NOT LISTED FOR SALE

360 Prairie St Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $460,890 - $567,000

6 Beds
6 Baths
3,548 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $305,000 $86 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,574/month

76 Days on Market

About This Home

As of November 2018

** HERE IS YOUR OPPORTUNITY AGAIN ON THIS INCREDIBLE BUY! **GREAT INVESTMENT PROPERTY!** TOTAL OF 6 UNITS. TENANTS PAY ELECTRIC. OWNER PAYS HEAT/GAS, & WATER. NEW ROOF IN 2013 AND PORCH ROOF IN 2015. EXTERIOR PAINT IN 2013. THE POSSIBILITIES ARE ENDLESS!

Last Agent to Sell the Property

Esther Zamudio

Zamudio Realty Group License #471021065 Listed on: 06/20/2018

Last Buyer's Agent

Matt Lysien

Suburban Life Realty, Ltd License #471003181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,101

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 66 x 132

Interior Spaces

  • 3,548 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $350
  • Fuel Expense $2,101
  • Insurance Expense $2,057
  • Trash Expense $913
  • Water Sewer Expense $1,276
  • Operating Expense $6,697
  • Gross Income $50,400
  • Net Operating Income $43,703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,101

Year Built

Built in 1900

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1900
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Room: 0

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Gas

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 913
  • Water Sewer Expenses: 1276

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66 X 132
  • Zoning: OTHER

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 5

Building Info

  • BuildingAreaTotal: 3548

Multi Family

  • Net Operating Income: 43703
  • Fuel Expense: 2101
  • Insurance Expense: 2057
  • ElectricExpense: 350
  • GrossIncome: 50400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 6697
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 9101.1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Nov 30, 2018
Sold by
Baker Gary L and Baker Delores M
Bought by
Fundamental Value Inc
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$508,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,473
Avg. Annual Appreciation
7.24%
Original Mortgage
$244,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2011
Sold by
Langsam Alan and Langsam Debra
Bought by
Baker Gary
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

Date Buyer Sale Price Title Company
Fundamental Value Inc $305,000 Attorneys Title Guaranty Fun
Baker Gary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fundamental Value Inc $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2018 12/04/18 Off Market $305,000 -- --
11/30/2018 11/30/18 Sold $305,000 -6.2% $86 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $325,000 -- $92 / Sq Ft
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 $10,786 $134,774 $19,888 $114,886
2023 $10,379 $121,758 $17,967 $103,791
2022 $9,627 $111,022 $16,383 $94,639
2021 $9,261 $103,798 $15,317 $88,481
2020 $9,037 $99,091 $14,622 $84,469
2019 $8,816 $94,390 $13,928 $80,462
2018 $8,791 $88,921 $13,121 $75,800
2017 $9,101 $88,486 $13,057 $75,429
2016 $8,755 $82,091 $12,113 $69,978
2015 -- $75,244 $11,103 $64,141
2014 -- $74,315 $10,966 $63,349
2013 -- $76,275 $11,255 $65,020
Source: Public Records

Agents Affiliated with this Home

  • Esther Zamudio

    Seller's Agent in 2018

    Esther Zamudio

    Zamudio Realty Group

    (847) 508-7500

    5 in this area

    587 Total Sales

    Esther Zamudio
    Section Image
  • Matt Lysien

    Buyer's Agent in 2018

    Matt Lysien

    Suburban Life Realty, Ltd

    (847) 309-6939

    2 in this area

    517 Total Sales

    Matt Lysien
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09992445

Midwest Real Estate Data (MRED)

APN: 06-13-331-016

Illinois Kane County Elgin 60120 Gifford Park

360 Prairie St, Elgin, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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