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Sold on 02/26/2008
Leticia Lara of RE/MAX Unlimited Northwest
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408 Center St, Elgin, IL 60120

$295,000

Last sold 02/26/2008 after 40 Days

  • 5

    bed

  • —

    bath

Multi-family not for sale
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About 408 Center St

Property type Multi-family
Neighborhood
Year built 1915
HOA fee $0/month
Lot size 0.25 Acre
Parking 4 garage spaces
Rental estimate
Property description
Superb "4 unit" building has been in same family over 20 years. Could raise rent.. . All units totally updated & freshly painted w/top-of-the line material. Pergo floors,ceramic kitchens & baths. All appl; full basement. Seperate gas & elec paid by tenants. Central air in 3 of 4 units. 2 of 4 garages are used by seller; hence another $100 a month or morein income. Cement drive; dog kennel, roof 5yr. Furnance 5 yrs.
Listed by
Listing Agent - Leticia Lara
Listing Office - RE/MAX Unlimited Northwest
Source: MRED mls logo
MLS#06775991 • last updated 5 years ago
Movoto checked MRED for data 8 minutes ago
Overview
Levels/Style American 4-Sq.
MLS # 6775991
Virtual Tour N/A
SubType 4 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.25
Property Tax $ 6387.29
Year Built 1915
Interior
Total # of Rooms 13
Exterior
Foundation Concrete Perimeter
Roof Asphalt
# Garage Spaces 4
Fencing Fenced
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 4
Location
Area Elgin
County Kane
Elementary School District 46
Middle School District 46
High School District 46
APN 612360009
Zoning OTHER
Multifamily Details
Expense: Insurance 1000
Expense: Other 8387
Net Operating Income 24013
Expense: Water/ Sewer 600
Total Rental Income 32400
We are not permitted to show value estimates for this property.
  • Apr 2008
    Public Records
  • Apr 25, 2008 Sold
    $295,000
  • Mar 2008
    mls logo MLS # 06775991
  • Mar 27, 2008 Sold
    $295,000 (-7.5%)
  • Jan 17, 2008 Listed
    $319,000 (-3.0%)
  • Jan 2008
    mls logo MLS # 06775936
  • Jan 17, 2008 Cancelled
    —
  • Jan 17, 2008 Listed
    $329,000
  • Jan 2008
    mls logo MLS # 06773474
  • Jan 17, 2008 Cancelled
    —
  • Jan 15, 2008 Listed
    $329,000 (-8.6%)
  • Sep 2007
    mls logo MLS # 06565406
  • Sep 18, 2007 Cancelled
    —
  • Jun 25, 2007 Listed
    $359,900
  • Year Property taxes Tax assessment
  • 2025
    $9,188 +3.5%
    $110,925
  • 2024
    $8,877 +3.9%
    $110,925 +10.69%
  • 2023
    $8,543 +16.8%
    $100,212 +18.81%
  • 2022
    $7,314 +4.0%
    $84,345 +6.96%
  • 2021
    $7,035 +2.5%
    $78,856 +4.75%
  • 2020
    $6,866 +2.5%
    $75,280 +4.98%
  • 2019
    $6,697 +0.3%
    $71,709 +6.15%
  • 2018
    $6,679 -99.0%
    $67,554 +5.78%
  • 2017
    $656,854 +10295.2%
    $63,863 +7.79%
  • 2016
    $6,319
    $59,248
  • 408 Center St
    $295K
  • Northeast Elgin
    $349K +16% y/y
  • 60120
    $319K +16% y/y
  • Elgin
    $399K +6% y/y
No chart available
Statistics calculated by Movoto

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3/10
Ronald D O'Neal Elementary School
public Grades K-6
School District U-46
2/10
Kimball Middle School
public Grades 7-8
School District U-46
2/10
Larkin High School
public Grades 9-12
School District U-46
Source: GreatSchools.org © 2026. All rights reserved.

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