NOT LISTED FOR SALE

628 Lincoln Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $254,000 - $316,000

5 Beds
2 Baths
-- Sq Ft
6,403 Sq Ft Lot

Sale Details

Date Sold: June 22, 2016

Last sale price $111,500

Est. 156% increase in value since last sale

Current estimated payment $2,054 / mo

13 Days on Market

About This Home

As of June 2016

GREAT INVESTMENT OPPORTUNITY. LOT OF POTENTIAL. CLOSE TO I-90. HOME NEEDS UPDATING BRING YOUR REMODELING IDEAS. SHORT SALE. LIEN HOLDERS APPROVAL REQUIRED.

Last Agent to Sell the Property

Art Zamudo

Casablanca License #471004482 Listed on: 02/03/2016

Last Buyer's Agent

Richard Mejia

Berkshire Hathaway HomeServices Starck Real Estate License #475129050

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,760

Lot Details

  • 6,403

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 60x100

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,760

Lot Details

6,403 Sq Ft Lot

Parking

1

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
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • 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: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 3760
  • Tax Year: 2015

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • 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

Closed on
Jan 25, 2022
Sold by
Bought by
Current Estimated Value
$285,207

Purchase Details

Listed on
Feb 3, 2016
Closed on
Jun 14, 2016
Sold by
Bought by
Seller's Agent
Art Zamudo
Casablanca
Buyer's Agent
Richard Mejia
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$99,900
Sold Price
$111,500
Premium/Discount to List
$11,600
11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$83,625
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2004
Sold by
Bought by

Purchase Details

Closed on
May 13, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,910
Interest Rate
5.97%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,100
Interest Rate
6.4%
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
-- None Listed On Document
$111,500 Attorneys Title Guaranty Fun
-- None Available
-- None Available
-- --
-- --
$200,000 Multiple
$158,000 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
Previous Owner $83,625
Previous Owner $196,910
Previous Owner $150,100
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
06/22/2016 06/22/16 Sold $111,500 +11.6% --
02/16/2016 02/16/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $99,900 -- --
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 $6,262 $78,250 $14,384 $63,866
2023 $6,026 $70,693 $12,995 $57,698
2022 $5,175 $59,677 $11,849 $47,828
2021 $4,978 $55,794 $11,078 $44,716
2020 $4,858 $53,264 $10,576 $42,688
2019 $4,739 $50,737 $10,074 $40,663
2018 $4,726 $47,797 $9,490 $38,307
2017 $4,647 $45,185 $8,971 $36,214
2016 $3,831 $41,920 $8,323 $33,597
2015 -- $38,424 $7,629 $30,795
2014 -- $37,950 $7,535 $30,415
2013 -- $38,951 $7,734 $31,217
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Art Zamudo

    Casablanca

    (847) 514-0900

    9 in this area

    46 Total Sales

    Art Zamudo
    Section Image

  • R

    Buyer's Agent in 2016

    Richard Mejia

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 702-5444

    5 Total Sales

    Richard Mejia
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09130444

Midwest Real Estate Data (MRED)

APN: 06-12-282-018

Illinois Kane County Elgin 60120 Northeast Elgin

628 Lincoln 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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