NOT LISTED FOR SALE

Estimated Value: $253,000 - $298,000

1 Bed
1 Bath
700 Sq Ft
$396/Sq Ft Est. Value

Highlights

  • Fenced Yard
  • Laundry Room
  • Dining Room
  • Living Room
  • Forced Air Heating System
  • Family Room

About This Home

As of August 2023

Nice, clean and spacious 1 bedroom apartment on the 2nd floor of a very nice brick home, minutes away from downtown Elgin and train station. You will be surprise on how spacious the bedroom is and includes a nice-sized closet. Kitchen is long and spacious. Ample back yard is free to use and enjoy as long as 1st floor tenant agrees. Landlord takes good care of building. NO PETS, NO SMOKING.

Last Agent to Rent the Property

Sergio Lara

Real Broker, LLC License #475138247 Listed on: 08/20/2023

Last Renter's Agent

Kelly Quentin

Home Sweet Home Ryan Realty LLC License #475184582

Property Details

Home Type

  • Multi-Family

Year Built

  • 1923

Lot Details

  • Lot Dimensions are 132 x 50
  • Fenced Yard

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Range
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

  • Washington Elementary School
  • Abbott Middle School
  • Larkin High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $1,470
  • Property Available on 9/1/23
  • Rent includes heat, water
  • 12 Month Lease Term

Community Details

Overview

  • 2 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

1923

Lot Details

0

Rental Info

  • Available Date: 2023-09-01
  • Lease Term: 12 Months
  • Board Approval: No
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 980
  • Security Deposit: 1470

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Flat
  • Property Sub-Type: Attached
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built (Public Record): 1923

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • LivingArea: 700
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Heat, Water

Schools

  • Elementary School: Washington Elementary School
  • High School: Larkin High School
  • Middle/Junior School: Abbott Middle School

Lot Info

  • Lot Dimensions: 132 X 50

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2006
Sold by
Tilindis Olga
Bought by
Gonzalez Gricel
Current Estimated Value
$279,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$94,645
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,784
Source: Public Records
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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
Gonzalez Gricel $214,000 Atg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Gricel $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2023 08/29/23 Rented $980 0.0% --
08/20/2023 08/20/23 For Rent $980 +22.5% --
07/04/2021 07/04/21 Rented -- -- --
06/07/2021 06/07/21 For Rent $800 +3.2% --
09/15/2019 09/15/19 Rented $775 0.0% --
07/11/2019 07/11/19 For Rent $775 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,852 $68,624 $14,313 $54,311
2023 $4,603 $61,997 $12,931 $49,066
2022 $4,029 $52,464 $11,791 $40,673
2021 $3,841 $49,050 $11,024 $38,026
2020 $3,723 $46,826 $10,524 $36,302
2019 $3,606 $44,605 $10,025 $34,580
2018 $3,561 $42,021 $9,444 $32,577
2017 $3,469 $39,725 $8,928 $30,797
2016 $3,291 $36,854 $8,283 $28,571
2015 -- $33,780 $7,592 $26,188
2014 -- $33,363 $7,498 $25,865
2013 -- $34,243 $7,696 $26,547
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11864471

Midwest Real Estate Data (MRED)

APN: 06-14-407-025