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Elgin 60123 Southwest Elgin
225 GERTRUDE Street
$165,000
● House - Off Market

225 GERTRUDE Street

ELGIN, IL 60123
bedrooms
2 Beds
bathrooms
1 Bath
$284,417
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

Cozy bungalow w/low maintenance aluminum siding. Eat in kitchen w/oak cabinets, pulldown stairs to attic. Large corner lot w/perennials and grape arbor, 2 1/2 car garage off alley. Mercury vapor security lights on back of house and garage, new roof w/tear off & 30 yr architectural shingles '06. Close to schools, quick close OK. Property is to be sold "as is" to settle estate.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1900

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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.

Last updated: 2 years ago (MRED MLS #06309847)

Price History

Date / Event Date Event Price
Jul 9, 2007 Sold
Premium
Sold
Oct 12, 2006 Listed by RE/MAX Professionals West $165,000
Listed by RE/MAX Professionals West

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 865
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,251
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,730
  • Gross Building Area: 1,730
  • Building Area: 865
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 865
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J C&W H KIMBALLS ADDN
  • Land Acres: 0000000281
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: J C & W H KIMBALLS ADDN LOT 5 BLOCK 8

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851600

Geography

  • Parcel: 06-14-383-006
  • Block: 8
  • Lot: 5
  • Municipality: ELGIN
  • Latitude: 42.0301
  • Longitude: -88.294

    Address

  • Full Address: 225 Gertrude St
  • Address - House Number: 225
  • Address - Street Name: Gertrude
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C039
  • 4-Digit Zip Code: 6213
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $394,598
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 214,743
  • High Value: 251,006
  • Low Value: 178,480

    Market Valuation

  • Market Total Value: $154,583
  • Market Land Value: $48,685
  • Market Improvement Value: $105,897

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,507
  • Assessed Land Value: $16,222
  • Assessed Improvements Value: $35,285

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2007
  • Current Sale Recording Date: Jul 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007K074110
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

$203

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1492 ft²

Average Home Age

62.8 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 40 Dupage Court, Elgin, IL, 60120

$2,050 /mo

  • 2 Beds
  • 2 Baths
  • 969 ft²
40 Dupage Court #209, Elgin, IL, 60120 Listing by Andrew Stoll

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX Professionals West
Last Updated: 2 years ago
Data Source: MRED, MLS# 06309847
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 225 Gertrude Street built and last sold?
The property at 225 Gertrude Street was built in 1900 and last sold on Jul 9, 2007 for $165,000.
How much is this home worth?
The estimated value of the home located at 225 Gertrude Street is $166,650.
What are some comparable homes to 225 Gertrude Street?
There are currently no comparable homes to 225 Gertrude Street.
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