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344 McClure Avenue

344 McClure Avenue, Elgin, IL 60123
Multifamily in Grant Park
Local assessors in Elgin, IL have categorized 344 McClure Avenue as a residential type of property. The home was built in 1903 and is 121 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,410 ft and the front of the lot was measured at 540 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 344 McClure Avenue has a total of 1,834 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 344 McClure Avenue was last sold in May 18, 2021 for $299,000. According to our calculations, that's $105.73 per sqft. Prior to that sales transaction, the property was sold for $165,000 in May 15, 2020. Current property owners are expected to pay $6,351 in taxes per year. The property on 344 McClure Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $79,238. To break that down further, the land itself was valued at $13,484. While improvements to the property were assessed at a total of $65,754. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200323
03/23/2020
4 Bed
-
-
$185,000
bedrooms
4 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 994
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,828
  • Gross Building Area: 2,828
  • Building Area: 1,834
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,834
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCLURES 3RD ADDN
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCCLURES 3RD ADDN LOT 2 & PART OF ALLEY

Ownership

  • Current Owner : BURKE ADAM T
  • Current Owner 2: RYAN ASHLEY M
  • Previous Owner : GRITZMAN SEAN
  • Owner Before Previous Owner: WILSON JAMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851102

Geography

  • Parcel: 06-14-110-031
  • Lot: 2
  • Municipality: ELGIN
  • Latitude: 42.0417
  • Longitude: -88.297

    Address

  • Full Address: 344 Mcclure Ave
  • Address - House Number: 344
  • Address - Street Name: Mcclure
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C074
  • 4-Digit Zip Code: 3520
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,351
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 310,396
  • High Value: 353,511
  • Low Value: 267,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,030
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $290,030
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $237,809
  • Market Land Value: $40,468
  • Market Improvement Value: $197,341

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,238
  • Assessed Land Value: $13,484
  • Assessed Improvements Value: $65,754

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11836451880
  • Current Sale Price: $299,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K040865
  • Previous Sale Recording Date: Jun 09, 2020
  • Previous Sale Contract Date: May 15, 2020
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $290,030
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Northwest Elgin



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Nearby Rentals

Unit for rent at 267 College Street, Elgin, IL, 60120

$2,599 /mo

  • 4 Beds
  • 2 Baths
  • 1,950 ft²
267 College Street, Elgin, IL, 60120 Listing by Joe Whiteside

Frequently Asked Questions

What neighborhood is 344 McClure Avenue located in?
The 344 McClure Avenue is a multifamily located in the neighborhood of Grant Park in Northwest Elgin, Elgin.
What is the average sales price for listings in 344 McClure Avenue?
The average sales price for units in 344 McClure Avenue is $0 currently.

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