NOT LISTED FOR SALE

543 E Chicago St Unit 45 Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $333,000 - $413,000

6 Beds
3 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold December 31, 2018

Last sale price $264,500

Est. 37% increase in value since last sale

Current estimated payment $2,516/month

58 Days on Market

Highlights

  • Victorian Architecture
  • Entrance Foyer
  • Ceiling Fan
  • 2 Car Detached Garage
  • Forced Air Heating System
  • 4-minute walk to Channing Park

About This Home

As of December 2018

STOP PAYING RENT AND START TO COLLECT IT. ONE UNIT LEASED THROUGH MID 2019, THE OTHER 2020!! GROSS $36,600$ A YEAR . FRESHLY PAINTED, NEW A/C! This large 4bedroom Victorian comes with a nice 2bedroom apartment ready to rent. 2 car garage with plenty of storage and parking for side unit. Solid charming home with good bones. Been through current rental inspections. Serious buyers only, proof of funds. DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Chris Gibbons

Robert Anthony Real Estate Srv Listed on: 09/08/2018

Last Buyer's Agent

Susan Macino

@properties Christie's International Real Estate License #475133057

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,223

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 64x156
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Parking Included in Price

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

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

Schools

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

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $36,600
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,223

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Foyer
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • Foundation Details: Stone
  • List Price: 264500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Side Apron
  • ParkingTotal: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 1200

Schools

  • Elementary School: CHANNING MEMORIAL ELEMENTARY SCH
  • High School: ELGIN HIGH SCHOOL
  • Middle/Junior School: ELLIS MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 64X156
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 1200
  • GrossIncome: 36600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s,Duplex Side by Side

Tax Info

  • Tax Annual Amount: 5222.92
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Dec 14, 2018
Sold by
Broadhead Russell L and Broadhead Jenny
Bought by
Holt Brian
Seller's Agent
Chris Gibbons
Robert Anthony Real Estate Srv
Buyer's Agent
Susan Macino
@properties Christie's International Real Estate
List Price
$274,500
Sold Price
$264,500
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$361,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,952
Avg. Annual Appreciation
4.32%
Original Mortgage
$198,375
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2014
Closed on
Aug 6, 2014
Sold by
Janus Waldemar and Janus Anna
Bought by
Broadhead Russell L and Broadhead Jenny
Seller's Agent
Eduardo Diaz
Casablanca
Buyer's Agent
Israel Ballesteros
REMAX Horizon
List Price
$165,900
Sold Price
$165,000
Premium/Discount to List
-$900
-0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$161,986
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1999
Sold by
Wagner Daren and Wagner Kenneth
Bought by
Janus Waldemar and Janus Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,750
Interest Rate
7.9%

Purchase Details

Closed on
Jan 17, 1996
Sold by
Burger Robert and Burger Carlos Eugene
Bought by
Wagner Daren and Wagner Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,450
Interest Rate
7.28%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Holt Brian $264,500 Chicago Title Insurance Co
Broadhead Russell L $165,800 None Available
Janus Waldemar $173,000 --
Wagner Daren $98,000 Fox Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Brian $198,000
Closed Holt Brian $198,375
Previous Owner Broadhead Russell L $161,986
Previous Owner Janus Waldemar $144,527
Previous Owner Janus Waldemar R $32,850
Previous Owner Janus Waldemar $175,000
Previous Owner Janus Waldemar $10,000
Previous Owner Janus Waldemar $129,750
Previous Owner Wagner Daren $142,450
Closed Janus Waldemar $139,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $264,500 0.0% --
11/05/2018 11/05/18 Pending -- -- --
10/19/2018 10/19/18 Price Changed $264,500 -3.6% --
09/08/2018 09/08/18 For Sale $274,500 +66.4% --
08/08/2014 08/08/14 Sold $165,000 -0.5% --
06/30/2014 06/30/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $165,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $7,285 $91,034 $18,113 $72,921
2023 $7,011 $82,243 $16,364 $65,879
2022 $6,503 $74,991 $14,921 $60,070
2021 $6,255 $70,111 $13,950 $56,161
2020 $6,104 $66,931 $13,317 $53,614
2019 $5,394 $63,756 $12,685 $51,071
2018 $5,345 $60,062 $11,950 $48,112
2017 $5,223 $56,780 $11,297 $45,483
2016 $4,978 $52,677 $10,481 $42,196
2015 -- $48,283 $9,607 $38,676
2014 -- $47,687 $9,488 $38,199
2013 -- $48,945 $9,738 $39,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10079902

Midwest Real Estate Data (MRED)

APN: 06-13-404-011