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Elgin 60123 Southwest Elgin
173 S Jane Drive
$265,000
● House - Off Market

173 S Jane Drive

Elgin, IL 60123
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,926 Ft²
$252,797
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Need space? Expansive quad level with endless possibilities! No neighbors behind! Backs to baseball fields! Some light TLC needed but solid home! Large fenced yard! Partial brick front! Spacious living/dining room combo with picture window and recessed lighting in custom wood valances! Cozy family room with solid brick fireplace with cedar mantle, sconce lighting and wainscoting! Huge eat-in kitchen with plenty of cabinet space and separate eating area with sliding glass doors to the patio! All appliances stay! Remodeled bath with new flooring and vanity! Gracious size bedrooms! Convenient laundry/utility room leads into the garage! Large unfinished basement has great potential for future rec room! Great location close to schools and shopping! Sold AS IS!
Unit Size
1,926 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$130
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1963

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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 #11402463)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
May 12, 2022 Listed by RE/MAX Horizon $249,900
Listed by RE/MAX Horizon

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • 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: 546
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,472
  • Gross Building Area: 2,472
  • Building Area: 1,926
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 2
  • Heated Square Feet: 1,926
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY KNOLLS
  • Land Acres: 0000000235
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: COUNTRY KNOLLS UNIT 3 LOT 85

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851904

Geography

  • Parcel: 06-15-376-017
  • Lot: 85
  • Municipality: ELGIN
  • Latitude: 42.03
  • Longitude: -88.3158

    Address

  • Full Address: 173 S Jane Dr
  • Legal Unit: 3
  • Address - House Number: 173
  • Street Direction: S
  • Address - Street Name: Jane
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C054
  • 4-Digit Zip Code: 5909
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $599,306
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 312,939
  • High Value: 364,532
  • Low Value: 261,346

    Market Valuation

  • Market Total Value: $225,435
  • Market Land Value: $60,669
  • Market Improvement Value: $164,766

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,115
  • Assessed Land Value: $20,215
  • Assessed Improvements Value: $54,900

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 36553
  • Previous Sale Recording Date: Mar 03, 2014
  • Previous Sale Contract Date: Feb 11, 2014
  • Previous Sale Amount: $128,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
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:

$299,500

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1963 ft²

Average Home Age

63.7 years

Currently For Sale

17 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 801 N Mclean Boulevard, Elgin, IL, 60123

$2,685 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
801 N Mclean Boulevard #146, Elgin, IL, 60123 Listing by Ryan Widerberg
Unit for rent at 25 Melrose Court, South Elgin, IL, 60177

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
25 Melrose Court, South Elgin, IL, 60177 Listing by Michael Caulfield

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Wisdom, RE/MAX Horizon
Last Updated: 3 years ago
Data Source: MRED, MLS# 11402463
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 173 South Jane Drive built and last sold?
The property at 173 South Jane Drive was built in 1963 and last sold on Jun 23, 2022 for $265,000.
How much is this home worth?
The estimated value of the home located at 173 South Jane Drive is $0.
What are some comparable homes to 173 South Jane Drive?
There are currently no comparable homes to 173 South Jane Drive.
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