573 Prospect St

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is the one you've been looking for - not just your average 2-flat (2486 sq feet + 1365 in basement). 3 bedroom upper unit and 1 bedroom lower (potential for 2nd). Currently host long term tenants on a month to month lease (one family occupies both units). Full/partially finished basement with adidtional rooms. Fenced in yard & a 2-car detached garage. Property may qualify for city of elgin grant to deconvert into single family house or leave as a 2unit investment property. --st. Francis park...This is the one you've been looking for - not just your average 2-flat (2486 sq feet + 1365 in basement). 3 bedroom upper unit and 1 bedroom lower (potential for 2nd). Currently host long term tenants on a month to month lease (one family occupies both units). Full/partially finished basement with adidtional rooms. Fenced in yard & a 2-car detached garage. Property may qualify for city of elgin grant to deconvert into single family house or leave as a 2unit investment property. --st. Francis park located just steps away from property (play area for the kids - tennis courts - walking path and much more). Dont let this oppurtunity pass you by ... Won't last Sold as is
  1. Listed by Esther Zamudio • Zamudio Realty Group
    P: (847)-429-4228 C: (847)-508-7500 esther@zamudiorealtygroup.com

Sold By Zamudio Realty Group

Property Details for 573 Prospect Street

Area
Elgin
Township
Elgin
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
Yes
Heat/Fuel
Hot Water/Steam
Architectural Style
Victorian
LISTING UPDATED: 06/05/2021 04:56 PM

Property Details for 573 Prospect Street

StatusClosed
MLS #11069103
Days on Market18
Taxes$5,593 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1889
Lot Size0.20 AC / 8,712 SF
CountyKane County

Location

Add your commute

Building Information for 573 Prospect Street

Stories-Residences2Year Built1889Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$1,368 per month

30 year fixed, 6.15% Interest

Principal and Interest

$902

Property Taxes

$466

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 573 Prospect Street

General Information
School Information
  • Elementary School District: 46
  • High School District: 46
  • Middle Or Junior School District: 46
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 9
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved, Other
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Partially Finished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Corner Lot
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 66X132
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Frame
  • Roof Type: Asphalt
  • General Information: None
  • North Coordinate: 12
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 33
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 1
  • Document Date: 2021-04-28T20:28:16
  • Photos Count: 10
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 5
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: Electric, Gas
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 5
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator
  • Sec Deposit $ - Unit 2: 0
  • Tenant Pays - Unit 2: Electric, Gas

Property History for 573 Prospect Street

DateEvent & SourcePriceAppreciation
Jun 4, 2021

Sold

MRED #11069103

$185,000
May 17, 2021

Listed (Active)

MRED #11069103

$199,900
May 15, 2021

Pending

MRED #11069103

Apr 28, 2021

Listed (Active)

MRED #11069103

$199,900
Jun 3, 2020

Sold (Public Record)

Public Record #1466697304

$185,000

+7.3% / yr

Sep 4, 2015

Cancelled

MRED #08986838

$149,000
Sep 4, 2015

Cancelled

MRED #08971645

$149,000
Jul 18, 2015

Listed (Active)

MRED #08986838

$159,000
Jul 2, 2015

Listed (Active)

MRED #08971645

$159,000
Jun 17, 2010

Sold

MRED #07399396

$91,000
Apr 19, 2010

Sold (Public Record)

Public Record #291441676

$91,000

-22.9% / yr

Dec 27, 2009

Pending

MRED #07399396

Dec 16, 2009

Listed (Active)

MRED #07399396

$99,000
Oct 3, 2006

Sold (Public Record)

Public Record #203927136

$229,000
DateEvent & SourcePrice
06/04/2021

Sold

MRED #11069103

$185,000
05/17/2021

Listed (Active)

MRED #11069103

$199,900
05/15/2021

Pending

MRED #11069103

04/28/2021

Listed (Active)

MRED #11069103

$199,900
06/03/2020

Sold (Public Record)

Public Record #1466697304

$185,000

+7.3% / yr

09/04/2015

Cancelled

MRED #08986838

$149,000
09/04/2015

Cancelled

MRED #08971645

$149,000
07/18/2015

Listed (Active)

MRED #08986838

$159,000
07/02/2015

Listed (Active)

MRED #08971645

$159,000
06/17/2010

Sold

MRED #07399396

$91,000
04/19/2010

Sold (Public Record)

Public Record #291441676

$91,000

-22.9% / yr

12/27/2009

Pending

MRED #07399396

12/16/2009

Listed (Active)

MRED #07399396

$99,000
10/03/2006

Sold (Public Record)

Public Record #203927136

$229,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 573 Prospect Street

Taxable ValueLand$20,147Additions$64,369Total$84,516
Tax Record2024$6,764 ($564 / month)
Home Facts
Beds3Total Finished SqFt2,486 SqFtAbove Grade Finished SqFt2,486 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1889CountyKANEAPN06-12-353-001Fireplace TypeHas Fireplace

Schools near 573 Prospect Street

This home is within School District U-46.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Mckinley Elementary School
PublicK to 6

Larsen Middle School
Public7 to 8

Elgin High School
Public9 to 12

Central School Program
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Zamudio Realty Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/05/2021 04:56 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.