$135,000
●
Condo -
Off Market
1508 Kenneth Circle #1508
Elgin, IL 60120
2 Beds
1 Bath
$156,730
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
This great three-level townhome features a large open concept main
floor with updated kitchen and living room with wood burning
fireplace and a large private patio off of the living room. The
kitchen and bathroom have been updated with granite counters and
custom tilework. The 2nd Floor Bedrooms each have access to a large
balcony which lets in an incredible amount of fresh light. The
finished basement provides an amazing amount of additional living
space that's perfect for many different uses. This property can be
rented so bring those investor clients as well. Please call/text LA
with any questions.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$156
HOA Dues
$150
Year Built
1985
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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 #11276742)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2022 | Sold | ||
| Sold | |||
| Nov 23, 2021 | Listed by Platinum Partners Realtors | $144,900 | |
| Listed by Platinum Partners Realtors | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage
Rooms: 6
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: Full
Basement Description: Finished
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Cedar
Age: 31-40 Years
Rebuilt(Y/N): No
Parcel Number: 06074022060000
Property Type: Residential
Year Built: 1985
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Balcony, Patio, Cable Access
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $1,867
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Hanover
Corporate Limits: Hanover Park
Directions: Summit to Kenneth Cir to property
County or Parish: Cook
Elementary School District: 46
Elementary School: Lincoln Elementary School
Middle Or Junior School District: 46
Middle Or Junior School: Larsen Middle School
High School District: 46
High School: Elgin High School
Other Details
Association Fee Includes: Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $150
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/23/2021
|
2 Bed
|
1 Bath
|
-
|
$144,900
2 Bed
1 Bath
|
$135,000
-6.83%
01/24/2022
|
Robert Hayes
Platinum Partners Realtors
|
Building Info
About Northeast Elgin
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Listed by: Robert Hayes, Platinum Partners Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11276742
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11276742
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