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Elgin 60123 College Green
2047 Muirfield Circle
$155,000
● House - Off Market

2047 Muirfield Circle

Elgin, IL 60123
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
$163,847
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$256
HOA Dues
$182
Year Built
1992

Payment Calculator

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • 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: 2,574
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 220
  • Total Building Area: 911
  • Gross Building Area: 911
  • Building Area: 911
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 911
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE GREEN
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: COLLEGE GREEN UNIT 8 LOT 615

Neighborhood

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

Geography

  • Parcel: 06-28-205-061
  • Lot: 615
  • Municipality: ELGIN
  • Latitude: 42.0138
  • Longitude: -88.3294

    Address

  • Full Address: 2047 Muirfield Cir
  • Legal Unit: 8
  • Address - House Number: 2047
  • Address - Street Name: Muirfield
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Elgin
  • Carrier Code: R010
  • 4-Digit Zip Code: 5629
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $322,662
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 188,287
  • High Value: 214,441
  • Low Value: 162,133

    Market Valuation

  • Market Total Value: $129,685
  • Market Land Value: $36,615
  • Market Improvement Value: $93,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,211
  • Assessed Land Value: $12,200
  • Assessed Improvements Value: $31,011

    Sales

  • Current Sale Contract Date: Mar 15, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8382
  • Previous Sale Recording Date: Jan 28, 2013
  • Previous Sale Contract Date: Jan 11, 2013
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: 4
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:

$299,896

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1827 ft²

Average Home Age

67.9 years

Currently For Sale

16 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 1025 Manchester Court, South Elgin, IL, 60177

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,150 ft²
1025 Manchester Court #1025, South Elgin, IL, 60177 Listing by Jaimie Banke

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jane Boeckelmann, Suburban Life Realty, Ltd
Data Source: MRED, MLS# MRD11689996
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 2047 Muirfield Circle built and last sold?
The property at 2047 Muirfield Circle was built in 1992 and last sold on Mar 15, 2023 for $155,000.
How much is this home worth?
The estimated value of the home located at 2047 Muirfield Circle is $0.
What are some comparable homes to 2047 Muirfield Circle?
There are currently no comparable homes to 2047 Muirfield Circle.
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