NOT LISTED FOR SALE

800-802 W Spring St South Elgin, IL 60177

Estimated Value: $381,000 - $414,000

5 Beds
3 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold October 17, 2018

Last sale price $245,000

Est. 65% increase in value since last sale

Current estimated payment $2,905/month

4 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Senior Tax Exemptions
  • South Elgin High School Rated A-
  • Paved or Partially Paved Lot
  • Heating Available

About This Home

As of October 2018

RARE OPPORTUNITY TO OWN A FANTASTIC DUPLEX IN SOUTH ELGIN!!! Live in one side and rent out the other! Or rent both sides for a great investment! Currently unit 802 is being rented out but lease ends in October. Both units have been very well maintained! Backs to a retention pond for open space and privacy! Located in South Elgin near route 31 and McClean Blvd. Hurry this one won't last.

Last Agent to Sell the Property

Matt Lysien

Suburban Life Realty, Ltd License #471003181 Listed on: 09/17/2018

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,395

Year Built

  • Built in 1978

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 76x139x76x138
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Duplex
  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Willard Elementary School
  • Kenyon Woods Middle School
  • South Elgin High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units
  • Levine Brothers Subdivision

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,395

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: LEVINE BROTHERS
  • Year Built: 1978
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 244900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: WILLARD ELEMENTARY SCHOOL
  • High School: SOUTH ELGIN HIGH SCHOOL
  • Middle/Junior School: KENYON WOODS MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 76X139X76X138
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • GrossIncome: 14400
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 6395.36
  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 17, 2018
Sold by
Kimpel Charlene M and Wilson Susan L
Bought by
Vargas Patricio and Vargas Elvia M
Seller's Agent
Matt Lysien
Suburban Life Realty, Ltd
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$244,900
Sold Price
$245,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$403,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,992
Avg. Annual Appreciation
7.07%
Original Mortgage
$170,000
Outstanding Balance
$152,485
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$241,381

Purchase Details

Closed on
Jul 8, 2005
Sold by
Boeker June N
Bought by
Boeker June N and Kaminiski Susan L

Purchase Details

Closed on
Mar 30, 2004
Sold by
Kaminski Susan L
Bought by
Boeker June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1994
Sold by
Kaminski Susan L and Boeker June N
Bought by
Kaminski Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,800
Interest Rate
5.75%

Purchase Details

Closed on
Aug 3, 1994
Sold by
Kaminski Susan L and Kaminski Susan M
Bought by
Kaminski Susan L and Boeker June N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,800
Interest Rate
5.75%
Source: Public Records

Range of Values:

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Average Value
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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
Vargas Patricio $245,000 Chicago Title Insurance Co
Boeker June N -- --
Boeker June $275,000 Chicago Title Insurance Comp
Kaminski Susan L -- --
Kaminski Susan L -- Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Patricio $170,000
Previous Owner Boeker June $220,000
Previous Owner Kaminski Susan L $99,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $245,000 0.0% --
09/21/2018 09/21/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $244,900 -- --
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 $9,258 $125,319 $23,661 $101,658
2023 $8,828 $113,216 $21,376 $91,840
2022 $8,367 $103,233 $19,491 $83,742
2021 $7,883 $96,516 $18,223 $78,293
2020 $7,648 $92,140 $17,397 $74,743
2019 $7,368 $87,769 $16,572 $71,197
2018 $6,756 $82,684 $15,612 $67,072
2017 $6,395 $78,166 $14,759 $63,407
2016 $6,056 $72,517 $13,692 $58,825
2015 -- $66,468 $12,550 $53,918
2014 -- $65,647 $12,395 $53,252
2013 -- $67,379 $12,722 $54,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10086022

Midwest Real Estate Data (MRED)

APN: 06-34-225-006