NOT LISTED FOR SALE

615 Lincoln Ave Unit 17 Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $268,000 - $358,000

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

Last Sold July 17, 2015

Last sale price $150,000

Est. 107% increase in value since last sale

Current estimated payment $2,290/month

4 Days on Market

Highlights

  • Deck
  • Porch
  • Heating System Uses Steam
  • 2 Car Detached Garage

About This Home

As of July 2015

Very nice brick 2 unit. Each unit with large living room, 2 bedrooms,bath and nice kitchen with appls. Both units have access to half of basement for storage and laundry. Tenants pay all utilities. 2 car garage included.

Last Agent to Sell the Property

Thomas Krebsbach

Vintage Home Realty License #471010460 Listed on: 05/13/2015

Last Buyer's Agent

Emilio Bartucci

HomeSmart Connect LLC License #475127821

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,115

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48 x 132

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,115

Year Built

Built in 1940

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 48 X 132
  • 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: 6115
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Calo Anthony S and Sammarco Salvatore S
Bought by
G & G Property Management Llc
Current Estimated Value
$310,939

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 15, 2015
Sold by
Mcconnaughay Michael R
Bought by
Calo Anthony S and Sammarco Salvatore S
Seller's Agent
Thomas Krebsbach
Vintage Home Realty
Buyer's Agent
Emilio Bartucci
HomeSmart Connect LLC
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$111,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2013
Sold by
Mcconnaughay Michael and Mcconnaughay Michelle L
Bought by
Mcconnaughay Michael R and Mcconnaughay Michelle L

Purchase Details

Closed on
Mar 20, 1997
Sold by
Galbraith Ronald D and Galbraith Margaret J
Bought by
Mcconnaughy Michael and Mcconnaughay Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,526
Interest Rate
7.82%
Mortgage Type
FHA
Source: Public Records
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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
G & G Property Management Llc -- None Listed On Document
Calo Anthony S $150,000 Attorneys Title Guaranty Fun
Mcconnaughay Michael R -- None Available
Mcconnaughy Michael $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calo Anthony S $111,000
Previous Owner Mcconnaughy Michael $137,526
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $150,000 -9.1% --
05/17/2015 05/17/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $165,000 -- --
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 $8,066 $100,786 $14,655 $86,131
2023 $7,080 $91,053 $13,240 $77,813
2022 $6,120 $76,575 $12,073 $64,502
2021 $5,852 $71,592 $11,287 $60,305
2020 $5,686 $68,345 $10,775 $57,570
2019 $5,520 $65,103 $10,264 $54,839
2018 $5,470 $61,331 $9,669 $51,662
2017 $5,346 $57,980 $9,141 $48,839
2016 $5,097 $53,789 $8,480 $45,309
2015 -- $49,303 $7,773 $41,530
2014 -- $48,694 $7,677 $41,017
2013 -- $49,978 $7,879 $42,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08920521

Midwest Real Estate Data (MRED)

APN: 06-12-426-004

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