NOT LISTED FOR SALE

321 Ryerson Ave Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $358,673 - $426,000

6 Beds
5 Baths
-- Sq Ft
5,227 Sq Ft Lot Lot

Sale Details

Date Sold: June 1, 2020

Last sale price $289,900

Est. 35% increase in value since last sale

Current estimated payment $2,783 / mo

20 Days on Market

Highlights

  • Property is near park
  • Heating System Uses Steam
  • 1-minute walk to Ryerson Park
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot

About This Home

As of June 2020

FULLY RENTED CASH FLOWING INVESTMENT PROPERTY * DON'T MISS THIS MAJOR OPPORTUNITY * LEGAL 3 UNIT W/ MASSIVE DRIVEWAY * TENANTS ARE ON LONG TERM LEASES & PAY ALL UTILITIES EXCEPT WATER * NEW BOILER SYSTEM * NEWER FLOORING THROUGHOUT * UPDATED KITCHENS W/ NEWER APPLIANCES & WHITE CABINETS * 2 CAR DETACHED GARAGE FOR EXTRA INCOME OR STORAGE * WALKING DISTANCE TO DOWNTOWN * GREAT LOCATION & CLOSE TO ROUTE 20!

Last Agent to Sell the Property

Valentino Ranallo

CENTURY 21 New Heritage West License #475184004 Listed on: 04/03/2020

CENTURY 21 New Heritage West

Last Buyer's Agent

Michael Scanlon

eXp Realty License #475188240

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,458

Year Built

  • Built in 1900 | Remodeled in 2018

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 58x105
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Schools

  • Lowrie Elementary School
  • Abbott Middle School
  • Larkin High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near park
  • Heating System Uses Steam

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,458

Year Built

Built in 1900 | Remodeled in 2018

Lot Details

5,227 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Lowrie Elementary School
  • High School: Larkin High School
  • Middle/Junior School: Abbott Middle School

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 58X105
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 5458.4
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Bought by
Current Estimated Value
$391,168

Purchase Details

Listed on
Apr 3, 2020
Closed on
May 28, 2020
Sold by
Bought by
Seller's Agent
Valentino Ranallo
CENTURY 21 New Heritage West
Buyer's Agent
Michael Scanlon
eXp Realty
List Price
$299,900
Sold Price
$289,900
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$274,550
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2018
Closed on
Nov 16, 2018
Sold by
Bought by
Seller's Agent
Matt Lysien
Suburban Life Realty, Ltd
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$187,500
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2016
Sold by
Bought by

Purchase Details

Closed on
May 27, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
$289,000 Fidelity National Title
$250,000 Chicago Title Ins Co
$128,000 None Available
-- Premier Title
$220,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $274,550
Previous Owner $187,500
Previous Owner $96,000
Previous Owner $198,000
Source: Public Records

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 Prior Sale
06/01/2020 06/01/20 Sold $289,900 0.0% --
04/23/2020 04/23/20 Pending -- -- --
04/15/2020 04/15/20 Price Changed $289,900 -3.3% --
04/03/2020 04/03/20 For Sale $299,900 +20.0% --
11/16/2018 11/16/18 Sold $250,000 -16.4% -- View Prior Sale
10/16/2018 10/16/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $299,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $8,483 $106,002 $14,537 $91,465
2023 $8,164 $95,765 $13,133 $82,632
2022 $6,978 $80,471 $11,975 $68,496
2021 $6,712 $75,235 $11,196 $64,039
2020 $6,003 $71,823 $10,688 $61,135
2019 $5,829 $68,416 $10,181 $58,235
2018 $5,458 $55,210 $9,591 $45,619
2017 $5,368 $52,193 $9,067 $43,126
2016 $5,164 $48,421 $8,412 $40,009
2015 -- $44,382 $7,710 $36,672
2014 -- $43,834 $7,615 $36,219
2013 -- $44,990 $7,816 $37,174
Source: Public Records

Agents Affiliated with this Home

  • Valentino Ranallo

    Seller's Agent in 2020

    Valentino Ranallo

    CENTURY 21 New Heritage West

    (224) 420-2588

    67 Total Sales

    Valentino Ranallo
    Section Image
  • Michael Scanlon

    Buyer's Agent in 2020

    Michael Scanlon

    eXp Realty

    (773) 630-9205

    2 in this area

    967 Total Sales

    Michael Scanlon
    Section Image
  • Matt Lysien

    Seller's Agent in 2018

    Matt Lysien

    Suburban Life Realty, Ltd

    (847) 309-6939

    5 in this area

    517 Total Sales

    Matt Lysien
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10682867

Midwest Real Estate Data (MRED)

APN: 06-24-102-004

Illinois Kane County Elgin 60123 Southwest Elgin

321 Ryerson Ave, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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