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Elgin 60123 Southwest Elgin
1068 Carr Street
$217,000
● House - Off Market

1068 Carr Street

ELGIN, IL 60123
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,532 Ft²
$336,983
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Move in ready home in excellent condition! New windows with lifetime warranty, refurbished floors in all bedrooms and freshly painted in today's colors! Large living area w/ fireplace, custom built ins & window seat. Enjoy the flowers in the front courtyard from the dining room bay window!  Updated kitchen with maple cabinets and NEW stainless steel appliances. Sunroom/porch has new carpet and overlooks the yard with cherry and apple trees! Large full basement with finished rec room,  second fireplace ,bar, storage area and laundry room with new washer and dryer !  Incredible curb appeal with brick paver front porch, patio and landscaped yard with blooming flowers! Very well maintained home and truly turn key!
Unit Size
1,532 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$137
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1941

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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 #09593394)

Price History

Date / Event Date Event Price
Jun 9, 2017 Sold
Premium
Sold
Apr 13, 2017 Listed by Coldwell Banker Residential $209,900
Listed by Coldwell Banker Residential

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,532
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,936
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 980
  • Total Building Area: 3,064
  • Gross Building Area: 3,064
  • Building Area: 1,532
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,532
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASHINGTON HEIGHTS ADDN
  • Land Acres: 0000000297
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WASHINGTON HEIGHTS ADDN LOTS 9 & 10 BLOCK 34

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851101

Geography

  • Parcel: 06-15-481-007
  • Block: 34
  • Lot: 9,10
  • Municipality: ELGIN
  • Latitude: 42.031
  • Longitude: -88.3054

    Address

  • Full Address: 1068 Carr St
  • Address - House Number: 1068
  • Address - Street Name: Carr
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C083
  • 4-Digit Zip Code: 6179
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $644,056
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 310,680
  • High Value: 359,206
  • Low Value: 262,154

    Market Valuation

  • Market Total Value: $240,924
  • Market Land Value: $52,764
  • Market Improvement Value: $188,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,276
  • Assessed Land Value: $17,581
  • Assessed Improvements Value: $62,695

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2017
  • Current Sale Recording Date: Jun 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017K032109
  • Previous Sale Recording Date: Jun 19, 2014
  • Previous Sale Contract Date: May 27, 2014
  • Previous Sale Amount: $175,000
  • 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 Southwest Elgin

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1536 ft²

Average Home Age

54.7 years

Currently For Sale

19 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 25 Melrose Court, South Elgin, IL, 60177

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
25 Melrose Court, South Elgin, IL, 60177 Listing by Michael Caulfield

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09593394
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 1068 Carr Street built and last sold?
The property at 1068 Carr Street was built in 1941 and last sold on May 16, 2017 for $217,000.
How much is this home worth?
The estimated value of the home located at 1068 Carr Street is $0.
What are some comparable homes to 1068 Carr Street?
There are currently no comparable homes to 1068 Carr Street.
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