29
Map
$294,900
●
House -
In Contract
1270 Van Street
Elgin, IL 60123
2 Beds
2 Baths
2,298 Ft²
$1,936
Est. Monthly
About This Property
There's so much to love about this welcoming ranch on a corner lot,
with a classic brick-and-siding exterior! Step inside to a
comfortable living room where a cozy fireplace sets the scene for
quiet evenings at home. The main floor offers an eat-in kitchen,
two bedrooms, and one full bathroom. A spacious family room
with a second fireplace gives you another inviting place to gather
with friends or settle in for movie night. Convenient access to the
attached two-car garage and an exterior door leading to the side
yard make everyday living easy. Downstairs, the full basement
offers a second full bathroom, a recreation room ready for games or
entertaining, and an additional room ideal for a home office or
hobbies. The generous utility and laundry area provides plenty of
storage to keep everything organized. Numerous upgrades
include the siding, roof, furnace, A/C unit, all windows, and an
updated bathroom. With two fireplaces, versatile living spaces, and
a corner-lot setting, this charming ranch offers plenty of room to
make it your own. See all it has to offer!
Unit Size
2,298 Ft²
Days on Market
-
Land Size
-
Price per sqft
$128
Property Type
House
Property Taxes
$488
HOA Dues
-
Year Built
1948
Listed By
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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.
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Has Open Parking
Parking Features: Concrete, Garage, Attached, Driveway, Yes, Owned
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Dining Combo
Flooring Type: Laminate
Laundry Features: Gas Dryer Hookup
Rooms: 7
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: Finished, Full
Exterior Details
Square Footage: 2298
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1948
Construction Materials: Vinyl Siding, Brick
Lot Features: Corner Lot
Lot Size Dimensions: 6825
Water Source: Public
Financial Details
Tax Annual Amount: $5,852
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Southwest Elgin
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Listed by: Esther Zamudio, Zamudio Realty Group
Data Source: MRED, MLS# MRD12771533
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.
Data Source: MRED, MLS# MRD12771533
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