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Elgin 60123 Northwest Elgin
237 N Aldine Street
$130,000
● House - Off Market

237 N Aldine Street

Elgin, IL 60123
bedrooms
2 Beds
bathrooms
1 Bath
square feet
882 Ft²
$143,112
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

CHARMING HOME on a double lot! This 2 bedroom, 1 bath offers a large living room with built-in bookcases and a faux fireplace. Two bedrooms located upstairs. Wall joining bedrooms can be opened for one larger room. Kitchen has maple cabinets and appliances included. Family room in basement is ready for your finishing touches. Detached, over-sized 2 car garage.  Large walk-in cedar closet on main floor. Washer and dryer in basement as well as extra storage space. There is room to roam in the gorgeous back yard with plenty of privacy and large area for a garden. Priced well and being sold "AS-IS".
Unit Size
882 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$147
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1948

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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: 3 years ago (MRED MLS #11252051)

Price History

Date / Event Date Event Price
Dec 29, 2021 Sold
Premium
Sold
Oct 19, 2021 Listed by Great Western Properties $129,900
Listed by Great Western Properties

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 500
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 294
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,714
  • Lot Size Depth Feet: 670
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 882
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 882
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND AVE ADDN
  • Land Acres: 0000000131
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: HIGHLAND AVE ADDN LOT 3 BLOCK 1

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851102

Geography

  • Parcel: 06-15-276-003
  • Block: 1
  • Lot: 3
  • Municipality: ELGIN
  • Latitude: 42.0403
  • Longitude: -88.3069

    Address

  • Full Address: 237 N Aldine St
  • Address - House Number: 237
  • Street Direction: N
  • Address - Street Name: Aldine
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C048
  • 4-Digit Zip Code: 3309
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $436,166
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 215,643
  • High Value: 245,596
  • Low Value: 185,689

    Market Valuation

  • Market Total Value: $150,963
  • Market Land Value: $41,951
  • Market Improvement Value: $109,013

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,301
  • Assessed Land Value: $13,978
  • Assessed Improvements Value: $36,323

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022K000657
  • Previous Sale Recording Date: Jul 07, 2015
  • Previous Sale Contract Date: Jul 02, 2015
  • Previous Sale Amount: $120,000
  • 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:

$374,900

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1568 ft²

Average Home Age

43.2 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

Unit for rent at 113 Elm Street, Elgin, IL, 60123

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 858 ft²
113 Elm Street #B, Elgin, IL, 60123 Listing by Natalie Kofie
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: Tina Mastrangelo, Great Western Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11252051
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 237 North Aldine Avenue built and last sold?
The property at 237 North Aldine Avenue was built in 1948 and last sold on Nov 16, 2021 for $130,000.
How much is this home worth?
The estimated value of the home located at 237 North Aldine Avenue is $0.
What are some comparable homes to 237 North Aldine Avenue?
There are currently no comparable homes to 237 North Aldine Avenue.
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