532 W Chicago St Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $225,000 - $261,000
4
Beds
2
Baths
--
Sq Ft
4,356
Sq Ft Lot
About This Home
As of November 2019INCREDIBLE CASH FLOW OPPORTUNITY * TWO BEDROOM W/ FULL BATH IN EACH UNIT * VERY SPACIOUS * TENANTS PAY ELECTRIC & GAS * GREAT LOCATION CLOSE TO DOWNTOWN * PRICED TO SELL!
Last Agent to Sell the Property
CENTURY 21 New Heritage West Listed on: 08/02/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,647
Year Built
- Built in 1863
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 25x15x15x110x41x124
Parking
- 1 Car Detached Garage
- No Garage
- Parking Space is Owned
Home Design
- Steel Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Additional Features
- English Basement
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Gross Income $20,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2019
Closed on
Oct 24, 2019
Sold by
38 West Partners Llc
Bought by
Chavez Jose
Seller's Agent
Valentino Ranallo
CENTURY 21 New Heritage West
Buyer's Agent
Patrick West
Century 21 New Heritage West
List Price
$135,000
Sold Price
$100,000
Premium/Discount to List
-$35,000
-25.93%
Total Days on Market
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,474
Avg. Annual Appreciation
16.74%
Original Mortgage
$75,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 2019
Sold by
Mid Holdings Llc
Bought by
38 West Partners Llc
Purchase Details
Closed on
Sep 27, 2012
Sold by
Gould Capital Corp
Bought by
Mid Holdings Llc
Purchase Details
Closed on
May 31, 2002
Sold by
Eineke Robert L
Bought by
Rios Enrique L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
7%
Similar Home in Elgin, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chavez Jose | $100,000 | Fidelity National Title | |
| 38 West Partners Llc | -- | Attorney | |
| Mid Holdings Llc | -- | None Available | |
| Rios Enrique L | $142,000 | Greater Illinois Title Compa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chavez Jose | $80,422 | |
| Previous Owner | Chavez Jose | $75,000 | |
| Previous Owner | Rios Enrique L | $121,700 | |
| Previous Owner | Rios Enrique L | $128,000 | |
| Previous Owner | Rios Enrique L | $127,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2019 11/15/19 | Sold | $100,000 | -13.0% | -- |
| 10/10/2019 10/10/19 | Pending | -- | -- | -- |
| 09/27/2019 09/27/19 | Price Changed | $115,000 | -4.2% | -- |
| 09/18/2019 09/18/19 | Price Changed | $120,000 | -4.0% | -- |
| 09/09/2019 09/09/19 | Price Changed | $125,000 | -7.4% | -- |
| 08/31/2019 08/31/19 | For Sale | $135,000 | 0.0% | -- |
| 08/27/2019 08/27/19 | Pending | -- | -- | -- |
| 08/21/2019 08/21/19 | Price Changed | $135,000 | -15.6% | -- |
| 08/12/2019 08/12/19 | Price Changed | $160,000 | -5.9% | -- |
| 08/02/2019 08/02/19 | For Sale | $170,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $4,657 | $54,633 | $9,284 | $45,349 |
| 2022 | $3,994 | $46,056 | $8,465 | $37,591 |
| 2021 | $3,842 | $43,059 | $7,914 | $35,145 |
| 2020 | $3,749 | $41,106 | $7,555 | $33,551 |
| 2019 | $3,657 | $39,156 | $7,197 | $31,959 |
| 2018 | $3,677 | $36,887 | $6,780 | $30,107 |
| 2017 | $3,587 | $34,872 | $6,410 | $28,462 |
| 2016 | $3,450 | $32,352 | $5,947 | $26,405 |
| 2015 | -- | $29,654 | $5,451 | $24,203 |
| 2014 | -- | $29,288 | $5,384 | $23,904 |
| 2013 | -- | $30,061 | $5,526 | $24,535 |
Source: Public Records
Agents Affiliated with this Home
-
Valentino Ranallo
Seller's Agent in 2019
Valentino Ranallo
CENTURY 21 New Heritage West
(224) 420-2588
61 Total Sales
-
Lisa Rossow
Seller Co-Listing Agent in 2019
Lisa Rossow
CENTURY 21 New Heritage
(847) 683-2000
87 Total Sales
-
Patrick West
Buyer's Agent in 2019
Patrick West
Century 21 New Heritage West
(847) 809-8734
202 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10472983
APN: 06-14-403-025
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