$96,000
SOLD APR 9, 2021

423 E Chicago St Unit F Elgin, IL 60120

Gifford Park Neighborhood
3 Beds
1 Bath
801 Sq Ft
$205/mo HOA Fee

Recently Sold

$120 Per Sq Ft

6% Below List Price

69 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Balcony
  • Updated Kitchen
  • Granite Countertops
  • 4-minute walk to Channing Park

About This Home

As of December 2024

FANTASTIC, CONDO UNIT CLOSE TO DOWNTOWN ELGIN!! Great price for this 3 BR, 1 Bath unit! Convenient location, walking distance to shops, restaurants, public transportation and everything downtown Elgin has to offer! Can be a great home or used as an income property for investors! Nicely updated kitchen with granite countertops! Hardwood throughout the bedrooms and living room! Bright natural lighting pours in the living room through the big picture window! Generously sized, shared balcony off the back of the unit provides an outdoor space and is perfect for relaxing on summer nights! Includes 1 off street assigned parking space in the parking lot. Hurry and schedule your showing today! Don't forget to check out the 3D tour of this fantastic property! BRAND NEW FURNACE!!

Last Agent to Sell the Property

Matt Lysien

Suburban Life Realty, Ltd License #471003181 Listed on: 01/07/2021

Last Buyer's Agent

Jason Jones

HomeSmart Connect LLC License #475191896

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,387

Year Built

  • 1900

HOA Fees

  • $205 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Built-In Features
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Parking Available
  • Shared Driveway
  • Parking Lot
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Location

  • Property is near a bus stop
  • The property is located in a historic district

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,387

Year Built

1900

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access, Historical District
  • Unit Floor Level: 3
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1900
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1900

Interior Features

  • Interior Property Features: Hardwood Floors, Built-in Features
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: CO Detectors, Ceiling Fan
  • Basement: Full
  • Basement: Unfinished, Storage Space
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Granite Counters, Updated Kitchen
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 14X7, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 801

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Parking Lot
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt, Shared
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit), Other
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Parking, Common Insurance, Lawn Care, Snow Removal
  • Special Assessments: Y
  • Assessed Sq Ft: 801
  • Assessment Association Fees: 205
  • Management Contact Name: Rodrigo Avelar, President
  • Management Phone: 630-340-8951

Fee Information

  • Management Company: Self Managed

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0613327025

Multi Family

  • Total Number Unitsin Building: 14
  • Number Stories: 4

Tax Info

  • Taxes: 1096.76

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%
Views
152
Current Estimated Value
$105,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,759
Avg. Annual Appreciation
7.67%

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
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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
2024 $1,387 $25,334 $6,690 $18,644
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: MRD10965996

Midwest Real Estate Data (MRED)

APN: 06-13-327-025