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Elburn 60119
1024 Pattee Avenue
$329,000
● House - Off Market

1024 Pattee Avenue

Elburn, IL 60119
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,365 Ft²
$377,027
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

From the minute you walk in the door you will be impressed! The white freshly painted kitchen has beautiful quartz counter tops. SS appliances and a huge island! The eating area is open to the dining room. This bright and open floor plan has 3 generous bedrooms and a large loft that can be used for an office, family room or converted into a fourth (4) bedroom. Full basement is ready to be finished. AN OVER SIZED 3 CAR GARAGE! Exceptional opportunity to own a home in Blackberry Creek. THIS HOME BACKS UP TO OPEN SPACE AND IS FULLY FENCED!  Only a short walk (2 blocks) to Blackberry Creek Elementary School. Minutes away from the  Elburn train station for an easy commute to downtown Chicago.
Unit Size
2,365 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$142
Property Type
House
Property Taxes
$684
HOA Dues
$25
Year Built
2007

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11199744)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Aug 31, 2021 Listed by @properties $335,000
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 985
  • Garage Type: 7
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,647
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 670
  • Total Building Area: 2,365
  • Gross Building Area: 2,676
  • Building Area: 2,365
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,365
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACKBERRY CREEK SUB
  • Land Acres: 0000000221
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: BLACKBERRY CREEK SUB UNIT NO 11 LT 306

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 854507

Geography

  • Parcel: 11-08-228-004
  • Lot: 306
  • Municipality: BLACKBERRY
  • Latitude: 41.8786
  • Longitude: -88.4548

    Address

  • Full Address: 1024 Pattee Ave
  • Legal Unit: 11
  • Address - House Number: 1024
  • Address - Street Name: Pattee
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elburn
  • Carrier Code: R003
  • 4-Digit Zip Code: 7821
  • Zip Code: 60119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $868,374
  • Tax Rate Code Area: BB030

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 400,146
  • High Value: 462,749
  • Low Value: 337,543

    Market Valuation

  • Market Total Value: $292,011
  • Market Land Value: $46,543
  • Market Improvement Value: $245,468

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $97,298
  • Assessed Land Value: $15,508
  • Assessed Improvements Value: $81,790

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K083800
  • Previous Sale Recording Date: Mar 31, 2014
  • Previous Sale Contract Date: Mar 28, 2014
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Elburn

Stats & Trends

Median Asking:

$432,000

Sale Price/ft²

$202

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2559 ft²

Average Home Age

14.7 years

Currently For Sale

23 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 774 Simpson Avenue, Elburn, IL, 60119

$2,890 /mo

  • 2 Beds
  • 2 Baths
  • 1,496 ft²
774 Simpson Avenue, Elburn, IL, 60119 Listing by Bill Flemming

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Macino, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11199744
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 1024 Pattee Avenue built and last sold?
The property at 1024 Pattee Avenue was built in 2007 and last sold on Oct 21, 2021 for $329,000.
How much is this home worth?
The estimated value of the home located at 1024 Pattee Avenue is $0.
What are some comparable homes to 1024 Pattee Avenue?
There are currently no comparable homes to 1024 Pattee Avenue.
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