NOT LISTED FOR SALE

441 Addison St Elgin, IL 60120

Estimated Value: $309,000 - $416,000

5 Beds
5 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold December 17, 2020

Last sale price $310,000

Est. 20% increase in value since last sale

Current estimated payment $2,581/month

1 Day on Market

About This Home

As of December 2020

IDEAL INVESTMENT!! Amazing CASH FLOW opportunity. This charming multi-unit is located in the heart of the historic community. 4 individual apartments are already leased and set to go. Do not pass up a fantastic opportunity to expand your investment portfolio! Please give, at least, 24 hour advance. Proof of Funds or Pre-Approval must be sent to co-list Noel Walton to schedule appointment.

Last Agent to Sell the Property

Holly Connors

@properties Christie's International Real Estate License #475141644 Listed on: 11/04/2020

@properties Christie's International Real Estate

Co-Listed By

Noel Walton

HomeSmart Connect License #475170491

Last Buyer's Agent

Dean Tubekis

Coldwell Banker Realty License #475137834

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,539

Year Built

  • Built in 1900

Lot Details

  • 8,712

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 64x136
  • Forced Air Heating System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,539

Year Built

Built in 1900

Lot Details

0

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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 2

Exterior Features

  • List Price: 315000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 64X136
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 5538.62
  • Tax Year: 2019

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 15, 2020
Sold by
Schulz Thomas D and Umlauf Schulz Catherine
Bought by
Pfad Kristin and Wilson James P
Seller's Agent
Holly Connors
@properties Christie's International Real Estate
Buyer's Agent
Dean Tubekis
Coldwell Banker Realty
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$372,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,022
Avg. Annual Appreciation
3.31%
Original Mortgage
$217,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2007
Sold by
Us Bank Na
Bought by
Schulz Thomas D and Umlauf Schulz Catherine A

Purchase Details

Closed on
Jun 8, 2007
Sold by
Bourgeois Antonia
Bought by
Us Bank Na and Mlmi Surf Trust Series 2006-Bc2

Purchase Details

Closed on
Nov 30, 1999
Sold by
Rodriguez Jose L
Bought by
Bourgeois Ordner J and Arreguin Bourgeois Antonia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,870
Interest Rate
7.97%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Pfad Kristin $310,000 First American Title
Schulz Thomas D $182,000 Ticor Title Insurance Co
Us Bank Na -- Ticor Title Insurance Co
Bourgeois Ordner J $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pfad Kristin $217,000
Previous Owner Bourgeois Ordner J $153,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $310,000 -1.6% --
11/05/2020 11/05/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $315,000 -- --
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 $7,308 $91,322 $18,185 $73,137
2023 $7,033 $82,503 $16,429 $66,074
2022 $6,048 $69,751 $14,980 $54,771
2021 $5,818 $65,212 $14,005 $51,207
2020 $5,678 $62,255 $13,370 $48,885
2019 $5,539 $59,302 $12,736 $46,566
2018 $5,523 $55,866 $11,998 $43,868
2017 $5,432 $52,813 $11,342 $41,471
2016 $5,225 $48,996 $10,522 $38,474
2015 -- $44,909 $9,644 $35,265
2014 -- $44,355 $9,525 $34,830
2013 -- $45,525 $9,776 $35,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10809465

Midwest Real Estate Data (MRED)

APN: 06-13-133-015