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Kane 60124
39W139 Adobe Ridge
$421,500
● House - Off Market

39W139 Adobe Ridge

Elgin, IL 60124
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,058 Ft²
$422,619
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

This is the one you've been waiting for! One owner fabulous custom ranch! Large, open ranch style living on 1+ acres in Plato Township!  3 bedrooms upstairs and one in finished basement with full bath! 3 full baths, master bedroom with big ensuite bath and walk in closet. Huge lot with lots of mature trees, 2 fireplaces, unique atrium in center of house, sunken living room, large family room open to big kitchen. Vaulted Ceilings!  Amazing views from every window! Burlington School District. Close to Randall Rd. and all the shopping and restaurants. At this price, this one won't last! Come quickly!
Unit Size
2,058 Ft²
Days on Market
-
Land Size
1.23 acres
Price per sqft
$207
Property Type
House
Property Taxes
$452
HOA Dues
-
Year Built
1986

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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 #11839066)

Price History

Date / Event Date Event Price
Aug 21, 2023 Sold
Premium
Sold
Jul 21, 2023 Listed by Compass $425,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,042
  • Garage Type: 1
  • Garage Square Area: 726
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,579
  • Total Building Area: 2,058
  • Gross Building Area: 2,058
  • Building Area: 2,058
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,058
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CATATOGA III
  • Land Acres: 0000001230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 850711

Geography

  • Parcel: 05-25-200-088
  • Lot: 92
  • Municipality: PLATO
  • Latitude: 42.0067
  • Longitude: -88.3789

    Address

  • Full Address: 39w139 Adobe Rdg
  • Address - House Number: 39w139
  • Address - Street Name: Adobe
  • Address - Suffix Type: Rdg
  • State: IL
  • City Name: Elgin
  • Carrier Code: R014
  • 4-Digit Zip Code: 8478
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $542,840
  • Tax Rate Code Area: PL014

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 423,918
  • High Value: 503,825
  • Low Value: 344,011

    Market Valuation

  • Market Total Value: $275,783
  • Market Land Value: $69,442
  • Market Improvement Value: $206,342

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,891
  • Assessed Land Value: $23,138
  • Assessed Improvements Value: $68,753

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28898
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 Kane

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2415 ft²

Average Home Age

33.8 years

Currently For Sale

873 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

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MRED

Listed by: Amy Foote, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11839066
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 39W139 Adobe Ridge built and last sold?
The property at 39W139 Adobe Ridge was built in 1986 and last sold on Aug 14, 2023 for $421,500.
How much is this home worth?
The estimated value of the home located at 39W139 Adobe Ridge is $0.
What are some comparable homes to 39W139 Adobe Ridge?
There are currently no comparable homes to 39W139 Adobe Ridge.
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