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South Elgin 60177
626 Dean Drive
$227,500
● House - Off Market

626 Dean Drive

South Elgin, IL 60177
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,025 Ft²
$1,366
Est. Monthly
9.90%
Cap Rate

About This Property

Discover comfortable living with this spacious duplex ranch that is move-in ready. This charming home features 2 bedrooms and 1 bathroom, perfect for those seeking a cozy yet functional space. Enjoy the convenience of an attached garage with driveway and a fenced yard, ideal for outdoor activities and privacy. Recent updates include a new furnace installed in 2023, brand new water heater, and a roof from around 2018, ensuring peace of mind for years to come. With no HOA fees, this property offers freedom and flexibility. Located near top-rated schools, beautiful parks, restaurants, shopping, and entertainment, this home combines comfort with a vibrant community lifestyle.
Unit Size
1,025 Ft²
Days on Market
-
Land Size
-
Price per sqft
$215
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1987

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,982
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX VIEW SUB
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: FOX VIEW SUB LOT 11 (EXCEPT NORTH 41 FT)

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 854900

Geography

  • Parcel: 06-27-476-022
  • Lot: 11
  • Municipality: ELGIN
  • Latitude: 42.0027
  • Longitude: -88.3065

    Address

  • Full Address: 626 Dean Dr
  • Address - House Number: 626
  • Address - Street Name: Dean
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: South Elgin
  • Carrier Code: C003
  • 4-Digit Zip Code: 1156
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $312,920
  • Tax Rate Code Area: EL012

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 69
  • Final Value: 210,614
  • High Value: 257,337
  • Low Value: 163,890

    Market Valuation

  • Market Total Value: $127,140
  • Market Land Value: $29,952
  • Market Improvement Value: $97,188

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,363
  • Assessed Land Value: $9,980
  • Assessed Improvements Value: $32,383

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 2005
  • Current Sale Recording Date: Dec 09, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005K147352
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 South Elgin

Stats & Trends

Median Asking:

$364,999

Sale Price/ft²

$217

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2082 ft²

Average Home Age

20.8 years

Currently For Sale

33 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 280 S East Avenue, South Elgin, IL, 60177

$2,195 /mo

  • 2 Beds
  • 1 Bath
  • 1,423 ft²
280 S East Avenue, South Elgin, IL, 60177 Listing by Lawrence Hines
Unit for rent at 375 Woodridge Circle, South Elgin, IL, 60177

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
375 Woodridge Circle #F, South Elgin, IL, 60177 Listing by George Carlson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Saladino, Keller Williams ONEChicago
Data Source: MRED, MLS# MRD12397758
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 626 Dean Drive built and last sold?
The property at 626 Dean Drive was built in 1987 and last sold on Nov 21, 2005 for $164,000.
How much is this home worth?
The estimated value of the home located at 626 Dean Drive is $0.
What are some comparable homes to 626 Dean Drive?
There are currently no comparable homes to 626 Dean Drive.
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