NOT LISTED FOR SALE

607 Jefferson Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $250,000 - $331,000

5 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot Lot

Sale Details

Date Sold: December 20, 2021

Last sale price $245,000

Est. 25% increase in value since last sale

Current estimated payment $2,113 / mo

129 Days on Market

About This Home

As of December 2021

Beautiful cash flowing multi-unit building on a large lot with a three car garage! Main floor include a three bedroom and one bath unit. Second floor has a two bedroom and one bath unit and includes stainless steel appliances. Excellent investment property (tenants pay electric and gas; two furnaces, two water heaters, separate gas and electric meters), or live on the main level and rent out the second floor unit, or convert the entire building into a large single family home ... lots of possibilities! Must see ... won't last long! Sold AS IS.

Last Agent to Sell the Property

Shilpa Patel

eXp Realty License #475184540 Listed on: 07/01/2021

eXp Realty

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,763

Year Renovated

  • 2016

Lot Details

  • 8,712

Parking

  • 3 Car Detached Garage
  • Multiple Garages
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Sheridan Elementary School
  • Larsen Middle School
  • Elgin High School

Additional Features

  • Lot Dimensions are 60x100
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,763

Year Renovated

2016

Lot Details

8,712 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Partially Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Assigned, Driveway
  • ParkingTotal: 7
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Schools

  • Elementary School: Sheridan Elementary School
  • High School: Elgin High School
  • Middle/Junior School: Larsen Middle School

Lot Info

  • Lot Dimensions: 60X100
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4762.74
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Dec 17, 2021
Sold by
Bought by
Seller's Agent
Shilpa Patel
eXp Realty
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
Sold Price
$245,000
Current Estimated Value
$307,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,260
Avg. Annual Appreciation
5.23%
Original Mortgage
$232,750
Outstanding Balance
$215,491
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$91,769

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 27, 2020
Sold by
Bought by
Seller's Agent
Valentino Ranallo
CENTURY 21 New Heritage West
Buyer's Agent
Meg Dalal
Provident Realty, Inc.
List Price
$234,900
Sold Price
$232,654
Premium/Discount to List
-$2,246
-0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$174,489
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2016
Closed on
Feb 1, 2017
Sold by
Bought by
Seller's Agent
Julian Mendoza
Universal Real Estate LLC
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$123,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2014
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$245,000 Chicago Title
$233,000 Fidelity National Title
$165,000 Chicago Title Ins Co
-- Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $232,750
Previous Owner $174,489
Previous Owner $123,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $245,000 -8.9% --
11/09/2021 11/09/21 Pending -- -- --
09/27/2021 09/27/21 For Sale -- -- --
07/13/2021 07/13/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $269,000 +15.6% --
05/06/2020 05/06/20 Sold $232,654 -1.0% -- View Prior Sale
03/15/2020 03/15/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $234,900 +42.4% --
02/01/2017 02/01/17 Sold $165,000 -2.9% -- View Prior Sale
01/04/2017 01/04/17 Pending -- -- --
12/13/2016 12/13/16 For Sale $169,900 +3.0% --
12/08/2016 12/08/16 Off Market $165,000 -- --
11/22/2016 11/22/16 For Sale $169,900 0.0% --
11/10/2016 11/10/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $169,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,458 $76,200 $19,272 $56,928
2023 $5,186 $68,841 $17,411 $51,430
2022 $4,553 $58,508 $15,876 $42,632
2021 $4,880 $54,701 $14,843 $39,858
2020 $4,763 $52,221 $14,170 $38,051
2019 $4,646 $49,744 $13,498 $36,246
2018 $4,633 $46,862 $12,716 $34,146
2017 $4,557 $44,301 $12,021 $32,280
2016 $4,383 $41,099 $11,152 $29,947
2015 -- $37,671 $10,222 $27,449
2014 -- $37,206 $10,096 $27,110
2013 -- $38,187 $10,362 $27,825
Source: Public Records

Agents Affiliated with this Home

  • Shilpa Patel

    Seller's Agent in 2021

    Shilpa Patel

    eXp Realty

    (847) 809-5441

    1 in this area

    31 Total Sales

    Shilpa Patel
    Section Image
  • Esther Zamudio

    Buyer's Agent in 2021

    Esther Zamudio

    Zamudio Realty Group

    (847) 508-7500

    31 in this area

    586 Total Sales

    Esther Zamudio
    Section Image
  • Valentino Ranallo

    Seller's Agent in 2020

    Valentino Ranallo

    CENTURY 21 New Heritage West

    (224) 420-2588

    2 in this area

    68 Total Sales

    Valentino Ranallo
    Section Image
  • Meg Dalal

    Buyer's Agent in 2020

    Meg Dalal

    Provident Realty, Inc.

    (831) 419-8491

    Meg Dalal
    Section Image
  • Julian Mendoza

    Seller's Agent in 2017

    Julian Mendoza

    Universal Real Estate LLC

    (847) 204-6600

    3 in this area

    119 Total Sales

    Julian Mendoza
    Section Image
  • Matt Lysien

    Buyer's Agent in 2017

    Matt Lysien

    Suburban Life Realty, Ltd

    (847) 309-6939

    7 in this area

    517 Total Sales

    Matt Lysien
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11142763

Midwest Real Estate Data (MRED)

APN: 06-12-476-002

Illinois Kane County Elgin 60120 Northeast Elgin

607 Jefferson Ave, Elgin, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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