NOT LISTED FOR SALE

455 S State St Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $265,000 - $364,453

3 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: June 26, 2023

Last sale price $313,000

Est. 3% decrease in value since last sale

Current estimated payment $1,946 / mo

13 Days on Market

Highlights

  • Deck
  • 4 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Farmhouse Style Home
  • Porch
  • 4-minute walk to Ryerson Park

About This Home

As of June 2023

Well maintained 2 unit building with separate gas and electricity for each unit. Sperate entrances, updated kitchens, and updated bathrooms eliminate any work required to have rentable units with cash flow. The basement offers plenty of storage with washer and dryer for the tenants. A massive 4-car garage is a nice feature and currently rented below market at $200 per month through 10/24. Plenty of off-street parking with 5 spaces in addition to the 4-car garage. All mechanicals are in working order and within their expected life span. No lead pipes within this beautiful home. Charming old home without the Historic District rules and regulations. Great property for the owner occupant or to add to your rental property inventory.

Last Agent to Sell the Property

Mary Hager-Swanson

Swanson Real Estate License #471003655 Listed on: 04/25/2023

Last Buyer's Agent

Michelle Cole

eXp Realty License #475196861

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 1888

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 132
  • Paved or Partially Paved Lot

Parking

  • 4 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

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

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Porch

Schools

  • Lowrie Elementary School
  • Abbott Middle School
  • Larkin High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • 2 Unit

Building Details

  • Insurance Expense $1,372
  • Professional Management Expense $300
  • Water Sewer Expense $1,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,046

Year Built

Built in 1888

Lot Details

7,841 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Professional Management Expense: 300
  • Year Built: 1888
  • 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): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • ExteriorFeatures: Deck, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter, Stone
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1520
  • Other Expenses $: 149

Schools

  • Elementary School: Lowrie Elementary School
  • High School: Larkin High School
  • Middle/Junior School: Abbott Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 60 X 132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 1372
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4045.56
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jun 26, 2023
Sold by
Bought by
Seller's Agent
Mary Hager-Swanson
Swanson Real Estate
Buyer's Agent
Michelle Cole
eXp Realty
List Price
$314,900
Sold Price
$313,000
Premium/Discount to List
-$1,900
-0.6%
Views
44
Current Estimated Value
$304,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,887
Avg. Annual Appreciation
-0.94%
Original Mortgage
$307,330
Interest Rate
0.0625%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
0.0443%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.0725%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
0.0859%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$313,000 Chicago Title
-- Attorney
-- None Available
$135,000 Chicago Title Insurance Co
-- Chicago Title Insurance Co
-- Chicago Title Insurance Comp
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 $33,666
Open $307,330
Previous Owner $980,000
Previous Owner $210,000
Previous Owner $175,750
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $313,000 -0.6% --
05/09/2023 05/09/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $314,900 0.0% --
04/28/2023 04/28/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $314,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax 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.

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 -- $63,289 $14,772 $48,517
2023 $4,874 $57,176 $13,345 $43,831
2022 $4,206 $48,501 $12,168 $36,333
2021 $4,046 $45,345 $11,376 $33,969
2020 $3,948 $43,289 $10,860 $32,429
2019 $3,851 $41,236 $10,345 $30,891
2018 $3,841 $38,847 $9,746 $29,101
2017 $3,777 $36,724 $9,213 $27,511
2016 $3,634 $34,070 $8,547 $25,523
2015 -- $31,228 $7,834 $23,394
2014 -- $30,842 $7,737 $23,105
2013 -- $31,655 $7,941 $23,714
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mary Hager-Swanson

    Swanson Real Estate

    (847) 502-7587

    3 in this area

    28 Total Sales

    Mary Hager-Swanson
    Section Image
  • Michelle Cole

    Buyer's Agent in 2023

    Michelle Cole

    eXp Realty

    (888) 574-9405

    1 in this area

    13 Total Sales

    Michelle Cole
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11767379

Midwest Real Estate Data (MRED)

APN: 06-24-154-008

Illinois Kane County Elgin 60123 Southwest Elgin

455 S State St, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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