$397,000
SOLD DEC 12, 2025
4 Beds
4 Baths
-- Sq Ft
8,712 Sq Ft Lot

Recently Sold

12% Below List Price

37 Days on Market

Highlights

  • Second Garage
  • Property is near park
  • Paved or Partially Paved Lot
  • Colonial Architecture
  • 3 Car Detached Garage
  • 3-minute walk to Channing Park

About This Home

As of December 2025

Multi Family - Income Producing Investment Property * 2900 above ground SQFT * 1511 BSMT SQFT * $4050.00 per month in rents collected * 3 Car Garage * All units have been renovated over time: Unit #1 2013 to 2025, Unit #2 Bathroom Reno 2023, Unit #3 Kitchen Reno 2004 and Bathroom Reno 2023, Unit #4 Reno 2016. * 1.19 miles from Elgin Metra * Property located in Historical Elgin. Exterior recently stripped and painted $22,500. Historical Building * Est: 6% CAP Rate

Last Agent to Sell the Property

Barbara Cullen

@properties Christie's International Real Estate License #475155706 Listed on: 10/08/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Dean Tubekis

Coldwell Banker Realty License #475137834

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,142

Year Built

  • Built in 1875 | Remodeled in 2004

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 134 x 66 x 134
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Second Garage
  • Parking Available
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Cellar

Schools

  • Channing Memorial Elementary Sch
  • Ellis Middle School
  • Elgin High School

Additional Features

  • Property is near park
  • Radiant Heating System

Community Details

Overview

  • 4 Units
  • 4 Unit Investment Property

Building Details

  • Insurance Expense $209
  • Gross Income $48,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,142

Year Built

Built in 1875 | Remodeled in 2004

Lot Details

8,712 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1875
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2004
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2004

Interior Features

  • Basement: Unfinished, Cellar, Exterior Entry, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Lot Features: Level
  • OtherStructures: Second Garage, Garage(s)
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Schools

  • Elementary School: Channing Memorial Elementary Sch
  • High School: Elgin High School
  • Middle/Junior School: Ellis Middle School

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 66 x 134 x 66 x 134
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Insurance Expense: 209
  • GrossIncome: 48600
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,1 Story Unit/s,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 9142
  • Tax Year: 2024
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2025
Closed on
Dec 10, 2025
Sold by
Beers Kevin P and Beers Jennifer L
Bought by
Koikkara Prince and Koikkara Jose Anupama
Seller's Agent
Barbara Cullen
@properties Christie's International Real Estate
Buyer's Agent
Dean Tubekis
Coldwell Banker Realty
List Price
$450,000
Sold Price
$397,000
Premium/Discount to List
-$53,000
-11.78%
Views
94
Current Estimated Value
$397,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$965
Avg. Annual Appreciation
0.90%
Original Mortgage
$297,750
Outstanding Balance
$297,181
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$100,784

Purchase Details

Closed on
Dec 15, 2017
Sold by
Beers Kevin P and Beers Jennifer L
Bought by
Beers Kevin P and Beers Jenifer L

Purchase Details

Closed on
Aug 30, 2001
Sold by
Bahr Suzan A
Bought by
Beers Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,350
Interest Rate
7.03%
Source: Public Records
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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 $397,000 Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $187,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $297,750 New Conventional
Previous Owner $168,350 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Sold $397,000 -5.5% --
11/14/2025 11/14/25 Pending -- -- --
10/29/2025 10/29/25 Price Changed $419,900 -6.7% --
10/08/2025 10/08/25 For Sale $450,000 -- --
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 $9,142 $114,231 $18,185 $96,046
2023 $8,797 $103,199 $16,429 $86,770
2022 $7,536 $86,906 $14,980 $71,926
2021 $7,249 $81,251 $14,005 $67,246
2020 $7,074 $77,567 $13,370 $64,197
2019 $6,901 $73,888 $12,736 $61,152
2018 $6,882 $69,607 $11,998 $57,609
2017 $6,768 $65,803 $11,342 $54,461
2016 $6,511 $61,047 $10,522 $50,525
2015 -- $55,955 $9,644 $46,311
2014 -- $55,264 $9,525 $45,739
2013 -- $56,722 $9,776 $46,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12482790

Midwest Real Estate Data (MRED)

APN: 06-13-261-012

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