53 Douglas Ave Elgin, IL 60120
Downtown Elgin NeighborhoodEstimated Value: $960,082
Studio
--
Bath
15,495
Sq Ft
$62/Sq Ft
Est. Value
About This Home
This home is located at 53 Douglas Ave, Elgin, IL 60120 and is currently estimated at $960,082, approximately $61 per square foot. 53 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
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
$589,260
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
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