316 Lawrence Ave Elgin, IL 60123
Grant Park NeighborhoodEstimated payment $3,424/month
Highlights
- Heating System Uses Steam
- Wood Siding
- 1-minute walk to Grant School Park
About This Home
We are pleased to offer this 5 unit apartment building. The owners have several long term tenants. The building has a basement and 5 car garage. The roof was new about 2 year ago. Updated railings to apartments 4 & 5 in past few years. #5 was recently remodeled.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,679
Year Built
- Built in 1863
Lot Details
- Lot Dimensions are 66x132
Home Design
- Frame Construction
- Pitched Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 2,634 Sq Ft Home
- 2-Story Property
- Exterior Basement Entry
Utilities
- Heating System Uses Steam
- Separate Meters
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $1,178
- Fuel Expense $2,561
- Insurance Expense $2,794
- Maintenance Expense $783
- Other Expense $525
- Water Sewer Expense $3,225
- Operating Expense $10,541
- Gross Income $49,500
- Net Operating Income $30,280
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,679 | $108,452 | $16,705 | $91,747 |
| 2023 | $8,352 | $97,978 | $15,092 | $82,886 |
| 2022 | $7,747 | $89,339 | $13,761 | $75,578 |
| 2021 | $7,452 | $83,526 | $12,866 | $70,660 |
| 2020 | $7,272 | $79,739 | $12,283 | $67,456 |
| 2019 | $7,094 | $75,956 | $11,700 | $64,256 |
| 2018 | $7,074 | $71,555 | $11,022 | $60,533 |
| 2017 | $6,958 | $67,645 | $10,420 | $57,225 |
| 2016 | $6,693 | $62,756 | $9,667 | $53,089 |
| 2015 | -- | $57,522 | $8,861 | $48,661 |
| 2014 | -- | $56,812 | $8,752 | $48,060 |
| 2013 | -- | $58,311 | $8,983 | $49,328 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2026 06/20/26 | Pending | -- | -- | -- |
| 05/28/2026 05/28/26 | For Sale | $500,000 | -- | $190 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12653994
APN: 06-14-133-013
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Ask me questions while you tour the home.