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Algonquin 60102
321 Lincoln Street
$159,000
● House - Off Market

321 Lincoln Street

ALGONQUIN, IL 60102
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$255,404
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

No More Showing. Multiple offers have been presented. Thank you. Charming 3 Bedroom Home! Hardwood floors throughout the main level. Updated Kitchen and Bathroom. Large Partially Finished Basement. Tremendous amount of space in the fenced-in backyard. Large Brick Paver Patio for entertaining. Terrific neighborhood to live in!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$149
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1957

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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 #09474587)

Price History

Date / Event Date Event Price
Mar 3, 2017 Sold
Premium
Sold
Jan 10, 2017 Listed by Coldwell Banker Real Estate Group $155,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,040
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,080
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JANAKS ADDN
  • Land Acres: 0000000200
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2017R0008377 LT 3 BLK 4 JANAKS ADDN

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871310

Geography

  • Parcel: 19-34-185-004
  • Block: 4
  • Lot: 3
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.162
  • Longitude: -88.2889

    Address

  • Full Address: 321 Lincoln St
  • Address - House Number: 321
  • Address - Street Name: Lincoln
  • Address - Suffix Type: St
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C005
  • 4-Digit Zip Code: 2818
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $369,862
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.2206
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 258,283
  • High Value: 315,284
  • Low Value: 201,283

    Market Valuation

  • Market Total Value: $147,384
  • Market Land Value: $47,310
  • Market Improvement Value: $100,074

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,128
  • Assessed Land Value: $15,770
  • Assessed Improvements Value: $33,358

    Sales

  • Current Sale Contract Date: Mar 01, 2017
  • Current Sale Recording Date: Mar 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R0008377
  • Previous Sale Recording Date: Aug 21, 2003
  • Previous Sale Contract Date: Aug 07, 2003
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Algonquin

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2453 ft²

Average Home Age

22.8 years

Currently For Sale

55 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 303 Ridge Street, Algonquin, IL, 60102

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,300 ft²
303 Ridge Street, Algonquin, IL, 60102 Listing by Heidi Peterson
Unit for rent at 1904 Cobblestone Drive, Carpentersville, IL, 60110

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,551 ft²
1904 Cobblestone Drive #1904, Carpentersville, IL, 60110 Listing by Sofiia Ilchuk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: William Squires, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09474587
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 321 Lincoln Street built and last sold?
The property at 321 Lincoln Street was built in 1957 and last sold on Mar 1, 2017 for $159,000.
How much is this home worth?
The estimated value of the home located at 321 Lincoln Street is $0.
What are some comparable homes to 321 Lincoln Street?
There are currently no comparable homes to 321 Lincoln Street.
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