For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Elgin 60124
3024 Settlers Parkway
$365,650
● House - Off Market

3024 Settlers Parkway

ELGIN, IL 60124
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,656 Ft²
$577,961
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Very Elegant Freshly Painted 3600+ sq ft Corliss Model Located in the Highly Regarded 301 School District and in the Providence Subdivision. This Home Features 4 Large Bedrooms and Spacious Walk In Closets. The Mastersuite offers Vaulted Ceilings, 2 Walk In Closets , Full Bathroom with Double Vanity, Separate Shower. Spacious Second Floor Hallway with Elegant Oak Banisters. The Home also Features a Very Large Kitchen with a Huge Island and Walk In Pantry. Spacious Family Room and a Large Den with French Doors. The Backyard Offers a Sizeable Brick Paver Patio for Your Outdoor Enjoyment. The Garage is a 3 Car Tandem! Providence has 3 Large Parks, a Boathouse with a Sizeable Pond and a Marquee Wall Entrance. This is a Must See Home!
Unit Size
3,656 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$98
Property Type
House
Property Taxes
$838
HOA Dues
-
Year Built
2005

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #09514417)

Price History

Date / Event Date Event Price
Jun 9, 2017 Sold
Premium
Sold
Feb 27, 2017 Listed by Street Side Realty LLC $360,000
Listed by Street Side Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,415
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Frontage Feet: 900
  • Total Building Area: 5,071
  • Gross Building Area: 5,071
  • Building Area: 3,656
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 3,656
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROVIDENCE
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: PROVIDENCE UNIT 1 LOT 84

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 851911

Geography

  • Parcel: 06-17-327-006
  • Lot: 84
  • Municipality: ELGIN
  • Latitude: 42.0354
  • Longitude: -88.3544

    Address

  • Full Address: 3024 Settlers Pkwy
  • Legal Unit: 1
  • Address - House Number: 3024
  • Address - Street Name: Settlers
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Elgin
  • Carrier Code: R007
  • 4-Digit Zip Code: 8936
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,180,478
  • Tax Rate Code Area: EL059

    Appraisal Valuation

  • Standard Deviation: 0.1494
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 517,316
  • High Value: 594,632
  • Low Value: 440,001

    Market Valuation

  • Market Total Value: $387,812
  • Market Land Value: $100,306
  • Market Improvement Value: $287,506

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,219
  • Assessed Land Value: $33,422
  • Assessed Improvements Value: $95,797

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2017
  • Current Sale Recording Date: Jul 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K037579
  • Previous Sale Recording Date: Oct 13, 2005
  • Previous Sale Contract Date: Aug 16, 2005
  • Previous Sale Amount: $392,000
  • 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 Elgin

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2100 ft²

Average Home Age

34 years

Currently For Sale

161 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 2460 Otter Creek Lane, Elgin, IL, 60123

$3,900 /mo

  • 4 Beds
  • 2 Baths
2460 Otter Creek Lane, Elgin, IL, 60123 Listing by Ketan Thakkar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Street Side Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09514417
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 3024 Settlers Parkway built and last sold?
The property at 3024 Settlers Parkway was built in 2005 and last sold on Jun 5, 2017 for $366,000.
How much is this home worth?
The estimated value of the home located at 3024 Settlers Parkway is $381,955.
What are some comparable homes to 3024 Settlers Parkway?
There are currently no comparable homes to 3024 Settlers Parkway.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Elgin Homes for Sale
Elgin Houses for Sale
Elgin Condos for Sale
Elgin Townhouses for Sale
Elgin Multifamily for Sale
Elgin Land for Sale
Elgin Commercial for Sale
Elgin Homes with Basements
Nearby Cities
Schaumburg Homes for Sale
Palatine Homes for Sale
Arlington Heights Homes for Sale
Wheaton Homes for Sale
Lombard Homes for Sale
Crystal Lake Homes for Sale
Hoffman Estates Homes for Sale
Bartlett Homes for Sale
Nearby Property Records
Kane County, IL Property Records
DuPage County, IL Property Records
McHenry County, IL Property Records
DeKalb County, IL Property Records
Boone County, IL Property Records
Kendall County, IL Property Records
Cook County, IL Property Records
Will County, IL Property Records
Neighborhoods
Four Colonies Real Estate
Lake In The Hills Estates Real Estate
Meadowbrook Real Estate
Crystal Lake Real Estate
Northeast Elgin Real Estate
Buffalo Grove Real Estate
Coventry Real Estate
Boulder Ridge Country Club Estates Real Estate
Nearby Counties
York Homes for Sale
Schaumburg Homes for Sale
Milton Homes for Sale
Palatine Homes for Sale
Algonquin Homes for Sale
Bloomingdale Homes for Sale
Hanover Homes for Sale
Elk Grove Homes for Sale
Top Real Estate Agents
Top Agents in Elgin
Top Agents in York
Top Agents in Schaumburg
Top Agents in Milton
Top Agents in Palatine
Top Agents in Algonquin
Top Agents in Bloomingdale
Top Agents in Hanover