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Palatine 60067
681 N Eagle Lane
$365,500
● House - Off Market

681 N Eagle Lane

Palatine, IL 60067
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,416 Ft²
$396,185
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Captivating, updated 3 bedroom, all brick and maintenance-free ranch with 2 car garage, situated in a quiet neighborhood, accessible to all conveniences, a short walk to Ashwood park and Palatine bike trail. Among the many upgrades include stunning remodeled kitchen with granite countertops, stainless steel appliances, hardwood floors, newer triple sliders leading to paver patio and fenced, private back yard. Both bathrooms have been updated within the last few years, furnace and A/C replaced in 2016, washer and dryer 2018, water heater in 2019 and sump pump in 2020.  Once you see it, you will agree all you need to do is just move in.  A quick close is possible!
Unit Size
1,416 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$246
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1963

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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 #11162622)

Price History

Date / Event Date Event Price
Sep 7, 2021 Sold
Premium
Sold
Jul 20, 2021 Listed by Century 21 1st Class Homes $349,000
Listed by Century 21 1st Class Homes

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,300
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,416
  • Gross Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CINDERELLA PARK
  • Land Acres: 0000000214
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (CINDERELLA) (PARK) SUB OF PT OF NW SEC 14-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803604

Geography

  • District: 29
  • Parcel: 02-14-110-002-0000
  • Lot: 45
  • Meridian: SEC 14 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1234
  • Longitude: -88.0418

    Address

  • Full Address: 681 N Eagle Ln
  • Address - House Number: 681
  • Street Direction: N
  • Address - Street Name: Eagle
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Palatine
  • Carrier Code: C062
  • 4-Digit Zip Code: 3515
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $973,781
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2007
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 421,247
  • High Value: 505,818
  • Low Value: 336,676

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $74,400
  • Market Improvement Value: $265,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $7,440
  • Assessed Improvements Value: $26,560

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2129142040
  • Previous Sale Recording Date: Nov 19, 2007
  • Previous Sale Contract Date: Oct 19, 2007
  • Previous Sale Amount: $302,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Palatine

Stats & Trends

Median Asking:

$384,950

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1826 ft²

Average Home Age

42.3 years

Currently For Sale

101 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 1073 W Elm Street, Palatine, IL, 60067

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,616 ft²
1073 W Elm Street, Palatine, IL, 60067 Listing by Edan Gelt
Unit for rent at 274 W Pleasant Hill Boulevard, Palatine, IL, 60067

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
274 W Pleasant Hill Boulevard, Palatine, IL, 60067 Listing by Michelle Rushing

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: James Abbate, Century 21 1st Class Homes
Last Updated: 3 years ago
Data Source: MRED, MLS# 11162622
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 681 North Eagle Lane built and last sold?
The property at 681 North Eagle Lane was built in 1963 and last sold on Aug 30, 2021 for $365,500.
How much is this home worth?
The estimated value of the home located at 681 North Eagle Lane is $0.
What are some comparable homes to 681 North Eagle Lane?
There are currently no comparable homes to 681 North Eagle Lane.
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