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Elgin 60123 North Country Knolls
215 Brookside Drive
$435,900
● House - Off Market

215 Brookside Drive

Elgin, IL 60123
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,205 Ft²
$2,765
Est. Monthly
7.30%
Cap Rate

About This Property

LOOK NO FURTHER!   This beautiful ranch has hardwood leading you into an elegant family room where you can warm your feet with a remote controlled real gas fireplace that your friends and family will be envious of. The oversized windows allow natural light to flow throughout the home. The custom cabinets and open floor plan in the kitchen make the possibilities endless and of course the Master Bedroom has a large walk-in closet. This gorgeous ranch boasts a large fenced yard that is great for entertaining and has a large patio that is ideal for grilling in the summer. The only thing this home is missing...IS YOU!  Don't miss out on this home that we know you and your family will love and enjoy for generations.
Unit Size
2,205 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$198
Property Type
House
Property Taxes
$624
HOA Dues
-
Year Built
1979

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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: 1979
  • Effective Year Built: 1979
  • 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: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,000
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,205
  • Gross Building Area: 2,205
  • Building Area: 2,205
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,205
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY KNOLLS
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: COUNTRY KNOLLS UNIT 18 LOT 35

Neighborhood

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

Geography

  • Parcel: 06-16-152-011
  • Lot: 35
  • Municipality: ELGIN
  • Latitude: 42.0395
  • Longitude: -88.3377

    Address

  • Full Address: 215 Brookside Dr
  • Legal Unit: 18
  • Address - House Number: 215
  • Address - Street Name: Brookside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C076
  • 4-Digit Zip Code: 4803
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $725,574
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 80
  • Final Value: 383,240
  • High Value: 443,085
  • Low Value: 323,395

    Market Valuation

  • Market Total Value: $284,145
  • Market Land Value: $85,033
  • Market Improvement Value: $199,112

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,677
  • Assessed Land Value: $28,333
  • Assessed Improvements Value: $66,344

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2013
  • Current Sale Recording Date: Jun 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013K043211
  • Previous Sale Recording Date: Sep 18, 2002
  • Previous Sale Contract Date: Aug 16, 2002
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: 27

    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 Northwest Elgin

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1549 ft²

Average Home Age

45.8 years

Currently For Sale

34 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

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MRED

Listed by: Shane Jones, Prime Real Estate
Data Source: MRED, MLS# MRD12329211
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 215 Brookside Drive built and last sold?
The property at 215 Brookside Drive was built in 1979 and last sold on May 24, 2013 for $180,000.
How much is this home worth?
The estimated value of the home located at 215 Brookside Drive is $438,179.
What are some comparable homes to 215 Brookside Drive?
There are currently no comparable homes to 215 Brookside Drive.
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