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1170 Dundee Avenue

1170 Dundee Avenue, Elgin, IL 60120
Commercial in Northeast Elgin
Local assessors in Elgin, IL have categorized 1170 Dundee Avenue as a commercial type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 23,087 square feet. The linear feet between the front and back of the lot was measured at 2,390 ft and the front of the lot was measured at 970 ft. If we look only at the heated or air conditioned part of the building, then 1170 Dundee Avenue has a total of 19,584 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Jan 14, 2022 for $1,050,000. That's $53.62 per sqft. 1170 Dundee Avenue was last assessed in 2022. The total value of the property was assessed at $203,289. Specifically, the land the property is located on was valued at $56,533. While improvements on the property were assessed at a total of $146,756. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $17,627. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Cedar Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210706
07/06/2021
Loft
-
-
$1,300,000
bedrooms
Loft
bathrooms
-
$1,050,000 -19.23%
01/21/2022
Mary Hager-Swanson
Swanson Real Estate

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Business/Commerical Units Count: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Lot Size Depth Feet: 2,390
  • Lot Size Frontage Feet: 970
  • Total Building Area: 19,584
  • Gross Building Area: 19,584
  • Building Area: 19,584
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 19,584
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: RIVERSIDE PARK ADDN
  • Land Acres: 0.53
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: RIVERSIDE PARK ADDN LOT 4 (EXCEPT SOUTH 36.46 FT)

Ownership

  • Current Owner : VENEGAS ROBERTO
  • Current Owner 2: VENEGAS LIRIO
  • Previous Owner : FEIGER FAMILY PROPERTIES LLC
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 850800

Geography

  • Parcel: 06-01-479-016
  • Block: 1
  • Lot: 4
  • Municipality: ELGIN
  • Latitude: 42.059
  • Longitude: -88.2671

    Address

  • Full Address: 1170 Dundee Ave
  • Address - House Number: 1170
  • Address - Street Name: Dundee
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C025
  • 4-Digit Zip Code: 2298
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,627
  • Tax Rate Code Area: EL005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $787,500
  • First Open Lien Mortgage Lender: TBK BANK SSB
  • First Open Lien Mortgage Recording Date: Jan 21, 2022
  • First Open Lien Mortgage Loan Amount: $787,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 14, 2027

    Market Valuation

  • Market Total Value: $610,111
  • Market Land Value: $169,667
  • Market Improvement Value: $440,444

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $203,289
  • Assessed Land Value: $56,533
  • Assessed Improvements Value: $146,756

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Transaction ID: 11877615159
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 4187

    Last Sale Mortgage

  • First Mortgage Lender: TBK BANK SSB
  • First Mortgage Transaction Date: Jan 21, 2022
  • First Mortgage Loan Amount: $787,500
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jan 14, 2027

About Northeast Elgin



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1170 Dundee Avenue located in?
The 1170 Dundee Avenue is a commercial located in the neighborhood of Northeast Elgin in Northeast Elgin, Elgin.
What is the average sales price for listings in 1170 Dundee Avenue?
The average sales price for units in 1170 Dundee Avenue is $1,300,000 currently.

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