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Elgin 60120 Northeast Elgin
1153 BLACKHAWK Drive
$325,000
● House - Off Market

1153 BLACKHAWK Drive

Elgin, IL 60120
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$2,004
Est. Monthly
11.40%
Cap Rate

About This Property

Beautiful recently rehabbed four-bedroom house with two baths, and a massive backyard offers spacious and comfortable living. The four bedrooms provide ample space for family members or guests. The lower level adds an extra dimension to the living space, potentially serving as a recreation room, or family room. The two bathrooms ensure convenience for the household, minimizing morning rush hours. The modern kitchen features quartz countertops, stainless appliances & breakfast eating table space. Let's not forget the oversized 2.5 car garage and the massive backyard, offering an outdoor oasis for relaxation, recreation, or entertaining guests.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$210
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1967

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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 #11961862)

Price History

Date / Event Date Event Price
Mar 6, 2024 Sold
Premium
Sold
Jan 15, 2024 Listed by RE/MAX LOYALTY $315,000
Listed by RE/MAX LOYALTY

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,520
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,303
  • Gross Building Area: 1,303
  • Building Area: 1,303
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,303
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACKHAWK MANOR/3RD ADD
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804313

Geography

  • District: 18
  • Parcel: 06-07-108-009-0000
  • Lot: 501
  • Meridian: SEC 07 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0585
  • Longitude: -88.2534

    Address

  • Full Address: 1153 Blackhawk Dr
  • Address - House Number: 1153
  • Address - Street Name: Blackhawk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C008
  • 4-Digit Zip Code: 2323
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $547,720
  • Tax Rate Code Area: 18015

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 310,226
  • High Value: 341,592
  • Low Value: 278,859

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $61,880
  • Market Improvement Value: $168,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $6,188
  • Assessed Improvements Value: $16,812

    Sales

  • Current Sale Contract Date: Mar 04, 2024
  • Current Sale Recording Date: Mar 15, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20606
  • Previous Sale Recording Date: Nov 22, 2019
  • Previous Sale Contract Date: Oct 22, 2019
  • Previous Sale Amount: $245,000
  • 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 Northeast Elgin

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1602 ft²

Average Home Age

59.3 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

Rentals Near You

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MRED

Listed by: Ana Sandoval, RE/MAX LOYALTY
Last Updated: 3 years ago
Data Source: MRED, MLS# 11961862
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 1153 Blackhawk Drive built and last sold?
The property at 1153 Blackhawk Drive was built in 1967 and last sold on Mar 4, 2024 for $325,000.
How much is this home worth?
The estimated value of the home located at 1153 Blackhawk Drive is $0.
What are some comparable homes to 1153 Blackhawk Drive?
There are currently no comparable homes to 1153 Blackhawk Drive.
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