NOT LISTED FOR SALE

324 Washington St Unit 26 Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $232,000 - $270,000

3 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $168,000

Est. 49% increase in value since last sale

Current estimated payment $1,690/month

98 Days on Market

Highlights

  • Deck
  • Paved or Partially Paved Lot
  • 3-minute walk to Grant School Park
  • Multiple Water Heaters

About This Home

As of December 2020

Ready to go. New Windows, HVAC, plumbing, and baths on this 2 unit close to downtown Elgin. Both units have new flooring, new paint and new granite kitchen counters.Washer and dryer hook ups in each unit.Conveniently located off of rt 31 close to Metra train, Pace bus stops, and Gail Borden Library. 324 is a 2 story 2 bed 2 bath with basement. 326 is a 1 bed 1 bath with basement.Live in one, rent the other.

Last Agent to Sell the Property

Kendra Perham

Suburban Life Realty, Ltd. License #475145705 Listed on: 07/31/2020

Last Buyer's Agent

Ruben Acevedo

Global Ruben's Team Realty License #471006459

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,609

Year Built

  • Built in 1890 | Remodeled in 2020

Lot Details

  • Lot Dimensions are 71x71x66x66
  • Paved or Partially Paved Lot

Home Design

  • Cedar

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Multiple Water Heaters

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,609

Year Built

Built in 1890 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors, Multiple Water Heaters
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 170000
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 71X71X66X66
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3609
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Dec 4, 2020
Sold by
Philip Georgy
Bought by
Gonzalez Leticia Clauel
Seller's Agent
Kendra Perham
Suburban Life Realty, Ltd.
Buyer's Agent
Ruben Acevedo
Global Ruben's Team Realty
List Price
$170,000
Sold Price
$168,000
Premium/Discount to List
-$2,000
-1.18%
Current Estimated Value
$250,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,702
Avg. Annual Appreciation
8.66%
Original Mortgage
$134,400
Outstanding Balance
$120,538
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$130,164

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jul 22, 2019
Sold by
Regions Bank
Bought by
Philip Geogy
Seller's Agent
Fidel Batres
Keller Williams Realty Signature
Buyer's Agent
Kendra Perham
Suburban Life Realty, Ltd.
List Price
$94,900
Sold Price
$65,000
Premium/Discount to List
-$29,900
-31.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.98%

Purchase Details

Closed on
Jul 13, 2018
Sold by
Np
Bought by
Consolidated Properties
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 Buyer Sale Price Title Company
Gonzalez Leticia Clauel $168,000 None Available
Philip Geogy $65,000 Chicago Title
Consolidated Properties -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Leticia Clauel $134,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $168,000 -1.2% --
11/06/2020 11/06/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $170,000 0.0% --
10/22/2020 10/22/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $170,000 0.0% --
10/02/2020 10/02/20 Pending -- -- --
09/20/2020 09/20/20 Price Changed $170,000 -5.0% --
09/02/2020 09/02/20 For Sale $179,000 0.0% --
08/26/2020 08/26/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $179,000 0.0% --
08/14/2020 08/14/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $179,000 +175.4% --
08/30/2019 08/30/19 Sold $65,000 -31.5% -- View Prior Sale
07/13/2019 07/13/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $94,900 0.0% --
06/20/2019 06/20/19 For Sale $94,900 0.0% --
06/20/2019 06/20/19 Pending -- -- --
06/19/2019 06/19/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $94,900 -- --
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
2024 $4,258 $61,203 $10,404 $50,799
2023 $4,031 $55,292 $9,399 $45,893
2022 $3,522 $46,612 $8,570 $38,042
2021 $3,353 $43,579 $8,012 $35,567
2020 $3,794 $41,603 $7,649 $33,954
2019 $3,701 $39,629 $7,286 $32,343
2018 $3,691 $37,333 $6,864 $30,469
2017 $3,630 $35,293 $6,489 $28,804
2016 $3,492 $32,742 $6,020 $26,722
2015 -- $30,011 $5,518 $24,493
2014 -- $29,641 $5,450 $24,191
2013 -- $30,423 $5,594 $24,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10802024

Midwest Real Estate Data (MRED)

APN: 06-14-255-009