Seller's Agent in 2025
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
(224) 239-3966
25 in this area
2,731 Total Sales
41W625 U S 20 Hampshire, IL 60140
Far West Elgin Neighborhood
3
Beds
2
Baths
1,627
Sq Ft
21.16
Acres
Highlights
- Additional Residence on Property
- 21.16 Acre Lot
- Ranch Style House
- Howard B. Thomas Grade School Rated 9+
- Wooded Lot
- Corner Lot
About This Home
As of October 2025Don't miss this rare income producing property! Two single family ranch homes, two outbuildings, and a farmhouse on over 20 acres!!! Great location with frontage on US-20 and Marshall Road. So many possibilities! The primary home is a 1627 sqft ranch home, beautifully updated with a modern farmhouse style, featuring 3 beds, 2 baths, and an attached two-car garage. The second home is a 1515 sqft 3 bed / 1bath ranch, also including a two-car garage. The third home is an old 1.5 story farmhouse, which would be a great rehab project. Huge 115x44 pole building can be used to suit your needs. Calling all mechanics, car enthusiasts, wood workers, and collectors! There is another outbuilding/garage on the property as well. 10 acres of the land is farmland, some of which is rented out to a local farmer. Live in one home, and rent the other out. Could also be perfect for an in-law situation. Ideal for anyone running a home business also! Let the income generated pay your mortgage! Incredible once-in-a-lifetime chance!
Last Agent to Sell the Property
Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 07/29/2025
Last Buyer's Agent
Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 07/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,149
Year Built
- Built in 1953
Lot Details
- 21.16 Acre Lot
- Lot Dimensions are 555x773x936x1039x484
- Corner Lot
- Paved or Partially Paved Lot
- Wooded Lot
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,627 Sq Ft Home
- Ceiling Fan
- Family Room
- Living Room
- Formal Dining Room
- Vinyl Flooring
- Carbon Monoxide Detectors
Kitchen
- Range
- Microwave
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Partial Basement
- Sump Pump
Outdoor Features
- Patio
- Outbuilding
- Porch
Additional Homes
- Additional Residence on Property
Schools
- Howard B Thomas Grade Elementary School
- Central Middle School
- Central High School
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Well
- Water Softener is Owned
- Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 13, 2022
Sold by
Edward L Wesemann Declaration Of Trust
Bought by
Jmb Farms Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$704,371
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$110,572
Purchase Details
Closed on
May 16, 2008
Sold by
Wesemann Edward L and Wesemann Margaret H
Bought by
Wesemann Edward L and Wesemann Margaret H
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $950,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $760,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2025 10/23/25 | Sold | $1,000,000 | -22.5% | $615 / Sq Ft |
| 09/09/2025 09/09/25 | Pending | -- | -- | -- |
| 07/29/2025 07/29/25 | For Sale | $1,290,000 | 0.0% | $793 / Sq Ft |
| 05/14/2020 05/14/20 | Rented | $1,400 | -9.7% | -- |
| 03/25/2020 03/25/20 | Under Contract | -- | -- | -- |
| 01/24/2020 01/24/20 | For Rent | $1,550 | -- | -- |
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 | $5,875 | $75,367 | $20,267 | $55,100 |
| 2023 | $5,456 | $65,456 | $18,333 | $47,123 |
| 2022 | $5,537 | $64,335 | $17,798 | $46,537 |
| 2021 | $5,314 | $60,012 | $17,194 | $42,818 |
| 2020 | $5,299 | $58,934 | $16,885 | $42,049 |
| 2019 | $5,300 | $58,172 | $16,667 | $41,505 |
| 2018 | $5,222 | $57,591 | $17,100 | $40,491 |
| 2017 | $5,162 | $56,293 | $16,783 | $39,510 |
| 2016 | $5,477 | $54,958 | $16,385 | $38,573 |
| 2015 | -- | $53,792 | $16,385 | $37,407 |
| 2014 | -- | $53,792 | $16,385 | $37,407 |
| 2013 | -- | $54,711 | $16,665 | $38,046 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Leonard
-
Cameron Baum
C
Buyer Co-Listing Agent in 2025
Cameron Baum
Legacy Properties
(847) 913-2685
2 in this area
22 Total Sales
-
Christine Klein
Seller's Agent in 2020
Christine Klein
CENTURY 21 New Heritage
(847) 489-2370
1 in this area
65 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12432411
APN: 05-03-300-003
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