$226,000
●
Townhouse -
Off Market
545 LANCASTER Circle #1
Elgin, IL 60123
2 Beds
3 Baths,
1
Half Bath
1,585 Ft²
$262,042
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
"Honey, we're home!" Gorgeous open concept townhome with
soaring ceilings, expansive living/dining room and eat in kitchen
with wrap around counter space. Main bathroom newly
remodeled; basement has new full bath, too! All walls freshly
painted. Beautiful finished basement. Large master
bedroom with his and hers closets. Stainless kitchen
appliances; full size washer & dryer. Backyard is open so
there's nobody staring into your home and the front looks across to
a large park-like open space. New wood blinds. New
toilets; new dishwasher and microwave. Move right in and be
settled for the holidays! Rare opportunity to own a spacious
home with a full finished basement in this complex.
Unit Size
1,585 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
Townhouse
Property Taxes
$398
HOA Dues
$175
Year Built
1995
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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 #11231960)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2021 | Listed by RE/MAX Destiny | $235,000 | |
| Listed by RE/MAX Destiny | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Total Number of Parking: 2
Garage Spaces: 2
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 3
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Open Floorplan, Dining Combo, Drapes/Blinds
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Oven
Rooms: 5
Basement: Full
Basement Description: Finished
Exterior Details
Ownership: Condo
Exterior Building Type: Vinyl Siding, Brick
Age: 26-30 Years
Rebuilt(Y/N): No
Parcel Number: 0621377009
Property Type: Residential
Year Built: 1995
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Patio, Porch, Storms/Screens, Cable Access
Lot Features: Landscaped, Park Adjacent, Sidewalks, Streetlights
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $4,773
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Elgin
Corporate Limits: Elgin
Directions: Randall to College Green, east to Lancaster, north to property
County or Parish: Kane
Elementary School District: 46
Elementary School: Otter Creek Elementary School
Middle Or Junior School District: 46
Middle Or Junior School: Abbott Middle School
High School District: 46
High School: South Elgin High School
Other Details
Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal
Association Fee: $175
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 |
|---|---|---|---|---|---|---|---|
|
09/28/2021
|
2 Bed
|
3 Bath
|
1585 ft²
|
$235,000
2 Bed
3 Bath
1585 ft²
|
$226,000
-3.83%
11/16/2021
|
Janet Baier
RE/MAX Destiny
|
Building Info
About Southwest Elgin
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Listed by: Janet Baier, RE/MAX Destiny
Last Updated: 3 years ago
Data Source: MRED, MLS# 11231960
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# 11231960
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