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Algonquin 60102 Algonquin Heights
17 Sunset Lane
$316,000
● House - Off Market

17 Sunset Lane

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,393 Ft²
$2,098
Est. Monthly
7.71%
Cap Rate

About This Property

Welcome to your dream home! This 4-bedroom, 2-full-bath residence offers the perfect blend of comfort and style, complete with a finished basement and exterior access that presents an exciting opportunity for an in-law suite. The versatile bonus room in the basement can easily be transformed into an in-law suite, offering a private living area, bedroom, and bathroom space. Perfect for extended family or guests! Newer roof 2023! Kitchen remodel 2023! This property features an inviting living space filled with natural light and a warm, welcoming atmosphere. Ready for your finishing touches!
Unit Size
2,393 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
-

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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: 2 years ago (MRED MLS #12288946)

Price History

Date / Event Date Event Price
Apr 4, 2025 Sold
Premium
Sold
Feb 19, 2025 In contract -
In contract
Feb 11, 2025 Listed by Real Broker, LLC $315,000
Listed by Real Broker, LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,457
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WECKS 2ND ADDN
  • Land Acres: 0000000286
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2017R0047747 LT 25 WECKS 2ND ADDN ET AL: ORTIZ, FRANCISCO M GONZALEZ/ CELAYA, JOSE F SUAREZ

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871404

Geography

  • Parcel: 19-34-428-009
  • Block: 428
  • Lot: 25
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1608
  • Longitude: -88.2791

    Address

  • Full Address: 17 Sunset Ln
  • Address - House Number: 17
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C003
  • 4-Digit Zip Code: 3027
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $434,104
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 243,966
  • High Value: 284,789
  • Low Value: 203,142

    Market Valuation

  • Market Total Value: $151,857
  • Market Land Value: $51,750
  • Market Improvement Value: $100,107

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,619
  • Assessed Land Value: $17,250
  • Assessed Improvements Value: $33,369

    Sales

  • Current Sale Contract Date: Dec 01, 2017
  • Current Sale Recording Date: Dec 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R0047747
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 Heights

Stats & Trends

Median Asking:

$379,990

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1762 ft²

Average Home Age

30.2 years

Currently For Sale

0 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: Katelyn Garcell, Real Broker, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12288946
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 17 Sunset Lane built and last sold?
The property at 17 Sunset Lane was built in and last sold on Dec 1, 2017 for $180,000.
How much is this home worth?
The estimated value of the home located at 17 Sunset Lane is $0.
What are some comparable homes to 17 Sunset Lane?
There are currently no comparable homes to 17 Sunset Lane.
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