NOT LISTED FOR SALE

586 Glenwood Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $223,000 - $282,000

2 Beds
1 Bath
1,104 Sq Ft
$233/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $250,000 $226 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,746/month

2 Days on Market

Highlights

  • Sun or Florida Room
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Welcome to this charming 2-bedroom, 1-bath ranch-style home! This property features a full basement, partially finished to suit your needs. Recent updates include a new roof installed in 2020, a water heater replaced in 2017, and a newer furnace, ensuring peace of mind and comfort. The home boasts a concrete slab ready for a 2-car garage, offering potential for added convenience. The exterior has been freshly painted, giving the home a crisp, modern look. Enclosed front and back porch. Don't miss the opportunity to make this well-maintained property your own!

Last Agent to Sell the Property

Raul Gonzalez

United Real Estate - Chicago License #475182661 Listed on: 08/15/2024

United Real Estate - Chicago

Last Buyer's Agent

SEAN LORCH

Catalano & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,673

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x137

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,673

Year Built

Built in 1949

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1949
  • Age: 71-80 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): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1104
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 500
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 500
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 50X137
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4673
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Sep 23, 2024
Sold by
Gonzalez Antonio
Bought by
Beltran Aurelio
Seller's Agent
Raul Gonzalez
United Real Estate - Chicago
Buyer's Agent
SEAN LORCH
Catalano & Associates
List Price
$239,800
Sold Price
$250,000
Premium/Discount to List
$10,200
4.25%
Views
14
Current Estimated Value
$256,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,746
Avg. Annual Appreciation
1.82%
Original Mortgage
$241,250
Outstanding Balance
$238,548
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$18,198

Purchase Details

Listed on
Jan 1, 2022
Closed on
Feb 22, 2022
Sold by
Lathrop Thomas B
Bought by
Gonzalez Antonio
Seller's Agent
Lisa Rossow
CENTURY 21 New Heritage
Buyer's Agent
Virginia Bailey
Berkshire Hathaway HomeServices Chicago
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.90%
Original Mortgage
$112,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Sold by
Lathrop Patrick R
Bought by
Lathrop Thomas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.72%

Purchase Details

Closed on
Jul 8, 2001
Sold by
Lathrop Patrick R
Bought by
Lathrop Patrick R and Lathrop Thomas B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Beltran Aurelio $250,000 Fidelity National Title
Gonzalez Antonio $150,000 Ariano Hardy Ritt Nyuli Richmo
Lathrop Thomas B -- First American Title Ins Co
Lathrop Patrick R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beltran Aurelio $241,250
Previous Owner Gonzalez Antonio $112,000
Previous Owner Lathrop Thomas B $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2024 09/23/24 Sold $250,000 +4.3% $226 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $239,800 +59.9% $217 / Sq Ft
02/24/2022 02/24/22 Sold $150,000 0.0% $300 / Sq Ft View Prior Sale
01/16/2022 01/16/22 Pending -- -- --
01/01/2022 01/01/22 For Sale $150,000 -- $300 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,925 $69,536 $15,793 $53,743
2023 $4,673 $62,821 $14,268 $48,553
2022 $4,967 $57,282 $13,010 $44,272
2021 $4,778 $53,554 $12,163 $41,391
2020 $4,663 $51,125 $11,611 $39,514
2019 $4,548 $48,700 $11,060 $37,640
2018 $4,370 $44,103 $10,419 $33,684
2017 $4,288 $41,693 $9,850 $31,843
2016 $4,125 $38,680 $9,138 $29,542
2015 -- $35,454 $8,376 $27,078
2014 -- $35,017 $8,273 $26,744
2013 -- $35,940 $8,491 $27,449
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Raul Gonzalez

    United Real Estate - Chicago

    (630) 748-4660

    1 in this area

    8 Total Sales

    Raul Gonzalez
    Section Image

  • S

    Buyer's Agent in 2024

    SEAN LORCH

    Catalano & Associates

  • Lisa Rossow

    Seller's Agent in 2022

    Lisa Rossow

    CENTURY 21 New Heritage

    (847) 683-2000

    1 in this area

    82 Total Sales

    Lisa Rossow
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Abigail Decker

    CENTURY 21 New Heritage

  • Virginia Bailey

    Buyer's Agent in 2022

    Virginia Bailey

    Berkshire Hathaway HomeServices Chicago

    (847) 347-8882

    1 in this area

    26 Total Sales

    Virginia Bailey
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12139483

Midwest Real Estate Data (MRED)

APN: 06-01-428-016

Illinois Kane County Elgin 60120 Northeast Elgin

586 Glenwood Ave, Elgin, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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