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South Elgin 60177
380 Juniper Lane
$401,000
● House - Off Market

380 Juniper Lane

South Elgin, IL 60177
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,368 Ft²
$2,572
Est. Monthly
8.38%
Cap Rate

About This Property

Fall in love with this elegant home! All new since 2015: Ceramic floors all first floor, hardwood floors stairs & second floor, remodeled master & second bath upstairs, ceramic tile outside front entrance, epoxy flooring garage, new furnace and water heater, new garage door, new washer & dryer, and upgraded insulation in the attic. Private back yard with stamped concrete patio & metal gazebo. This home is close to multiple parks, ponds and the Fox River. South Elgin offers summer concerts, holiday community events and more! Be sure to check out the South Elgin website for additional community offerings that are unique to this beautiful town.
Unit Size
2,368 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$169
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1992

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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 #12033640)

Price History

Date / Event Date Event Price
Jun 28, 2024 Sold
Premium
Sold
May 16, 2024 Listed by RE/MAX All Pro $400,000
Listed by RE/MAX All Pro

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,368
  • Gross Building Area: 2,368
  • Building Area: 2,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUGAR RIDGE
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: SUGAR RIDGE UNIT 2 LOT 503

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851801

Geography

  • Parcel: 06-34-377-014
  • Lot: 503
  • Municipality: ELGIN
  • Latitude: 41.9867
  • Longitude: -88.3136

    Address

  • Full Address: 380 Juniper Ln
  • Legal Unit: 2
  • Address - House Number: 380
  • Address - Street Name: Juniper
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: South Elgin
  • Carrier Code: R058
  • 4-Digit Zip Code: 2710
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $729,174
  • Tax Rate Code Area: EL012

    Appraisal Valuation

  • Standard Deviation: 0.1517
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 376,159
  • High Value: 433,254
  • Low Value: 319,064

    Market Valuation

  • Market Total Value: $272,311
  • Market Land Value: $70,006
  • Market Improvement Value: $202,305

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,734
  • Assessed Land Value: $23,326
  • Assessed Improvements Value: $67,408

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2015
  • Current Sale Recording Date: Jun 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015K031639
  • Previous Sale Recording Date: Jul 11, 2002
  • Previous Sale Contract Date: Jun 28, 2002
  • Previous Sale Amount: $217,500
  • 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 South Elgin

Stats & Trends

Median Asking:

$364,950

Sale Price/ft²

$217

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2108 ft²

Average Home Age

22.9 years

Currently For Sale

38 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

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MRED

Listed by: Raymond Watson, RE/MAX All Pro
Last Updated: 3 years ago
Data Source: MRED, MLS# 12033640
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 380 Juniper Lane built and last sold?
The property at 380 Juniper Lane was built in 1992 and last sold on Jun 12, 2015 for $246,000.
How much is this home worth?
The estimated value of the home located at 380 Juniper Lane is $0.
What are some comparable homes to 380 Juniper Lane?
There are currently no comparable homes to 380 Juniper Lane.
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