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Elgin 60120 Southeast Elgin
690 Mariner Drive
$284,900
● House - Off Market

690 Mariner Drive

Elgin, IL 60120
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,592 Ft²
$299,993
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Start you 2022 with this lovely house! Spectacular location with a full finished basement. Update kitchen with upgraded stainless steel appliances! Roof has less than 10yrs, Siding-Facia, New AC-New Furnace-fresh paint etc.. You will love it for sure! Come to see it...
Unit Size
1,592 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11298514)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Jan 5, 2022 Listed by RE/MAX United $284,900
Listed by RE/MAX United

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,569
  • Total Building Area: 1,592
  • Gross Building Area: 1,592
  • Building Area: 1,592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMERHILL UNIT3
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (SUMMERHILL) (UNIT3) A SUB OF PT OF SEC SEC 19-41-09

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804406

Geography

  • District: 18
  • Parcel: 06-19-405-001-0000
  • Lot: 174
  • Meridian: SEC 19 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0231
  • Longitude: -88.2428

    Address

  • Full Address: 690 Mariner Dr
  • Legal Unit: 3
  • Address - House Number: 690
  • Address - Street Name: Mariner
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C002
  • 4-Digit Zip Code: 7603
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $575,668
  • Tax Rate Code Area: 18029

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 311,739
  • High Value: 376,616
  • Low Value: 246,863

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $42,700
  • Market Improvement Value: $197,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,270
  • Assessed Improvements Value: $19,730

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2206906120
  • Previous Sale Recording Date: Jul 15, 2015
  • Previous Sale Contract Date: Jul 08, 2015
  • Previous Sale Amount: $184,500
  • 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 Southeast Elgin

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1456 ft²

Average Home Age

46.5 years

Currently For Sale

22 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 105 Neutrenton Avenue, Elgin, IL, 60120

$2,550 /mo

  • 2 Beds
  • 2 Baths
105 Neutrenton Avenue, Elgin, IL, 60120 Listing by Ayushi Kukreja
Unit for rent at 1024 Moraine Drive, South Elgin, IL, 60177

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
1024 Moraine Drive, South Elgin, IL, 60177 Listing by Moin Haque

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joel Perez, RE/MAX United
Last Updated: 3 years ago
Data Source: MRED, MLS# 11298514
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 690 Mariner Drive built and last sold?
The property at 690 Mariner Drive was built in 1988 and last sold on Feb 28, 2022 for $285,000.
How much is this home worth?
The estimated value of the home located at 690 Mariner Drive is $0.
What are some comparable homes to 690 Mariner Drive?
There are currently no comparable homes to 690 Mariner Drive.
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