24
Map
$385,000
●
House -
For Sale
2166 Jordan Lane
Elgin, IL 60123
5 Beds
2 Baths,
1
Half Bath
2,296 Ft²
$2,678
Est. Monthly
About This Property
Opportunity knocks!!! This spacious 5-bedroom, 2.5-bath
colonial-style home nestled in Valley Creek features a welcoming
full front porch and offers tremendous potential to build sweat
equity. The main level boasts an open-concept flow between
the kitchen and family room, creating an expansive setting for
daily living and entertaining. The family room highlights dramatic
vaulted ceilings and a two-story brick fireplace as its
centerpiece. A formal dining room, a convenient main-floor laundry
room, and a versatile main-level bedroom-ideal for a main-floor
guest room or dedicated home office-complete the main floor.
Upstairs, discover generously sized bedrooms and bright
skylights in both full bathrooms. The lower level includes a
finished bonus room, offering flexible space for a recreation room,
den, or workout area. Peek through the sliding glass doors off the
kitchen and main living areas to a flat backyard featuring a wooden
deck-a canvas ready for your outdoor living, bring your landscaping
ideas!
Unit Size
2,296 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$168
Property Type
House
Property Taxes
$787
HOA Dues
-
Year Built
1989
Listed By
Alexander Ayala
Berkshire Hathaway HomeServices Starck Real Estate
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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
Parking Details
Has Garage
Has Open Parking
Parking Features: Concrete, Garage Door Opener, Garage, Attached, Driveway, Yes, Owned
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Vaulted Ceiling(s), Walk-In Closet(s), Bookcases, High Ceilings, 1st Floor Bedroom, Separate Dining Room, Replacement Windows
Appliances: Range, Dishwasher
Flooring Type: Hardwood, Carpet, Wood
Laundry Features: Main Level, Sink
Rooms: 9
Has Fireplace
Fireplace Features: Gas Starter, Attached Fireplace Doors/Screen
Fireplaces: 1
Basement: Partially Finished, Partial
Exterior Details
Square Footage: 2296
Square Footage Source: $0
Architectural Style: Colonial
Year Built: 1989
Window Features: Skylight(s), Window Treatments
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck
Lot Features: Mature Trees
Lot Size Area: 8712
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Lot Size Dimensions: 80X109X77X109
Water Source: Public
Financial Details
Tax Annual Amount: $9,444
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Elgin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Alexander Ayala, Berkshire Hathaway HomeServices Starck Real Estate
Data Source: MRED, MLS# MRD12781420
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.
Data Source: MRED, MLS# MRD12781420
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