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Elgin 60123 Southwest Elgin
213 S Jane Drive
$325,000
● House - Off Market

213 S Jane Drive

Elgin, IL 60123
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,243 Ft²
$2,012
Est. Monthly
7.94%
Cap Rate

About This Property

Welcome to this well-maintained ranch home in the Country Knolls subdivision!   This extended ranch features three generously sized bedrooms, 2.5 bathrooms, and a 1-car garage. The backyard includes a private deck and fenced outdoor space, ideal for relaxing or entertaining.  Recent updates include a new concrete driveway, roof, a modern glass tile backsplash, tile flooring, a new privacy fence, a newer furnace and water heater, an upgraded electrical panel, a main sewer line, and carpeting. The full basement offers a full bathroom and versatile living space to suit your needs.  This move-in-ready home provides comfort, functionality, and quality updates in an established neighborhood. Schedule your tour today!
Unit Size
1,243 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$253
Property Type
House
Property Taxes
$466
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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,243
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,035
  • Total Building Area: 2,486
  • Gross Building Area: 2,486
  • Building Area: 1,243
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,243
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY KNOLLS
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: COUNTRY KNOLLS UNIT 2 LOT 46

Neighborhood

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

Geography

  • Parcel: 06-22-127-004
  • Lot: 46
  • Municipality: ELGIN
  • Latitude: 42.0287
  • Longitude: -88.3151

    Address

  • Full Address: 213 S Jane Dr
  • Legal Unit: 2
  • Address - House Number: 213
  • Street Direction: S
  • Address - Street Name: Jane
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C054
  • 4-Digit Zip Code: 5911
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $529,476
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 270,061
  • High Value: 315,665
  • Low Value: 224,457

    Market Valuation

  • Market Total Value: $201,267
  • Market Land Value: $62,914
  • Market Improvement Value: $138,352

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,062
  • Assessed Land Value: $20,963
  • Assessed Improvements Value: $46,099

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2016
  • Current Sale Recording Date: Jul 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016K037265

    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:

$299,896

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1825 ft²

Average Home Age

65.4 years

Currently For Sale

18 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 2354 Nantucket Lane, Elgin, IL, 60123

$2,800 /mo

  • 3 Beds
  • 3 Baths
  • 1,636 ft²
2354 Nantucket Lane, Elgin, IL, 60123 Listing by Andrew Stoll

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Esther Zamudio, Zamudio Realty Group
Data Source: MRED, MLS# MRD12334110
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 213 South Jane Drive built and last sold?
The property at 213 South Jane Drive was built in 1963 and last sold on Jul 9, 2016 for $140,000.
How much is this home worth?
The estimated value of the home located at 213 South Jane Drive is $314,151.
What are some comparable homes to 213 South Jane Drive?
There are currently no comparable homes to 213 South Jane Drive.
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