PENDING
$4K PRICE DROP
Estimated payment $2,089/month
Total Views
11,976
5
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
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
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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 |
|---|---|---|---|
| Open | $183,750 | New Conventional | |
| Closed | $123,750 | Purchase Money Mortgage | |
| Previous Owner | $81,403 | FHA | |
| Previous Owner | $234,000 | Purchase Money Mortgage | |
| Previous Owner | $24,000 | Credit Line Revolving | |
| 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
Similar Homes in Elgin, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12348006
APN: 06-13-451-006
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