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Elgin 60120 Southeast Elgin
364 BENT Street
$260,000
● House - Off Market

364 BENT Street

Elgin, IL 60120
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,926 Ft²
$1,737
Est. Monthly
18.45%
Cap Rate

About This Property

CALLING ALL INVESTORS THIS HOME HAS A LONG TIME TENANT THIS 6 BEDROOM 1.1 BATH 2 CAR GARAGE WRAP AROUND PORCH 2 STORY HOME IS WELL LOVED AND HAS MUCH TO OFFER AN INVESTOR  RENT IS 1950 A MONTH PLEASE REACH NAOMI FOR MORE INFO NOTICE NEEDED
Unit Size
1,926 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$130
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 963
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,871
  • Total Building Area: 2,889
  • Gross Building Area: 2,889
  • Building Area: 1,926
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,926
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERMANS ADDN
  • Land Acres: 0000000295
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: SHERMANS ADDN EAST 74 FT WEST 187 FT ON SOUTH LINE LOT 7 BLOCK 4

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851400

Geography

  • Parcel: 06-24-203-018
  • Block: 4
  • Lot: 7
  • Municipality: ELGIN
  • Latitude: 42.027
  • Longitude: -88.272

    Address

  • Full Address: 364 Bent St
  • Address - House Number: 364
  • Address - Street Name: Bent
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C019
  • 4-Digit Zip Code: 7872
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $566,798
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 263,789
  • High Value: 304,813
  • Low Value: 222,764

    Market Valuation

  • Market Total Value: $196,176
  • Market Land Value: $37,953
  • Market Improvement Value: $158,223

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,366
  • Assessed Land Value: $12,646
  • Assessed Improvements Value: $52,720

    Sales

  • Current Sale Contract Date: Mar 09, 2017
  • Current Sale Recording Date: Mar 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K015411
  • Previous Sale Recording Date: May 27, 2011
  • Previous Sale Contract Date: Feb 22, 2011
  • Previous Sale Amount: $51,000
  • Previous Sale Document Type: 68
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 Southeast Elgin

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1519 ft²

Average Home Age

49.3 years

Currently For Sale

23 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 1615 Maureen Drive, Hoffman Estates, IL, 60192

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,647 ft²
1615 Maureen Drive, Hoffman Estates, IL, 60192 Listing by Mungunzul Tumurbaatar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Naomi Campbell, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12361559
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 364 Bent Street built and last sold?
The property at 364 Bent Street was built in 1900 and last sold on Mar 9, 2017 for $165,000.
How much is this home worth?
The estimated value of the home located at 364 Bent Street is $0.
What are some comparable homes to 364 Bent Street?
There are currently no comparable homes to 364 Bent Street.
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