NOT LISTED FOR SALE

558 E Chicago St Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $278,000 - $331,000

3 Beds
2 Baths
2,250 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 07, 2020

Last sale price $149,000 $66 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,069/month

21 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Bonus Room
  • Family Room with Fireplace
  • Victorian Architecture
  • 4-minute walk to Channing Park

About This Home

As of January 2020

This home is located at 558 E Chicago St, Elgin, IL 60120 since 02 October 2019 and is currently estimated at $305,095, approximately $135 per square foot. This property was built in 1894. 558 E Chicago St is a home located in Kane County with nearby schools including Channing Memorial Elementary School, Ellis Middle School, and Elgin High School.

Last Agent to Sell the Property

Paul Bednar

Real People Realty License #475169028 Listed on: 10/02/2019

Real People Realty

Last Buyer's Agent

Judy Cox

Results Realty ERA Powered License #471008985

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,777

Year Built

  • Built in 1894

Lot Details

  • 8,690 Sq Ft Lot
  • Lot Dimensions are 65x133

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Victorian Architecture
  • Asphalt Roof
  • Asbestos Siding

Interior Spaces

  • 2,250 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Multiple Water Heaters

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,777

Year Built

Built in 1894

Lot Details

8,690 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1894
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, In-Law Arrangement, First Floor Full Bath, Built-in Features
  • LivingArea: 2250
  • Other Equipment: Multiple Water Heaters
  • Room Type: Kitchen, Office, Other Room, Bonus Room, Enclosed Porch
  • Estimated Total Finished Sq Ft: 2250
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Square Footage Comments: there is a heated third-floor attic space that is partially finished, and the sq.ft. is not included in this total.
  • Total Sq Ft: 3465
  • Attic: Finished,Interior Stair,Unfinished

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Asbestos Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt,Brick,Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Fuses
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Channing Memorial Elementary Sch
  • High School: Elgin High School
  • Middle/Junior School: Ellis Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1995
  • Lot Dimensions: 65X133
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 3776.8
  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Dec 10, 2019
Sold by
Rook Nathaniel Patrick and Estate Of Sally Jo Wood
Bought by
Cavalcante Joseph J and Cavalcante Katherine
Seller's Agent
Paul Bednar
Real People Realty
Buyer's Agent
Judy Cox
Results Realty ERA Powered
List Price
$175,000
Sold Price
$149,000
Premium/Discount to List
-$26,000
-14.86%
Current Estimated Value
$305,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,095
Avg. Annual Appreciation
12.45%
Original Mortgage
$146,301
Outstanding Balance
$130,268
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$174,827
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cavalcante Joseph J $149,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavalcante Joseph J $146,301
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2020 01/07/20 Sold $149,000 0.0% $66 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
10/20/2019 10/20/19 Price Changed $149,000 -9.7% $66 / Sq Ft
10/15/2019 10/15/19 Price Changed $165,000 -5.7% $73 / Sq Ft
10/02/2019 10/02/19 For Sale $175,000 -- $78 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,958 $82,448 $17,086 $65,362
2023 $5,668 $74,486 $15,436 $59,050
2022 $4,945 $63,023 $14,075 $48,948
2021 $4,722 $58,922 $13,159 $45,763
2020 $4,583 $56,250 $12,562 $43,688
2019 $3,977 $53,582 $11,966 $41,616
2018 $3,913 $50,478 $11,273 $39,205
2017 $3,777 $47,720 $10,657 $37,063
2016 $3,548 $44,271 $9,887 $34,384
2015 -- $40,578 $9,062 $31,516
2014 -- $40,077 $8,950 $31,127
2013 -- $41,134 $9,186 $31,948
Source: Public Records

Agents Affiliated with this Home

  • Paul Bednar

    Seller's Agent in 2020

    Paul Bednar

    Real People Realty

    (847) 987-7526

    19 in this area

    61 Total Sales

    Paul Bednar
    Section Image
  • Judy Cox

    Buyer's Agent in 2020

    Judy Cox

    Results Realty ERA Powered

    (630) 546-7276

    200 Total Sales

    Judy Cox
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10536087

Midwest Real Estate Data (MRED)

APN: 06-13-262-011

Illinois Kane County Elgin 60120 Gifford Park

558 E Chicago St, Elgin, IL

Not Listed for Sale

Detached

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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