NOT LISTED FOR SALE

809 Jefferson Ave Elgin, IL 60120

8 Beds
4 Baths
-- Sq Ft
1970 Built

Last Sold June 26, 2023

Last sale price $545,000

5 Days on Market

About This Home

As of June 2023

Well maintained and updated building with spacious units and a garage for each unit. The building has newer windows and a new roof to be installed prior to closing. Garage doors have been replaced. There is one boiler and hot water heater for the building (owner pays gas.) Tenant's pay there own electric. There is a full basement, which has a coin laundry and storage closets. Long term tenants. There is one vacant unit to show. MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST TO BE SUBMITTED BY SUNDAY 5/7 AT NOON.

Last Agent to Sell the Property

Ben Henrikson

RE/MAX Horizon License #475091643 Listed on: 05/02/2023

RE/MAX Horizon

Last Buyer's Agent

Phin Sundara

Charles Rutenberg Realty of IL License #475137482

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,395

Year Built

  • Built in 1970

Parking

  • 4 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 100x100
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • Lords Park Subdivision

Building Details

  • Electric Expense $326
  • Fuel Expense $3,249
  • Insurance Expense $3,713
  • Water Sewer Expense $2,324
  • Gross Income $43,200
  • Net Operating Income $23,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,395

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Lords Park
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • List Price: 525000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Water Sewer Expenses: 2324

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 100X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 23193
  • Fuel Expense: 3249
  • Insurance Expense: 3713
  • ElectricExpense: 326
  • GrossIncome: 43200
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10394.85
  • Tax Year: 2021

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $545,000 +3.8% --
05/08/2023 05/08/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $525,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11772640

Midwest Real Estate Data (MRED)