NOT LISTED FOR SALE

Estimated Value: $258,000 - $299,138

4 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold January 31, 2024

Last sale price $255,000

Est. 9% increase in value since last sale

Current estimated payment $1,839/month

17 Days on Market

Highlights

  • 1 Car Detached Garage
  • South Elgin High School Rated A-
  • 5-minute walk to Unity Park

About This Home

As of January 2024

MUTLIPLE OFFERS!!! PLEASE SUBMIT ALL OVERS BY 12/25 7PM. Multi Unit Building in the heart of Elgin for SALE! Welcome Investors! Live in one and rent the other or rent both!!! This building is has been renovated with newer roof (2017) Newer Furnaces (2021) Newer Windows (2019) and newer appliances in 2018. Both units fully remodeled in 2016 and 2018. Lower unit has 3 bedroom 1 bathroom w/ an Unfinished basement just waiting for your final touches The upstairs has 1 bedroom and 1 Bathroom. This wont last long!

Last Agent to Sell the Property

Amna Abid

Suburban Life Realty, Ltd. License #475179426 Listed on: 12/08/2023

Last Buyer's Agent

Monica Morales

GREAT HOMES REAL ESTATE, INC. License #475186043

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 47x132x49x132

Parking

  • 1 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Elgin High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,527

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ 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: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 250000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • High School: Elgin High School
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 47X132X49X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3527.34
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 29, 2024
Sold by
Martin Lloyd J and Ampulembang Olpha
Bought by
Toledo Jorge
Seller's Agent
Amna Abid
Suburban Life Realty, Ltd.
Buyer's Agent
Monica Morales
GREAT HOMES REAL ESTATE, INC.
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Views
168
Current Estimated Value
$278,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,535
Avg. Annual Appreciation
5.60%
Original Mortgage
$7,500
Outstanding Balance
$7,367
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$271,168

Purchase Details

Listed on
Sep 27, 2017
Closed on
May 4, 2018
Sold by
Gabler Susan and Estate Of John L Dove
Bought by
Martin Lloyd J and Ampulembang Olpha
Seller's Agent
Jean Sauer Ferron
Century 21 New Heritage - Hampshire
Buyer's Agent
Darlene Alanis
Suburban Life Realty, Ltd
List Price
$160,000
Sold Price
$158,000
Premium/Discount to List
-$2,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$1,850,000
Interest Rate
5.4%
Mortgage Type
New Conventional
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
Toledo Jorge $255,000 None Listed On Document
Martin Lloyd J $158,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toledo Jorge $7,500
Open Le Person Jorg $242,250
Previous Owner Martin Lloyd J $157,350
Previous Owner Martin Lloyd J $1,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $255,000 +2.0% --
12/26/2023 12/26/23 Pending -- -- --
12/19/2023 12/19/23 For Sale $250,000 0.0% --
12/12/2023 12/12/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $250,000 +58.2% --
05/04/2018 05/04/18 Sold $158,000 0.0% --
03/26/2018 03/26/18 Pending -- -- --
03/24/2018 03/24/18 Price Changed $158,000 -1.3% --
03/07/2018 03/07/18 For Sale $160,000 0.0% --
02/05/2018 02/05/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $160,000 0.0% --
12/17/2017 12/17/17 Pending -- -- --
10/31/2017 10/31/17 Price Changed $160,000 -3.0% --
09/27/2017 09/27/17 For Sale $165,000 -- --
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 $4,262 $61,251 $10,818 $50,433
2023 $4,035 $55,335 $9,773 $45,562
2022 $3,527 $46,679 $8,911 $37,768
2021 $3,358 $43,641 $8,331 $35,310
2020 $3,253 $41,662 $7,953 $33,709
2019 $3,146 $39,686 $7,576 $32,110
2018 $3,696 $37,387 $7,137 $30,250
2017 $3,635 $35,344 $6,747 $28,597
2016 $3,497 $32,789 $6,259 $26,530
2015 -- $30,054 $5,737 $24,317
2014 -- $29,683 $5,666 $24,017
2013 -- $30,466 $5,815 $24,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11914963

Midwest Real Estate Data (MRED)

APN: 06-24-476-011