NOT LISTED FOR SALE

Estimated Value: $637,000 - $677,899

2 Beds
7 Baths
1,200 Sq Ft
$548/Sq Ft Est. Value

About This Home

RARE OPPORTUNITY! Enjoy the entire first floor of historic Mountain Street Mansion!

Perched high atop a hill overlooking bustling downtown Elgin, the 1871 Mayor's Mansion has been meticulously restored!

JUST listed, this sprawling two bedroom unit is the estate's largest apartment and was gut rehabbed in 2023 with new kitchen and appliances, new windows and all redone vintage maple flooring. You'll even have your own private winding staircase! Large attached storage room, and private parking. It even has the original marble fireplace. Dogs are allowed and will enjoy the rolling half acre property!

Rent is just $1895 plus $65 for water, sewer, trash, private laundry and Xfinity WiFi included $1960 total. You pay gas and electric. Private off street parking. Cats and dogs allowed, just $35 pet rent monthly. This unit will rent quickly, get in early. When you call just enter 52 to have a showing link sent to your cellphone.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2017
Sold by
Scarpelli Leonard and Scarpelli Kristie
Bought by
Mountain Street Mansion Llc
Current Estimated Value
$690,393

Purchase Details

Closed on
Dec 23, 2009
Sold by
K&W Management Llc
Bought by
Scarpelli Leonard and Scarpelli Kristie

Purchase Details

Closed on
Apr 1, 2007
Sold by
Union National Bank
Bought by
K & W Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2004
Sold by
Eggert Walsh Josephine
Bought by
Union National Bank & Trust Co Of Elgin and Trust #1536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2004
Sold by
Flaningam Keith P
Bought by
Eggert Walsh Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2001
Sold by
Wilkening Richard A
Bought by
Flaningam Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Wilkening Richard A
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Mountain Street Mansion Llc $380,500 None Available
Scarpelli Leonard $325,000 Nationwide Title Co
K & W Management Llc $410,000 Chicago Title Insurance Co
Union National Bank & Trust Co Of Elgin -- --
Eggert Walsh Josephine $320,000 Chicago Title Insurance Comp
Flaningam Keith $200,000 Chicago Title Insurance Co
Wilkening Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner K & W Management Llc $328,000
Previous Owner Eggert Walsh Josephine $240,000
Previous Owner Flaningam Keith $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2026 02/04/26 Off Market $1,895 -- --
10/18/2025 10/18/25 For Rent $1,895 0.0% --
10/11/2025 10/11/25 Off Market $1,895 -- --
09/17/2025 09/17/25 For Rent $1,895 -- --

Map

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