For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Elgin 60124
3555 Tournament Drive
$840,000
● House - Off Market

3555 Tournament Drive

Elgin, IL 60124
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,385 Ft²
$5,637
Est. Monthly
$48
HOA / Fees
4.29%
Cap Rate

About This Property

COMING SOON to Bowes Creek Country Club!!  Stunning 5 bed, 4.1 bath home with gorgeous golf course/pond views. Enjoy your private backyard oasis with inground saltwater pool, huge patio surrounded by mature lush landscaping, and a Trex deck above with pergola. Beautiful finishes throughout the home include grand staircase, hardwood floors, 2-story family room, custom moldings, gourmet kitchen, 2 fireplaces, built-in speaker system, central vacuum, and finished walkout basement. Contact LA for more information!
Unit Size
4,385 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$194
Property Type
House
Property Taxes
$1,416
HOA Dues
$48
Year Built
2008

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.

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,106
  • Garage Type: 3
  • Garage Square Area: 798
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,527
  • Total Building Area: 4,147
  • Gross Building Area: 4,147
  • Building Area: 4,147
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 4,147
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOWES CREEK COUNTRY CLUB
  • Land Acres: 0000000265
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: BOWES CREEK COUNTRY CLUB PHASE 2 PT OF LT 162 WITH 05-25-460-014

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 850709

Geography

  • Subdivision Phase Number: 2
  • Parcel: 05-36-130-001
  • Lot: 162
  • Municipality: PLATO
  • Latitude: 41.9988
  • Longitude: -88.3859

    Address

  • Full Address: 3555 Tournament Dr
  • Address - House Number: 3555
  • Address - Street Name: Tournament
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: R014
  • 4-Digit Zip Code: 3104
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,618,532
  • Tax Rate Code Area: PL057

    Appraisal Valuation

  • Standard Deviation: 0.0879
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 758,933
  • High Value: 825,699
  • Low Value: 692,167

    Market Valuation

  • Market Total Value: $564,703
  • Market Land Value: $96,143
  • Market Improvement Value: $468,559

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $188,159
  • Assessed Land Value: $32,035
  • Assessed Improvements Value: $156,124

    Sales

  • Current Sale Contract Date: Jul 05, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40950
  • Previous Sale Recording Date: Jul 29, 2008
  • Previous Sale Contract Date: Jun 24, 2008
  • Previous Sale Amount: $838,500
  • 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 Elgin

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2083 ft²

Average Home Age

38 years

Currently For Sale

159 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Matthew Kveton, Keller Williams Inspire
Data Source: MRED, MLS# MRD12352038
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 3555 Tournament Drive built and last sold?
The property at 3555 Tournament Drive was built in 2008 and last sold on Jul 5, 2022 for $765,000.
How much is this home worth?
The estimated value of the home located at 3555 Tournament Drive is $858,500.
What are some comparable homes to 3555 Tournament Drive?
There are currently no comparable homes to 3555 Tournament Drive.
Recent Neighborhood News
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
The Current Status of iBuying in 2026: What To Know
Popular Searches
Plato Homes for Sale
Plato Houses for Sale
Plato Townhouses for Sale
Plato Land for Sale
Plato Commercial for Sale
Plato Homes with Basements
Plato Homes with Pools
Plato Homes with Parking
Nearby Cities
Elgin Homes for Sale
St. Charles Homes for Sale
South Elgin Homes for Sale
Carpentersville Homes for Sale
Pingree Grove Homes for Sale
Campton Hills Homes for Sale
Hampshire Homes for Sale
Gilberts Homes for Sale
Nearby Property Records
Kane County, IL Property Records
McHenry County, IL Property Records
DeKalb County, IL Property Records
DuPage County, IL Property Records
Boone County, IL Property Records
Kendall County, IL Property Records
Will County, IL Property Records
Walworth County, WI Property Records
Neighborhoods
Northeast Elgin Real Estate
Grant Park Real Estate
College Green Real Estate
North Country Knolls Real Estate
Southwest Elgin Real Estate
Gifford Park Real Estate
Century Oaks West Real Estate
Southeast Elgin Real Estate
Nearby Counties
Elgin Homes for Sale
St. Charles Homes for Sale
Dundee Homes for Sale
Rutland Homes for Sale
Campton Homes for Sale
Hampshire Homes for Sale
Virgil Homes for Sale
Burlington Homes for Sale
Top Real Estate Agents
Top Agents in Plato
Top Agents in Elgin
Top Agents in Elgin
Top Agents in St. Charles
Top Agents in Dundee
Top Agents in Rutland
Top Agents in 60123
Top Agents in St. Charles