Landlord's Agent in 2022
Nina Konradi
Royal Family Real Estate
(847) 997-1676
1 in this area
17 Total Sales
515 Prospect St Unit 2 Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $330,000 - $380,000
2
Beds
1
Bath
1,250
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Lock-and-Leave Community
- Wood Flooring
- 1 Car Detached Garage
- Property is near park
- Granite Countertops
- 1-minute walk to St Francis Park
About This Home
As of October 2022Welcome to this charming 2 bedroom unit on the second level just minutes to downtown Elgin with views of the park. Mostly hardwood floors throughout. Freshly painted. New light fixtures. High ceilings w/ beautiful millwork. Two living spaces. Living room features a fireplace. Large eat-in kitchen with breakfast bar, white cabinets, granite counter tops, SS appliances, new range hood, & pantry. This unit offers lots of storage space and laundry area in the basement. This unit comes with a garage space. Secured entry with new flooring in the lobby. Front porch. Big backyard. Water, Lawn care, & snow removal included!
Last Agent to Rent the Property
Royal Family Real Estate License #475195349 Listed on: 09/28/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1905
Lot Details
- 8,712
Parking
- 1 Car Detached Garage
- Parking Included in Price
Home Design
- Property Attached
- Cedar
Interior Spaces
- 1,250 Sq Ft Home
- 2-Story Property
- Historic or Period Millwork
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Range
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Sink Near Laundry
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating System Uses Natural Gas
Additional Features
- Lot Dimensions are 132x65
- Property is near park
Listing and Financial Details
- Property Available on 10/1/22
- Rent includes water, scavenger, exterior maintenance, lawn care, snow removal
- 24 Month Lease Term
Community Details
Overview
- 2 Units
- Lock-and-Leave Community
Amenities
- Laundry Facilities
- Community Storage Space
Pet Policy
- Pets up to 20 lbs
- Limit on the number of pets
- Pet Size Limit
- Pet Deposit Required
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 13, 2024
Sold by
Mockus Richard W and Vangemert Laura
Bought by
Navarro Juan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Outstanding Balance
$293,585
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$64,785
Purchase Details
Closed on
May 23, 2022
Sold by
Biss Jeffrey J
Bought by
Mockus Richard W and Vangemert Laura
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Navarro Juan | $330,000 | None Listed On Document | |
| Mockus Richard W | $219,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Navarro Juan | $297,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2022 10/21/22 | Rented | $1,450 | 0.0% | -- |
| 10/21/2022 10/21/22 | For Rent | $1,450 | 0.0% | -- |
| 10/18/2022 10/18/22 | Off Market | $1,450 | -- | -- |
| 10/13/2022 10/13/22 | Price Changed | $1,450 | -6.5% | $1 / Sq Ft |
| 09/28/2022 09/28/22 | For Rent | $1,550 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $7,223 | $90,254 | $17,478 | $72,776 |
| 2023 | $6,951 | $81,538 | $15,790 | $65,748 |
| 2022 | $5,974 | $68,899 | $14,398 | $54,501 |
| 2021 | $5,747 | $64,416 | $13,461 | $50,955 |
| 2020 | $5,609 | $61,495 | $12,851 | $48,644 |
| 2019 | $5,471 | $58,577 | $12,241 | $46,336 |
| 2018 | $5,456 | $55,183 | $11,532 | $43,651 |
| 2017 | $5,366 | $52,168 | $10,902 | $41,266 |
| 2016 | $5,162 | $48,398 | $10,114 | $38,284 |
| 2015 | -- | $44,361 | $9,270 | $35,091 |
| 2014 | -- | $43,814 | $9,156 | $34,658 |
| 2013 | -- | $44,970 | $9,398 | $35,572 |
Source: Public Records
Agents Affiliated with this Home
-
Nina Konradi
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11640051
APN: 06-12-356-002
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Based on information submitted to the MLS GRID
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