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Elgin 60123 Southwest Elgin
Undisclosed Address
$254,900
● House - Off Market

Undisclosed Address

Elgin, IL 60123
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,931 Ft²
$280,825
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Beautiful Huge house in good conditions, Freshly painted. Excellent for a big family. Four bedrooms, 2.1 bathrooms. Hardwoods flooring on living and dinning rooms. Laminate floors in bedrooms. Ceramic floors on Kitchen, granite countertops. Newer cabinets and newer stove, dishwasher and microwave. Ceiling fans in almost all rooms. Full finished basement with a full bathroom and extra bedroom. A lot of storage. Big walking closet/storage upstairs. 2.1 garage with work room. Big driveway for many cars. Many things to list them. Come and show it, you won't be disappointed. FHA, CONVENTIONAL, VA, CASH.
Unit Size
1,931 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$132
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1952

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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 #11261759)

Price History

Date / Event Date Event Price
Dec 23, 2021 Sold
Premium
Sold
Nov 3, 2021 Listed by Diamond Homes Realty $254,900
Listed by Diamond Homes Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 500
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,287
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 3,218
  • Gross Building Area: 3,218
  • Building Area: 1,931
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,931
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: S WILCOXS 2ND ADDN
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: S WILCOXS 2ND ADDN LOT 11 BLOCK 5

Neighborhood

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

Geography

  • Parcel: 06-14-356-002
  • Block: 5
  • Lot: 11
  • Municipality: ELGIN
  • Latitude: 42.0317
  • Longitude: -88.2989

    Address

  • Full Address: 107 Mallery Ave
  • Address - House Number: 107
  • Address - Street Name: Mallery
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C083
  • 4-Digit Zip Code: 6105
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $633,028
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.0879
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 239,862
  • High Value: 260,963
  • Low Value: 218,760

    Market Valuation

  • Market Total Value: $237,107
  • Market Land Value: $42,998
  • Market Improvement Value: $194,109

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,004
  • Assessed Land Value: $14,327
  • Assessed Improvements Value: $64,677

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022K000162
  • Previous Sale Recording Date: Apr 03, 1998
  • Previous Sale Contract Date: Mar 30, 1998
  • Previous Sale Amount: $138,000
  • 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 Southwest Elgin

Stats & Trends

Median Asking:

$299,500

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1793 ft²

Average Home Age

57.1 years

Currently For Sale

17 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

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MRED

Listed by: Rafael Mezo, Diamond Homes Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11261759
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 107 Mallery Avenue built and last sold?
The property at 107 Mallery Avenue was built in 1952 and last sold on Dec 17, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 107 Mallery Avenue is $262,998.
What are some comparable homes to 107 Mallery Avenue?
There are currently no comparable homes to 107 Mallery Avenue.
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