Sold for $875,000

$875,000

865 Summit St, Elgin, IL 60120

0beds

0baths

10,292sqft

SingleFamily

Built in 1969

1.81 Acres Lot

$983,500 Zestimate^®

$85/sqft

$2,278 Estimated rent

Home value

$983,500

$856,000 - $1.12M

$2,278/mo

Zestimate^® history

Owner options

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$2,278/mo

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$2,278/mo

Rent Zestimate^®

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$6,227/mo

Est. payment

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$6,227/mo

Est. payment

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What's special

Motivated seller to settle estate. Ideal for multi-store or multi-office operation. Make offer. 1.8 acres - 6500 s.f. retail/office, plus 3 br - 2ba home in rear, plus 4 car garage w/ 18 ft doors. Existing parking for 20+ cars

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 0

Heating

Forced air

Cooling

Central

Features

Basement: Partially finished
Has fireplace: Yes

Interior area

Total interior livable area: 10,292 sqft

Property

Parking

Parking features: Garage - Attached

Lot

Size: 1.81 Acres

Details

Parcel number: 0607302014

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Roof: Shake / Shingle

Condition

Year built: 1969

Community & HOA

Location

Region: Elgin

Financial & listing details

Price per square foot: $85/sqft
Tax assessed value: $510,000
Annual tax amount: $15,260

Price history

Date	Event	Price
10/10/2024	Sold	$875,000+163.6%$85/sqft
Source: Public Record Report a problem
1/14/2016	Sold	$332,000-17%$32/sqft
Source: Public Record Report a problem
7/10/2014	Listing removed	$399,900$39/sqft
Source: Premier Living Properties - IL #08601670 Report a problem
4/19/2014	Price change	$399,900-9.1%$39/sqft
Source: Premier Living Properties - IL #08601670 Report a problem
3/1/2014	Listed for sale	$439,900-7.4%$43/sqft
Source: Premier Living Properties - IL #08382477 Report a problem
11/16/2012	Listing removed	$475,000$46/sqft
Source: Coldwell Banker Honig-Bell #07947176 Report a problem
11/15/2012	Listed for sale	$475,000$46/sqft
Source: Coldwell Banker Honig-Bell #07947176 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$15,260 +3.9%	$51,000 0%
2023	$14,681 +2.9%	$51,003
2022	$14,268 +27.9%	$51,003 +57.5%
2021	$11,159 +0.6%	$32,384
2020	$11,089 -3.9%	$32,384 -14%
2019	$11,542 +2.3%	$37,656 +13.4%
2018	$11,280 +0.3%	$33,200
2017	$11,245 +6.3%	$33,200
2016	$10,580 -28.6%	$33,200 -21.3%
2015	$14,813 +3.2%	$42,163
2014	$14,347 -55.4%	$42,163 -56.9%
2013	$32,197 +3.4%	$97,828 -5.9%
2012	$31,147 +7.3%	$103,938
2011	$29,039 -1.1%	$103,938
2010	$29,357 -20.8%	$103,938 -29.7%
2009	$37,084 +106.3%	$147,813 -7%
2008	$17,980 -4%	$158,939
2007	$18,726	$158,939