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Elgin 60123 Valley Creek Southwest
2165 SAVANNAH
$234,900
● House - Off Market

2165 SAVANNAH

ELGIN, IL 60123
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,848 Ft²
$400,551
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

Charming 3 bedroom, 2 bath located on quiet cul-de-sac.  Minutes from Metra Big Timber station. New carpet/hardwood  floors throughout. Freshly painted. Spacious master bedroom.   Open kitchen leading to back screened porch, great for relaxation or summer parties. Large yard with mature trees. 1 yr. warranty.  Quick close OK. A must  see house.
Unit Size
1,848 Ft²
Days on Market
-
Land Size
-
Price per sqft
$127
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1986

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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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY CREEK
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: VALLEY CREEK UNIT 1 LOT 135

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851909

Geography

  • Parcel: 06-09-453-005
  • Lot: 135
  • Municipality: ELGIN
  • Latitude: 42.046
  • Longitude: -88.3303

    Address

  • Full Address: 2165 Savannah Rd
  • Legal Unit: 1
  • Address - House Number: 2165
  • Address - Street Name: Savannah
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Elgin
  • Carrier Code: C068
  • 4-Digit Zip Code: 2649
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $608,644
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 319,090
  • High Value: 368,930
  • Low Value: 269,251

    Market Valuation

  • Market Total Value: $228,667
  • Market Land Value: $78,776
  • Market Improvement Value: $149,892

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,192
  • Assessed Land Value: $26,248
  • Assessed Improvements Value: $49,944

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34375
  • Previous Sale Recording Date: Oct 22, 2021
  • Previous Sale Contract Date: Oct 04, 2021
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 71
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:

$365,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1668 ft²

Average Home Age

43.2 years

Currently For Sale

37 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 3061 Hughsdale Street, Elgin, IL, 60124

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,275 ft²
3061 Hughsdale Street, Elgin, IL, 60124 Listing by Abhijit Leekha
Unit for rent at 30 S Commonwealth Avenue, Elgin, IL, 60123

$2,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,088 ft²
30 S Commonwealth Avenue, Elgin, IL, 60123 Listing by Sharon Jasso

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kenneth Tillery, GRI, Coldwell Banker Primus- Elgin
Data Source: MRED, MLS# MRD06341714
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 2165 Savannah Road built and last sold?
The property at 2165 Savannah Road was built in 1986 and last sold on Sep 22, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 2165 Savannah Road is $326,351.
What are some comparable homes to 2165 Savannah Road?
There are currently no comparable homes to 2165 Savannah Road.
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