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Elgin 60123 North Country Knolls
275 Coventry Court
$537,000
● House - Off Market

275 Coventry Court

Elgin, IL 60123
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,346 Ft²
$3,488
Est. Monthly
7.06%
Cap Rate

About This Property

PHENOMENAL FAMILY HOME has had expert expansion to create a super functional, life enhancing floorplan! 3 Full Baths, 2 half baths, large 2nd FL Laundry Rm w/utility sink, built-in ironing board & walk-in closet. Relaxed Family Rm/Great Rm style living. 1st Flr 5th bedroom/office & extra shower allows for possible in-law arrangement! Large island kitchen w/custom Amish cabinets, stainless appliances, quartz c-tops & butler pantry. Finished bsmt w/recessed lighting features Rec & Game Rooms, 2nd Kitchen = great entertainment space for family, adults or kids!  Wonderful cul-de-sac yard is just under 1/2 acre! Stamped concrete patio w/new gazebo in 2021! 2X6 exterior wall construction for excellent energy efficiency! Outstanding condition throughout!
Unit Size
3,346 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$157
Property Type
House
Property Taxes
$910
HOA Dues
-
Year Built
1988

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,585
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,931
  • Gross Building Area: 4,931
  • Building Area: 3,346
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 3,346
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAMSBURG COMMONS
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WILLIAMSBURG COMMONS UNIT 3 LOT 76

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851904

Geography

  • Parcel: 06-16-227-019
  • Lot: 76
  • Municipality: ELGIN
  • Latitude: 42.0411
  • Longitude: -88.3242

    Address

  • Full Address: 275 Coventry Ct
  • Legal Unit: 3
  • Address - House Number: 275
  • Address - Street Name: Coventry
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Elgin
  • Carrier Code: C076
  • 4-Digit Zip Code: 5081
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,023,792
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 468,152
  • High Value: 538,582
  • Low Value: 397,723

    Market Valuation

  • Market Total Value: $372,356
  • Market Land Value: $72,815
  • Market Improvement Value: $299,541

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,069
  • Assessed Land Value: $24,262
  • Assessed Improvements Value: $99,807

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 14, 2002
  • Current Sale Recording Date: May 10, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2002K061313
  • Previous Sale Recording Date: Oct 03, 1996
  • Previous Sale Contract Date: Sep 27, 1996
  • Previous Sale Amount: $229,000
  • 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:

$365,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1636 ft²

Average Home Age

43.3 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 2030 Padua Drive, Elgin, IL, 60123

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 3,561 ft²
2030 Padua Drive, Elgin, IL, 60123 Listing by Valerie Rivelli

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brian Knott, RE/MAX Horizon
Data Source: MRED, MLS# MRD12314474
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 275 Coventry Court built and last sold?
The property at 275 Coventry Court was built in 1988 and last sold on Feb 14, 2002 for $280,000.
How much is this home worth?
The estimated value of the home located at 275 Coventry Court is $0.
What are some comparable homes to 275 Coventry Court?
There are currently no comparable homes to 275 Coventry Court.
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