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Elgin 60123 College Park McIntosh
10N800 2nd Street
$170,900
● House - Off Market

10N800 2nd Street

ELGIN, IL 60123
bedrooms
2 Beds
bathrooms
1 Bath
square feet
920 Ft²
$274,525
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Enjoy being in unincorporated Elgin but close to town.  Fantastic 4 car garage (TANDEM) with plenty of room for the tradesman and upstairs storage 32' x 16'.  Garage doors are 8 feet high -- perfect for the RV.  Wood burning stove in garage for heat.  New concrete patio overlooking backyard and garden.  New roof in 2015 with new gutters.  New furnace and C/A in 2012.  Kitchen has granite counter tops and new cabinets.  Remodeled in 2014.  Large family room with pad for wood burning stove.   First floor bathroom has Jacuzzi tub.  Main floor bedroom with slider to yard and french doors to family room.  Large upstairs bedroom with extra storage.
Unit Size
920 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$185
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1950

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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 #09491080)

Price History

Date / Event Date Event Price
May 19, 2017 Sold
Premium
Sold
Jan 31, 2017 Listed by Swanson Real Estate $169,900
Listed by Swanson Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 12
  • Heating: 0
  • Heated Square Feet: 900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX RIVER HILLS
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: FOX RIVER HILLS EXCEPT NORTH EASTERLY PART DESC IN BOOK 1723/231 MAP 1 LOT 17

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851908

Geography

  • Parcel: 06-21-229-006
  • Lot: 17
  • Municipality: ELGIN
  • Latitude: 42.0262
  • Longitude: -88.3223

    Address

  • Full Address: 10n800 2nd St
  • Address - House Number: 10n800
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C049
  • 4-Digit Zip Code: 5824
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $331,884
  • Tax Rate Code Area: EL006

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 207,674
  • High Value: 236,520
  • Low Value: 178,827

    Market Valuation

  • Market Total Value: $142,839
  • Market Land Value: $53,929
  • Market Improvement Value: $88,911

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,594
  • Assessed Land Value: $17,969
  • Assessed Improvements Value: $29,625

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2017
  • Current Sale Recording Date: May 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K026764

    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:

$299,896

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1860 ft²

Average Home Age

54.4 years

Currently For Sale

15 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 542 N Crystal Avenue, Elgin, IL, 60123

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 1,033 ft²
542 N Crystal Avenue #542, Elgin, IL, 60123 Listing by Brian Overheidt
Unit for rent at 540 N Crystal Avenue, Elgin, IL, 60123

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,033 ft²
540 N Crystal Avenue #540, Elgin, IL, 60123 Listing by Brian Overheidt

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Swanson Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 09491080
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 10N800 2nd Street built and last sold?
The property at 10N800 2nd Street was built in 1950 and last sold on May 19, 2017 for $171,000.
How much is this home worth?
The estimated value of the home located at 10N800 2nd Street is $173,552.
What are some comparable homes to 10N800 2nd Street?
There are currently no comparable homes to 10N800 2nd Street.
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