NOT LISTED FOR SALE

Estimated Value: $619,638

6 Beds
5 Baths
-- Sq Ft
7,971 Sq Ft Lot Lot

Sale Details

Date Sold: September 12, 2024

Last sale price $600,000

Est. 3% increase in value since last sale

Current estimated payment $4,197 / mo

7 Days on Market

About This Home

As of September 2024

Welcome to 443 Jefferson Avenue! Nestled in the Historical & Culturally rich village of Elgin, IL, this Multi-Unit gem comprises of 4 Spacious units consisting of One Oversized 2-bedroom/2-bathroom unit, One Oversized 2-bedroom/1-bathroom unit & Two 1-bedroom/1-bathroom units that are all tastefully updated & well maintained. All units are lined with Gorgeous Hardwood or Bamboo floors & kitchens are lined with Granite Countertops. The Two 2-bedroom units have separate HVAC for heating & cooling along with separate Gas & Electric meters. The Two One-bedroom units are heated by Electric baseboard heating which makes this building a very Cash Flow efficient. Regarding the exterior, the Roof is in great shape having been replaced 8 years ago. All windows were fully replaced less than 5 years ago. This property also boasts 6 parking spots in the back parking lot. The site does have laundry hook up for public laundry in the basement. This listing presents a rare opportunity to invest in a well maintained building in the heart of Elgin, IL.

Last Agent to Sell the Property

Phu Nguyen

Citypoint Illinois LLC License #471022579 Listed on: 07/24/2024

Last Buyer's Agent

Rafael Villagomez

Epic Real Estate Group License #471022231

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,742

Year Built

  • Built in 1970

Lot Details

  • 7,971

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,742

Year Built

Built in 1970

Lot Details

7,971 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiant
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 10250
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9742.16
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 10, 2024
Sold by
Amarathithada Kitt and Amarathithada Chanthavong
Bought by
Levo Group Llc
Seller's Agent
Phu Nguyen
Citypoint Illinois LLC
Buyer's Agent
Rafael Villagomez
Epic Real Estate Group
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Views
27
Current Estimated Value
$619,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,638
Avg. Annual Appreciation
1.91%
Original Mortgage
$840,000
Outstanding Balance
$829,456
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
-$209,818
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Levo Group Llc $600,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Levo Group Llc $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $600,000 -4.0% --
08/02/2024 08/02/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $625,000 -- --
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 $10,124 $126,501 $19,528 $106,973
2023 $9,742 $114,284 $17,642 $96,642
2022 $9,036 $104,207 $16,086 $88,121
2021 $8,692 $97,426 $15,039 $82,387
2020 $8,483 $93,008 $14,357 $78,651
2019 $8,275 $88,596 $13,676 $74,920
2018 $8,252 $83,463 $12,884 $70,579
2017 $8,633 $83,938 $12,957 $70,981
2016 $8,305 $77,872 $12,021 $65,851
2015 -- $71,376 $11,018 $60,358
2014 -- $70,495 $10,882 $59,613
2013 -- $72,354 $11,169 $61,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12121219

Midwest Real Estate Data (MRED)

APN: 06-12-451-026

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