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Algonquin 60102
120 N Main Street
$210,000
● House - Off Market

120 N Main Street

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$227,145
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Now available!!! 4-bedroom house in downtown Algonquin. On the upper level, there are two bedrooms with one bath full bathroom with the other two bedrooms downstairs with another full bath. Hardwood flooring through the living room, formal dining room, and bedrooms on the main level. Ample storage space with an unfinished basement (with washer/dryer) and two car attached garage. Additional room for parking in the long driveway. Centrally located near restaurants and shopping as well as walking distance to Riverfront Park located on the Fox River.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$140
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1942

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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 #11277571)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Nov 29, 2021 Listed by GC Realty and Development $210,000
Listed by GC Realty and Development

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 968
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,672
  • Lot Size Depth Feet: 1,320
  • Total Building Area: 2,468
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIG PLAT VILL OF ALGONQUIN
  • Land Acres: 0000000291
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0004716 LT 8 BLK 8 & SWLY1/2 VAC PARK ST VAC PER DOC 97R014542 LYING NELY OF & ADJ ORIG PLAT VILL OF ALGONQUIN MEMO: EQUITY TRUST CO CUSTODIAN FBO THOMAS MCCABE IRA

Neighborhood

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

Geography

  • Parcel: 19-27-380-002
  • Block: 8
  • Lot: 8
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1686
  • Longitude: -88.2909

    Address

  • Full Address: 120 N Main St
  • Address - House Number: 120
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C005
  • 4-Digit Zip Code: 2447
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $606,514
  • Tax Rate Code Area: 19T05

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 285,907
  • High Value: 329,084
  • Low Value: 242,730

    Market Valuation

  • Market Total Value: $212,169
  • Market Land Value: $87,132
  • Market Improvement Value: $125,037

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,723
  • Assessed Land Value: $29,044
  • Assessed Improvements Value: $41,679

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Feb 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4716
  • Previous Sale Recording Date: Sep 30, 2013
  • Previous Sale Contract Date: Sep 17, 2013
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: 68
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 Algonquin

Stats & Trends

Median Asking:

$423,045

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2467 ft²

Average Home Age

27.2 years

Currently For Sale

45 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 1381 Glacier Parkway, Algonquin, IL, 60102

$3,500 /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: Bryan Sonn, GC Realty and Development
Last Updated: 3 years ago
Data Source: MRED, MLS# 11277571
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 120 North Main Street built and last sold?
The property at 120 North Main Street was built in 1942 and last sold on Jan 21, 2022 for $210,000.
How much is this home worth?
The estimated value of the home located at 120 North Main Street is $0.
What are some comparable homes to 120 North Main Street?
There are currently no comparable homes to 120 North Main Street.
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