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Algonquin 60102 Merrill Algonquin Hills
1551 Seminole Road
$180,000
● House - Off Market

1551 Seminole Road

ALGONQUIN, IL 60102
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,113 Ft²
$271,586
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Location, location, location! Fresh paint,new carpet, hardwoods refinished, updated kitchen with stainless steel stove and dishwasher, center island and canned lights. Completely updated bath, new light fixtures, windows, furnace/AC and more. Finished room in lower level with unfinished area for laundry, and storage. Fireplace in living room with hardwoods. Corner lot with a side deck, attached 1 car and large yard with plenty of room for parking your other cars, boats or toys. Just a block from the River. Community water rights to the Fox River.  Live and enjoy the area recreation.
Unit Size
1,113 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$153
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1954

Payment Calculator

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Cap Rate Calculator

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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 #09623464)

Price History

Date / Event Date Event Price
Jul 20, 2017 Sold
Premium
Sold
May 10, 2017 Listed by Your Choice Real Estate Serv $169,900
Listed by Your Choice Real Estate Serv

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,057
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,125
  • Total Building Area: 2,170
  • Building Area: 1,906
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,906
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CO ALGONQUIN HILLS
  • Land Acres: 0000000232
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0033915 NE 75FT LTS 1 & 2 & NW PT NE 75FT LT 3 BLK 28 MERRILL, F E & CO ALGONQUIN HILLS UNIT 2

Neighborhood

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

Geography

  • Parcel: 19-26-157-009
  • Block: 28
  • Lot: 1,2,3
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1776
  • Longitude: -88.2735

    Address

  • Full Address: 1551 Seminole Rd
  • Legal Unit: 2
  • Address - House Number: 1551
  • Address - Street Name: Seminole
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C002
  • 4-Digit Zip Code: 1847
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $501,828
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 282,902
  • High Value: 332,450
  • Low Value: 233,354

    Market Valuation

  • Market Total Value: $193,548
  • Market Land Value: $64,755
  • Market Improvement Value: $128,793

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,516
  • Assessed Land Value: $21,585
  • Assessed Improvements Value: $42,931

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0033915
  • Previous Sale Recording Date: Feb 25, 2021
  • Previous Sale Contract Date: Feb 04, 2021
  • Previous Sale Document Type: 34

    Financing

  • First Mortgage Financing Type: FIX
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 Merrill Algonquin Hills

Stats & Trends

Median Asking:

$405,000

Sale Price/ft²

$178

Above Asking

0.00%

Average Days on Market

40

Average Home Size

858 ft²

Average Home Age

22.5 years

Currently For Sale

2 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 1205 Glenmont Street, Algonquin, IL, 60102

$2,990 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
1205 Glenmont Street, Algonquin, IL, 60102 Listing by Yuriy Nydza

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Your Choice Real Estate Serv
Last Updated: 3 years ago
Data Source: MRED, MLS# 09623464
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 1551 Seminole Road built and last sold?
The property at 1551 Seminole Road was built in 1954 and last sold on Apr 19, 2021 for $203,000.
How much is this home worth?
The estimated value of the home located at 1551 Seminole Road is $177,002.
What are some comparable homes to 1551 Seminole Road?
There are currently no comparable homes to 1551 Seminole Road.
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