314 E Chicago St Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $1,323,294
1
Bed
--
Bath
--
Sq Ft
10,890
Sq Ft Lot
About This Home
This home is located at 314 E Chicago St, Elgin, IL 60120 and is currently estimated at $1,323,294. 314 E Chicago St is a home located in Kane County with nearby schools including Channing Memorial Elementary School, Ellis Middle School, and Elgin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 26, 2019
Sold by
Sommer Paul W and Paul W Sommer Trust
Bought by
Asumoni Management Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 8, 2016
Sold by
Sommer Paul W
Bought by
Sommer Paul W and Paul W Sommer Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Asumoni Management Llc | $850,000 | Attorneys Ttl Guaranty Fund | |
| Sommer Paul W | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Asumoni Management Llc | $850,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $27,843 | $347,915 | $41,655 | $306,260 |
| 2023 | $26,794 | $314,315 | $37,632 | $276,683 |
| 2022 | $24,852 | $286,601 | $34,314 | $252,287 |
| 2021 | $23,906 | $267,951 | $32,081 | $235,870 |
| 2020 | $23,330 | $255,800 | $30,626 | $225,174 |
| 2019 | $22,758 | $243,665 | $29,173 | $214,492 |
| 2018 | $22,695 | $229,548 | $27,483 | $202,065 |
| 2017 | $23,494 | $228,426 | $27,348 | $201,078 |
| 2016 | $22,601 | $211,918 | $25,372 | $186,546 |
| 2015 | -- | $194,242 | $23,256 | $170,986 |
| 2014 | -- | $191,844 | $22,969 | $168,875 |
| 2013 | -- | $196,905 | $23,575 | $173,330 |
Source: Public Records
Map
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