$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
7.45%
Original Mortgage
$238,598
Outstanding Balance
$221,369
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$94,269
Source: Public Records

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Range of Values:

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

Property History

Date Event Price Change Sq Ft Price
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
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: 11239914

Midwest Real Estate Data (MRED)

APN: 06-13-205-007