Property Details
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This charming property is situated at 466 Standish Street, Elgin, IL 60123. This residential property, built in 1903, is located in the C & W H Kimball's Addition subdivision and boasts an assessed value of $155,523. The property offers 2 bedrooms and 2 bathrooms with 988 sq ft of living space. The lot size is 6008.00 sq ft and the property features a commercial AC and no heating system. In 2017, it sold for $132,000.00 and is currently assessed at $51,841.00 with improvements valued at $39,722.00.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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