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Elgin 60120 Gifford Park
54 WALKER Place
$143,500
● House - Off Market

54 WALKER Place

ELGIN, IL 60120
bedrooms
4 Beds
bathrooms
1 Bath
$258,429
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

HUGE 4 BEDROOM  1 BATH ON A DOUBLE LOT!!! THIS HOUSE HAS BEEN IN THIS FAMILY FOR GENERATIONS. GREAT WOODWORK NEED SOME REPAIRS. BRING ME AN OFFER MAKE SURE YOU SHOW YOUR INVESTORS THIS ONE. PLEASE READ AGENTS REMARKS!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1900

Payment Calculator

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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: 2 years ago (MRED MLS #06399694)

Price History

Date / Event Date Event Price
Aug 10, 2007 Sold
Premium
Sold
Feb 2, 2007 Listed by Insider Show Homes, LLC $149,000
Listed by Insider Show Homes, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 8
  • Basement Area: 1,000
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,580
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,000
  • Gross Building Area: 3,000
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALKERS ADDN
  • Land Acres: 0000000197
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WALKERS ADDN LOT 4 BLOCK 3

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851301

Geography

  • Parcel: 06-13-257-009
  • Block: 3
  • Lot: 4
  • Municipality: ELGIN
  • Latitude: 42.0383
  • Longitude: -88.2727

    Address

  • Full Address: 54 Walker Pl
  • Address - House Number: 54
  • Address - Street Name: Walker
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Elgin
  • Carrier Code: C035
  • 4-Digit Zip Code: 5769
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $643,866
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 301,405
  • High Value: 343,271
  • Low Value: 259,538

    Market Valuation

  • Market Total Value: $222,851
  • Market Land Value: $45,948
  • Market Improvement Value: $176,903

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,254
  • Assessed Land Value: $15,310
  • Assessed Improvements Value: $58,944

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49074
  • Previous Sale Recording Date: Aug 23, 2007
  • Previous Sale Contract Date: Aug 03, 2007
  • Previous Sale Amount: $115,000
  • 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 Southeast Elgin

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$213

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1609 ft²

Average Home Age

46.2 years

Currently For Sale

27 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 1154 Megan Court, Elgin, IL, 60120

$3,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,600 ft²
1154 Megan Court, Elgin, IL, 60120 Listing by Cameel Halim

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Insider Show Homes, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 06399694
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 54 Walker Place built and last sold?
The property at 54 Walker Place was built in 1900 and last sold on Sep 22, 2022 for $158,000.
How much is this home worth?
The estimated value of the home located at 54 Walker Place is $150,490.
What are some comparable homes to 54 Walker Place?
There are currently no comparable homes to 54 Walker Place.
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