NOT LISTED FOR SALE

Estimated Value: $227,000 - $294,000

2 Beds
3 Baths
-- Sq Ft
0.79 Acres

Last Sold September 23, 2022

Last sale price $171,900

Est. 52% increase in value since last sale

Current estimated payment $1,782/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Detached Garage
  • Laundry Room
  • Corner Lot
  • Living Room
  • 2-minute walk to James T Gifford Park

About This Home

As of September 2022

Great opportunity for an investment property at a great price. This is a unique property, it is a 1/2 duplex, two flat. Rental license is active, upper unit has one bedroom, one bath and the kitchen has enough room for a table the upper unit also has access to the attic which is big enough to be converted into more living area. Lower unit has one bedroom (possible two) with two full bathrooms, separate dining room and living room plus there is a dinette area off the kitchen. Both units have private entrances. This building is located within the Elgin Historic District. The house was painted on the outside two years ago, including wood reconstruction according to City of Elgin's Historic District guidelines. Roof was replaced around 10 years ago and water marks you see in attic are from the old roof. Additional features are: 4-year-old water heater, A/C unit, 2 car garage, full basement and plenty of storage. Great location too, close to school, supermarkets, route 25 and minutes to I-90.

Last Agent to Sell the Property

Carlos Betancourt

Premier Living Properties License #475128350 Listed on: 08/15/2022

Last Buyer's Agent

Kayla Ramos

Century 21 TK Realty License #471022270

Century 21 TK  Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,242

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 83x42
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Victorian Architecture
  • Stone Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Bedroom in Basement

Schools

  • Channing Memorial Elementary Sch
  • Ellis Middle School
  • Elgin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • James T Giffords Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,242

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary, Victorian
  • New Construction: No
  • Subdivision Name: James T Giffords
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Finished,Exterior Access,Sleeping Area
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator
  • MRD_AppliancesAndFeatures: Refrigerator

Exterior Features

  • Foundation Details: Stone
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Channing Memorial Elementary Sch
  • High School: Elgin High School
  • Middle/Junior School: Ellis Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 83X42
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4241.82
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

MLS Schools

  • Other Public Sch Dist: 509
  • Othr Public Sch: Elgin Community College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 16, 2022
Sold by
Tovar Macario
Bought by
Tovar Dennis J and Vargas Abigail Acevedo
Seller's Agent
Carlos Betancourt
Premier Living Properties
Buyer's Agent
Kayla Ramos
Century 21 TK Realty
List Price
$171,900
Sold Price
$171,900
Views
35
Current Estimated Value
$262,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,165
Avg. Annual Appreciation
13.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tovar Dennis J $172,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $171,900 0.0% --
08/18/2022 08/18/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $171,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,692 $66,633 $12,739 $53,894
2023 $4,450 $60,198 $11,509 $48,689
2022 $4,410 $50,854 $10,494 $40,360
2021 $4,242 $47,545 $9,811 $37,734
2020 $4,140 $45,389 $9,366 $36,023
2019 $3,011 $43,236 $8,922 $34,314
2018 $2,939 $40,731 $8,405 $32,326
2017 $2,829 $38,506 $7,946 $30,560
2016 $2,276 $35,723 $7,372 $28,351
2015 -- $32,743 $6,757 $25,986
2014 -- $32,339 $6,674 $25,665
2013 -- $33,192 $6,850 $26,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11492271

Midwest Real Estate Data (MRED)

APN: 06-13-304-009