NOT LISTED FOR SALE

352 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $333,439 - $375,000

5 Beds
4 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold March 21, 2019

Last sale price $383,000

Est. 7% decrease in value since last sale

Current estimated payment $2,398/month

64 Days on Market

Highlights

  • Deck
  • Corner Lot
  • 3 Car Attached Garage
  • Recreation Room
  • Sitting Room
  • Senior Tax Exemptions

About This Home

As of March 2019

Mid Century & Art Deco enthusiasts take note!! BUY ONE GET ONE FREE!!!!. Here is your opportunity to own the first historical designated Mid-Century home in Wing Park area of Elgin and in addition have an amazing investment property. Built by the Levine family , the 3BR/3BA main home at 352 N Commonwealth is ordained by the centerpiece Carrara /Vitrolite glass fireplace in the living room . Beautiful built-in cabinetry graces the formal dining room. Spacious kitchen. Hardwood floors and lots of windows highlight the inviting family room. Basement is partially finished with second fireplace. Enjoy evenings on your deck. Lush beautiful perennials adorn the landscaping around this stately home. The "coach home" next door at 908 High St shares the driveway and garage with 352 Commonwealth and must be conveyed together. This is a very comfortable 2BR/1BA home with HW floors in the living room. Perfect for an in-law situation or keep the current tenants and have an investment

Last Agent to Sell the Property

John Wright

Keller Williams Premiere Properties License #475131980 Listed on: 11/03/2018

Keller Williams Premiere Properties

Last Buyer's Agent

Jeffrey Vitek

Keller Williams Premiere Properties License #475132788

Keller Williams Premiere Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,961

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Additional Parcels

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • Sitting Room
  • Recreation Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Additional Features

  • Deck
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units
  • Wing Park Manor Subdivision

Building Details

  • Net Operating Income $12,872

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,961

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Subdivision Name: WING PARK MANOR
  • Year Built: 1949
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • 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: 4
  • Total Bedrooms: 5
  • Room Type: Recreation Room, Sitting Room
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Microwave,Compactor,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors,Walk-In Closet,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Deck
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Fee Information

  • Other Expenses $: 3868

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.12
  • Lot Dimensions: 82 X 66 & 66 X 50
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 12872
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Coach House,Other

Tax Info

  • Tax Annual Amount: 6960.94
  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior,Other

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2018
Closed on
Apr 17, 2019
Sold by
Lara Maria Luisa
Bought by
Chanan Properties Llc
Seller's Agent
John Wright
Keller Williams Premiere Properties
Buyer's Agent
Jeffrey Vitek
Keller Williams Premiere Properties
List Price
$389,900
Sold Price
$383,000
Premium/Discount to List
-$6,900
-1.77%
Current Estimated Value
$355,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,640
Avg. Annual Appreciation
-1.10%
Original Mortgage
$183,750
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2018
Closed on
Mar 15, 2019
Sold by
Wiesman Sherry M
Bought by
Lara Maria Luisa
Seller's Agent
John Wright
Keller Williams Premiere Properties
Buyer's Agent
Jeffrey Vitek
Keller Williams Premiere Properties
List Price
$389,900
Sold Price
$383,000
Premium/Discount to List
-$6,900
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
5.37%
Mortgage Type
New Conventional
Source: Public Records
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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
Chanan Properties Llc -- Attorney
Lara Maria Luisa $367,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lara Maria Luisa $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2019 03/21/19 Sold $383,000 -1.8% --
01/06/2019 01/06/19 Pending -- -- --
11/03/2018 11/03/18 For Sale $389,900 -- --
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 $6,499 $81,213 $15,901 $65,312
2023 $6,254 $73,369 $14,365 $59,004
2022 $5,801 $66,899 $13,098 $53,801
2021 $5,580 $62,546 $12,246 $50,300
2020 $5,446 $59,710 $11,691 $48,019
2019 $5,312 $56,877 $11,136 $45,741
2018 $2,973 $53,582 $10,491 $43,091
2017 $3,093 $50,654 $9,918 $40,736
2016 $4,159 $46,993 $9,201 $37,792
2015 -- $43,074 $8,434 $34,640
2014 -- $42,542 $8,330 $34,212
2013 -- $43,664 $8,550 $35,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10129293

Midwest Real Estate Data (MRED)

APN: 06-14-103-017