NOT LISTED FOR SALE

51 Elm Ave Highwood, IL 60040

Estimated Value: $335,000 - $468,000

3 Beds
2 Baths
1,760 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $205,000 $116 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,848/month

38 Days on Market

Highlights

  • Colonial Architecture
  • Wayne Thomas Elementary School Rated A
  • 2 Car Attached Garage

About This Home

As of December 2019

Great investment opportunity here! Spacious home with 2 car garage & 2 private entrances. Main level features living room, 1 bdrm plus updated kitchen and bath. 2nd floor has 2 bedrooms plus living room, kitchen, bath. Interior back entrance to both units next to garage. Full unfinished basement for tenants/owners to use for storage. Prime location within walking distance to so much. Close to the downtown area, lake, schools, shopping and dining. Commuters dream close to tollway and train. Longtime renter moving out and landlord does not want to keep it. Not interested in 2 units? Convert back to a single family home. Endless options here!

Last Agent to Sell the Property

Barbara Kuebler-Noote

Compass License #475129164 Listed on: 08/24/2019

Compass

Last Buyer's Agent

William Kashul

Baird & Warner License #471006060

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,116

Year Built

  • Built in 1918

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45x135x45x134

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Colonial Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Radiant Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,116

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1918
  • 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
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant, Radiator(s)
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 45X135X45X134
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6115.79
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2019
Sold by
Hainchek Eugene E and Hainchek Carmen Ann
Bought by
Low Ian
Current Estimated Value
$417,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2001
Sold by
Hainchek Carmen
Bought by
Hainchek Eugene E and Hainchek Carmen Ann

Purchase Details

Closed on
Dec 15, 1993
Sold by
Hainchek Carmen
Bought by
Hainchek Carmen
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Low Ian $205,000 Chicago Title
Hainchek Eugene E -- --
Hainchek Carmen -- --
Hainchek Carmen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Low Ian $194,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2019 12/04/19 Sold $205,000 -8.9% $116 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $225,000 0.0% $128 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $225,000 -- $128 / Sq Ft
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 $7,967 $104,434 $28,159 $76,275
2023 $6,605 $94,135 $25,382 $68,753
2022 $6,605 $75,929 $27,883 $48,046
2021 $6,119 $73,397 $26,953 $46,444
2020 $5,976 $73,397 $26,953 $46,444
2019 $5,798 $73,054 $26,827 $46,227
2018 $6,188 $81,316 $29,373 $51,943
2017 $6,116 $80,847 $29,204 $51,643
2016 $5,883 $76,968 $27,803 $49,165
2015 $5,757 $71,512 $25,832 $45,680
2014 $4,833 $60,291 $21,232 $39,059
2012 $4,714 $60,643 $21,356 $39,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10496223

Midwest Real Estate Data (MRED)

APN: 16-15-432-009