$300,000
SOLD OCT 15, 2025

558 Franklin Blvd Elgin, IL 60120

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

Recently Sold

9% Below List Price

109 Days on Market

About This Home

As of October 2025

Are you an investor looking for a 2-unit property or a buyer needing additional rental income? Then this is the perfect property for you. This 2-unit is ready to move in. The first floor has two bedrooms and one bathroom (remodeled in 2023), and the second floor has one bedroom and one bathroom with new kitchen cabinets (2022), new kitchen flooring (2022), new stove and fridge (2022), a two-car garage, and a driveway for six cars. Call today to schedule your exclusive appointment.

Last Agent to Sell the Property

Eddie Quintana-Garcia

Netgar Investments, Inc License #475176345 Listed on: 05/22/2025

Last Buyer's Agent

Christopher Davis

Inspire Realty Group LLC License #471020520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,271

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 66.5x148.7x66.9x148.1

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,271

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Other
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Driveway, Owned, Garage
  • ParkingTotal: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 66.5X148.7X66.9X148.1
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5270.98
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 22, 2021
Sold by
Gutierrez Sanjuana H and Gutierrez Vicente G
Bought by
Coria Leticia Ponce and Franco Angela
Seller's Agent
Jesus Perez
Realty of America, LLC
Buyer's Agent
Art Zamudo
Casablanca
List Price
$210,000
Sold Price
$243,000
Premium/Discount to List
$33,000
15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$238,598
Outstanding Balance
$218,634
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$109,100
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 Type Sale Price Title Company
Warranty Deed $243,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,598 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2025 10/15/25 Sold $300,000 -9.1% --
09/08/2025 09/08/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $329,900 0.0% --
07/09/2025 07/09/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $329,900 +35.8% --
11/16/2021 11/16/21 Sold $243,000 +15.7% -- View Prior Sale
10/13/2021 10/13/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $210,000 -- --
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 $5,271 $73,864 $17,610 $56,254
2023 $5,006 $66,730 $15,909 $50,821
2022 $4,390 $56,633 $14,506 $42,127
2021 $4,010 $52,948 $13,562 $39,386
2020 $3,880 $50,547 $12,947 $37,600
2019 $4,497 $48,149 $12,333 $35,816
2018 $4,484 $45,359 $11,618 $33,741
2017 $4,410 $42,880 $10,983 $31,897
2016 $4,243 $39,781 $10,189 $29,592
2015 -- $36,463 $9,339 $27,124
2014 -- $36,013 $9,224 $26,789
2013 -- $36,963 $9,467 $27,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12370577

Midwest Real Estate Data (MRED)

APN: 06-13-205-007