$275,000
SOLD JUL 31, 2025

475 Laurel St Elgin, IL 60120

5 Beds
2 Baths
-- Sq Ft
1909 Built

Recently Sold

5% Below List Price

35 Days on Market

About This Home

As of July 2025

Investors or first time buyers looking to house hack. This 2 unit home is a must see! It is currently set up as a two unit property, but can be converted back into a single family home. It has a total of 5 bedrooms and 2 bathrooms. This can be used as a rental income property, as the first floor unit (2 bed/1 bath) is currently rented (lease ends 9/30/25) and the second floor unit (3 bed/1 bath) is being used as a short term rental. Or if you would like to house hack, you can live in the the second floor unit while collecting rent to cover the mortgage. The 3 bedroom unit had some rehabbing done. The first floor unit needs a little TLC, as well as the basement. Close to schools, shopping, and the casino. This home will sell fast as inventory remains low, so come check it out before it is gone! Need at least 24 hrs notice

Last Agent to Sell the Property

Anthony Marte

Real Broker LLC License #475189708 Listed on: 05/08/2025

Real Broker LLC

Last Buyer's Agent

Viviana Vargas

Keller Williams Innovate - Aurora License #475190365

Keller Williams Innovate - Aurora

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,011

Year Built

  • Built in 1909 | Remodeled in 2024

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 66x80
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • 2 Flat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,011

Year Built

Built in 1909 | Remodeled in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1909
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner

Exterior Features

  • Construction Materials: Stucco
  • List Price: 285000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 66X80
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6011
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jul 7, 2025
Sold by
Marte Enterprises Llc
Bought by
Hernandez Jaime
Seller's Agent
Anthony Marte
Real Broker LLC
Buyer's Agent
Viviana Vargas
Keller Williams Innovate - Aurora
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Views
229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$206,250
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2018
Sold by
Marte Anthony and Marte Christina
Bought by
Marte Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2010
Sold by
Waterfall Victoria Reo Llc
Bought by
Marte Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,403
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2009
Sold by
Schwendau Jeanette
Bought by
Waterfall Victoria Reo Llc

Purchase Details

Closed on
Aug 10, 2006
Sold by
Jarvis Robert C
Bought by
Schwendau Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
10.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2006
Sold by
Christiana Bank & Trust Co
Bought by
Jarvis Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2004
Sold by
Arreguin Benito
Bought by
Arreguin Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
9.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2000
Sold by
Hud
Bought by
Arroguin Benito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.98%
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 Type Sale Price Title Company
Warranty Deed $275,000 Citywide Title
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $81,500 Linear Title & Closing
Sheriffs Deed -- None Available
Warranty Deed $250,000 Multiple
Special Warranty Deed $164,000 First American Title
Interfamily Deed Transfer $210,000 Chicago Title Insurance Comp
Warranty Deed -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $206,250 New Conventional
Previous Owner $123,750 Purchase Money Mortgage
Previous Owner $81,403 FHA
Previous Owner $234,000 Purchase Money Mortgage
Previous Owner $123,000 Fannie Mae Freddie Mac
Previous Owner $180,000 Purchase Money Mortgage
Previous Owner $95,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $275,000 -3.5% --
06/12/2025 06/12/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $285,000 -1.4% --
05/08/2025 05/08/25 For Sale $289,000 -- --
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 $6,246 $78,048 $12,722 $65,326
2023 $6,011 $70,510 $11,493 $59,017
2022 $5,151 $59,401 $10,480 $48,921
2021 $4,955 $55,536 $9,798 $45,738
2020 $4,835 $53,018 $9,354 $43,664
2019 $4,717 $50,503 $8,910 $41,593
2018 $4,111 $47,577 $8,394 $39,183
2017 $4,009 $44,977 $7,935 $37,042
2016 $3,810 $41,727 $7,362 $34,365
2015 -- $38,247 $6,748 $31,499
2014 -- $37,775 $6,665 $31,110
2013 -- $38,772 $6,841 $31,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12348006

Midwest Real Estate Data (MRED)

APN: 06-13-451-006