NOT LISTED FOR SALE

75 Willard Ave Unit 16 Elgin, IL 60120

Bluff City Neighborhood

Estimated Value: $73,000 - $113,000

1 Bed
1 Bath
600 Sq Ft
$175/mo HOA Fee

Last Sold September 13, 2021

Last sale price $50,000 $83 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $775/month

8 Days on Market

Highlights

  • End Unit
  • Balcony
  • Ceiling Fan
  • Corner Lot
  • Storage
  • Heating System Uses Steam

About This Home

As of September 2021

Cheapest place in town looking not to rent or Looking for that perfect investment? Look no further. Studio condo with low ASSOC FEES. Property is currently vacant ready to move in or rent it out. NO RENTAL RESTRICTIONS W/ASSOC. Close to shopping and transportation. Don't miss this opportunity.

Last Agent to Sell the Property

Christopher Davis

Inspire Realty Group LLC License #471020520 Listed on: 08/10/2021

Last Buyer's Agent

Phil Reaume

Solid Realty Services, Inc. License #471003914

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1972

Lot Details

  • 0.58

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Full Bathroom
  • 600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storage

Home Security

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • End Unit

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • 12 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,062

Year Built

Built in 1972

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Interior Amenities: Storage
  • LivingArea: 600
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Kitchen Flooring: Vinyl
  • Living Room Flooring: Carpet
  • MRD_MBB: None
  • Kitchen Windows: None

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 60000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 1 (Window/Wall Unit)
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 175
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: self managed
  • Management Phone: 000-000-0000X00000

Fee Information

  • Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1062.21
  • Tax Year: 2019

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2023
Sold by
Fain Steven D and Fain Sandra B
Bought by
Steven D Fain Revocable Trust and Fain
Current Estimated Value
$90,055

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 2, 2021
Sold by
Heaton Jonathan A and Heaton Jenelle
Bought by
Fain Steven D and Fain Sandra B
Seller's Agent
Christopher Davis
Inspire Realty Group LLC
Buyer's Agent
Phil Reaume
Solid Realty Services, Inc.
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.68%

Purchase Details

Closed on
Jun 25, 2004
Sold by
Creative Assistance Development Inc
Bought by
Heaton Jonathan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 17, 2001
Sold by
Elgin Financial Svgs Bank
Bought by
Creative Assistance Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,335
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Steven D Fain Revocable Trust -- None Listed On Document
Fain Steven D $50,000 Attorney
Heaton Jonathan A $65,000 Multiple
Creative Assistance Development $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heaton Jonathan A $61,750
Previous Owner Creative Assistance Development $535,335
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $50,000 -16.7% $83 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $60,000 -- $100 / Sq Ft
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
2024 $1,436 $4,990 $947 $4,043
2023 $1,396 $4,990 $947 $4,043
2022 $1,396 $4,990 $947 $4,043
2021 $1,737 $5,040 $670 $4,370
2020 $1,726 $5,040 $670 $4,370
2019 $1,931 $6,301 $670 $5,631
2018 $2,413 $7,101 $591 $6,510
2017 $2,405 $7,101 $591 $6,510
2016 $2,263 $7,101 $591 $6,510
2015 $2,229 $6,345 $552 $5,793
2014 $2,159 $6,345 $552 $5,793
2013 $2,088 $6,345 $552 $5,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11184664

Midwest Real Estate Data (MRED)

APN: 06-18-300-086-1016