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Elgin 60123 Southwest Elgin
212 Maureen Drive
$319,900
● House - Off Market

212 Maureen Drive

Elgin, IL 60123
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,296 Ft²
$2,032
Est. Monthly
7.84%
Cap Rate

About This Property

Hurry! One level living at it's finest! Awesome fully fenced deep yard! Partial brick front! Spacious living room with tons of natural light from the oversized picture window and enjoy the cozy solid brick woodburning fireplace! Very functional eat-in kitchen with plenty of extra cabinets for all your storage! Separate eating area with sliding glass door to the concrete patio! Large master bedroom with oversized closet and private 1/2 bath! Gracious size secondary bedrooms! Hardwood underneath carpeting! Huge unfinished basement awaits your finishing touches! Updated electric and plumbing! New roof '24! Fence '21! Radon mitigation system! Close to schools, shopping and access to I-90 and train station! Ready for new owners!
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$247
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
1969

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,296
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,267
  • Total Building Area: 2,592
  • Gross Building Area: 2,592
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY KNOLLS
  • Land Acres: 0000000259
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: COUNTRY KNOLLS UNIT 4 EXCEPT NORTH 3 FT LOT 155

Neighborhood

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

Geography

  • Parcel: 06-22-103-011
  • Lot: 155
  • Municipality: ELGIN
  • Latitude: 42.029
  • Longitude: -88.3187

    Address

  • Full Address: 212 Maureen Dr
  • Legal Unit: 4
  • Address - House Number: 212
  • Address - Street Name: Maureen
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C054
  • 4-Digit Zip Code: 5928
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $523,546
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 273,741
  • High Value: 318,872
  • Low Value: 228,611

    Market Valuation

  • Market Total Value: $199,214
  • Market Land Value: $60,384
  • Market Improvement Value: $138,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,378
  • Assessed Land Value: $20,120
  • Assessed Improvements Value: $46,258

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K059175
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

1813 ft²

Average Home Age

65.1 years

Currently For Sale

19 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 2444 Emily Lane, Elgin, IL, 60124

$2,400 /mo

  • 2 Beds
  • 2 Baths
2444 Emily Lane #2444, Elgin, IL, 60124 Listing by Brandy Schuldt

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Wisdom, RE/MAX Horizon
Data Source: MRED, MLS# MRD12318404
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 212 Maureen Drive built and last sold?
The property at 212 Maureen Drive was built in 1969 and last sold on Jul 21, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 212 Maureen Drive is $311,501.
What are some comparable homes to 212 Maureen Drive?
There are currently no comparable homes to 212 Maureen Drive.
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