Seller's Agent in 2023
Christopher Leon
eXp Realty
(224) 595-5377
1 in this area
57 Total Sales
408 E Chicago St Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $425,000 - $440,000
6
Beds
4
Baths
--
Sq Ft
8,712
Sq Ft Lot
Highlights
- Rooftop Deck
- American Four Square Architecture
- 2 Car Detached Garage
- McDade Elementary Classical School Rated 10
- Balcony
- 4-minute walk to James T Gifford Park
About This Home
As of July 2023$5300 Potential gross monthly income. Currently $4100, with one unit vacant. Improvements include new boiler, (19') newer appliances, updated baths and kitchens, paint and more. Call/email listing agent for more info. Rent roll to be emailed upon request.
Last Agent to Sell the Property
eXp Realty License #475156275 Listed on: 03/31/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,246
Year Built
- Built in 1920 | Remodeled in 2019
Lot Details
- Lot Dimensions are 63x143x65x144
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Alley Access
- Side or Rear Entrance to Parking
- Driveway
- Off Alley Parking
- Parking Included in Price
- Unassigned Parking
Home Design
- American Four Square Architecture
- Block Foundation
- Stone Foundation
- Asphalt Roof
- Stucco
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
- Low Flow Toliet
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Balcony
- Rooftop Deck
- Porch
Schools
- Channing Memorial Elementary Sch
- Ellis Middle School
- Elgin High School
Utilities
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $2,400
- Insurance Expense $3,900
- Water Sewer Expense $3,600
- Gross Income $63,600
- Net Operating Income $46,453
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2023
Closed on
Jun 26, 2023
Sold by
38 West Partners Llc
Bought by
Castaneda Pedro
Seller's Agent
Christopher Leon
eXp Realty
Buyer's Agent
Bertha Alvarado
A squared Realty LLC
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Views
332
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
$44,071
Avg. Annual Appreciation
4.45%
Original Mortgage
$292,500
Outstanding Balance
$285,522
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$148,549
Purchase Details
Closed on
Jun 4, 2021
Sold by
Jessen Mikyle
Bought by
38 West Partners Llc
Purchase Details
Listed on
Sep 26, 2019
Closed on
Jan 6, 2020
Sold by
Camic David E and David E Camic Declaration Of T
Bought by
Jessen Mikyle
Seller's Agent
Edward Hall
Baird & Warner
Buyer's Agent
Valentino Ranallo
CENTURY 21 New Heritage West
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$150,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2003
Sold by
Aguayo Kermit and Aguayo Lauren
Bought by
The David E Camic Declaration Of Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 14, 2000
Sold by
Whiting Gordon F and Whiting Amy J
Bought by
Aguayo Kermit K and Aguayo Lauren S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.87%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Castaneda Pedro | $390,000 | Fidelity National Title | |
| 38 West Partners Llc | -- | Attorney | |
| Jessen Mikyle | $200,000 | First American Title | |
| The David E Camic Declaration Of Trust | $255,000 | First American Title Ins Co | |
| Aguayo Kermit K | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Castaneda Pedro | $292,500 | |
| Previous Owner | Jessen Mikyle | $150,000 | |
| Previous Owner | The David E Camic Declaration Of Trust | $211,000 | |
| Previous Owner | Aguayo Kermit K | $148,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/12/2023 07/12/23 | Sold | $390,000 | -2.5% | -- | |
| 05/20/2023 05/20/23 | Pending | -- | -- | -- | |
| 03/31/2023 03/31/23 | For Sale | $399,900 | +100.0% | -- | |
| 01/07/2020 01/07/20 | Sold | $200,000 | -20.0% | -- | View Prior Sale |
| 11/13/2019 11/13/19 | Pending | -- | -- | -- | |
| 09/26/2019 09/26/19 | For Sale | $250,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,157 | $114,418 | $15,901 | $98,517 |
| 2023 | $8,812 | $103,368 | $14,365 | $89,003 |
| 2022 | $7,533 | $86,875 | $13,098 | $73,777 |
| 2021 | $7,246 | $81,222 | $12,246 | $68,976 |
| 2020 | $7,072 | $77,539 | $11,691 | $65,848 |
| 2019 | $6,898 | $73,860 | $11,136 | $62,724 |
| 2018 | $6,879 | $69,581 | $10,491 | $59,090 |
| 2017 | $6,766 | $65,779 | $9,918 | $55,861 |
| 2016 | $6,508 | $61,025 | $9,201 | $51,824 |
| 2015 | -- | $55,935 | $8,434 | $47,501 |
| 2014 | -- | $55,245 | $8,330 | $46,915 |
| 2013 | -- | $56,703 | $8,550 | $48,153 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Leon
-
Bertha Alvarado
Buyer's Agent in 2023
Bertha Alvarado
A squared Realty LLC
(847) 622-5115
2 in this area
57 Total Sales
-
Edward Hall
Seller's Agent in 2020
Edward Hall
Baird Warner
(630) 205-4700
234 Total Sales
-
D
Seller Co-Listing Agent in 2020
Diana Green
RE/MAX Town & Country
-
Valentino Ranallo
Buyer's Agent in 2020
Valentino Ranallo
CENTURY 21 New Heritage West
(224) 420-2588
1 in this area
61 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11745554
APN: 06-13-183-014
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 481 Division St
- 370 North St
- 117 Tennyson Ct
- 144 Hill Ave
- 453 Addison St
- 271 Dupage St
- 216 Prairie St
- 277 Gifford Place
- 217 Henry St
- 419 Fremont St
- 428 Fremont St
- 96 S Crystal St
- 764 Terrace Ct Unit A
- 409 Algona Ave
- 602 Prospect St
- 3 National St Unit 3
- 9 N Jackson St
- 457 Arlington Ave
- 309 Griswold St
- 603 Douglas Ave
- 408 E Chicago St Unit 10
- 400 E Chicago St
- 11 N Gifford St
- 416 E Chicago St
- 416 E Chicago St
- 401 E Chicago St
- 392 E Chicago St
- 423 E Chicago St Unit I
- 423 E Chicago St Unit 429
- 423 E Chicago St Unit 429
- 423 E Chicago St Unit 429
- 423 E Chicago St Unit 429
- 423 E Chicago St Unit 429
- 423 E Chicago St Unit 429
- 423 E Chicago St Unit 429
- 423 E Chicago St Unit 429
- 423 E Chicago St Unit 429
- 423 E Chicago St Unit F
- 423 E Chicago St Unit C
- 423 E Chicago St Unit N