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Elgin 60123 College Green
1647 College Green Drive
$153,000
● House - Off Market

1647 College Green Drive

Elgin, IL 60123
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
1,133 Ft²
$180,184
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

BUYER COULDN'T MAKE IT HAPPEN!! Their loss, your gain! Wonderful Amber model in Elgin's desired College Green neighborhood.  Low maintenance living at a great price.  Spacious master bedroom and a large loft that could easily be converted to a bedroom. All new upstairs windows (2020).  Relax on the deck which overlooks the picturesque pond! Close to Randall Rd., I-90, Route 20 (Lake Street).
Unit Size
1,133 Ft²
Days on Market
-
Land Size
-
Price per sqft
$138
Property Type
House
Property Taxes
$142
HOA Dues
$159
Year Built
1988

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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.

Property Highlights

Parking Available
Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,523
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 220
  • Total Building Area: 1,133
  • Gross Building Area: 1,133
  • Building Area: 1,133
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,133
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE GREEN
  • Land Acres: 0000000580
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: COLLEGE GREEN UNIT 2 LOT 344

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851908

Geography

  • Parcel: 06-27-106-021
  • Lot: 344
  • Municipality: ELGIN
  • Latitude: 42.0127
  • Longitude: -88.3196

    Address

  • Full Address: 1647 College Green Dr
  • Legal Unit: 2
  • Address - House Number: 1647
  • Address - Street Name: College Green
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: R010
  • 4-Digit Zip Code: 6826
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $362,722
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 208,273
  • High Value: 243,443
  • Low Value: 173,102

    Market Valuation

  • Market Total Value: $143,550
  • Market Land Value: $35,756
  • Market Improvement Value: $107,794

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,831
  • Assessed Land Value: $11,914
  • Assessed Improvements Value: $35,917

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K062059

    Financing

  • First Mortgage Financing Type: UNK
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 Southwest Elgin

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1587 ft²

Average Home Age

57.8 years

Currently For Sale

15 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 1990 Larkin Avenue, Elgin, IL, 60123

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,175 ft²
1990 Larkin Avenue #14, Elgin, IL, 60123 Listing by William Gallos
Unit for rent at 1137 Reserve Drive, Elgin, IL, 60124

$2,375 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
1137 Reserve Drive, Elgin, IL, 60124 Listing by Brandy Schuldt

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Jones, Associates Realty
Data Source: MRED, MLS# MRD11102165
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 1647 College Green Drive built and last sold?
The property at 1647 College Green Drive was built in 1988 and last sold on Jul 13, 2021 for $153,000.
How much is this home worth?
The estimated value of the home located at 1647 College Green Drive is $0.
What are some comparable homes to 1647 College Green Drive?
There are currently no comparable homes to 1647 College Green Drive.
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