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85 South Crystal Street

85 South Crystal Street, Elgin, IL 60123
Property in Near West Elgin
85 South Crystal Street has been categorized by the local assessors in Elgin, IL as a vacant type of property. The building on the property was first built in 1972 and is 52 years old. The building has a total of 3 stories. In addition, 85 South Crystal Street has 11,340 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,360 ft and across the front of the lot is 2,550 ft. The area measurement of the land has been determined as 34,553 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Dec 13, 2021 for $1,225,000. That's $108.02 per sqft. Prior to that sales transaction, the property was also sold in Jul 18, 2018 for $960,000. 85 South Crystal Street was last assessed in 2022. The total value of the property was assessed at $383,224. Specifically, the land the property is located on was valued at $47,435. While improvements on the property were assessed at a total of $335,789. 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 $33,230. 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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 15
  • Business/Commerical Units Count: 15
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,553
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 2,550
  • Total Building Area: 11,340
  • Gross Building Area: 11,340
  • Building Area: 11,340
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 11,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: W C KIMBALLS ADDN
  • Land Acres: 0.793
  • Standard Land Use Code: Commercial-vacant land
  • Legal Description 1: W C KIMBALLS ADDN COUNT CLERKS SUB LOT 93 EXCEPT RR BLOCK 13

Ownership

  • Current Owner : OMAXE LLC
  • Previous Owner : CRYSTAL STAR LLC
  • Owner Before Previous Owner: GITA RAJ CORPORATION
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851600

Geography

  • Parcel: 06-14-429-005
  • Block: 13
  • Lot: 93
  • Municipality: ELGIN
  • Latitude: 42.0345
  • Longitude: -88.2866

    Address

  • Full Address: 85 S Crystal St
  • Address - House Number: 85
  • Street Direction: S
  • Address - Street Name: Crystal
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C058
  • 4-Digit Zip Code: 6386
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,230
  • Tax Rate Code Area: EL916

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $918,750
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Feb 08, 2022
  • First Open Lien Mortgage Loan Amount: $918,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,150,132
  • Market Land Value: $142,362
  • Market Improvement Value: $1,007,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $383,224
  • Assessed Land Value: $47,435
  • Assessed Improvements Value: $335,789

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Transaction ID: 11879273374
  • Current Sale Price: $1,225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7779
  • Previous Sale Recording Date: Jul 27, 2018
  • Previous Sale Contract Date: Jul 18, 2018
  • Previous Sale Amount: $960,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Feb 08, 2022
  • First Mortgage Loan Amount: $918,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MB FINANCIAL BANK NA
  • Previous Mortgage Transaction Date: Jul 27, 2018
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,462,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Southwest Elgin



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Frequently Asked Questions

What neighborhood is 85 South Crystal Street located in?
The 85 South Crystal Street is a located in the neighborhood of Near West Elgin in Southwest Elgin, Elgin.
What is the average sales price for listings in 85 South Crystal Street?
The average sales price for units in 85 South Crystal Street is $0 currently.

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