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Elgin 60123 Northwest Elgin
2323 Bluejay Trail
$305,000
● House - Off Market

2323 Bluejay Trail

Elgin, IL 60123
bedrooms
2 Beds
bathrooms
3 Baths
square feet
2,664 Ft²
$2,388
Est. Monthly
$270
HOA / Fees
4.83%
Cap Rate

About This Property

Maintenance Free Living in this 4 Bedroom Single Family Ranch Home in desirable Highland Springs! Gracious living Room with Vaulted ceilings leads out to the deck, perfect for enjoying your coffee in the balcony. If that is not enough space to entertain your guests outside, make use of the lower private patio. The main level offers 2 very generous size bedrooms including the master suite featuring 2 walk-in closets. A formal dining room with built-in buffet, a laundry closet near the kitchen and a full bath completes the main level. The basement boasts 2 bedrooms, full bath, and family room with fireplace. Clean and fresh 2-car garage. Newer HVAC 2022 and Water heater 2022. Conveniently located near Randall Rd near shopping malls, restaurants, I-90 and Metra.
Unit Size
2,664 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$523
HOA Dues
$270
Year Built
1994

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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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • 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: 1,332
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,664
  • Gross Building Area: 2,664
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND SPRINGS CONDO
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: HIGHLAND SPRINGS CONDOMINIUM OF ELGIN NO 2 UNIT 2323

Neighborhood

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

Geography

  • Parcel: 06-09-306-030
  • Municipality: ELGIN
  • Latitude: 42.048
  • Longitude: -88.3367

    Address

  • Full Address: 2323 Bluejay Trl
  • Legal Unit: 2323
  • Address - House Number: 2323
  • Address - Street Name: Bluejay
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Elgin
  • Carrier Code: C077
  • 4-Digit Zip Code: 4701
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $592,992
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 275,172
  • High Value: 316,181
  • Low Value: 234,163

    Market Valuation

  • Market Total Value: $223,250
  • Market Land Value: $61,591
  • Market Improvement Value: $161,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,387
  • Assessed Land Value: $20,522
  • Assessed Improvements Value: $53,865

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K049491
  • Previous Sale Recording Date: Jan 31, 2013
  • Previous Sale Contract Date: Jan 11, 2013
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 71

    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:

$369,900

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1631 ft²

Average Home Age

43.5 years

Currently For Sale

39 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 1990 Larkin Avenue, Elgin, IL, 60123

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,175 ft²
1990 Larkin Avenue #14, Elgin, IL, 60123 Listing by William Gallos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ana Morado, HomeSmart Connect LLC
Data Source: MRED, MLS# MRD12266596
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 2323 Bluejay Trail built and last sold?
The property at 2323 Bluejay Trail was built in 1994 and last sold on Jun 11, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 2323 Bluejay Trail is $0.
What are some comparable homes to 2323 Bluejay Trail?
There are currently no comparable homes to 2323 Bluejay Trail.
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