NOT LISTED FOR SALE

561 N Weston Ave Unit 63 Elgin, IL 60123

Estimated Value: $456,000 - $517,000

6 Beds
5 Baths
-- Sq Ft
0.25 Acres

Last Sold September 07, 2023

Last sale price $437,900

Est. 10% increase in value since last sale

Current estimated payment $3,313/month

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • Shed
  • Paved or Partially Paved Lot
  • Patio
  • Dog Run

About This Home

As of September 2023

Well kept 2 unit . 3 bedrooms each side. 561 has 2.5 baths and 563 has 1.5 baths. 2 car garage in rear of building. AC replaced on 561 side 2020 . Roof replaced few years ago on home and garage. Garage floor has lifetime floor coating. Low maintenance, close to Wing Park and across from shopping center. Call or text list agent for more details. Great tenants , will move out sooner if they are able to find a home or keep as tenants. BROKER Owned Property. Please TEXT broker day and time for showings. ONLY pre-approved clients will be allowed access. DO NOT Disturb Tenants.

Last Agent to Sell the Property

Ivan Zamudio

I.D. Realty License #471020681 Listed on: 07/15/2023

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,779

Year Built

  • Built in 1958 | Remodeled in 2018

Lot Details

  • 0.25 Acre Lot
  • Dog Run
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Duplex
  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Partial Basement

Outdoor Features

  • Patio
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,779

Year Built

Built in 1958 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • ExteriorFeatures: Patio, Dog Run, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 450000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 7
  • Number of Cars: 9
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: .25
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: Y

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5779.22
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Aug 29, 2023
Sold by
Bultinck Jared Matthew
Bought by
Zamudio Samuel Palacios
Seller's Agent
Ivan Zamudio
I.D. Realty
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$450,000
Sold Price
$437,900
Premium/Discount to List
-$12,100
-2.69%
Views
75
Current Estimated Value
$481,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,119
Avg. Annual Appreciation
4.62%
Original Mortgage
$265,000
Outstanding Balance
$259,155
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$221,864

Purchase Details

Closed on
Aug 15, 2006
Sold by
Vargas Patricio
Bought by
Zamudio Juan Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.49%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 24, 2005
Sold by
Zamudio Esther
Bought by
Vargas Patricio

Purchase Details

Closed on
Aug 18, 2005
Sold by
Castillo Saturnino and Castillo Brigida
Bought by
Zamudio Esther

Purchase Details

Closed on
Dec 20, 2004
Sold by
Zamudio Esther
Bought by
Castillo Saturnino and Castillo Brigida

Purchase Details

Closed on
Jun 29, 1995
Sold by
Cox Thomas L and Therese Cox M
Bought by
Zamudio Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,350
Interest Rate
7.9%
Source: Public Records

Range of Values:

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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
Zamudio Samuel Palacios $440,000 Fidelity National Title
Zamudio Juan Ivan $310,000 Atg
Vargas Patricio $280,000 Multiple
Zamudio Esther -- Law Title Insurance
Castillo Saturnino -- Law Title Insurance
Zamudio Esther $186,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamudio Samuel Palacios $265,000
Previous Owner Zamudio Juan Ivan $248,000
Previous Owner Zamudio Esther $147,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2023 09/07/23 Sold $437,900 -2.7% --
07/21/2023 07/21/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $450,000 -- --
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 $9,034 $120,891 $21,841 $99,050
2023 $8,628 $109,216 $19,732 $89,484
2022 $5,779 $99,586 $17,992 $81,594
2021 $7,771 $93,106 $16,821 $76,285
2020 $7,559 $88,884 $16,058 $72,826
2019 $7,347 $84,667 $15,296 $69,371
2018 $7,293 $79,762 $14,410 $65,352
2017 $7,109 $75,404 $13,623 $61,781
2016 $6,792 $69,954 $12,638 $57,316
2015 -- $64,119 $11,584 $52,535
2014 -- $63,327 $11,441 $51,886
2013 -- $64,748 $11,743 $53,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11832739

Midwest Real Estate Data (MRED)

APN: 06-10-453-007