701 E Chicago St Elgin, IL 60120
Bluff City NeighborhoodEstimated Value: $209,000 - $285,000
            
                2
                Beds
            
            
            
                1
                Bath
            
            
            
                1,300
                Sq Ft
            
            
                
                    $201/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 701 E Chicago St, Elgin, IL 60120 and is currently estimated at $260,948, approximately $200 per square foot. 701 E Chicago St is a home located in Cook County with nearby schools including Lords Park Elementary School, Ellis Middle School, and Elgin High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Nov 12, 2009
            
        
                Sold by
            
            
                Rayburn Randall S and Rayburn Teresa N
            
        
                Bought by
            
            
                Oles Brett and Oles Carol
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $106,043
            
        
                Outstanding Balance
            
            
                $68,887
            
        
                Interest Rate
            
            
                4.9%
            
        
                Mortgage Type
            
            
                FHA
            
        
                Estimated Equity
            
            
                $192,061
            
        Purchase Details
                Closed on
            
            
                Nov 15, 1999
            
        
                Sold by
            
            
                Ghadosh Morad K and Ghadosh Sharon K
            
        
                Bought by
            
            
                Rayburn Randall S and Rayburn Teresa N
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $18,582
            
        
                Interest Rate
            
            
                7.84%
            
        
                Mortgage Type
            
            
                Seller Take Back
            
        Purchase Details
                Closed on
            
            
                May 26, 1995
            
        
                Sold by
            
            
                Mkg Investments
            
        
                Bought by
            
            
                Ghadosh Morad K and Ghadosh Sharon K
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $66,400
            
        
                Interest Rate
            
            
                8%
            
        Purchase Details
                Closed on
            
            
                Apr 21, 1995
            
        
                Sold by
            
            
                Bartels Walton R
            
        
                Bought by
            
            
                Meg Investments
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $66,400
            
        
                Interest Rate
            
            
                8%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Oles Brett | $108,000 | Multiple | |
| Rayburn Randall S | $89,000 | -- | |
| Ghadosh Morad K | -- | Attorneys Title Guaranty Fun | |
| Meg Investments | $63,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Oles Brett | $106,043 | |
| Previous Owner | Rayburn Randall S | $18,582 | |
| Previous Owner | Ghadosh Morad K | $66,400 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $4,515 | $19,000 | $4,004 | $14,996 | 
| 2023 | $4,358 | $19,000 | $4,004 | $14,996 | 
| 2022 | $4,358 | $19,000 | $4,004 | $14,996 | 
| 2021 | $2,624 | $10,945 | $2,752 | $8,193 | 
| 2020 | $2,685 | $10,945 | $2,752 | $8,193 | 
| 2019 | $2,718 | $12,298 | $2,752 | $9,546 | 
| 2018 | $3,215 | $12,897 | $2,502 | $10,395 | 
| 2017 | $3,225 | $12,897 | $2,502 | $10,395 | 
| 2016 | $3,314 | $12,897 | $2,502 | $10,395 | 
| 2015 | $2,910 | $10,907 | $2,252 | $8,655 | 
| 2014 | $2,837 | $10,907 | $2,252 | $8,655 | 
| 2013 | $2,724 | $10,907 | $2,252 | $8,655 | 
                Source: Public Records
                    
            
        Map
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