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Kane 60102
1535 Wabican Trail
$310,500
● House - Off Market

1535 Wabican Trail

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,572 Ft²
$281,348
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Welcome to this well-kept 3 bedroom 1.5 bath split level home on an oversized lot (7/8 acre) with a large 3 car garage and a beautiful sunroom. Enjoy the country feel yet downtown Algonquin is just a short distance away. The Fox River and Prairie Trail are both a few blocks away.  The home features hardwood floors throughout and has a nicely updated Kitchen.
Unit Size
1,572 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$175
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1981

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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 #11408810)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
Jun 6, 2022 Listed by Stateline Dream Homes Inc $275,000
Listed by Stateline Dream Homes Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Total Rooms: 5
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,279
  • Total Building Area: 1,572
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALGONQUIN SHORES
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 13 BLOCK 16 ALGONQUIN SHORES

Neighborhood

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

Geography

  • Parcel: 03-03-251-013
  • Block: 16
  • Lot: 13
  • Municipality: DUNDEE
  • Latitude: 42.149
  • Longitude: -88.2863

    Address

  • Full Address: 1535 Wabican Trl
  • Address - House Number: 1535
  • Address - Street Name: Wabican
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R005
  • 4-Digit Zip Code: 3685
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $487,316
  • Tax Rate Code Area: DU003

    Appraisal Valuation

  • Standard Deviation: 0.1351
  • Valuation Date: Sep 07, 2022
  • Confidence Score: 84
  • Final Value: 286,595
  • High Value: 325,321
  • Low Value: 247,868

    Market Valuation

  • Market Total Value: $199,434
  • Market Land Value: $33,627
  • Market Improvement Value: $165,807

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $66,478
  • Assessed Land Value: $11,209
  • Assessed Improvements Value: $55,269

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 18, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 37996
  • Previous Sale Recording Date: Dec 09, 1999
  • Previous Sale Contract Date: Aug 18, 1999
  • Previous Sale Amount: $3,000
  • 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 Kane

Stats & Trends

Median Asking:

$399,990

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2412 ft²

Average Home Age

33.5 years

Currently For Sale

895 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 303 Ridge Street, Algonquin, IL, 60102

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,300 ft²
303 Ridge Street, Algonquin, IL, 60102 Listing by Heidi Peterson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jason Peterie, Stateline Dream Homes Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11408810
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 1535 Wabican Trail built and last sold?
The property at 1535 Wabican Trail was built in 1981 and last sold on Jul 18, 2022 for $310,500.
How much is this home worth?
The estimated value of the home located at 1535 Wabican Trail is $0.
What are some comparable homes to 1535 Wabican Trail?
There are currently no comparable homes to 1535 Wabican Trail.
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