For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Elgin 60123 Northwest Elgin
2006 Clearwater Way
$344,000
● House - Off Market

2006 Clearwater Way

Elgin, IL 60123
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,040 Ft²
$377,885
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Brand new wood deck with closed side wall to prevent wild animals from nesting; quick access to Metra, I-90, Rt 31, Rt 34 and shopping center at Randall Road Corridor; walking distance to elementary school; middle and high school bus stops next to the house; one of the newest, customized homes in Valley Creek Subdivision; 2-story-ceiling living room with a fireplace; numerous large windows make rooms bright and spacious; 9-ft high ceiling and large 4 bedrooms with ceiling fans and walk-in closet; first-floor master bathroom with a Jacuzzi and a separated shower; all walls freshly painted; new are all carpet, garbage disposal, dishwasher and dryer; full unfinished basement with rough-in for bathroom & shower.
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$168
Property Type
House
Property Taxes
$617
HOA Dues
-
Year Built
2005

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11131880)

Price History

Date / Event Date Event Price
Dec 7, 2021 Sold
Premium
Sold
Jun 22, 2021 Listed by Abacus Realty $343,000
Listed by Abacus Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,237
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 3,362
  • Gross Building Area: 3,362
  • Building Area: 2,125
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,125
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY CREEK
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: VALLEY CREEK UNIT 12 LOT 652

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851910

Geography

  • Parcel: 06-09-276-007
  • Lot: 652
  • Municipality: ELGIN
  • Latitude: 42.0526
  • Longitude: -88.3249

    Address

  • Full Address: 2006 Clearwater Way
  • Legal Unit: 12
  • Address - House Number: 2006
  • Address - Street Name: Clearwater
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Elgin
  • Carrier Code: C078
  • 4-Digit Zip Code: 2588
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $817,428
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.0879
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 343,866
  • High Value: 374,118
  • Low Value: 313,615

    Market Valuation

  • Market Total Value: $301,897
  • Market Land Value: $79,748
  • Market Improvement Value: $222,149

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,592
  • Assessed Land Value: $26,572
  • Assessed Improvements Value: $74,020

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K091581
  • Previous Sale Recording Date: Nov 01, 2005
  • Previous Sale Contract Date: Oct 27, 2005
  • Previous Sale Amount: $330,500
  • Previous Sale Document Type: 71

    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 Northwest Elgin

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1662 ft²

Average Home Age

43.4 years

Currently For Sale

36 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jim Sheih, Abacus Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11131880
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 2006 Clearwater Way built and last sold?
The property at 2006 Clearwater Way was built in 2005 and last sold on Dec 6, 2021 for $344,000.
How much is this home worth?
The estimated value of the home located at 2006 Clearwater Way is $348,205.
What are some comparable homes to 2006 Clearwater Way?
There are currently no comparable homes to 2006 Clearwater Way.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Elgin Homes for Sale
Elgin Houses for Sale
Elgin Condos for Sale
Elgin Townhouses for Sale
Elgin Multifamily for Sale
Elgin Land for Sale
Elgin Commercial for Sale
Elgin Homes with Basements
Nearby Cities
Schaumburg Homes for Sale
Palatine Homes for Sale
Arlington Heights Homes for Sale
Wheaton Homes for Sale
Lombard Homes for Sale
Crystal Lake Homes for Sale
Hoffman Estates Homes for Sale
Bartlett Homes for Sale
Nearby Property Records
Kane County, IL Property Records
DuPage County, IL Property Records
McHenry County, IL Property Records
DeKalb County, IL Property Records
Boone County, IL Property Records
Kendall County, IL Property Records
Cook County, IL Property Records
Will County, IL Property Records
Neighborhoods
Four Colonies Real Estate
Lake In The Hills Estates Real Estate
Meadowbrook Real Estate
Crystal Lake Real Estate
Northeast Elgin Real Estate
Buffalo Grove Real Estate
Coventry Real Estate
Boulder Ridge Country Club Estates Real Estate
Nearby Counties
York Homes for Sale
Schaumburg Homes for Sale
Milton Homes for Sale
Palatine Homes for Sale
Algonquin Homes for Sale
Bloomingdale Homes for Sale
Hanover Homes for Sale
Elk Grove Homes for Sale
Top Real Estate Agents
Top Agents in Northwest Elgin
Top Agents in Elgin
Top Agents in York
Top Agents in Schaumburg
Top Agents in Milton
Top Agents in Palatine
Top Agents in Algonquin
Top Agents in Bloomingdale