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Algonquin 60102 Merrill Algonquin Hills
1120 N Harrison Street
$324,500
● House - Off Market

1120 N Harrison Street

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,104 Ft²
$362,696
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Located on one of the prettiest mature tree lined streets in Algonquin you will enjoy this quality built custom 2100+ sq ft home on a picturesque third of an acre lot ~ Lots of curb appeal both inside and out ~ Separate formal living and dining areas ~ spacious eat-in kitchen with SS appliances (2012-2013) granite countertops open to the family room with masonry fireplace ~ Master suite with tray ceiling/oversized walk-in closet ~ Master bath with skylights/double sink ~ Generous sized secondary bedrooms all with ceiling fans ~ Full basement ready to be finished off to your liking ~ Huge deck to enjoy the semi private backyard ~ Bathrooms with newer fixtures ~ Whole house Generac system(2011), Furnace(2016),  AC(2017), HWH(2018), sump pump(2019), Water views, Walk to the park, restaurants, and shopping
Unit Size
2,104 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$152
Property Type
House
Property Taxes
$710
HOA Dues
$40
Year Built
1993

Payment Calculator

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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 #11178357)

Price History

Date / Event Date Event Price
Sep 15, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by RE/MAX Suburban $319,500
Listed by RE/MAX Suburban

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • 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: 1,011
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,951
  • Total Building Area: 3,115
  • Building Area: 2,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,104
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CO ALGONQUIN HILLS
  • Land Acres: 0000000205
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0051759 LT 14 BLK 39 MERRILL, F E & CO ALGONQUIN HILLS UNIT 3 MEMO: MITSVEN, JUSTIN M/THOMAS, KALI G

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871311

Geography

  • Parcel: 19-27-427-021
  • Block: 39
  • Lot: 14
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1741
  • Longitude: -88.2796

    Address

  • Full Address: 1120 N Harrison St
  • Legal Unit: 3
  • Address - House Number: 1120
  • Street Direction: N
  • Address - Street Name: Harrison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C002
  • 4-Digit Zip Code: 2350
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $893,258
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 414,748
  • High Value: 477,382
  • Low Value: 352,113

    Market Valuation

  • Market Total Value: $345,477
  • Market Land Value: $68,892
  • Market Improvement Value: $276,585

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,159
  • Assessed Land Value: $22,964
  • Assessed Improvements Value: $92,195

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0051759

    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 Merrill Algonquin Hills

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$174

Above Asking

0.00%

Average Days on Market

40

Average Home Size

1716 ft²

Average Home Age

21 years

Currently For Sale

1 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 1444 Seminole Road, Algonquin, IL, 60102

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,900 ft²
1444 Seminole Road, Algonquin, IL, 60102 Listing by Michael Mandile
Unit for rent at 1381 Glacier Parkway, Algonquin, IL, 60102

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,856 ft²
1381 Glacier Parkway, Algonquin, IL, 60102 Listing by Uver Perez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sharon Gidley, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11178357
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 1120 North Harrison Street built and last sold?
The property at 1120 North Harrison Street was built in 1993 and last sold on Sep 9, 2021 for $189,500.
How much is this home worth?
The estimated value of the home located at 1120 North Harrison Street is $322,695.
What are some comparable homes to 1120 North Harrison Street?
There are currently no comparable homes to 1120 North Harrison Street.
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