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Elgin 60124
3169 Pearl Street
$291,500
● House - Off Market

3169 Pearl Street

Elgin, IL 60124
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,550 Ft²
$2,289
Est. Monthly
$253
HOA / Fees
5.14%
Cap Rate

About This Property

Sought after Providence Town house rarely available. Updated and move in ready for its next owner. The living room features 2 story ceilings with views to the loft above. The kitchen includes stainless steel/black appliances, ceramic tile flooring, and high-quality 42" cabinetry. The mud room/laundry area is conveniently located on the first floor. The loft is a great flex space which can be used for office area. The master suite has a full bath. The second bedroom is nice size with another full bath and loft completing the second floor.***PEASE NOTE SELLER WILL BE PAINTING THE UNIT ALONG WITH SOME MISC REPAIRS***
Unit Size
1,550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
House
Property Taxes
$563
HOA Dues
$253
Year Built
2008

Payment Calculator

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Cap Rate Calculator

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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

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,550
  • Gross Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROVIDENCE CONDO
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: PROVIDENCE CONDO ASSOCIATION - 21ST AMENDMENT - UNIT 30-3169-A

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 851913

Geography

  • Parcel: 06-19-410-069
  • Lot: 1-12
  • Municipality: ELGIN
  • Latitude: 42.0202
  • Longitude: -88.3668

    Address

  • Full Address: 3169 Pearl St
  • Legal Unit: 30
  • Address - House Number: 3169
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: R024
  • 4-Digit Zip Code: 3839
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $629,304
  • Tax Rate Code Area: EL059

    Appraisal Valuation

  • Standard Deviation: 0.1332
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 266,468
  • High Value: 301,964
  • Low Value: 230,972

    Market Valuation

  • Market Total Value: $197,140
  • Market Land Value: $64,295
  • Market Improvement Value: $132,845

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,687
  • Assessed Land Value: $21,423
  • Assessed Improvements Value: $44,264

    Sales

  • Current Sale Contract Date: Mar 11, 2013
  • Current Sale Recording Date: Sep 05, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 2013K065013
  • Previous Sale Recording Date: Feb 11, 2009
  • Previous Sale Contract Date: Jan 30, 2009
  • Previous Sale Amount: $185,000
  • 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

44

Average Home Size

2106 ft²

Average Home Age

34 years

Currently For Sale

163 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 2438 Anna Way, Elgin, IL, 60124

$2,300 /mo

  • 3 Beds
  • 2 Baths
2438 Anna Way, Elgin, IL, 60124 Listing by Meha Parikh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kristine Henderson, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12391178
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 3169 Pearl Street built and last sold?
The property at 3169 Pearl Street was built in 2008 and last sold on Mar 11, 2013 for $114,500.
How much is this home worth?
The estimated value of the home located at 3169 Pearl Street is $0.
What are some comparable homes to 3169 Pearl Street?
There are currently no comparable homes to 3169 Pearl Street.
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