NOT LISTED FOR SALE

Estimated Value: $209,000 - $243,000

4 Beds
2 Baths
1,400 Sq Ft
$164/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $85,000 $61 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,704/month

42 Days on Market

Highlights

  • Property is near a bus stop
  • Wood Siding
  • 1-minute walk to Ryerson Park

About This Home

As of February 2020

CALLING ALL rehabbers, investors, landlords & renovation contractors!!! Great flip or buy and hold opportunity! Stellar opportunity to fix & flip or buy and hold large 4 Bed home near Ryerson Park! Enclosed front porch, newer Hi-efficiency furnace & water heater! Huge 1st floor kitchen w/adjacent bedroom! Close to METRA Station, Crown Victoria Casino, Center City including Hemmens Auditorium, The Centre of Elgin recreation facility & award winning Gail Borden Library! Broker has interest.

Last Agent to Sell the Property

Joseph Mueller

Tanis Group Realty License #471006369 Listed on: 12/18/2019

Last Buyer's Agent

Jesus Perez

Casablanca License #475164326

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,938

Year Built

  • 1900

Lot Details

  • 3,049

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Basement Fills Entire Space Under The House
  • Property is near a bus stop

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,938

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Square Footage Comments: tax assessed square footage doesn't include 2nd floor
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X18, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X18, On Level: Main Level
  • Kitchen Type: Dimensions: 15X15, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X15, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 10X15, On Level: 2nd Level
  • Bedroom 4: Dimensions: 12X14, On Level: Main Level
  • Estimated Sq Ft: 1400
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 10X12, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Wood Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.075

Garage/Parking

  • Driveway: Gravel

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 870

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 40X75
  • Parcel Identification Number: 0624103016

Tax Info

  • Taxes: 4182.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Jan 31, 2020
Sold by
Reinvest Homes Llc
Bought by
Arvizu Maria
Seller's Agent
Joseph Mueller
Tanis Group Realty
Buyer's Agent
Jesus Perez
Casablanca
List Price
$109,900
Sold Price
$85,000
Premium/Discount to List
-$24,900
-22.66%
Total Days on Market
42
Current Estimated Value
$230,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,013
Avg. Annual Appreciation
18.23%

Purchase Details

Closed on
Oct 1, 2019
Sold by
Francio Construction Inc
Bought by
Reinvest Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2004
Sold by
Midwest Bank & Trust Co
Bought by
Franco Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 2002
Sold by
Gonzalez Manuel
Bought by
Midwest Bank & Trust Company and Trust #01-6-7920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
4.75%

Purchase Details

Closed on
Jun 29, 2000
Sold by
Jarka Norma J
Bought by
Gonzalez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,800
Interest Rate
8.55%
Mortgage Type
FHA
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
Arvizu Maria $85,000 Fidelity National Title
Reinvest Homes Llc $285,000 Fidelity National Title
Franco Construction Llc -- Chicago Title Insurance Comp
Midwest Bank & Trust Company $118,000 Chicago Title Insurance Co
Gonzalez Manuel $102,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reinvest Homes Llc $77,500
Previous Owner Franco Construction L L C $41,685
Previous Owner Franco Construction Llc $350,643
Previous Owner Franco Construction Llc $91,165
Previous Owner Franco Construction Llc $116,000
Previous Owner Midwest Bank & Trust Company $88,500
Previous Owner Gonzalez Manuel $101,799
Previous Owner Gonzalez Manuel $101,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $85,000 -14.9% $61 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $99,900 -9.1% $71 / Sq Ft
12/18/2019 12/18/19 For Sale $109,900 -- $79 / Sq Ft
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 $4,938 $57,930 $8,206 $49,724
2022 $4,580 $52,822 $7,482 $45,340
2021 $4,406 $49,385 $6,995 $42,390
2020 $4,300 $47,146 $6,678 $40,468
2019 $4,194 $44,909 $6,361 $38,548
2018 $4,183 $42,307 $5,992 $36,315
2017 $4,114 $39,996 $5,665 $34,331
2016 $3,957 $37,106 $5,256 $31,850
2015 -- $34,011 $4,818 $29,193
2014 -- $33,592 $4,759 $28,833
2013 -- $34,479 $4,885 $29,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10594670

Midwest Real Estate Data (MRED)

APN: 06-24-103-016