NOT LISTED FOR SALE

573 Addison St Elgin, IL 60120

Estimated Value: $171,000 - $272,000

3 Beds
1.5 Baths
1,070 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $167,000 $156 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,581/month

34 Days on Market

Highlights

  • 2 Car Detached Garage
  • Living Room
  • Dining Room

About This Home

As of February 2023

Great Investment Property! Positive Cash Flow! Single family home. 3 bedroom 1 bath Various updates through the years. Solid rent roll with little vacancy. Part of 27 Building Investment Portfolio in Elgin. Buy 1 or Buy Multiple. Owner prefers to sell in groups but will sell individually.

Last Agent to Sell the Property

Sharon Mennerick

HomeSmart Connect LLC License #475134295 Listed on: 12/09/2022

HomeSmart Connect LLC

Co-Listed By

Rudy Johnson

Keller Williams Inspire - Geneva License #475139695

Last Buyer's Agent

Michael Herrera

Baird & Warner Fox Valley - Geneva License #475197059

Baird & Warner Fox Valley -  Geneva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,033

Year Built

  • Built in 1890 | Remodeled in 2000

Lot Details

  • Lot Dimensions are 37 x 168

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Interior Spaces

  • 1,070 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,033

Year Built

Built in 1890 | Remodeled in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2000

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1070
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1070
  • Assessed Sq Ft: 1070
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1070
  • Basement Sq Ft: 640
  • Total Sq Ft: 1710
  • Unfinished Basement Sq Ft: 640
  • Upper Level Sq Ft: 430
  • Main Level Sq Ft: 640
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 165000
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 37 X 168
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4033.42
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 13, 2023
Sold by
Ann L Mapes Trust
Bought by
Cano-Rodriguez Valentin
Seller's Agent
Sharon Mennerick
HomeSmart Connect LLC
Buyer's Agent
Michael Herrera
Baird & Warner Fox Valley - Geneva
List Price
$200,000
Sold Price
$167,000
Premium/Discount to List
-$33,000
-16.5%
Views
127
Current Estimated Value
$215,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,992
Avg. Annual Appreciation
12.36%
Original Mortgage
$158,650
Outstanding Balance
$154,752
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$64,072

Purchase Details

Closed on
Nov 4, 1998
Sold by
Mapes Donald L and Mapes Ann L
Bought by
Mapes Donald L and Mapes Ann L
Source: Public Records

Similar Homes in Elgin, IL

  • 484 Hickory Place, Elgin, IL 60120

    $265,500

    • 3 Beds
    • 2 Baths
    • 2,136 Sq Ft
    • 484 Hickory Place
    • Elgin, IL

    Welcome to this beautifully kept 3-bedroom, 2-bathroom home, perfectly nestled on a peaceful, low-traffic street. From the moment you step inside, you'll appreciate the updated look, offering newer flooring, and an inviting open layout that seamlessly blends comfort and style. The heart of the home features a modern kitchen equipped with sleek stainless steel appliances, ideal for everyday

    Ana Morado HomeSmart Connect LLC

    Section Image
  • 442 Hickory Place, Elgin, IL 60120

    $239,900

    • 2 Beds
    • 2 Baths
    • 909 Sq Ft
    • 442 Hickory Place
    • Elgin, IL

    Motivated seller, come check out this great 2 bedroom/2 bathroom home in a great location! everything is newer, Spacious rooms, spacious yard, full basement..

    Juan Navarro American International Realty Corp.

    Section Image
  • 106 S Liberty St, Elgin, IL 60120

    $240,000

    • 3 Beds
    • 1.5 Baths
    • 1,438 Sq Ft
    • 106 S Liberty St
    • Elgin, IL

    2-story home move-in ready & affordable waiting for its new owners! Offers 3 bedrooms, 1 full bath, 1 half bath, living room, separate dining room, kitchen & a clean full unfinished basement excellent for storage. The front & rear porch are great to enjoy a morning coffee or an afternoon cold drink. The shared driveway leads you to the back parking area. Come see it today...!

    Jose Gonzalez Keller Williams Innovate

    Section Image
  • 356 Franklin Blvd, Elgin, IL 60120

    $254,000

    • 3 Beds
    • 1 Bath
    • 1,395 Sq Ft
    • 356 Franklin Blvd
    • Elgin, IL

    Welcome to this stunning home in the heart of Elgin! As you step inside, you will be greeted by high ceilings on the main level that add a sense of grandeur to the living room, family room, and kitchen. The perfect space for entertaining guests or simply relaxing with your loved ones. The master bedroom and full bath are conveniently located on the first level. Upstairs, you will find two

    Michael Scanlon eXp Realty

    Section Image
  • 370 North St, Elgin, IL 60120

    $270,000

    • 4 Beds
    • 1 Bath
    • 1,574 Sq Ft
    • 370 North St
    • Elgin, IL

    Welcome to 370 North St, a charming and move-in ready home nestled in a quiet, established neighborhood in Elgin. This well-maintained property offers a perfect blend of classic character and modern updates, featuring a spacious layout with natural light throughout. The inviting living room flows into a formal dining area, ideal for entertaining. The kitchen is equipped with ample cabinetry and

    Michael Scanlon eXp Realty

    Section Image
  • 650 Enterprise St, Elgin, IL 60120

    $269,900

    • 3 Beds
    • 2 Baths
    • 1,325 Sq Ft
    • 650 Enterprise St
    • Elgin, IL

    Charming 3 Bedroom, 2 Bath Home on a Spacious Corner Oversized Lot w/ 2 Car Garage. This property offers a fantastic opportunity to make it your own, with plenty of space and potential both inside and out. Recent upgrades include brand new siding (June 2025), newer gutters and downspouts (2024), roof (2024), A/C and Water Heater replaced in 2021, and driveway redone with asphalt in 2023. Includes

    Michael Rose Charles Rutenberg Realty of IL

    Section Image
  • 16 N Gifford St, Elgin, IL 60120

    $275,000

    • 4 Beds
    • 2 Baths
    • 2,033 Sq Ft
    • 16 N Gifford St
    • Elgin, IL

    Vintage single family home being sold as a package with 398 E Chicago (5 unit building next door). Currently owner occupied, but would make an excellent rental property. Updated floors and appliances in the home, new washer dryer. Brand new updated bathroom upstairs. New concrete driveway and detached two car garage. Will be sold with 398 E Chicago as a package deal, the driveway is shared.

    Ashlee Fox Berkshire Hathaway HomeServices Starck Real Estate

    Section Image
  • 164 S Porter St, Elgin, IL 60120

    $269,900

    • 4 Beds
    • 2 Baths
    • 2,820 Sq Ft
    • 164 S Porter St
    • Elgin, IL

    Lovingly owned by the same family for 62 years, this 4-bedroom, 2-bath home built in 1898 is full of character and charm. From the moment you enter, you'll be greeted by a stunning original wood staircase and gorgeous stained glass windows that speak to the home's historic charm. This home definitely tells a story with unique features such as classic clawfoot tubs and original hardwood floors.

    Hilda Jones Baird & Warner Real Estate - Algonquin

    Section Image
  • 306 S Liberty St, Elgin, IL 60120

    $270,000

    • 3 Beds
    • 2 Baths
    • 1,408 Sq Ft
    • 306 S Liberty St
    • Elgin, IL

    Ready for move in! This Elgin charmer has a spacious layout & classic curb appeal! Welcome to this beautifully maintained 3 bedroom, 2 bathroom home offering 1,408 square feet of comfortable living space with new carpet throughout. From the moment you arrive, you'll appreciate the curb appeal, mature landscaping, and inviting front entry. Step inside to a bright and airy living room, perfect for

    Michael Scanlon eXp Realty

    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 Buyer Sale Price Title Company
Cano-Rodriguez Valentin $167,000 --
Mapes Donald L -- --
Mapes Ann L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cano-Rodriguez Valentin $158,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $167,000 +1.2% $156 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $165,000 -17.5% $154 / Sq Ft
12/09/2022 12/09/22 For Sale $200,000 -- $187 / Sq Ft
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 $4,521 $53,031 $10,265 $42,766
2022 $4,193 $48,355 $9,360 $38,995
2021 $4,033 $45,209 $8,751 $36,458
2020 $3,785 $41,502 $8,354 $33,148
2019 $3,692 $39,534 $7,958 $31,576
2018 $3,374 $34,130 $7,497 $26,633
2017 $3,319 $32,265 $7,087 $25,178
2016 $3,192 $29,933 $6,575 $23,358
2015 -- $27,437 $6,027 $21,410
2014 -- $27,099 $5,953 $21,146
2013 -- $31,644 $6,110 $25,534
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: 11679539

Midwest Real Estate Data (MRED)

APN: 06-13-211-007