NOT LISTED FOR SALE

603 W Chicago St Unit 5 Elgin, IL 60123

Near West Elgin Neighborhood

Estimated Value: $376,130 - $387,000

6 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold December 06, 2016

Last sale price $275,000

Est. 39% increase in value since last sale

Current estimated payment $2,532/month

25 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Porch

About This Home

As of December 2016

This handsome side-by-side duplex is located just minutes away from the heart of Elgin. The two homes in one are the perfect solution to multi-generational living, or easily rent both units. Each side includes three bedrooms, two full baths and spacious floorplans. Unit 603 includes a bonus/four seasons room, as well as a private porch overlooking the beautiful yard. Unit 605 is enhanced with a finished basement boasting rec room, den and storage area. Both have been lovingly maintained and recently updated with newer appliances, countertops, bathroom, flooring, paint and more. Enjoy the shaded backyard and detached garage, with extra space for parking on the wide driveway. Walk to the Metra train, river and so much more. Convenient access to expressways and Randall corridor. Make this smart move today!

Last Agent to Sell the Property

Jim Bechtold

Baird & Warner Fox Valley - Geneva Listed on: 09/29/2016

Last Buyer's Agent

Sergio Cardoso

RE/MAX Suburban License #471006733

RE/MAX Suburban

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,642

Year Built

  • Built in 1958

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 66x110

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Duplex
  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,642

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Year Built: 1958
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 274900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 66X110
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4642.24
  • Tax Year: 2015

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

Closed on
Jan 23, 2025
Sold by
Torres George
Bought by
Colin Luis Alberto
Total Days on Market
25
Current Estimated Value
$382,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Outstanding Balance
$288,076
Interest Rate
1.13%
Mortgage Type
New Conventional
Estimated Equity
$52,125

Purchase Details

Listed on
Sep 29, 2016
Closed on
Dec 5, 2016
Sold by
Kovacs Matthew
Bought by
Torres George
Seller's Agent
Jim Bechtold
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Sergio Cardoso
RE/MAX Suburban
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$275,000
Interest Rate
3.54%
Mortgage Type
VA

Purchase Details

Closed on
Jul 5, 2001
Sold by
Kovacs Richard P and Kovacs Matthew
Bought by
Kovacs Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.22%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 10, 2000
Sold by
Federal National Mortgage Association
Bought by
Kovacs Richard P and Kovacs Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
8.26%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 5, 1999
Sold by
Navarro Rogelio H and Navarro Diana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 5, 1996
Sold by
Gomez Lazaro
Bought by
Navarro Rogelio H and Navarro Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
7.19%
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
Colin Luis Alberto $385,000 None Listed On Document
Torres George $275,000 Fidelity National Title
Kovacs Matthew -- First American Title Ins Co
Kovacs Richard P -- Greater Illinois Title Compa
Federal National Mortgage Association -- --
Navarro Rogelio H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colin Luis Alberto $288,750
Previous Owner Torres George $275,000
Previous Owner Torres George $275,000
Previous Owner Kovacs Matthew $248,000
Previous Owner Kovacs Matthew $208,600
Previous Owner Kovacs Matthew $202,000
Previous Owner Kovacs Matthew $10,000
Previous Owner Kovacs Matthew $220,000
Previous Owner Kovacs Richard P $118,400
Previous Owner Navarro Rogelio H $163,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2016 12/06/16 Sold $275,000 0.0% --
10/24/2016 10/24/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $274,900 -- --
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 -- $78,407 $18,475 $59,932
2022 $5,679 $71,494 $16,846 $54,648
2021 $5,428 $66,842 $15,750 $51,092
2020 $2,161 $63,811 $15,036 $48,775
2019 $2,161 $60,784 $14,323 $46,461
2018 $5,068 $57,262 $13,493 $43,769
2017 $4,951 $54,133 $12,756 $41,377
2016 $4,716 $50,221 $11,834 $38,387
2015 -- $46,032 $10,847 $35,185
2014 -- $45,464 $10,713 $34,751
2013 -- $46,664 $10,996 $35,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09354991

Midwest Real Estate Data (MRED)

APN: 06-14-333-002