NOT LISTED FOR SALE

322 W Highland Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $336,142 - $375,000

4 Beds
3 Baths
-- Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: May 24, 2018

Last sale price $207,500

Est. 68% increase in value since last sale

Current estimated payment $2,522 / mo

76 Days on Market

Highlights

  • Deck
  • 4-minute walk to Elgin Station
  • Porch
  • American Four Square Architecture
  • Balcony
  • Patio

About This Home

As of May 2018

Attention investors! Here is your chance to own a piece of property that will revenue $2,350 per month! Or buy the building, live in one unit and rent out the other two. This 3-flat includes (2) 1 bedroom with bath and (1) 2 bedroom with bath unit that is located just minutes from downtown Elgin's Grand Victoria Casino, Prominade, Library, Restaurants, Elgin Community College & more.

Last Agent to Sell the Property

Karri Gibas

@properties Christie's International Real Estate License #475172299 Listed on: 02/05/2018

@properties Christie's International Real Estate

Co-Listed By

Graham Allen

@properties Christie's International Real Estate License #475165656

Last Buyer's Agent

Matt Lysien

Suburban Life Realty, Ltd License #471003181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,856

Lot Details

  • 10,890 Sq Ft Lot
  • Irregular Lot

Home Design

  • American Four Square Architecture
  • Brick Foundation
  • Shake Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,856

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Porch
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Lot Features: Irregular Lot
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 11,250
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 4856
  • Tax Year: 2016

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • 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

Listed on
Feb 5, 2018
Closed on
May 24, 2018
Sold by
Bought by
Seller's Agent
Karri Gibas
@properties Christie's International Real Estate
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$229,000
Sold Price
$207,500
Premium/Discount to List
-$21,500
-9.39%
Current Estimated Value
$348,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,525
Avg. Annual Appreciation
6.68%
Original Mortgage
$203,741
Interest Rate
0.0487%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 2006
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
$152,000
Interest Rate
0.075%
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
$207,500 Proper Title Llc
-- Attorney
$190,000 Chicago Title Insurance Comp
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
Closed $199,835
Closed $201,166
Closed $201,858
Closed $203,741
Closed $152,000
Closed $28,500
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
05/24/2018 05/24/18 Sold $207,500 -9.4% --
04/22/2018 04/22/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $229,000 -- --
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 $7,703 $96,249 $16,826 $79,423
2023 $7,412 $86,954 $15,201 $71,753
2022 $6,359 $73,339 $13,861 $59,478
2021 $6,117 $68,567 $12,959 $55,608
2020 $5,970 $65,457 $12,371 $53,086
2019 $5,823 $62,352 $11,784 $50,568
2018 $5,132 $51,911 $11,101 $40,810
2017 $504,744 $49,074 $10,494 $38,580
2016 $4,856 $45,528 $9,736 $35,792
2015 -- $41,731 $8,924 $32,807
2014 -- $41,216 $8,814 $32,402
2013 -- $33,991 $9,047 $24,944
Source: Public Records

Agents Affiliated with this Home

  • Karri Gibas

    Seller's Agent in 2018

    Karri Gibas

    @ Properties

    (847) 354-9162

    45 Total Sales

    Karri Gibas
    Section Image

  • G

    Seller Co-Listing Agent in 2018

    Graham Allen

    @ Properties

    Section Image
  • Matt Lysien

    Buyer's Agent in 2018

    Matt Lysien

    Suburban Life Realty, Ltd

    (847) 309-6939

    5 in this area

    526 Total Sales

    Matt Lysien
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09849043

Midwest Real Estate Data (MRED)

APN: 06-14-402-002

Illinois Kane County Elgin 60123 Grant Park

322 W Highland 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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