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Elgin 60123 Southwest Elgin
206 Robert Drive
$176,000
● House - Off Market

206 Robert Drive

ELGIN, IL 60123
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1,204 Ft²
$262,958
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

SOLID BRICK RANCH WITH FENCED YARD, 3 BEDROOMS, 1.2 BATHS, HARDWOOD FLOORING, FRESH PAINT THROUGHOUT!  SPACIOUS EAT-IN KITCHEN W/ PANTRY CLOSET, STAINLESS STEEL APPLIANCES, NEW FAUCET AND TABLE SPACE. LARGE LIVING ROOM.  MASTER BEDROOM HAS HALF BATH.  UNFINISHED BASEMENT HAS EGRESS WINDOW (NEW 2014), LAUNDRY (WASHER/DRYER STAY) AND HALF BATH.  EXPANSIVE FENCED BACK YARD WITH SHED.  NEW HVAC AND DUCTWORK 2014. 2 WINDOW A/C UNITS.  QUICK CLOSE OK!!  SHOW AND SELL, CLOSE TO SCHOOLS, DINING, MORE!
Unit Size
1,204 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$137
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1965

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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 #09696958)

Price History

Date / Event Date Event Price
Aug 31, 2017 Sold
Premium
Sold
Jul 20, 2017 Listed by Capital Asset Group Inc. $164,900
Listed by Capital Asset Group Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,204
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,408
  • Gross Building Area: 2,408
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,204
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY KNOLLS
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: COUNTRY KNOLLS UNIT 1 LOT 35

Neighborhood

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

Geography

  • Parcel: 06-22-127-015
  • Lot: 35
  • Municipality: ELGIN
  • Latitude: 42.029
  • Longitude: -88.3134

    Address

  • Full Address: 206 Robert Dr
  • Legal Unit: 1
  • Address - House Number: 206
  • Address - Street Name: Robert
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C054
  • 4-Digit Zip Code: 7026
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $510,608
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 275,602
  • High Value: 321,039
  • Low Value: 230,164

    Market Valuation

  • Market Total Value: $194,736
  • Market Land Value: $60,354
  • Market Improvement Value: $134,382

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,886
  • Assessed Land Value: $20,110
  • Assessed Improvements Value: $44,776

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2017
  • Current Sale Recording Date: Sep 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K047828
  • Previous Sale Recording Date: Apr 11, 2014
  • Previous Sale Contract Date: Feb 07, 2014
  • Previous Sale Amount: $138,500
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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:

$299,898

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1758 ft²

Average Home Age

67.3 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: , Capital Asset Group Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09696958
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 206 Robert Drive built and last sold?
The property at 206 Robert Drive was built in 1965 and last sold on Aug 31, 2017 for $176,000.
How much is this home worth?
The estimated value of the home located at 206 Robert Drive is $0.
What are some comparable homes to 206 Robert Drive?
There are currently no comparable homes to 206 Robert Drive.
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