163 Summit Street

Elgin, IL 60120

$222,000
Last Sold Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Huge Lot 66' x 132' in the Historic Elgin area. A must see with lots of possibilities. Large driveway and open area to park your car or cars. Full unfinished basement. 2 Flat unit rental with large outdoor fenced yard. Leases are month-to-month. Owner has owned the property for 48 years. Bring your ideas to gut and change to a single family or keep as a rental income to have some extra cash. Property needs work. Corner bus stop Close to parks, school, downtown Historic Elgin, Gail Borden Library,...Huge Lot 66' x 132' in the Historic Elgin area. A must see with lots of possibilities. Large driveway and open area to park your car or cars. Full unfinished basement. 2 Flat unit rental with large outdoor fenced yard. Leases are month-to-month. Owner has owned the property for 48 years. Bring your ideas to gut and change to a single family or keep as a rental income to have some extra cash. Property needs work. Corner bus stop Close to parks, school, downtown Historic Elgin, Gail Borden Library, & Grand Victoria Casino. Sold AS IS. Agent related to owner.
  1. Listed by Emmy Kolovic • Coldwell Banker Realty

Sold By Casablanca

Property Details for 163 Summit Street

Area
Elgin
Township
Elgin
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
6.0
Num Of Cars
8.0
Heat/Fuel
Radiator(s)

Location

Add your commute
LISTING UPDATED: 03/08/2023 02:47 PM

Property Details for 163 Summit Street

StatusClosed
MLS #11466655
Days on Market235
Taxes$4,857 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1898
Lot Size0.20 AC / 8,712 SF
CountyKane County

Location

Add your commute

Building Information for 163 Summit Street

Stories-Residences2Year Built1898Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$1,616 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,212

Property Taxes

$405

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 163 Summit Street

General Information
School Information
  • Elementary School District: 46
  • Elementary School: Mckinley Elementary School
  • Jr High Middle School: Larsen Middle School
  • High School District: 46
  • High School: Elgin High School
  • Middle Or Junior School District: 46
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights
  • Basement Type: Full
  • Bedrooms Possible: 6
  • 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: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 66' X 132'
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding, Concrete
  • Roof Type: Shake
  • General Information: Commuter Bus,Historical District
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 25
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MONTH
Unit 2
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MONTH

Property History for 163 Summit Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 163 Summit Street

Taxable ValueLand$12,764Additions$48,402Total$61,166
Tax Record2022$5,304 ($442 / month)
Home Facts
Beds4Total Finished SqFt2,034 SqFtAbove Grade Finished SqFt2,034 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1898CountyKANEAPN06-11-484-005

Schools near 163 Summit Street

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

Larsen Middle School
Public7 to 8

Elgin High School
Public9 to 12

Central School Program
Public8 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

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.