NOT LISTED FOR SALE

401 E Chicago St Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $6,668,739

2 Beds
1 Bath
714 Sq Ft
$9,340/Sq Ft Est. Value

About This Home

This home is located at 401 E Chicago St, Elgin, IL 60120 and is currently estimated at $6,668,739, approximately $9,339 per square foot. 401 E Chicago St is a home located in Kane County with nearby schools including Channing Memorial Elementary School, McDade Elementary Classical School, and Ellis Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2020
Sold by
Central City Management Llc
Bought by
Apartment Investors Xxiv Ltd Partnerhsip
Current Estimated Value
$6,668,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2016
Sold by
Liebling Morris
Bought by
Central City Management Llc Series C

Purchase Details

Closed on
Nov 10, 1994
Sold by
Chicago Gifford Building Corp
Bought by
Liebling Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,483,500
Interest Rate
9.06%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Apartment Investors Xxiv Ltd Partnerhsip $4,572,500 None Available
Central City Management Llc Series C -- Attorney
Liebling Morris $1,722,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Apartment Investors Xxiv Ltd Partnerhsip $3,450,000
Previous Owner Liebling Morris $1,483,500
Source: Public Records

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 $117,280 $1,465,481 $129,528 $1,335,953
2023 $112,860 $1,323,951 $117,019 $1,206,932
2022 $92,675 $1,068,779 $106,701 $962,078
2021 $89,149 $999,233 $99,758 $899,475
2020 $87,001 $953,921 $95,234 $858,687
2019 $84,867 $908,669 $90,716 $817,953
2018 $84,632 $856,023 $85,460 $770,563
2017 $87,615 $851,840 $85,042 $766,798
2016 $84,284 $790,277 $78,896 $711,381
2015 -- $724,360 $72,315 $652,045
2014 -- $715,417 $71,422 $643,995
2013 -- $734,288 $73,306 $660,982
Source: Public Records

Map

Illinois Kane County Elgin 60120 Gifford Park

401 E Chicago St, Elgin, IL

Not Listed for Sale

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