Seller's Agent in 2025
Luis Torres
OnPath Realty Inc.
(630) 777-4597
1 in this area
30 Total Sales
456 Walnut Ave Elgin, IL 60123
Near West Elgin Neighborhood
4
Beds
2
Baths
--
Sq Ft
5,227
Sq Ft Lot
About This Home
As of April 2025Attention Investors! Great Cash Flow opportunity! From day one you can get a return on investment on this 2 Unit property near downtown Elgin! Unit 1 gets 3 bedrooms along with 1 full size bath and a comfortably sized living room. The kitchen leads directly to the outside of the property and the detached two car garage! Unit 2 is on the second floor with a cute space of one bedroom and a full size bath and great views of the neighborhood! The property does not lack in the comforts of hot water as the water heater was replaced recently, the furnace also was replaced recently! The opportunity to turn this property into a great investment for years to come is here! Priced to sell quickly!
Last Agent to Sell the Property
OnPath Realty Inc. License #475197996 Listed on: 03/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,110
Year Built
- Built in 1909
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 44x131x30x56x15x75
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2025
Closed on
Mar 22, 2025
Sold by
Alvarez Raymundo P and Santoyo Dina Leon
Bought by
Deep Dish Property Group Llc
Seller's Agent
Luis Torres
OnPath Realty Inc.
Buyer's Agent
Rutul Parekh
ARNI Realty Incorporated
List Price
$220,000
Sold Price
$235,000
Premium/Discount to List
$15,000
6.82%
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,786
Avg. Annual Appreciation
6.34%
Purchase Details
Closed on
Nov 3, 2017
Sold by
Alvarez Raymundo P
Bought by
Alvarez Raymundo P and Santoyo Dina Leon
Purchase Details
Closed on
Jan 22, 2004
Sold by
Alvarez Raymundo P and Sarmiento Jose
Bought by
Alvarez Raymundo P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,589
Interest Rate
5.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 2001
Sold by
Menchaca Roberto A and Carro Rosalba Xochihua
Bought by
Alvarez Raymundo P and Sarmiento Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,991
Interest Rate
7.18%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 26, 1996
Sold by
Bennett Charles H and Bennett Sandra J
Bought by
Menchaca Roberto A and Carro Rosalba Xochihua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,771
Interest Rate
8.13%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $235,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $130,000 | -- | |
| Warranty Deed | $109,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $134,589 | New Conventional | |
| Previous Owner | $127,991 | FHA | |
| Previous Owner | $107,771 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $235,000 | +6.8% | -- |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | For Sale | $220,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,310 | $66,347 | $10,341 | $56,006 |
| 2023 | $5,110 | $59,939 | $9,342 | $50,597 |
| 2022 | $4,375 | $50,460 | $8,518 | $41,942 |
| 2021 | $4,209 | $47,177 | $7,964 | $39,213 |
| 2020 | $4,108 | $45,038 | $7,603 | $37,435 |
| 2019 | $4,007 | $42,901 | $7,242 | $35,659 |
| 2018 | $3,996 | $40,415 | $6,822 | $33,593 |
| 2017 | $3,930 | $38,206 | $6,449 | $31,757 |
| 2016 | $3,780 | $35,445 | $5,983 | $29,462 |
| 2015 | -- | $32,489 | $5,484 | $27,005 |
| 2014 | -- | $32,088 | $5,416 | $26,672 |
| 2013 | -- | $32,935 | $5,559 | $27,376 |
Source: Public Records
Agents Affiliated with this Home
-
Luis Torres
-
Rutul Parekh
Buyer's Agent in 2025
Rutul Parekh
ARNI Realty Incorporated
(847) 293-9190
1 in this area
475 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12304591
APN: 06-23-203-015
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 455 Walnut Ave
- 261 Perry St
- 552 Walnut Ave
- 309 Griswold St
- 331 Griswold St
- 458 Morgan St
- 96 S Crystal St
- 518 South St
- 3 National St Unit 3
- 570 Morgan St
- 624 South St
- 315 Vandalia St
- 50 Sheridan St
- 9 N Jackson St
- 353 Wilcox Ave
- 118 Wilcox Ave
- 50 S State St
- 216 Prairie St
- 705 W Highland Ave
- 527 Ashland Ave