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Elgin 60123 Grant Park
275 MCCLURE Avenue
$261,000
● House - Off Market

275 MCCLURE Avenue

Elgin, IL 60123
bedrooms
6 Beds
bathrooms
2 Baths
square feet
1,910 Ft²
$266,002
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Looking for your new home? Look no further...Here you have tons of sopace. 6 Bedrooms, 2 full bathrooms, back porck for relaxation, fenced in back yard and stamped concrete patio for your summer entertainment. 2 Car garage plus a huge driveway for several cars. Nothing to do but move in: Remodeled Kithcen with beatutiful white shaker kitchen cabinets, counter tops, sink & facuet. All new appliances, Remodeled bathrooms, new light fixtures, 2021 New furnace, Fresh Interior and Exterior paint, All new vinyl windows, Brand new waterproof laminated floors & new carpet. Make this your new home! Excellent location, Don't miss this opportunity!
Unit Size
1,910 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$136
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11421049)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
Jun 1, 2022 Listed by Brenda E Puga $260,000
Listed by Brenda E Puga

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 2
  • 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: 810
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,906
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,720
  • Gross Building Area: 2,720
  • Building Area: 1,910
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,910
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FINLA L MCCLURES ADDN
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: FINLA L MCCLURES ADDN WEST 133 FT SOUTH 16 FT OF LOT 8 & WEST 133 FT LOT 7 BLOCK 1

Neighborhood

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

Geography

  • Parcel: 06-14-176-002
  • Block: 1
  • Lot: 8,7
  • Municipality: ELGIN
  • Latitude: 42.0398
  • Longitude: -88.2964

    Address

  • Full Address: 275 Mcclure Ave
  • Address - House Number: 275
  • Address - Street Name: Mcclure
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C074
  • 4-Digit Zip Code: 5359
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $546,178
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 292,301
  • High Value: 340,492
  • Low Value: 244,111

    Market Valuation

  • Market Total Value: $207,047
  • Market Land Value: $48,118
  • Market Improvement Value: $158,929

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,988
  • Assessed Land Value: $16,033
  • Assessed Improvements Value: $52,955

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 37844
  • Previous Sale Recording Date: Jul 17, 2006
  • Previous Sale Contract Date: Jun 26, 2006
  • Previous Sale Amount: $184,500
  • 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:

$370,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1661 ft²

Average Home Age

41.9 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 71 Park Row, IL, 60120

$3,000 /mo

  • 4 Beds
  • 2 Baths
71 Park Row #71, IL, 60120 Listing by Joseph Trifilio
Unit for rent at 155 Festival Court, Elgin, IL, 60120

$2,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,900 ft²
155 Festival Court, Elgin, IL, 60120 Listing by Graciela Martinez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brenda Puga, Brenda E Puga
Last Updated: 3 years ago
Data Source: MRED, MLS# 11421049
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 McClure Avenue built and last sold?
The property at 275 McClure Avenue was built in 1900 and last sold on Jul 12, 2022 for $261,000.
How much is this home worth?
The estimated value of the home located at 275 McClure Avenue is $0.
What are some comparable homes to 275 McClure Avenue?
There are currently no comparable homes to 275 McClure Avenue.
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