$75,000
SOLD SEP 10, 2014
2 Beds
1 Bath
-- Sq Ft
8,276 Sq Ft Lot

Recently Sold

46% Below List Price

27 Days on Market

Highlights

  • English Architecture
  • Heating System Uses Steam
  • 2-minute walk to Ryerson Park
  • Fenced Yard
  • Paved or Partially Paved Lot

About This Home

As of January 2021

EXCELLENT INVESTMENT BUY! BRICK HOME-- LOW UPKEEP, BIG VALUE. TWO UNIT BUILDING NEEDS SOME TLC TWO BEDROOMS ON EACH FLOOR. HARDWOOD FLOORS. FIRST FLOOR RENTED. GREAT YARD SIZE. JUST MINUTES FROM DOWNTOWN ELGIN. WORTH SEEING, WORTH OWNING!

Last Agent to Sell the Property

Noe Favela

Coldwell Banker Realty License #475143290 Listed on: 06/13/2014

Coldwell Banker Realty

Last Buyer's Agent

Thomas Krebsbach

Vintage Home Realty License #471010460

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1878

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

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

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: English
  • New Construction: No
  • Year Built: 1878
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 1
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 79900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Schools

  • Elementary School: LOWRIE ELEMENTARY SCHOOL
  • High School: LARKIN HIGH SCHOOL
  • Middle/Junior School: ABBOTT MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: .25-.49 ACRE
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5011.72
  • Tax Year: 2012

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Jan 25, 2021
Sold by
Bogard Harry
Bought by
Brunet Jeffrey P and Duerr Casey M
Seller's Agent
Matt Lysien
Suburban Life Realty, Ltd
Buyer's Agent
Juan Ignacio Bustelo
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Total Days on Market
27
Current Estimated Value
$299,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,628
Avg. Annual Appreciation
6.82%
Original Mortgage
$220,924
Outstanding Balance
$201,508
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$98,120

Purchase Details

Listed on
Jun 13, 2014
Closed on
Sep 9, 2014
Sold by
Schneider Michael D
Bought by
Bogard Harry
Seller's Agent
Noe Favela
Coldwell Banker Realty
Buyer's Agent
Thomas Krebsbach
Vintage Home Realty
List Price
$140,000
Sold Price
$75,000
Premium/Discount to List
-$65,000
-46.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.79%

Purchase Details

Closed on
Mar 2, 1998
Sold by
Corus Bank Na
Bought by
Migatz Thomas B and Dondelinger Migatz Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,141
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 1997
Sold by
Ramsey Kenneth R
Bought by
Corus Bank Na
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $225,000 First American Title Ins Co
Warranty Deed $75,000 First American Title
Warranty Deed $105,000 Premier Title Company
Sheriffs Deed -- Premier Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,900 FHA
Open $220,924 FHA
Previous Owner $60,000 New Conventional
Previous Owner $184,000 Unknown
Previous Owner $178,400 Unknown
Previous Owner $136,000 Unknown
Previous Owner $20,000 Credit Line Revolving
Previous Owner $106,400 Unknown
Previous Owner $104,141 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $225,000 -4.3% $125 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $235,000 0.0% $131 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $235,000 0.0% $131 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $235,000 0.0% $131 / Sq Ft
05/01/2019 05/01/19 Rented $1,700 -5.6% --
04/01/2019 04/01/19 For Rent $1,800 0.0% --
09/10/2014 09/10/14 Sold $75,000 -6.1% --
07/10/2014 07/10/14 Pending -- -- --
06/17/2014 06/17/14 Price Changed $79,900 -42.9% --
06/13/2014 06/13/14 For Sale $140,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2023 $6,166 $80,328 $15,809 $64,519
2022 $5,831 $73,245 $14,415 $58,830
2021 $6,110 $68,479 $13,477 $55,002
2020 $5,962 $65,374 $12,866 $52,508
2019 $5,816 $62,273 $12,256 $50,017
2018 $4,270 $49,086 $11,546 $37,540
2017 $4,156 $46,404 $10,915 $35,489
2016 $3,951 $43,050 $10,126 $32,924
2015 -- $39,459 $9,281 $30,178
2014 -- $38,971 $9,166 $29,805
2013 -- $39,999 $9,408 $30,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08644081

Midwest Real Estate Data (MRED)

APN: 06-23-231-014