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South Elgin 60177
268 VALLEY FORGE AVE
$252,000
● House - Off Market

268 VALLEY FORGE AVE

SOUTH ELGIN, IL 60177
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$443,181
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

PRICE REDUCED DRASTICALLY FOR QUICK SALE! CHECK OUT THE COMPS & DON'T LET THIS 3 BEDROOM 2 1/2 BATH BEAUTY PASS YOU BY - FP, VAULTED CEIL, FINISHED BASEMENT, NEW WATER HEATER, NEW A/C & WATER SOFTENER, FRESHLY PAINTED - MUST SEE TO APPRECIATE!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$104
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1996

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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

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 558
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 2,261
  • Gross Building Area: 2,261
  • Building Area: 1,703
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,703
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE FOX
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CONCORD ON THE FOX UNIT 7 (WILDMEADOW) LOT 298

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851801

Geography

  • Parcel: 06-34-429-015
  • Lot: 298
  • Municipality: ELGIN
  • Latitude: 41.9898
  • Longitude: -88.3049

    Address

  • Full Address: 268 Valley Forge Ave
  • Legal Unit: 7
  • Address - House Number: 268
  • Address - Street Name: Valley Forge
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: South Elgin
  • Carrier Code: C007
  • 4-Digit Zip Code: 2551
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $805,874
  • Tax Rate Code Area: EL012

    Appraisal Valuation

  • Standard Deviation: 0.1528
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 366,990
  • High Value: 423,088
  • Low Value: 310,892

    Market Valuation

  • Market Total Value: $299,061
  • Market Land Value: $70,006
  • Market Improvement Value: $229,055

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $99,647
  • Assessed Land Value: $23,326
  • Assessed Improvements Value: $76,321

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 16, 2015
  • Current Sale Recording Date: Oct 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015K058108
  • Previous Sale Recording Date: Feb 15, 2007
  • Previous Sale Contract Date: Feb 05, 2007
  • Previous Sale Amount: $252,000
  • 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 South Elgin

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$217

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2188 ft²

Average Home Age

20.9 years

Currently For Sale

38 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 280 S East Avenue, South Elgin, IL, 60177

$2,195 /mo

  • 2 Beds
  • 1 Bath
  • 1,423 ft²
280 S East Avenue, South Elgin, IL, 60177 Listing by Lawrence Hines

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Maria Wildoer, CSC, Baird & Warner
Data Source: MRED, MLS# MRD06338669
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 268 Valley Forge Avenue built and last sold?
The property at 268 Valley Forge Avenue was built in 1996 and last sold on Oct 16, 2015 for $230,000.
How much is this home worth?
The estimated value of the home located at 268 Valley Forge Avenue is $0.
What are some comparable homes to 268 Valley Forge Avenue?
There are currently no comparable homes to 268 Valley Forge Avenue.
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