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Algonquin 60102 Algonquin Heights
6 Hickory Lane
$270,000
● House - Off Market

6 Hickory Lane

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,107 Ft²
$272,975
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Looking for an updated ranch in move in condition? Look no further, as you enter, you'll be taken back by the gleaming hardwood flooring, open floor plan and beautiful color scheme. Fully renovated island kitchen with custom cabinets, corian counters and all stainless appliances. Updated full bathroom has custom tile and vanity. All 3 bedrooms have the hardwood floors and two with ceiling fans. Bedroom 3 is currently being used as an office. Large 3-season room of the back with beautiful views of your giant backyard. Full basement is finished, just need to choose your flooring. Property is right down the street from the community pool and school. Close to all other area amenities.
Unit Size
1,107 Ft²
Days on Market
-
Land Size
-
Price per sqft
$239
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1957

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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 #11720890)

Price History

Date / Event Date Event Price
Mar 29, 2023 Sold
Premium
Sold
Feb 15, 2023 Listed by Keller Williams Success Realty $264,900
Listed by Keller Williams Success Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,107
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,214
  • Building Area: 1,107
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,107
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALGONQUIN HEIGHTS UNIT 2
  • Land Acres: 0000000275
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2015R0026450 LT 27 ALGONQUIN HEIGHTS UNIT 2

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871404

Geography

  • Parcel: 19-34-428-013
  • Block: 428
  • Lot: 27
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1603
  • Longitude: -88.281

    Address

  • Full Address: 6 Hickory Ln
  • Legal Unit: 2
  • Address - House Number: 6
  • Address - Street Name: Hickory
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C003
  • 4-Digit Zip Code: 3018
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $387,152
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 256,166
  • High Value: 298,364
  • Low Value: 213,967

    Market Valuation

  • Market Total Value: $153,432
  • Market Land Value: $40,167
  • Market Improvement Value: $113,265

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,144
  • Assessed Land Value: $13,389
  • Assessed Improvements Value: $37,755

    Sales

  • Current Sale Contract Date: Mar 22, 2023
  • Current Sale Recording Date: Mar 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7068
  • Previous Sale Recording Date: Jul 20, 2015
  • Previous Sale Contract Date: Jul 07, 2015
  • Previous Sale Amount: $135,000
  • 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 Algonquin Heights

Stats & Trends

Median Asking:

$379,990

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1762 ft²

Average Home Age

30.2 years

Currently For Sale

0 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 303 Ridge Street, Algonquin, IL, 60102

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,300 ft²
303 Ridge Street, Algonquin, IL, 60102 Listing by Heidi Peterson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vincent Romano, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11720890
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 6 Hickory Lane built and last sold?
The property at 6 Hickory Lane was built in 1957 and last sold on Mar 22, 2023 for $270,000.
How much is this home worth?
The estimated value of the home located at 6 Hickory Lane is $0.
What are some comparable homes to 6 Hickory Lane?
There are currently no comparable homes to 6 Hickory Lane.
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