538 Bird St Elgin, IL 60123
Grant Park NeighborhoodEstimated Value: $301,000 - $401,097
6
Beds
3
Baths
--
Sq Ft
7,231
Sq Ft Lot
About This Home
As of August 2023Do not miss this unique opportunity to own your home as the other units pay your mortgage giving you a financial freedom that few obtain. This three unit property is raw and unbelievable deal that offers 3 separate units on 2 lots, extra lot pin# 0611379013. These 3 updated apartments have new stainless steel appliances and many other recent upgrades, each unit offer 2 bedrooms with 1 bath and they each unit has separate utility meters. Coach house is a 1 story ranch with 1 car garage. the driveway can accommodate 6 parking spaces, enjoy wing park, golf course as well as all the transportations & shopping that are located nearby. Excellent Investment for first time owners or prime investors. ( see attached sheet of upgrades),
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,555
Lot Details
- Lot Dimensions are 130x109
- Additional Parcels
Parking
- 1 Car Attached Garage
- Off-Street Parking
- Parking Included in Price
Home Design
- Converted Dwelling
- Asphalt Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 3 Units
Building Details
- Fuel Expense $2,382
- Insurance Expense $3,516
- Water Sewer Expense $2,070
- Gross Income $33,052
- Net Operating Income $15,908
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2023
Closed on
Oct 2, 2023
Sold by
Carreno Juan and Pozos Ivan
Bought by
J & I Props Llc
Seller's Agent
Nelsi Ayala
Nelsi Ayala
Buyer's Agent
Josh Barreto
OnPath Realty Inc.
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%
Views
91
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
-$21,226
Avg. Annual Appreciation
-3.05%
Original Mortgage
$281,250
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 6, 2023
Closed on
Aug 4, 2023
Sold by
Estanislao Erick and Estanislao Juan
Bought by
Carreno Juan and Pozos Ivan
Seller's Agent
Nelsi Ayala
Nelsi Ayala
Buyer's Agent
Josh Barreto
OnPath Realty Inc.
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%
Views
91
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 21, 2021
Closed on
Jun 28, 2021
Sold by
Jck Group Llc
Bought by
Estanislao Erick and Estanislao Juan
Seller's Agent
Porfirio Daniel Mendoza
Universal Real Estate LLC
Buyer's Agent
Nelsi Ayala
Nelsi Ayala
Sold Price
$280,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$210,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 18, 2014
Sold by
Weststar Industries Llc
Bought by
Jck Group Llc Series Two
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.15%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 14, 2011
Sold by
Aurora Loan Services Llc
Bought by
West Star Industries Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 13, 2010
Sold by
Wright Katja
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Jan 19, 2006
Sold by
Vargas Elvia
Bought by
Wiright Richard and Wright Katja
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,900
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 2, 2004
Sold by
Bird Donald L and Bird Della Alice
Bought by
Vargas Elvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Similar Homes 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 |
|---|---|---|---|
| J & I Props Llc | -- | None Listed On Document | |
| Carreno Juan | $375,000 | First American Title | |
| Estanislao Erick | $280,000 | None Available | |
| Jck Group Llc Series Two | $160,000 | Precision Title | |
| West Star Industries Llc | $68,000 | Forum Title Insurance Co | |
| Aurora Loan Services Llc | -- | None Available | |
| Wiright Richard | $325,000 | Attorneys Title Guaranty Fun | |
| Vargas Elvia | $210,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Carreno Juan | $281,250 | |
| Previous Owner | Estanislao Erick | $210,000 | |
| Previous Owner | Jck Group Llc Series 2 | $120,000 | |
| Previous Owner | Jck Group Llc Series Two | $120,000 | |
| Previous Owner | West Star Industries Llc | $51,000 | |
| Previous Owner | Wiright Richard | $259,900 | |
| Previous Owner | Wright Rick | $64,900 | |
| Previous Owner | Vargas Elvia | $147,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2023 08/04/23 | Sold | $375,000 | +7.1% | -- |
| 07/12/2023 07/12/23 | Pending | -- | -- | -- |
| 07/06/2023 07/06/23 | For Sale | $350,000 | +25.0% | -- |
| 06/28/2021 06/28/21 | Sold | $280,000 | +3.7% | -- |
| 05/25/2021 05/25/21 | For Sale | -- | -- | -- |
| 05/24/2021 05/24/21 | Pending | -- | -- | -- |
| 05/21/2021 05/21/21 | For Sale | $269,900 | -- | -- |
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 | $6,454 | $75,705 | $12,915 | $62,790 |
| 2022 | $5,534 | $63,825 | $11,776 | $52,049 |
| 2021 | $5,324 | $59,672 | $11,010 | $48,662 |
| 2020 | $5,196 | $56,966 | $10,511 | $46,455 |
| 2019 | $5,068 | $54,263 | $10,012 | $44,251 |
| 2018 | $5,054 | $51,119 | $9,432 | $41,687 |
| 2017 | $4,971 | $48,326 | $8,917 | $39,409 |
| 2016 | $4,782 | $44,834 | $8,273 | $36,561 |
| 2015 | -- | $41,094 | $7,583 | $33,511 |
| 2014 | -- | $40,586 | $7,489 | $33,097 |
| 2013 | -- | $41,657 | $7,687 | $33,970 |
Source: Public Records
Agents Affiliated with this Home
-
Nelsi Ayala
N
Seller's Agent in 2023
Nelsi Ayala
Nelsi Ayala
2 in this area
75 Total Sales
-
Josh Barreto
Buyer's Agent in 2023
Josh Barreto
OnPath Realty Inc.
(630) 407-7201
1 in this area
51 Total Sales
-
Porfirio Daniel Mendoza
Seller's Agent in 2021
Porfirio Daniel Mendoza
Universal Real Estate LLC
(847) 652-6600
1 in this area
75 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11824812
APN: 06-11-379-014
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