Louise Berger
RE/MAX Plaza
(815) 923-3645
58 Total Sales
1 in Far West Elgin
$475,000 Price
38W654 Us Highway 20 Elgin, IL 60124
Far West Elgin NeighborhoodEstimated Value: $446,549
3
Beds
5
Baths
--
Sq Ft
1.06
Acre Lot
Highlights
- 1.06 Acre Lot
- Country Trails Elementary School Rated A-
- Heating Available
About This Home
As of September 2019GREAT LOCATION FOR THIS 5 UNIT PROPERTY ON A ONE ACRE LOT IN ELGIN'S FAR WEST CORRIDOR. PROPERTY CONSISTS OF A SINGLE FAMILY HOME, 4 SEPARATE APARTMENT UNITS, 2 STORAGE UNITS AND A 2 CAR GARAGE. LOW RENTS GIVES UPSIDE POTENTIAL FOR INCOME.
Last Agent to Sell the Property
RE/MAX Horizon License #475091643 Listed on: 10/16/2017
Last Buyer's Agent
Glen McDade
Coldwell Banker Realty License #475176229
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,400
Year Built
- Built in 1951
Lot Details
- 1.06 Acre Lot
- Lot Dimensions are 112x394x138x385
Home Design
- Wood Frame Construction
Bedrooms and Bathrooms
- 3 Bedrooms
- 5 Bathrooms
Additional Features
- 1-Story Property
- Heating Available
Listing and Financial Details
- Tenant pays for varies by tenant
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $3,235
- Fuel Expense $397
- Insurance Expense $2,353
- Other Expense $1,875
- Trash Expense $1,200
- Operating Expense $17,460
- Gross Income $30,780
- Net Operating Income $13,320
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
Oct 16, 2017
Closed on
Sep 30, 2019
Sold by
Bought by
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Glen McDade
Coldwell Banker Realty
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,549
Avg. Annual Appreciation
7.63%
Original Mortgage
$216,000
Outstanding Balance
$185,849
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$260,700
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Far West Elgin, IL
-
Louise Berger
-
Henri Vasquez
Henri Vasquez
Responds QuicklyHouse Select Realty, Inc.
(630) 349-7684
89 Total Sales
1 in Far West Elgin
$351,500 Price
-
Kimberly Zahand
Kimberly Zahand
Keller Williams North Shore West
(708) 859-7009
390 Total Sales
2 in Far West Elgin
$225K - $710K Price Range
-
Lisa Wolf
Lisa Wolf
Keller Williams North Shore West
(224) 332-2538
1,080 Total Sales
4 in Far West Elgin
$225K - $750K Price Range
-
Raj Patel
Raj Patel
American Star Realty
(224) 412-5984
70 Total Sales
3 in Far West Elgin
$229K - $410K Price Range
-
Stella Schening
Stella Schening
HomeSmart Connect LLC
(224) 222-1296
70 Total Sales
1 in Far West Elgin
$407,000 Price
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 |
|---|---|---|---|
| $270,000 | 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 |
|---|---|---|---|
| Open | $216,000 |
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 |
|---|---|---|---|---|
| 09/30/2019 09/30/19 | Sold | $270,000 | -3.5% | -- |
| 05/20/2019 05/20/19 | Pending | -- | -- | -- |
| 11/26/2018 11/26/18 | Price Changed | $279,900 | -3.1% | -- |
| 02/05/2018 02/05/18 | Price Changed | $289,000 | -3.3% | -- |
| 10/16/2017 10/16/17 | For Sale | $299,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $10,017 | $144,522 | $59,177 | $85,345 |
| 2024 | $10,017 | $133,114 | $54,506 | $78,608 |
| 2023 | $10,189 | $120,258 | $49,242 | $71,016 |
| 2022 | $9,559 | $109,654 | $44,900 | $64,754 |
| 2021 | $9,157 | $102,518 | $41,978 | $60,540 |
| 2020 | $8,882 | $97,869 | $40,074 | $57,795 |
| 2019 | $8,559 | $93,226 | $38,173 | $55,053 |
| 2018 | $8,043 | $87,824 | $35,961 | $51,863 |
| 2017 | $11,995 | $129,316 | $40,451 | $88,865 |
| 2016 | $12,074 | $119,971 | $37,528 | $82,443 |
| 2015 | -- | $109,964 | $34,398 | $75,566 |
| 2014 | -- | $96,018 | $29,971 | $66,047 |
| 2013 | -- | $98,551 | $30,762 | $67,789 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Henrikson
Seller's Agent in 2019
Ben Henrikson
RE/MAX
(847) 931-7500
8 in this area
101 Total Sales
-
G
Buyer's Agent in 2019
Glen McDade
Coldwell Banker Realty
-
Elizabeth Riter
Buyer Co-Listing Agent in 2019
Elizabeth Riter
Coldwell Banker Realty
(630) 205-0713
11 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09779764
APN: 06-07-300-009
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.
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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