NOT LISTED FOR SALE

53-63 Douglas Ave Elgin, IL 60120

Downtown Elgin Neighborhood

Estimated Value: $961,808

Studio
-- Bath
15,495 Sq Ft
$62/Sq Ft Est. Value

About This Home

This home is located at 53-63 Douglas Ave, Elgin, IL 60120 and is currently estimated at $961,808, approximately $62 per square foot. 53-63 Douglas Ave is a home located in Kane County with nearby schools including Ronald D O'Neal Elementary School, Kimball Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Cuming Holdings Llc
Bought by
Chicago Realty Ventures Inc
Current Estimated Value
$961,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$370,822
Interest Rate
6.46%
Mortgage Type
Seller Take Back
Estimated Equity
$590,986

Purchase Details

Closed on
Dec 12, 2019
Sold by
Riverside House Partners Llc
Bought by
Cumming Holdings Llc

Purchase Details

Closed on
Nov 28, 2017
Sold by
Corn Bruce R and Stredde Diane
Bought by
Riverside House Partnerss Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Chicago Realty Ventures Inc $910,000 None Listed On Document
Cumming Holdings Llc $918,000 Chicago Title
Riverside House Partnerss Llc $1,350,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Realty Ventures Inc $665,000
Previous Owner Riverside House Partnerss Llc $720,000
Source: Public Records

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 $23,267 $290,734 $55,871 $234,863
2023 $22,390 $262,656 $50,475 $212,181
2022 $20,767 $239,496 $46,024 $193,472
2021 $19,977 $223,912 $43,029 $180,883
2020 $19,496 $213,759 $41,078 $172,681
2019 $19,017 $203,618 $39,129 $164,489
2018 $13,818 $139,661 $36,862 $102,799
2017 $14,447 $140,457 $37,072 $103,385
2016 $14,863 $139,365 $36,784 $102,581
Source: Public Records

Map

Illinois Kane County Elgin 60120 Downtown Elgin

53-63 Douglas Ave, Elgin, IL

Not Listed for Sale

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