NOT LISTED FOR SALE

Estimated Value: $322,000 - $448,577

4 Beds
3 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold November 22, 2021

Last sale price $345,000

Est. 15% increase in value since last sale

Current estimated payment $2,658/month

2 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Entrance Foyer
  • Lower Floor Utility Room
  • Patio
  • Shed

About This Home

As of November 2021

Beautifully maintained and updated 3-flat near Elgin's Gold Coast neighborhood. Large parking area in back with fenced yard. Clean usable basement with laundry. Recently painted inside and out. Walking distance to Gail Borden library, Fox River, and bike path. Also convenient to Elgin's downtown restaurants, coffee shops, and amenities. Property is not in a historic district. Offers a great opportunity for owner occupied and have 2 additional rentals or rent all 3! Owner has owned for the past 15 years. All 3 units are well maintained. Unit 1 offers 2 bedrooms, Unit 2 offers 1 bedroom and Unit 3 is a studio. All 3 units have separate Electric and own heating / AC units. Owner has never had any trouble renting units but for purpose of sale new investor/Owner investor would like to start with new tenants.

Last Agent to Sell the Property

William Grant

Five Star Realty, Inc License #471003639 Listed on: 11/04/2021

Last Buyer's Agent

Iwona Filipiak

Berkshire Hathaway HomeServices Chicago License #475136739

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,229

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Lower Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Partial Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Stone or Rock in Basement

Parking

  • 6 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Mckinley Elementary School
  • Larsen Middle School
  • Elgin High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • 3 Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,229

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

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer, Utility Room-Lower Level
  • Basement Description: Exterior Access,Stone/Rock,Walk-Up Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Stone
  • List Price: 329900
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Roof: Asphalt, Flat
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Mckinley Elementary School
  • High School: Elgin High School
  • Middle/Junior School: Larsen Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Dimensions: 10824 SF
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5228.98
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Nov 22, 2021
Sold by
Heider Aaron T
Bought by
Mont Blabce Properties Llc
Seller's Agent
William Grant
Five Star Realty, Inc
Buyer's Agent
Iwona Filipiak
Berkshire Hathaway HomeServices Chicago
List Price
$329,900
Sold Price
$345,000
Premium/Discount to List
$15,100
4.58%
Current Estimated Value
$397,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,144
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Oct 6, 2006
Sold by
Casas Flavia R
Bought by
Heider Aaron T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,400
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Mont Blabce Properties Llc $345,000 None Available
Heider Aaron T $230,500 Burnet Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heider Aaron T $184,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $345,000 +4.6% --
11/07/2021 11/07/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $329,900 -- --
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 $6,736 $84,175 $16,023 $68,152
2023 $6,483 $76,046 $14,476 $61,570
2022 $5,570 $64,237 $13,200 $51,037
2021 $5,358 $60,057 $12,341 $47,716
2020 $5,229 $57,333 $11,781 $45,552
2019 $5,101 $54,613 $11,222 $43,391
2018 $5,087 $51,449 $10,572 $40,877
2017 $5,003 $48,637 $9,994 $38,643
2016 $4,812 $45,122 $9,272 $35,850
2015 -- $41,359 $8,499 $32,860
2014 -- $40,848 $8,394 $32,454
2013 -- $41,925 $8,615 $33,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11263014

Midwest Real Estate Data (MRED)

APN: 06-11-404-004