Seller's Agent in 2024
Rich Wolnik
Jason Mitchell Real Estate IL
(847) 409-0222
2 in this area
36 Total Sales
423 E Chicago St Unit B Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $88,000 - $109,000
2
Beds
1
Bath
651
Sq Ft
$225/mo
HOA Fee
Highlights
- Main Floor Bedroom
- Living Room
- Forced Air Heating System
- McDade Elementary Classical School Rated 10
- Laundry Room
- 4-minute walk to Channing Park
About This Home
As of December 2024INVESTORS, 9.85% CAP HERE, TENANT ALREADY IN PLACE UNTIL MARCH 2025 AT $1,400/MO! RARELY AVAILABLE 1ST-FLOOR CONDO WITH NO STAIRS, FRESHLY PAINTED AND MOVE-IN READY! THIS CHARMING 2-BEDROOM UNIT IS A CASH COW. THE UPDATED KITCHEN AND BATHROOM IS A NICE TOUCH, OFFERING MODERN CABINETS, COUNTERTOPS, AND FLOORING. ALL NEWER APPLIANCES ARE INCLUDED. SITUATED IN THE HEART OF DOWNTOWN ELGIN, YOU'LL ENJOY FANTASTIC RESTAURANTS AND SHOPPING OPTIONS JUST STEPS AWAY. CASH OR COMMERCIAL LOAN ONLY, BUILDING'S HOA IS SELF-MANAGED.
Last Agent to Sell the Property
Jason Mitchell Real Estate IL License #475164160 Listed on: 10/14/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,776
Year Renovated
- 2017
HOA Fees
- $225 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 4-Story Property
- Window Treatments
- Family Room
- Living Room
- Dining Room
- Laminate Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger
- 14 Units
- Oor Association
- Condo
Amenities
- Laundry Facilities
Pet Policy
- Limit on the number of pets
- Pet Size Limit
- Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2024
Closed on
Nov 15, 2024
Sold by
Srinivasan Revathi
Bought by
Velasquez Ana L
Seller's Agent
Rich Wolnik
Jason Mitchell Real Estate IL
Buyer's Agent
Juan Navarro
American International Realty Corp.
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%
Views
118
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
$14,251
Avg. Annual Appreciation
16.07%
Purchase Details
Listed on
Apr 11, 2021
Closed on
Apr 7, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Srinivasan Revathi
Seller's Agent
Iven Kiser
Kale Realty
Buyer's Agent
Iven Kiser
Kale Realty
Sold Price
$1,200
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.71%
Purchase Details
Closed on
Mar 10, 2010
Sold by
Koprivec Zlatko
Bought by
Chicago Title Land Trust Company and Trust #8002354444
Purchase Details
Closed on
Feb 10, 2010
Sold by
Fannie Mae
Bought by
Koprivec Zlatko
Purchase Details
Closed on
Jul 20, 2009
Sold by
Avila Jorge
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 14, 2006
Sold by
Wp Condominiums Inc
Bought by
Avila Jorge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.25%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Velasquez Ana L | $85,000 | None Listed On Document | |
| Srinivasan Revathi | $94,000 | Fidelity National Title | |
| Chicago Title Land Trust Company | -- | None Available | |
| Koprivec Zlatko | $22,000 | Attorneys Title Guaranty Fun | |
| Federal National Mortgage Association | -- | None Available | |
| Avila Jorge | $125,000 | Alliance Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Avila Jorge | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2024 12/09/24 | Sold | $85,000 | -15.0% | $131 / Sq Ft | |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- | |
| 10/30/2024 10/30/24 | Price Changed | $100,000 | -20.0% | $154 / Sq Ft | |
| 10/14/2024 10/14/24 | For Sale | $125,000 | 0.0% | $192 / Sq Ft | |
| 05/01/2021 05/01/21 | Rented | $1,200 | 0.0% | -- | |
| 04/19/2021 04/19/21 | Under Contract | -- | -- | -- | |
| 04/11/2021 04/11/21 | For Rent | $1,200 | 0.0% | -- | |
| 04/09/2021 04/09/21 | Sold | $94,000 | -9.6% | $144 / Sq Ft | View Prior Sale |
| 03/19/2021 03/19/21 | Pending | -- | -- | -- | |
| 03/17/2021 03/17/21 | For Sale | $104,000 | +10.6% | $160 / Sq Ft | |
| 03/14/2021 03/14/21 | Off Market | $94,000 | -- | -- | |
| 02/18/2021 02/18/21 | Price Changed | $104,000 | -4.6% | $160 / Sq Ft | |
| 02/09/2021 02/09/21 | For Sale | $109,000 | -- | $167 / 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 |
|---|---|---|---|---|
| 2024 | $1,846 | $23,062 | $6,690 | $16,372 |
| 2023 | $1,776 | $20,835 | $6,044 | $14,791 |
| 2022 | $1,647 | $18,998 | $5,511 | $13,487 |
| 2021 | $1,585 | $17,761 | $5,152 | $12,609 |
| 2020 | $1,546 | $16,955 | $4,918 | $12,037 |
| 2019 | $1,508 | $16,151 | $4,685 | $11,466 |
| 2018 | $1,504 | $15,216 | $4,414 | $10,802 |
| 2017 | $1,480 | $14,385 | $4,173 | $10,212 |
| 2016 | $1,423 | $13,345 | $3,871 | $9,474 |
| 2015 | -- | $12,232 | $3,548 | $8,684 |
| 2014 | -- | $12,081 | $3,504 | $8,577 |
| 2013 | -- | $12,399 | $3,596 | $8,803 |
Source: Public Records
Agents Affiliated with this Home
-
Rich Wolnik
-
Adrian Punzalan
Seller Co-Listing Agent in 2024
Adrian Punzalan
Real People Realty
(224) 262-8868
2 in this area
26 Total Sales
-
Juan Navarro
J
Buyer's Agent in 2024
Juan Navarro
American International Realty Corp.
(224) 877-1124
2 in this area
9 Total Sales
-
Dominic Levita
Seller's Agent in 2021
Dominic Levita
Providence Residential Brokerage LLC
(847) 452-8992
1 in this area
108 Total Sales
-
Iven Kiser
Seller's Agent in 2021
Iven Kiser
Kale Realty
(312) 543-3817
4 Total Sales
-
Jason Jones
Buyer's Agent in 2021
Jason Jones
Real 1 Realty
(773) 807-0197
2 in this area
74 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12188448
APN: 06-13-327-021
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