$140,000
●
Condo -
Off Market
409 Kenneth Circle #409
Elgin, IL 60120
1 Bed
1 Bath
1,064 Ft²
$146,129
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Move in ready! This 1 bedroom+ loft condo with private courtyard
entry is ready for a quick closing! Open floorplan, 2nd floor
laundry. Fireplace in the living room. And full length balcony on
the 2nd floor.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
-
Price per sqft
$136
Property Type
Condo
Property Taxes
$218
HOA Dues
$150
Year Built
1980
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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 #11399758)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by Premier Living Properties | $145,000 | |
| Listed by Premier Living Properties | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Total Number of Parking: 1
Parking Features: Assigned
Interior Details
Bedrooms: 1
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Second Floor Laundry, Laundry Hook-Up in Unit, Beamed Ceilings
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Rooms: 5
Fireplaces: 1
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 06074020290000
Property Type: Residential
Year Built: 1980
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Balcony, Patio
Lot Features: Common Grounds, Landscaped
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $2,615
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Hanover
Corporate Limits: Elgin
Directions: Summit St to Kenneth Cir
County or Parish: Cook
Elementary School District: 46
Elementary School: Lincoln Elementary School
Middle Or Junior School District: 46
Middle Or Junior School: Larsen Middle School
High School District: 46
High School: Elgin High School
Other Details
Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $150
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/10/2022
|
1 Bed
|
1 Bath
|
1064 ft²
|
$145,000
1 Bed
1 Bath
1064 ft²
|
$140,000
-3.45%
05/26/2022
|
Tamara O'Connor
Premier Living Properties
|
Building Info
About Northeast Elgin
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Listed by: Tamara O'Connor, Premier Living Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11399758
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11399758
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