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Elburn 60119
1177 PATTEE Avenue
$405,000
● House - Off Market

1177 PATTEE Avenue

Elburn, IL 60119
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,871 Ft²
$399,003
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Beautiful 4 bed, 2.5 bath, large loft and den/office, located in Blackberry Creek subdivision.  Open floor plan with large kitchen, upgraded appliances, stone counter tops, white cabinetry, double oven, large island.  Large laundry/mud room.   Hardwood floors throughout 1st floor and stairs to the 2nd level.  Primary bedroom is beautiful with large private bathroom with separate shower and bath, double separate vanities/sinks with huge walk-in closet.  Basement is unfinished with 9 ft. ceilings and the back yard is fenced.  Forest Preserves, Golf Courses, Bark Park and Nature Trails nearby.  Interstate access is less than 10 minutes away.
Unit Size
2,871 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$136
Property Type
House
Property Taxes
$710
HOA Dues
$24
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11418336)

Price History

Date / Event Date Event Price
Jul 11, 2022 Sold
Premium
Sold
Jun 8, 2022 Listed by Baird & Warner Fox Valley - Geneva $390,000
Listed by Baird & Warner Fox Valley - Geneva

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,242
  • Garage Type: 7
  • Garage Square Area: 615
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,602
  • Total Building Area: 2,871
  • Gross Building Area: 2,871
  • Building Area: 2,871
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,871
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACKBERRY CREEK SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: BLACKBERRY CREEK SUB UNIT NO 11 LT 344

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 854507

Geography

  • Parcel: 11-09-110-011
  • Lot: 344
  • Municipality: BLACKBERRY
  • Latitude: 41.8776
  • Longitude: -88.452

    Address

  • Full Address: 1177 Pattee Ave
  • Legal Unit: 11
  • Address - House Number: 1177
  • Address - Street Name: Pattee
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elburn
  • Carrier Code: R003
  • 4-Digit Zip Code: 7836
  • Zip Code: 60119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $901,330
  • Tax Rate Code Area: BB030

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 442,116
  • High Value: 511,285
  • Low Value: 372,947

    Market Valuation

  • Market Total Value: $302,410
  • Market Land Value: $42,668
  • Market Improvement Value: $259,742

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,763
  • Assessed Land Value: $14,217
  • Assessed Improvements Value: $86,546

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35993
  • Previous Sale Recording Date: Sep 10, 2015
  • Previous Sale Contract Date: Aug 27, 2015
  • Previous Sale Amount: $260,000
  • 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 Elburn

Stats & Trends

Median Asking:

$435,950

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

39

Average Home Size

2631 ft²

Average Home Age

10.7 years

Currently For Sale

22 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 780 Simpson Avenue, Elburn, IL, 60119

$3,115 /mo

  • 3 Beds
  • 2 Baths
  • 1,668 ft²
780 Simpson Avenue, Elburn, IL, 60119 Listing by Bill Flemming
Unit for rent at 870 Station Boulevard, Elburn, IL, 60119

$3,115 /mo

  • 3 Beds
  • 2 Baths
  • 1,668 ft²
870 Station Boulevard, Elburn, IL, 60119 Listing by Bill Flemming

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kathleen O'Brien, Baird & Warner Fox Valley - Geneva
Last Updated: 3 years ago
Data Source: MRED, MLS# 11418336
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 1177 Pattee Avenue built and last sold?
The property at 1177 Pattee Avenue was built in and last sold on Jun 30, 2022 for $405,000.
How much is this home worth?
The estimated value of the home located at 1177 Pattee Avenue is $0.
What are some comparable homes to 1177 Pattee Avenue?
There are currently no comparable homes to 1177 Pattee Avenue.
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