Seller's Agent in 2025
Nancy Potter
Real Estate Central, Inc.
(847) 783-4687
1 in this area
5 Total Sales
559 N Grove Ave Elgin, IL 60120
Northeast Elgin Neighborhood
3
Beds
1.5
Baths
1,192
Sq Ft
1900
Built
Highlights
- Living Room
- Central Air
- Family Room
- Laundry Room
- Dining Room
About This Home
As of November 2025Excellent Investment or Starter Home Opportunity!!! This property offers outstanding potential for both investors and first-time homebuyers. By doing some updates like new carpeting, fresh paint, etc., it can serve as a strong rental property or a comfortable residence. Affordably priced, this home provides the perfect opportunity to build equity without the burden of a high purchase price. Don't miss the chance to add value and make it your own. The property is being sold "As Is". Listing agent has ownership interest in the property.
Last Agent to Sell the Property
Real Estate Central, Inc. License #471004396 Listed on: 10/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,323
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 44 x 107
Interior Spaces
- 1,192 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Parking
- 3 Parking Spaces
- Driveway
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2025
Closed on
Nov 10, 2025
Sold by
Potter Nancy J and Practical Properties Inc
Bought by
Pacheco Samuel and Morales Yolanda
Seller's Agent
Nancy Potter
Real Estate Central, Inc.
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%
Views
124
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.38%
Original Mortgage
$100,000
Outstanding Balance
$100,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$67,260
Purchase Details
Closed on
May 14, 2015
Sold by
Union National Bank
Bought by
Practical Properties Inc
Purchase Details
Closed on
Aug 24, 2005
Sold by
Potter Nancy J
Bought by
Union National Bank & Trust Co Of Elgin and Trust #1482
Purchase Details
Closed on
Jan 23, 1998
Sold by
Smith Pearlean and Karner Conte Luann R
Bought by
Potter Nancy J
Purchase Details
Closed on
Oct 3, 1995
Sold by
Karner Conte Luann R and Kraner Luann R
Bought by
Smith Pearlean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.56%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $170,000 | None Listed On Document | |
| Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Sheriffs Deed | -- | -- | |
| Warranty Deed | $85,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $67,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | Sold | $170,000 | +3.0% | $143 / Sq Ft |
| 10/18/2025 10/18/25 | Pending | -- | -- | -- |
| 10/09/2025 10/09/25 | For Sale | $165,000 | -- | $138 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,323 | $54,017 | $9,481 | $44,536 |
| 2023 | $4,160 | $48,800 | $8,565 | $40,235 |
| 2022 | $3,858 | $44,497 | $7,810 | $36,687 |
| 2021 | $3,712 | $41,602 | $7,302 | $34,300 |
| 2020 | $3,480 | $38,157 | $6,971 | $31,186 |
| 2019 | $3,395 | $36,347 | $6,640 | $29,707 |
| 2018 | $3,088 | $31,230 | $6,255 | $24,975 |
| 2017 | $3,037 | $29,523 | $5,913 | $23,610 |
| 2016 | $2,921 | $27,390 | $5,486 | $21,904 |
| 2015 | -- | $25,105 | $5,028 | $20,077 |
| 2014 | -- | $24,795 | $4,966 | $19,829 |
| 2013 | -- | $29,040 | $5,097 | $23,943 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Potter
-
Exclusive Agency
E
Buyer's Agent in 2025
Exclusive Agency
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12491477
APN: 06-11-476-003
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