$550,000
SOLD FEB 19, 2025
6 Beds
6 Baths
-- Sq Ft
8,494 Sq Ft Lot

Recently Sold

15 Days on Market

Highlights

  • Fenced Yard
  • Heating System Uses Steam
  • 1-minute walk to Davidson Memorial Park
  • Porch
  • Paved or Partially Paved Lot

About This Home

As of February 2025

This charming cobblestone building boasts stunning curb appeal and is situated on a picturesque, tree-lined street within walking distance of downtown. Listed on the National and Elgin Historical Registry, this four-unit property has been thoughtfully updated throughout. Each unit offers ample storage. Unit 1 features a unique two-story layout with a private entrance, while Units 2, 3, and 4 share a common hall with an elegant open staircase. The property includes a fenced common yard and a coin-operated laundry facility in the basement. The building is equipped with two boilers, two hot water heaters, and four electric meters, with the owner covering the electric bill for the entire property. Property is being sold "AS IS."

Last Agent to Sell the Property

Matthew Wiegman

Under One Realty License #471022369 Listed on: 12/17/2024

Last Buyer's Agent

Grace Pawlikowski

Baird & Warner License #475125362

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,083

Year Built

  • Built in 1850 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 100x85
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Asphalt Roof
  • Stone Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 6 Bathrooms

Parking

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

Utilities

  • Heating System Uses Steam
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $4,000
  • Gross Income $5,400
  • Net Operating Income $27,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,083

Year Built

Built in 1850 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1850
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Other Equipment: TV-Cable
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 2

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Stone
  • List Price: 550000
  • Lot Features: Fenced Yard
  • Patio And Porch Features: Porch
  • Roof: Asphalt, Flat
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 1000

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 100X85
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes
  • TenantPays: None

Multi Family

  • Net Operating Income: 27370
  • Insurance Expense: 4000
  • GrossIncome: 5400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,1 Story Unit/s,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 11083
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Feb 18, 2025
Sold by
Burns Josiah
Bought by
Rymaszewski Piotr and Rymaszewski Magdalena
Seller's Agent
Matthew Wiegman
Under One Realty
Buyer's Agent
Grace Pawlikowski
Baird & Warner
List Price
$550,000
Sold Price
$550,000
Total Days on Market
15
Views
62
Current Estimated Value
$551,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,135
Avg. Annual Appreciation
0.65%
Original Mortgage
$412,500
Outstanding Balance
$411,644
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$139,491

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 22, 2022
Sold by
Nagaraj Vinayak
Bought by
Burns Josiah
Seller's Agent
Vijaya Devarajan
HomeSmart Connect LLC
Buyer's Agent
Benjamin Ratner
Coldwell Banker Realty
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$466,200
Interest Rate
6.25%
Mortgage Type
VA

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 28, 2021
Sold by
Cuming Holdings Llc
Bought by
Nagaraj Vinayak
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Vijaya Devarajan
HomeSmart Connect LLC
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%
Original Mortgage
$386,141
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2017
Sold by
Perri Christopher and Perri Fotni H
Bought by
Cuming Holdings Llc

Purchase Details

Closed on
Mar 16, 2015
Sold by
Perri Hrisi and Perri Christopher
Bought by
Perri Fotini H and Perri Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,200
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
Sold by
Hellmer Sarah
Bought by
Perri Hrisi and Tassoulis Gus

Purchase Details

Closed on
Feb 15, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Hellmer Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,660
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2009
Sold by
Mcdevitt Joseph
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Mar 2, 2007
Sold by
Khan Ahmed
Bought by
Mcdevitt Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,400
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2005
Sold by
Brabec Julia M
Bought by
Khan Ahmed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $450,000 --
Warranty Deed $395,000 Ct
Warranty Deed $247,500 Attorneys Title Guaranty Fun
Interfamily Deed Transfer -- First American
Warranty Deed $225,000 Greater Metropolitan Title L
Special Warranty Deed $155,500 First American Title
Sheriffs Deed -- First American Title
Warranty Deed $413,000 First American Title
Deed $320,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $466,200 VA
Previous Owner $386,141 FHA
Previous Owner $228,770 Stand Alone Refi Refinance Of Original Loan
Previous Owner $158,200 New Conventional
Previous Owner $186,660 FHA
Previous Owner $330,400 Purchase Money Mortgage
Previous Owner $41,300 Credit Line Revolving
Previous Owner $322,500 Unknown
Previous Owner $45,003 Credit Line Revolving
Previous Owner $256,000 Fannie Mae Freddie Mac
Previous Owner $172,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $550,000 0.0% --
01/01/2025 01/01/25 Pending -- -- --
12/17/2024 12/17/24 For Sale $550,000 +22.2% --
09/28/2022 09/28/22 Sold $450,000 +5.9% --
08/04/2022 08/04/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $425,000 +9.0% --
11/04/2021 11/04/21 Sold $390,000 -2.5% --
09/23/2021 09/23/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $399,900 -- --
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
2023 $11,083 $138,013 $13,153 $124,860
2022 $6,422 $80,057 $11,993 $68,064
2021 $8,476 $94,999 $11,213 $83,786
2020 $8,271 $90,692 $10,705 $79,987
2019 $8,069 $86,390 $10,197 $76,193
2018 $8,046 $81,385 $9,606 $71,779
2017 $8,418 $81,849 $9,661 $72,188
2016 $8,098 $75,934 $8,963 $66,971
2015 -- $69,600 $8,215 $61,385
2014 -- $68,741 $8,114 $60,627
2013 -- $70,554 $8,328 $62,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12257824

Midwest Real Estate Data (MRED)

APN: 06-13-376-003