NOT LISTED FOR SALE

346 Riverview Ave South Elgin, IL 60177

Estimated Value: $552,000 - $605,000

7 Beds
5 Baths
-- Sq Ft
1.03 Acres Lot

Sale Details

Date Sold: December 21, 2016

Last sale price $315,000 $0 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,133 / mo

324 Days on Market

About This Home

As of December 2016

5 Unit Property Includes 4 Unit Building With Coach Home. Heated Attached Garage Spaces. Laundry And Storage Units Located In Basement Area. New roof! This property is a unique offering and will not disappoint!

Last Agent to Sell the Property

Debbie Scheitlin

Top Tier Asset Management License #471003539 Listed on: 12/03/2015

Co-Listed By

Allen Zak

Coldwell Banker The Real Estate Group

Last Buyer's Agent

Matt Lysien

Suburban Life Realty, Ltd License #471003181

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 1.03

Community Details

  • Fuel Expense $2,000
  • Insurance Expense $3,500

Listing and Financial Details

  • Tenant pays for electric, scavenger, water/sewer

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

1.03 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 33106
  • Repairs Decor Expense: 1000
  • Total Annual Exp: 15854
  • Total Annual Income: 32626
  • Total Monthly Income: 4040
  • Unincorporated: Yes
  • Number Of Stories: 2
  • Estimated Year Built: 1920
  • Type Multi Family: Four Plus One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heatventilation: Central Bldg Heat, Hot Water, Baseboard

Condo/Co-op/Association

  • Units in Building: 5

Lot Info

  • Lot Dimensions: 320 X 117
  • Parcel Identification Number: 0625126006

Rental Info

  • Gross Rental Income: 48480
  • Tenant Pays: Electric, Scavenger, Water/Sewer

Multi Family

  • Fuel Expense: 2000
  • Insurance Expense: 3500

Tax Info

  • Taxes: 9355

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
Dec 3, 2015
Closed on
Dec 21, 2016
Sold by
Bought by
Seller's Agent
Debbie Scheitlin
Top Tier Asset Management
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Current Estimated Value
$581,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,577
Avg. Annual Appreciation
6.71%
Original Mortgage
$472,500
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2002
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
$255,000
Interest Rate
7.5%

Purchase Details

Closed on
Oct 25, 1996
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
$204,000
Interest Rate
8.37%

Purchase Details

Closed on
May 1, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 1995
Sold by
Bought by
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
$315,000 Chicago Title Ins Co
$300,000 Chicago Title Insurance Co
$25,500 Chicago Title Insurance Co
-- Chicago Title Insurance Co
-- Chicago Title Insurance Co
-- Chicago Title Insurance Co
-- Chicago Title Insurance Co
-- Chicago Title Insurance Co
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 $472,500
Previous Owner $255,000
Previous Owner $204,000
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
12/21/2016 12/21/16 Sold $315,000 -10.0% --
10/22/2016 10/22/16 Pending -- -- --
12/03/2015 12/03/15 For Sale $350,000 -- --
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 $11,929 $151,168 $27,842 $123,326
2023 $11,458 $136,569 $25,153 $111,416
2022 $10,716 $124,527 $22,935 $101,592
2021 $10,139 $116,424 $21,443 $94,981
2020 $9,868 $111,145 $20,471 $90,674
2019 $9,540 $105,873 $19,500 $86,373
2018 $9,400 $99,739 $18,370 $81,369
2017 $8,978 $94,289 $17,366 $76,923
2016 $8,611 $87,475 $16,111 $71,364
2015 -- $80,179 $14,767 $65,412
2014 -- $79,189 $14,585 $64,604
2013 -- $81,278 $14,970 $66,308
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Debbie Scheitlin

    Top Tier Asset Management

    (847) 652-5610

    4 Total Sales

    Debbie Scheitlin
    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Allen Zak

    Coldwell Banker The Real Estate Group

  • Matt Lysien

    Buyer's Agent in 2016

    Matt Lysien

    Suburban Life Realty, Ltd

    (847) 309-6939

    15 in this area

    517 Total Sales

    Matt Lysien
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09096769

Midwest Real Estate Data (MRED)

APN: 06-25-126-006

Illinois Kane County South Elgin 60177

346 Riverview Ave, South 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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