572 Walnut Ave Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $323,798
3
Beds
3
Baths
--
Sq Ft
7,754
Sq Ft Lot
Highlights
- 2.5 Car Detached Garage
- Entrance Foyer
- Two Heating Systems
- Porch
- Outdoor Storage
- Ceiling Fan
About This Home
As of February 2022Great investment opportunity! Well maintained 3 unit with huge 2+ car garage, multiple storage areas and ample parking space. Unit 1 located on main level of house, 2 bed 1 bath, large living room, formal dining room, Kitchen and full bath! Unit 1 has direct basement access with private laundry. Unit 2 is a 2nd floor studio apartment with private entrance from rear exterior stairs. Unit 3 is located at the back of the property with private entrance, kitchen, full bath, living room and bedroom. Additional Laundry room for Unit 2 & Unit 3 in back building with separate access. Huge, 2+ car garage with overhead door, access through alley, great for large or multiple vehicle storage and parking... Garage is set up with private access, perfect if owner decides to keep separate for themselves. Updates within last 5 years include: NEW Paint Unit 1 & Unit 3, 2021, NEW ceiling fans in Unit 1 & Unit 3, 2021. NEW Exterior Doors (all except Unit 1 Front Door) replaced within last 5 years. NEW Exterior Paint, Whole house & Garage wood siding, 2016. Updates over 5 years include (dates are approximate): NEW Hot Water Heater in Unit 3, 2015, NEW Boiler for Unit 1 & Unit 2, 2010, NEW Energy efficient Vinyl Windows in Unit 2, 2006. NEW cement walk, 2006. Interior pics are of Unit 1 & Unit 3 only.
Last Listed By
Century 21 New Heritage - Hampshire License #475121861 Listed on: 12/09/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,690
Year Built
- 1863
Lot Details
- Lot Dimensions are 50x157
Parking
- 2.5 Car Detached Garage
- Parking Space is Owned
Interior Spaces
- Ceiling Fan
- Entrance Foyer
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Outdoor Storage
- Porch
Utilities
- Two Heating Systems
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
Community Details
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2021
Closed on
Feb 3, 2022
Sold by
Herbert & Rosalyn E Davenport Living Tru
Bought by
Feliciano Joel
Seller's Agent
Kelly West
Century 21 New Heritage - Hampshire
Buyer's Agent
Tamara O'Connor
Premier Living Properties
List Price
$275,000
Sold Price
$275,000
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,798
Avg. Annual Appreciation
5.11%
Original Mortgage
$261,250
Outstanding Balance
$244,884
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$78,914
Purchase Details
Closed on
Jun 5, 2002
Sold by
Davenport Herbert and Davenport Rosalyn E
Bought by
Davenport Rosalyn E and Herbert & Rosalyn E Davenport Living Tru
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Similar Homes in Elgin, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Feliciano Joel | $275,000 | Ariano Hardy Ritt Nyuli Richmo | |
| Davenport Rosalyn E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Feliciano Joel | $261,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/09/2022 02/09/22 | Sold | $275,000 | 0.0% | -- |
| 12/18/2021 12/18/21 | Pending | -- | -- | -- |
| 12/10/2021 12/10/21 | For Sale | $275,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $7,001 | $90,126 | $13,655 | $76,471 |
| 2022 | $7,126 | $82,179 | $12,451 | $69,728 |
| 2021 | $6,855 | $76,832 | $11,641 | $65,191 |
| 2020 | $6,690 | $73,348 | $11,113 | $62,235 |
| 2019 | $6,526 | $69,869 | $10,586 | $59,283 |
| 2018 | $6,507 | $65,821 | $9,973 | $55,848 |
| 2017 | $6,400 | $62,224 | $9,428 | $52,796 |
| 2016 | $6,157 | $57,727 | $8,747 | $48,980 |
| 2015 | -- | $52,912 | $8,017 | $44,895 |
| 2014 | -- | $52,259 | $7,918 | $44,341 |
| 2013 | -- | $53,638 | $8,127 | $45,511 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly West
Seller's Agent in 2022
Kelly West
Century 21 New Heritage - Hampshire
(847) 962-4656
1 in this area
90 Total Sales
-
Tamara O'Connor
Buyer's Agent in 2022
Tamara O'Connor
Premier Living Properties
(630) 485-4214
1 in this area
557 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11284521
APN: 06-23-201-008
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