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Elgin 60120 Northeast Elgin
1000 Logan Avenue
$270,000
● House - Off Market

1000 Logan Avenue

Elgin, IL 60120
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,568 Ft²
$265,344
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Wow! Great curb appeal! All brick American 4-square located on a deep oversized corner lot! Large covered front porch great for summer nights! Upgraded kitchen with Corian countertops, pendant lighting and butler swing door to separate dining room with crown molding! Living room with decorative built-in fireplace, crown molding and hardwood floors! Sun filled side sun porch great for office or sitting area! Master bedroom with large walk-in closet with built-ins! Gracious size secondary bedrooms! Full, partially finished basement with rec room with stone fireplace, full bath and storage area! New furnace 2022! Lots of charm and character! Owners are busy packing up!  Close to I-90!
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$169
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11747411)

Price History

Date / Event Date Event Price
Jun 20, 2023 Sold
Premium
Sold
Apr 12, 2023 Listed by RE/MAX Horizon $264,900
Listed by RE/MAX Horizon

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 848
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,814
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,416
  • Gross Building Area: 2,416
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROTE&CHURCHS 2ND ADDN
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: GROTE & CHURCHS 2ND ADDN LOT 20 BLOCK 2

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 850800

Geography

  • Parcel: 06-12-133-025
  • Block: 2
  • Lot: 20
  • Municipality: ELGIN
  • Latitude: 42.0552
  • Longitude: -88.2757

    Address

  • Full Address: 1000 Logan Ave
  • Address - House Number: 1000
  • Address - Street Name: Logan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C004
  • 4-Digit Zip Code: 2952
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $632,038
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 288,944
  • High Value: 336,267
  • Low Value: 241,622

    Market Valuation

  • Market Total Value: $236,765
  • Market Land Value: $48,640
  • Market Improvement Value: $188,124

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,890
  • Assessed Land Value: $16,207
  • Assessed Improvements Value: $62,683

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20748
  • Previous Sale Recording Date: Apr 11, 2018
  • Previous Sale Contract Date: Apr 06, 2018
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northeast Elgin

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1497 ft²

Average Home Age

64.9 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1060 Stillwater Road, Elgin, IL, 60120

$2,050 /mo

  • 2 Beds
  • 2 Baths
  • 1,018 ft²
1060 Stillwater Road, Elgin, IL, 60120 Listing by David Erickson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Wisdom, RE/MAX Horizon
Last Updated: 3 years ago
Data Source: MRED, MLS# 11747411
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1000 Logan Avenue built and last sold?
The property at 1000 Logan Avenue was built in 1900 and last sold on Jun 16, 2023 for $270,000.
How much is this home worth?
The estimated value of the home located at 1000 Logan Avenue is $273,394.
What are some comparable homes to 1000 Logan Avenue?
There are currently no comparable homes to 1000 Logan Avenue.
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