ClosedPrice Reduced

$235,000

$285,000
254 Moseley Street, Elgin, IL 60123
4 Beds2 Baths0 sqft27 days
254 Moseley Street·Elgin, IL 60123
4Bedrooms
2Bathrooms
0Sq Ft
1921Year Built
About This Home

Pre foreclosure sale. Move in ready just needs some minor repairs. A loan won't stop it at this point, only a TRO or reinstatement of the $27,806 or full pay off amount of course before Feb 15 24. CASH OR OWNER FINANCING ONLY OPTIONS NOW. Owner Financing (seller financing) terms would be $27,806 deposit down to reinstate the mortgage note and shut the bank up, (current through Feb 14) with a historic 3.125% rate... your mortgage to seller would be just that plus $200/mth for example. Your actual monthly mortgage through a seller financing contract would be $1444.89 (that's PITI). Please include payment to brokers on your deposit down ($3k for me + $3k for buyer agent = $6k - or give us something for doing our job) total would be $33,806. ARV on my comps for this neighborhood is $280k. Auction is gonna start at $254k. I'm selling it to you cheaper here! City is trying to eat off this...let's stop it! My rental comps are around $1800-$2000 for a home like this when it's cleaned up if you want to buy and hold. Or buy deep clean and let me list it later for you for higher ARV and I'm seeing $280k - $270k. Roof is 8 years old HVAC/Heater works well. I have a General Contractor quote in hand for $1,050 which is all it needs to fix the house. House was sold in 2021 for 224k. You're walking into equity on this steal of a deal. Nothing wrong with the home besides minor repairs and a deep clean. Vintage 4 Bedroom Bungalow style home features a huge covered front porch. Original woodwork and beautiful refinished hardwood floors through-out. There's a first floor master, and the upstairs bedrooms are all generously sized with huge closets! Many of the windows have been replace with period appropriate Marvin windows. Roof 8yrs old. Recently added a beautiful brick paver patio. Ecobee thermostat and ring doorbell. Great location near the train station, Rt 20 and Rt 90. You will fall in love with the character and space this home has to offer. Seller may be home during showings. Contact your agent for a tour!

MLS# 11960568Listed January 12, 2024Residential
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms8

Size & Structure

Living Area0 sqft
Garage Spaces2
Year Built1921
Lot Size0.100 acres

Location

CountyKane
TownshipElgin
Zip Code60123

Financial

List Price$235,000
Original Price$285,000
Annual Taxes (2022)$4,745
Monthly Tax Est.$395
Parcel #0623202008
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerStainless Steel Appliance(s)Humidifier

Flooring

HardwoodLaminate

Heating

Natural GasForced Air

Cooling

Central Air

Basement

UnfinishedFull

Laundry

Gas Dryer HookupSink
Exterior & Lot

Roof

Asphalt

Patio & Porch

PorchPatio
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers

Parking

Garage Door OpenerTandemOn SiteGarage OwnedDetachedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None
Schools
Middle School
Abbott Middle School
District: 46
High School
Larkin High School
District: 46
Tax & Financial
Annual Taxes
$4,745
Tax Year 2022
Monthly Tax Est.
$395
per month
Price Reduced by $50,000
Original list price: $285,000
Property Location

254 Moseley Street, Elgin, IL 60123Kane County

$235,000
254 Moseley Street
4 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
27 days on market
2-car garage
0.100 acres
$4,745/yr taxes
$0 HOA (not applicable)
Price reduced $50,000
$1,630
estimated monthly payment
Principal & Interest
$1,235/mo
Property Tax
$395/mo
$235,000
20% — $47,000
3%50%
6.875%
3%12%
Loan Amount
$188,000
Down Payment
$47,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Worth Clark Realty
Agent: Chad Bradshaw
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Elgin and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.