NOT LISTED FOR SALE

Estimated Value: $314,000 - $438,000

5 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold December 30, 2021

Last sale price $353,000

Est. 12% increase in value since last sale

Current estimated payment $2,583/month

7 Days on Market

Highlights

  • Landscaped Professionally
  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Deck
  • Gazebo
  • Porch

About This Home

As of December 2021

One of the best 2 unit properties in ELGIN! Completely rehabbed from top to bottom in 2015! Both units were transformed in to a profitable and easy investment opportunity and /or Multi Generational Living! IN 2019 the Roof and Gutters were Replaced and the Skylights in 2nd floor Apartment! Hardwood flooring in both units, updated cabinetry, Granite Countertops and newer kitchen appliances(Lower Apartment new SS Refrigerator and Dishwasher in 2021), phenomenal lighting, laundry hook up in 2nd floor with washer and dryer! 1st Floor Washer and Dryer in Basement! New Sump Pump in 2021. Upper unit has a beautiful master suite with vaulted ceiling, multi port shower system and custom tile. Upper deck with sheltered gazebo is perfect for parties or outside activities. Newer central air, newer gas/forced air heat, water heater, etc. Plus- parking is easy with the 2 car garage and ample driveway and street parking. Home has 3 beds 2 full baths at lower unit and upper unit has 2 beds and 2 full baths! Nice Yard for tenants to Enjoy! Fabulous location w/easy access to Lake Street Extension, and Minutes to I-90! Quiet street yet walking distance to Train and Casino! A fantastic Property!

Last Agent to Sell the Property

Edward Hall

Baird & Warner License #471008452 Listed on: 11/23/2021

Baird & Warner

Last Buyer's Agent

Tamara O'Connor

Premier Living Properties License #475110537

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,302

Year Built

  • Built in 1920 | Remodeled in 2015

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 53x132
  • Landscaped Professionally

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,302

Year Built

Built in 1920 | Remodeled in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1920
  • 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: 2015
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Room Type: Kitchen, Foyer
  • Basement Description: Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Cathedral Ceilings,Hardwood Floors,Skylights/Windows,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Cathedral Ceilings,Hardwood Floors,Skylights/Windows,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch, Storms/Screens
  • Foundation Details: Block, Stone
  • Lot Features: Landscaped
  • OtherStructures: Gazebo
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 5
  • 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: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 53X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5301.94
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Jan 4, 2022
Sold by
Baranowski Steve and Agresti Larue
Bought by
Martinez Torres Vanessa Martina
Seller's Agent
Edward Hall
Baird & Warner
Buyer's Agent
Tamara O'Connor
Premier Living Properties
Sold Price
$353,000
Current Estimated Value
$395,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,337
Avg. Annual Appreciation
2.86%
Original Mortgage
$346,606
Outstanding Balance
$319,441
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$75,896

Purchase Details

Listed on
Oct 9, 2015
Closed on
Oct 27, 2015
Sold by
Hitchinson Amy
Bought by
Baranowski Steve and Agresti Larue
Seller's Agent
William Brooks
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Edward Hall
Baird & Warner
List Price
$204,000
Sold Price
$204,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%

Purchase Details

Listed on
Nov 20, 2014
Closed on
Jan 9, 2015
Sold by
Citimortgage Inc
Bought by
Hitchinson Amy
Seller's Agent
Joseph Mueller
Tanis Group Realty
Buyer's Agent
Joan Couris
Keller Williams Thrive
List Price
$88,900
Sold Price
$80,000
Premium/Discount to List
-$8,900
-10.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
248.38%

Purchase Details

Closed on
Jun 23, 2014
Sold by
Irigoyen Arturo and Garcia Maria
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 11, 2008
Sold by
Garcia Maria G
Bought by
Garcia Maria G and Irigoyen Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 24, 2005
Sold by
Flores Maria Rocio
Bought by
Garcia Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2003
Sold by
Andrade Alejandro
Bought by
Flores Marie Rocio

Purchase Details

Closed on
Mar 1, 1996
Sold by
Union National Bk & Tr Company Of Elgin
Bought by
Andrade Alejandro and Flores Maria Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,736
Interest Rate
7.06%
Mortgage Type
FHA
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
Martinez Torres Vanessa Martina $353,000 None Available
Baranowski Steve $204,000 Chicago Title Insurance Co
Hitchinson Amy $60,000 None Available
Citimortgage Inc -- None Available
Garcia Maria G -- Greater Illinois Title Co
Garcia Maria G $188,000 Title Company Of America
Flores Marie Rocio -- Chicago Title Insurance Co
Andrade Alejandro $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Torres Vanessa Martina $346,606
Previous Owner Garcia Maria G $194,000
Previous Owner Garcia Maria G $188,000
Previous Owner Andrade Alejandro $110,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $353,000 +0.9% --
12/01/2021 12/01/21 Pending -- -- --
11/30/2021 11/30/21 For Sale -- -- --
11/27/2021 11/27/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $349,900 +71.5% --
10/28/2015 10/28/15 Sold $204,000 0.0% -- View Prior Sale
10/12/2015 10/12/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $204,000 +155.0% --
01/29/2015 01/29/15 Sold $80,000 -10.0% -- View Prior Sale
01/13/2015 01/13/15 Pending -- -- --
12/31/2014 12/31/14 For Sale $88,900 0.0% --
12/08/2014 12/08/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $88,900 -- --
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 $6,218 $85,700 $12,722 $72,978
2023 $5,918 $77,423 $11,493 $65,930
2022 $5,648 $65,132 $10,480 $54,652
2021 $5,433 $60,894 $9,798 $51,096
2020 $5,302 $58,133 $9,354 $48,779
2019 $5,172 $55,375 $8,910 $46,465
2018 $5,158 $52,167 $8,394 $43,773
2017 $5,072 $49,316 $7,935 $41,381
2016 $4,880 $45,752 $7,362 $38,390
2015 -- $41,936 $6,748 $35,188
2014 -- $41,419 $6,665 $34,754
2013 -- $42,512 $6,841 $35,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11275869

Midwest Real Estate Data (MRED)

APN: 06-24-156-016