$275,000
●
Condo -
Off Market
572 Lancaster Circle #572
Elgin, IL 60123
3 Beds
2 Baths
1,444 Ft²
$1,975
Est. Monthly
$265
HOA / Fees
9.37%
Cap Rate
About This Property
Remodeled 2nd floor ranch has 3 bedrooms and 2 baths. NEW flooring
& paint, all windows have been replaced (including the
skylights), bathrooms completely redone! Nothing to do here, but
move in & enjoy the beautiful views from the deck that overlooks
green open space. Vaulted ceiling, 2 skylights (new) & gas
fireplace in living room plus an adjoining dining area. Eat-in
kitchen with a generous amount of cabinets/counter space. Kitchen
with new quartz counters, fresh new tile back splash, black SS
appliances (oven/microwave/dishwasher). 2 car garage with a new
overhead door. Convenient location too, easy access to Randall,
RT20 or RT31, shopping & restaurants.
Unit Size
1,444 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
Condo
Property Taxes
$369
HOA Dues
$265
Year Built
1995
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #12217419)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by Baird & Warner Real Estate - Algonquin | $272,995 | |
| Listed by Baird & Warner Real Estate - Algonquin | |||
| Apr 12, 2007 | Sold | ||
| Sold | |||
| Jun 21, 2006 | Listed by RE/MAX Horizon | $189,900 | |
| Listed by RE/MAX Horizon | |||
| | |||
|
"View to-die-for". Right outside of your balcony it was once the Golf Course and still beautiful grounds. Great place to take a walk,etc. Lovely 2nd floor ranch has 2 bedrooms, loft and 2 baths. Vaulted ceiling, 2 skylights & gas log fireplace in living room. Eat-in kitchen, built-in desk & beautiful oak cabinets. 2 car garage.Loft can be 3rd bedroom. (#142)
| |||
Property Highlights
Fireplace
Parking Details
Total Number of Parking: 2
Garage Spaces: 2
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 3
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Skylight(s), Laundry Hook-Up in Unit, Storage
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Humidifier
Rooms: 6
Fireplace Features: Attached Fireplace Doors/Screen, Gas Log
Fireplaces: 1
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 26-30 Years
Rehab Year: 2024
Rebuilt(Y/N): No
Parcel Number: 0621377032
Property Type: Residential
Year Built: 1995
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Balcony, Storms/Screens
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $4,426
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Elgin
Corporate Limits: Elgin
Directions: I90 TO RANDALL, S.2 COLLEGE GRN, E.2 LANCASTER
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: Larkin High School
Other Details
Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal
Association Fee: $265
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
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 |
|---|---|---|---|---|---|---|---|
|
12/04/2024
|
3 Bed
|
2 Bath
|
1444 ft²
|
$272,995
3 Bed
2 Bath
1444 ft²
|
$275,000
+0.73%
02/11/2025
|
Kim Kern
Baird & Warner Real Estate - Algonquin
| |
|
06/21/2006
|
2 Bed
|
2 Bath
|
-
|
$189,900
2 Bed
2 Bath
|
$182,000
-4.16%
04/12/2007
|
Judi Falbisaner, CRS,GRI
RE/MAX Horizon
|
Building Info
About Southwest Elgin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hilda Jones, Baird & Warner Real Estate - Algonquin
Last Updated: 2 years ago
Data Source: MRED, MLS# 12217419
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: 2 years ago
Data Source: MRED, MLS# 12217419
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017