$243,000
SOLD NOV 16, 2021

558 Franklin Blvd Elgin, IL 60120

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

Recently Sold

16% Above List Price

6 Days on Market

About This Home

As of November 2021

LOOKING FOR A NEW INVESTMENT? LOOK NO FURTHER! NOTHING TO DO HERE! WELL KEPT 2 UNIT BUILDING LOCATED CLOSE TO MANY AMENITIES! SEPARATE FURNACES AND ELECTRICAL PANELS! PLENTY OF PARKING! SCHEDULE A SHOWING TODAY!

Last Agent to Sell the Property

Jesus Perez

Realty of America, LLC License #475164326 Listed on: 10/06/2021

Realty of America, LLC

Last Buyer's Agent

Art Zamudo

Casablanca License #471004482

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,880

Year Built

  • Built in 1900

Lot Details

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

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,880

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
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 210000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

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: 5

Tax Info

  • Tax Annual Amount: 3880.44
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

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
$219,550
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$104,726
Source: Public Records

Similar Homes in Elgin, IL

  • 453 E Chicago St, Elgin, IL 60120

    $299,000

    • 4 Beds
    • 3 Baths
    • 453 E Chicago St
    • Elgin, IL

    Beautifull Two-unit property full of charm and character. Main floor unit has 2 bedrooms 1.1 bathrooms (both bedrooms have private bathrooms) Full basement with both interior and exterior access. The upper unit has 2 bedroom/1 bathroom, a walk-in pantry and plenty of storage. 2-car garage with a covered patio. Ideal 2-family or ideal for the City of Elgin's "Residential Conversion Program" to

    Ken Bruderle Realty Executives Advance

    Section Image
  • 523 N Liberty St, Elgin, IL 60120

    $250,000

    • 3 Beds
    • 3 Baths
    • 523 N Liberty St
    • Elgin, IL

    INVESTOR OR 1ST TIME BUYER!! THE SECOND FLOOR IS A 1 BR/ 1 BATH RENTED THRU JUNE OF '26 FOR $750... SAME GREAT TENANT FOR LAST 10 YEARS. 1ST FLOOR & FULL BASEMENT IS READY & AVAILABLE WITH REMODELED KITCHEN/9FT CEILINGS/HARDWOOD FLOORS/UPDATED VINYL THERMO WINDOWS/STAINLESS APPLIANCES/CORIAN TOPS/ISLAND. DEEP LOT WITH MATURE TREES, FENCED YARD, 2 CAR GARAGE-TURN AROUD SPOT, AND ALL CLOSE TO

    Shane Crawford REMAX Legends

    Section Image
  • 392 Plum Ct, Elgin, IL 60120

    $239,900

    • 3 Beds
    • 2 Baths
    • 392 Plum Ct
    • Elgin, IL

    LOVELY 2 STORY NESTLED ON A QUIET HILL IN ELGIN. 2 APARTMENTS WITH THE SAME TENANTS FOR YEARS. EACH LESSEE IS ON A MONTH TO MONTH LEASE. EASILY ROOM FOR 4 CARS OFF THE ALLEY. APARTMENT 1 ON THE FIRST FLOOR IS A 1 BR., 1 BATH, AAPARTMENT 2 ON THE SECOND FLOOR IS A 2 BR., 1 BATH. RENTS ARE $805 FOR THE 2 BEDROOM AND 600 FOR THE 1 BEDROOM.

    Kevin Forkin RE/MAX Suburban

    Section Image
  • 226 Mountain St, Elgin, IL 60123

    $254,900

    • 4 Beds
    • 2 Baths
    • 226 Mountain St
    • Elgin, IL

    Incredible investment opportunity in the heart of Elgin! This solid 2-flat offers spacious units, each with 2 bedrooms and 1 bath, and separate gas and electric utilities, ideal for both owner-occupants and savvy investors looking to generate steady rental income. Major improvements were completed in 2014, including high-efficiency furnaces, a hot water heater, a tear-off roof, and several

    Esther Zamudio Zamudio Realty Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Previous Owner $15,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11239914

Midwest Real Estate Data (MRED)

APN: 06-13-205-007