NOT LISTED FOR SALE

Estimated Value: $404,962 - $427,000

6 Beds
4 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold July 30, 2024

Last sale price $385,000

Est. 9% increase in value since last sale

Current estimated payment $2,903/month

19 Days on Market

Highlights

  • Lower Floor Utility Room
  • Porch
  • Forced Air Heating System
  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more
  • 3-minute walk to Kiwanis Park

About This Home

As of July 2024

Property Id: 1566201

Spacious 1 bedroom 1 bathroom apartment with appliances included (refrigerator & stove)
Perfect for a couple or Single Person, located in Elgin. Close to Downtown Elgin & Grand Victoria Casino. Nearby pharmacy, grocery stores, and laundromat.
Utilities are not included.
Tenant is responsible for gas/heat, water/garbage & electricity.

No pets allowed, no smoking allowed.
Background check
No past evictions
No bankruptcies
Income verification
Credit score of 650 and above with good payment history
Security deposit $1,100
Rent $1,100
There are no exceptions on the requirements
Move in is October 1st, 2025
If you're looking to move in November this unit is for October month. Beginning of October or willing to work move in date for mid October.

Last Agent to Sell the Property

Natalie Kofie

RE/MAX All Pro - St Charles License #475204388 Listed on: 05/22/2024

RE/MAX All Pro - St Charles

Co-Listed By

Tim Sotis

RE/MAX All Pro License #471008033

Last Buyer's Agent

Roberto Morales-Corona

Coldwell Banker Realty License #475200501

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 1900 | Remodeled in 2022

Lot Details

  • 8,712 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Over 1 Space Per Unit
  • Garage ceiling height seven feet or more
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Floor Furnace
  • Electric Water Heater
  • Satellite Dish

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $39,840
  • Net Operating Income $33,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,600

Year Built

Built in 1900 | Remodeled in 2022

Lot Details

8,712 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: TV-Dish, CO Detectors, Ceiling Fan(s), Water Heater-Electric
  • Room Type: Utility Room-Lower Level
  • Basement Description: Partially Finished,Exterior Access,Storage Space
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Sidewalks, Streetlights
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame,Masonite

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Unassigned, Driveway, More Than 1 Spc/Unit
  • ParkingTotal: 8
  • Garage Details: 7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Electric, Forced Air, Floor Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 8712
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 33840
  • GrossIncome: 39840
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 6600
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 29, 2024
Sold by
Quinones Eric
Bought by
Arceof Felipe Mancera
Seller's Agent
Natalie Kofie
RE/MAX All Pro - St Charles
Buyer's Agent
Roberto Morales-Corona
Coldwell Banker Realty
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Views
15
Current Estimated Value
$418,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,241
Avg. Annual Appreciation
5.12%
Original Mortgage
$288,750
Outstanding Balance
$285,014
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$133,227

Purchase Details

Listed on
Oct 4, 2018
Closed on
Jun 4, 2019
Sold by
Perez Eugenio
Bought by
Quinones Eric
Seller's Agent
Grace Martinez
Exit Grace Realty
Buyer's Agent
Enrique Rios
Chicagoland Brokers Inc.
List Price
$259,900
Sold Price
$220,000
Premium/Discount to List
-$39,900
-15.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$216,015
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2014
Sold by
Perez Eugenio and Perez Aida M
Bought by
Perez Eugenio

Purchase Details

Closed on
May 25, 2004
Sold by
Vilemsons Modris and Vilemsons Alice
Bought by
Perez Eugenio and Perez Aida M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1999
Sold by
Vilemsons Alice and Vilemsons Karina
Bought by
Vilemsons Alice and Vilemsons Modris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.89%
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
Arceof Felipe Mancera $385,000 First American Title
Quinones Eric $220,000 Stewart Title
Perez Eugenio -- None Available
Perez Eugenio $225,000 Chicago Title Insurance Comp
Vilemsons Alice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arceof Felipe Mancera $288,750
Previous Owner Quinones Eric $216,015
Previous Owner Perez Eugenio $191,250
Previous Owner Vilemsons Alice $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2024 10/08/24 Off Market $1,150 -- --
10/01/2024 10/01/24 For Rent $1,100 -4.3% --
09/27/2024 09/27/24 Price Changed $1,150 0.0% --
07/30/2024 07/30/24 Sold $385,000 +1.3% --
06/11/2024 06/11/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $379,900 +72.7% --
06/11/2019 06/11/19 Sold $220,000 -8.3% -- View Prior Sale
04/25/2019 04/25/19 Pending -- -- --
04/18/2019 04/18/19 Price Changed $240,000 -2.0% --
03/07/2019 03/07/19 Price Changed $245,000 -2.0% --
11/30/2018 11/30/18 Price Changed $250,000 -3.8% --
10/04/2018 10/04/18 For Sale $259,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $8,021 $108,229 $14,199 $94,030
2023 $7,653 $97,777 $12,828 $84,949
2022 $6,600 $82,114 $11,697 $70,417
2021 $6,314 $76,771 $10,936 $65,835
2020 $6,137 $73,290 $10,440 $62,850
2019 $6,520 $69,814 $9,945 $59,869
2018 $6,502 $65,769 $9,369 $56,400
2017 $6,395 $62,175 $8,857 $53,318
2016 $5,512 $57,682 $8,217 $49,465
2015 -- $52,871 $7,532 $45,339
2014 -- $52,218 $7,439 $44,779
2013 -- $53,595 $7,635 $45,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12062866

Midwest Real Estate Data (MRED)

APN: 06-13-457-021

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