Check Availability

1426 Elgin Avenue

1426 Elgin Avenue, Forest Park, IL 60130
Property in Proviso
Sold Aug 25, 2016
$279,000
Seller
$209,250 by Perl Mortgage Inc
Mortgage Due Jul 01, 2046
1426 Elgin Avenue in Forest Park, IL was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 13 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1426 Elgin Avenue has 2,730 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,725 square feet.

Learn more about the property and building on this page. The roof of the home is made of slate. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1426 Elgin Avenue sold most recently in Jun 24, 2016 for a total of $279,000. If you work out the math, that's approximately a cost of $102.20 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,386 in taxes each year. 1426 Elgin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $41,000. If we break it down further, the land itself was valued at $3,544. Improvements to the property, however, were assessed at a total of $37,456. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 3
  • Business/Commerical Units Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,725
  • Total Building Area: 2,730
  • Gross Building Area: 2,730
  • Building Area: 2,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIZNERS ADD
  • Land Acres: 0.109
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: FRANK (TROOSTS) RESUB OF LTS1-48 OF BLK9 IN BRADISH & MIZNERS ADD TO RIVERSIDE IN SEC 24 SEC 24-39-12

Ownership

  • Current Owner : WHITE DAVID G
  • Previous Owner : CUBIC KAREN

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816100

Geography

  • District: 31
  • Parcel: 15-24-212-045-0000
  • Block: 9
  • Lot: 1-48
  • Meridian: SEC 24 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8604
  • Longitude: -87.805

    Address

  • Full Address: 1426 Elgin Ave
  • Address - House Number: 1426
  • Address - Street Name: Elgin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Forest Park
  • Carrier Code: C003
  • 4-Digit Zip Code: 2665
  • Zip Code: 60130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,386
  • Tax Rate Code Area: 31038

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 346,172
  • High Value: 398,421
  • Low Value: 293,922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,250
  • First Open Lien Mortgage Lender: PERL MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 25, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $209,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $35,440
  • Market Improvement Value: $374,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $3,544
  • Assessed Improvements Value: $37,456

    Sales

  • Current Sale Contract Date: Jun 24, 2016
  • Current Sale Recording Date: Aug 25, 2016
  • Current Sale Transaction ID: 1788033893
  • Current Sale Price: $279,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1623846084

    Last Sale Mortgage

  • First Mortgage Lender: PERL MORTGAGE INC
  • First Mortgage Transaction Date: Aug 25, 2016
  • First Mortgage Loan Amount: $209,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2046

    Financing

  • First Mortgage Financing Type: Unknown

About Forest Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 33 Rockford Avenue, Forest Park, IL, 60130

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
33 Rockford Avenue #3CW, Forest Park, IL, 60130 Listing by David Auffarth
Unit for rent at 3329 Wesley Avenue, Berwyn, IL, 60402

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
3329 Wesley Avenue #1, Berwyn, IL, 60402 Listing by Dee Savic

Frequently Asked Questions

What neighborhood is 1426 Elgin Avenue located in?
The 1426 Elgin Avenue is a located in the neighborhood of Proviso in Forest Park, Forest Park.
What is the average sales price for listings in 1426 Elgin Avenue?
The average sales price for units in 1426 Elgin Avenue is $0 currently.

Quantcast