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Elgin 60120 Northeast Elgin
1199 Shawford Way
$390,000
● House - Off Market

1199 Shawford Way

Elgin, IL 60120
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,628 Ft²
$411,025
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Beautiful and spacious two-story home on a premium corner lot.  1st floor master bedroom! This 2600 sq ft home has vaulted ceilings with rare sky lights that bring in an abundance of natural light.  Bring your ideas to a deep 9ft pour basement (rough in plumbing). Huge backyard that includes fruit bearing trees (5 apple, 2 grape vines, 1 persimmon, 1 cherry) and a berry garden.  Come see this today!
Unit Size
2,628 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
$654
HOA Dues
$30
Year Built
2005

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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 #11137066)

Price History

Date / Event Date Event Price
Jan 10, 2022 Sold
Premium
Sold
Nov 21, 2021 Listed by Compass $380,000
Listed by Compass

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,312
  • Total Building Area: 2,628
  • Gross Building Area: 2,628
  • Building Area: 2,628
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRINCETON WEST PH 02
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

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

Geography

  • District: 18
  • Parcel: 06-06-209-018-0000
  • Lot: 38
  • Municipality: HANOVER
  • Latitude: 42.0604
  • Longitude: -88.2459

    Address

  • Full Address: 1199 Shawford Way Dr
  • Address - House Number: 1199
  • Address - Street Name: Shawford Way
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: R056
  • 4-Digit Zip Code: 5025
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,035,009
  • Tax Rate Code Area: 18127

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 372,972
  • High Value: 410,683
  • Low Value: 335,262

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $79,180
  • Market Improvement Value: $290,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $7,918
  • Assessed Improvements Value: $29,082

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2205920128
  • Previous Sale Recording Date: Sep 05, 2006
  • Previous Sale Contract Date: Aug 10, 2006
  • Previous Sale Amount: $411,500
  • 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 Northeast Elgin

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1518 ft²

Average Home Age

62.4 years

Currently For Sale

21 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 920 Fairfax Court, Elgin, IL, 60120

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,980 ft²
920 Fairfax Court, Elgin, IL, 60120 Listing by Matthew Lysien

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Raymund Gamaro, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11137066
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 1199 Shawford Way built and last sold?
The property at 1199 Shawford Way was built in 2005 and last sold on Dec 15, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 1199 Shawford Way is $0.
What are some comparable homes to 1199 Shawford Way?
There are currently no comparable homes to 1199 Shawford Way.
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