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Algonquin 60102
1435 Charles Avenue
$357,000
● House - Off Market

1435 Charles Avenue

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,840 Ft²
$2,244
Est. Monthly
9.63%
Cap Rate

About This Property

This Charming 4 bedroom, 2 1/2 bath home is ready for its new owner. Enter into a flex area that can be a formal sitting room, dining room or additional office space. The adorable kitchen with newer appliances leads into a large eat in space and family perfect for hosting. The beautiful Pella door leading into the spacious well manicured yard complete with shed and playset. Upstairs boasts 3 spacious secondary bedrooms and a large owners suite with full bath. The finished basement has all the potential for a movie room, playroom or additional hang out space.
Unit Size
1,840 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$184
Property Type
House
Property Taxes
$579
HOA Dues
-
Year Built
1985

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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 #12065443)

Price History

Date / Event Date Event Price
Jun 21, 2024 Sold
Premium
Sold
May 30, 2024 Listed by Redfin Corporation $339,000
Listed by Redfin Corporation

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 620
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,847
  • Total Building Area: 2,880
  • Gross Building Area: 2,880
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERWOOD ESTATES
  • Land Acres: 0000000226
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 162 RIVERWOOD ESTATES UNIT 3 SUBDIVISION: RIVERWOOD ESTATES RANGE CODE: 8 E TWSHP 42N

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850106

Geography

  • Parcel: 03-03-232-007
  • Lot: 162
  • Municipality: DUNDEE
  • Latitude: 42.15
  • Longitude: -88.2778

    Address

  • Full Address: 1435 Charles Ave
  • Legal Unit: 3
  • Address - House Number: 1435
  • Address - Street Name: Charles
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R005
  • 4-Digit Zip Code: 3773
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $690,494
  • Tax Rate Code Area: DU018

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 350,694
  • High Value: 404,819
  • Low Value: 296,568

    Market Valuation

  • Market Total Value: $257,863
  • Market Land Value: $61,633
  • Market Improvement Value: $196,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,920
  • Assessed Land Value: $20,536
  • Assessed Improvements Value: $65,384

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2012
  • Current Sale Recording Date: Apr 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012K027059
  • Previous Sale Recording Date: Jul 05, 2001
  • Previous Sale Contract Date: Jun 29, 2001
  • Previous Sale Amount: $178,000
  • 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 Algonquin

Stats & Trends

Median Asking:

$424,900

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2503 ft²

Average Home Age

24.6 years

Currently For Sale

48 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: Rebekah Wipperfurth, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 12065443
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 1435 Charles Avenue built and last sold?
The property at 1435 Charles Avenue was built in 1985 and last sold on Apr 20, 2012 for $178,000.
How much is this home worth?
The estimated value of the home located at 1435 Charles Avenue is $0.
What are some comparable homes to 1435 Charles Avenue?
There are currently no comparable homes to 1435 Charles Avenue.
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