$180,000
●
House -
Off Market
638 Enterprise Street
ELGIN, IL 60120
3 Beds
2 Baths,
1
Half Bath
1,400 Ft²
$280,793
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Stunning property, loaded with Historic Charm and all the modern
conveniences, high ceilings, original trim work, hardwood floors,
full kitchen remodel in '02 with solid surface counter tops, farm
sink, center island (portable), stainless steel appliances, new
cabinets & flooring plus above cabinet lighting, updated baths with
original claw foot tub, original dining room fixture & orig. front
picture window with leaded glass, all other windows (except
backporch) NEW in '02, main floor bedroom with french doors
currently being used as office, 2 Large bedrooms upstairs with
hardwood floors, large walk in closet in Bed 2, master bedroom has
tandem bonus room perfect for office/nursery/etc. NEW electric
2010, NEW copper piping 2005, NEW Furnace & A/C 2005, NEW Hot water
heater 2014, full basement with interior & exterior access, Large
fenced yard with Outdoor shed, fully insulated with electric &
heat, multiple perennial gardens, 2 1/2 car garage, so much to see!
*Property being sold As-IS
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$125
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1915
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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 #09477864)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2023 | Sold | ||
| Sold | |||
| Aug 4, 2023 | Listed by Four Seasons Realty, Inc. | $210,000 | |
| Listed by Four Seasons Realty, Inc. | |||
| | |||
|
Welcome Home to 638 Enterprise Street! This 2-Story home features 3 bedrooms/1.1 bathrooms, full basement, approximately 1,400 square footage and a 2 car detached garage. Property is owned by the US Department of HUD. Case #137-908022. Seller makes no representations or warranties as to property condition. Seller may contribute up to 3% for buyer's closing costs, upon buyer request at time of bid. SOLD AS-IS. Equal Housing Opportunity.
| |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 20, 2021 | In contract | - | |
| In contract | |||
| Jul 12, 2021 | Listed by CENTURY 21 New Heritage West | $200,000 | |
| Listed by CENTURY 21 New Heritage West | |||
| | |||
|
VINTAGE CHARM WITH MODERN UPDATES IN THIS 3 BEDROOM, 1.5 BATHROOM HOUSE * UPDATED KITCHEN WITH SOLID SURFACE COUNTER TOPS, STAINLESS STEEL APPLIANCES, AND FARMHOUSE SINK * 2 LARGE BEDROOMS UPSTAIRS AND AN AMAZING BONUS ROOM * MANY LARGE WALK-IN CLOSETS * ORIGINAL HARDWOOD FLOOR * UPSTAIRS BATHROOM HAS ORIGINAL CLAW FOOT TUB * OUTDOOR SHED IS FULLY INSULATED WITH ELECTRIC AND HEAT * HUGE 23' X 22', 2 CAR GARAGE * UPDATED FURNACE, A/C, WATER HEATER, ROOF, AND VINYL DOUBLE PANE WINDOWS The manager has listed the unit size as 1400 square feet.
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About Northeast Elgin
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Listed by: , Century 21 New Heritage
Last Updated: 3 years ago
Data Source: MRED, MLS# 09477864
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# 09477864
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