$100,000
SOLD DEC 9, 2024

423 E Chicago St Unit F Elgin, IL 60120

Gifford Park Neighborhood
3 Beds
1 Bath
801 Sq Ft
$225/mo HOA Fee

Recently Sold

$125 Per Sq Ft

19% Below List Price

25 Days on Market

Highlights

  • Wood Flooring
  • Built-In Features
  • Laundry Room
  • Balcony
  • Living Room
  • 4-minute walk to Channing Park

About This Home

As of December 2024

Spacious 3 bedroom, 1 bathroom condo near downtown Elgin! Rent friendly no limits! Cash or commercial loans only, please. Building's HOA is self-managed. Very investor friendly! Unit needs minor TLC.

Last Agent to Sell the Property

Rich Wolnik

Jason Mitchell Real Estate IL License #475164160 Listed on: 10/14/2024

Jason Mitchell Real Estate IL

Co-Listed By

Adrian Punzalan

Real 1 Realty License #475209690

Last Buyer's Agent

Juan Navarro

American International Realty Corp. License #475194652

American International Realty Corp.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1900

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 801 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Lot
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

  • Channing Memorial Elementary Sch
  • Ellis Middle School
  • Elgin High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, parking, insurance, lawn care, snow removal
  • 14 Units
  • Revathi Association, Phone Number (630) 945-6378

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,269

Year Built

Built in 1900

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Built-in Features
  • LivingArea: 801
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 100000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • ParkingTotal: 1
  • Driveway: Asphalt,Shared
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1, Other
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Revathi
  • Management Phone: 630-945-6378
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Lawn Care, Snow Removal

Schools

  • Elementary School: Channing Memorial Elementary Sch
  • High School: Elgin High School
  • Middle/Junior School: Ellis Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1269.06
  • Tax Year: 2023

Multi Family

  • Units in Building: 14

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
Rosales Ernesto
Seller's Agent
Rich Wolnik
Jason Mitchell Real Estate IL
Buyer's Agent
Juan Navarro
American International Realty Corp.
List Price
$124,000
Sold Price
$100,000
Premium/Discount to List
-$24,000
-19.35%
Total Days on Market
25
Views
152
Current Estimated Value
$103,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,584
Avg. Annual Appreciation
7.30%

Purchase Details

Listed on
Apr 11, 2021
Closed on
Apr 9, 2021
Sold by
Roys Cary E
Bought by
Srinivasan Revathi
Seller's Agent
Iven Kiser
Kale Realty
Buyer's Agent
Iven Kiser
Kale Realty
Sold Price
$1,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%

Purchase Details

Closed on
Aug 29, 2007
Sold by
Pros Miles and Pros Kimberly A
Bought by
Roys Cary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2005
Sold by
Wp Condominiums Inc
Bought by
Pros Miles and Pros Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,105
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 None Listed On Document
Warranty Deed $96,000 First American Title
Warranty Deed $121,500 Attorneys Title Guaranty Fun
Warranty Deed $116,000 Alliance Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,150 New Conventional
Previous Owner $97,200 Purchase Money Mortgage
Previous Owner $110,105 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $100,000 0.0% $125 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/30/2024 10/30/24 Price Changed $100,000 -19.4% $125 / Sq Ft
10/14/2024 10/14/24 For Sale $124,000 0.0% $155 / Sq Ft
05/02/2021 05/02/21 Rented $1,300 0.0% --
04/22/2021 04/22/21 Price Changed $1,300 -7.1% $2 / Sq Ft
04/16/2021 04/16/21 Price Changed $1,400 -6.7% $2 / Sq Ft
04/11/2021 04/11/21 For Rent $1,500 0.0% --
04/09/2021 04/09/21 Sold $96,000 -5.9% $120 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $102,000 0.0% $127 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $102,000 -- $127 / Sq Ft
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
2023 $1,269 $22,887 $6,044 $16,843
2022 $1,289 $20,869 $5,511 $15,358
2021 $1,205 $19,511 $5,152 $14,359
2020 $1,152 $18,626 $4,918 $13,708
2019 $1,097 $17,743 $4,685 $13,058
2018 $1,059 $16,715 $4,414 $12,301
2017 $1,008 $15,802 $4,173 $11,629
2016 $924 $14,660 $3,871 $10,789
2015 -- $13,437 $3,548 $9,889
2014 -- $13,271 $3,504 $9,767
2013 -- $13,621 $3,596 $10,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12188443

Midwest Real Estate Data (MRED)

APN: 06-13-327-025