416 E Chicago St Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $350,000 - $429,000
4
Beds
2.5
Baths
3,156
Sq Ft
$126/Sq Ft
Est. Value
Highlights
- Second Garage
- Fireplace in Primary Bedroom
- Heated Sun or Florida Room
- Heated Floors
- Deck
- 4-minute walk to Channing Park
About This Home
As of September 2021Big, Big, Big, Big BIG - At over 3,000 sq.ft this is one of the biggest houses in the Elgin Historic District, and it is a beauty, both inside and out. BIG - Perfect for a big family that needs four+ bedrooms / two full, one half bathrooms. There is a large living room with a fireplace, a large dining room with a built-in cabinet and beamed ceiling, a large family room with a fireplace, plus two sunrooms, an office space, a full bath on the first floor, and a modern kitchen. BIG - More than an acre of land, yet located right in the middle of the Elgin Historic District neighborhood. The yard space includes a separate buildable lot that has its own 2-car garage. Privacy wood fencing is located in the side and rear yard. BIG- The 1,036-sq.ft. carriage house is beautiful and has room for three cars, with lots of workspaces. The second level has two finished rooms and a large space ready to finish. Plumbing and radiators are present in the carriage house and have the potential to be connected if heating is desired. This house has been well-maintained over the 30 years that the current owners have cared for it. The interior has been restored and has original trim, stained glass, 9' ceilings, pocket doors, original door hardware, french doors, plantation blinds, drop-down windows in the sunroom, and other great original details. The exterior wood and paint are in great shape. Lots of mature trees and a big setback from the street provide more privacy and serenity than you might expect. There are two access points to the property. One is the long driveway off of Chicago Street, and the other is from the back alley. The basement has a wine cellar, exercise room and workshop. Located only four blocks from downtown, it is a dream location, perfect for walkers and cyclists to get to everything within minutes. Welcome to a charming neighborhood.
Last Agent to Sell the Property
Real People Realty License #475169028 Listed on: 06/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,901
Year Built
- Built in 1900 | Remodeled in 2010
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 219x221
- Fenced Yard
- Wood Fence
- Additional Parcels
Parking
- 3 Car Detached Garage
- Second Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Stone Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 3,156 Sq Ft Home
- 2-Story Property
- Bookcases
- Historic or Period Millwork
- Beamed Ceilings
- Ceiling height of 9 feet or more
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Plantation Shutters
- Blinds
- Stained Glass
- Wood Frame Window
- Window Screens
- Pocket Doors
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Workshop
- Heated Sun or Florida Room
- Sun or Florida Room
- Home Gym
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Partially Carpeted
- Heated Floors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Fireplace in Primary Bedroom
- Bathroom on Main Level
Laundry
- Laundry in unit
- Sink Near Laundry
- Gas Dryer Hookup
Home Security
- Storm Screens
- Storm Doors
Accessible Home Design
- Halls are 42 inches wide
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Channing Memorial Elementary Sch
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2021
Closed on
Aug 30, 2021
Sold by
Kuester Paul L and Kuester Susan J
Bought by
Stein Andrew and Stein Sarah
Seller's Agent
Paul Bednar
Real People Realty
Buyer's Agent
Teresa Stultz
Premier Living Properties
List Price
$399,900
Sold Price
$399,900
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
-$2,032
Avg. Annual Appreciation
-0.13%
Original Mortgage
$379,905
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2019
Sold by
Kuester Paul L and Kuester Susan J
Bought by
Kuester Paul L and Kuester Susan J
Similar Homes in Elgin, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stein Andrew | $400,000 | First American Title | |
| Kuester Paul L | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stein Andrew | $379,905 | |
| Previous Owner | Kuester Paul L | $200,000 | |
| Previous Owner | Kuester Paul L | $100,000 | |
| Previous Owner | Kuester Paul L | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2021 09/01/21 | Sold | $399,900 | 0.0% | $127 / Sq Ft |
| 06/29/2021 06/29/21 | Pending | -- | -- | -- |
| 06/28/2021 06/28/21 | Pending | -- | -- | -- |
| 06/23/2021 06/23/21 | For Sale | $399,900 | -- | $127 / Sq Ft |
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 |
|---|---|---|---|---|
| 2023 | $8,966 | $113,175 | $20,801 | $92,374 |
| 2022 | $8,428 | $103,196 | $18,967 | $84,229 |
| 2021 | $8,072 | $96,481 | $17,733 | $78,748 |
| 2020 | $7,527 | $88,526 | $16,929 | $71,597 |
| 2019 | $7,316 | $84,327 | $16,126 | $68,201 |
| 2018 | $6,548 | $72,228 | $15,192 | $57,036 |
| 2017 | $6,406 | $68,281 | $14,362 | $53,919 |
| 2016 | $6,116 | $63,346 | $13,324 | $50,022 |
| 2015 | -- | $58,063 | $12,213 | $45,850 |
| 2014 | -- | $57,346 | $12,062 | $45,284 |
| 2013 | -- | $58,858 | $12,380 | $46,478 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Bednar
Seller's Agent in 2021
Paul Bednar
Real People Realty
(847) 987-7526
17 in this area
61 Total Sales
-
Teresa Stultz
Buyer's Agent in 2021
Teresa Stultz
Premier Living Properties
(630) 205-5568
3 in this area
395 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11133422
APN: 06-13-183-030
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