See Home Value
South Elgin 60177
720 Riverside Drive
$200,000
● House - Off Market

720 Riverside Drive

South Elgin, IL 60177
bedrooms
2 Beds
bathrooms
2 Baths
square feet
848 Ft²
$221,605
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Unique RIVERFRONT property offering 2 cottages & 60 Ft water frontage! Kayak canoe or fish out your backyard! Great for investors looking for awesome rental income or Buyer wanting to live in one & rent the other...possible in law setup as well. There are 2 address's 720 & 722 and one parcel number ~the smaller cottage is a 2 bedroom w/approximately 543 Sq ft of living space~The larger one has approximately 848 Sq ft w/ 2 bedrooms plus a large Den that could possibly be a 3rd bedroom~ Currently both are rented with 1 year lease ending May 31st 2023. The buyer would have to honor those lease's until then. The smaller is now rented for $950 a month and larger rented for $1250 a month~Renters are willing to sign a new lease in May if Buyer wishes~ Both have central air, laundry hookups~ both have newer roofs 3 years old. Fabulous location boasting 2 parks 1 block down the street
Unit Size
848 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$259
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
1954

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Last updated: 3 years ago (MRED MLS #11657034)

Price History

Date / Event Date Event Price
May 2, 2023 Sold
Sold
Oct 20, 2022 Listed by Homesmart Connect LLC $219,900
Listed by Homesmart Connect LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX RIVER CRYSTAL SPRINGS
  • Land Acres: 0000000179
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: FOX RIVER CRYSTAL SPRINGS LOTS 3 & 4 BLOCK 9

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851801

Geography

  • Parcel: 06-35-378-002
  • Block: 9
  • Lot: 3,4
  • Municipality: ELGIN
  • Latitude: 41.9875
  • Longitude: -88.2936

    Address

  • Full Address: 720 Riverside Dr
  • Address - House Number: 720
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: South Elgin
  • Carrier Code: R056
  • 4-Digit Zip Code: 2429
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $651,260
  • Tax Rate Code Area: EL012

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 267,008
  • High Value: 310,514
  • Low Value: 223,503

    Market Valuation

  • Market Total Value: $227,131
  • Market Land Value: $36,798
  • Market Improvement Value: $190,333

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,680
  • Assessed Land Value: $12,261
  • Assessed Improvements Value: $63,419

    Sales

  • Current Sale Contract Date: May 02, 2023
  • Current Sale Recording Date: May 05, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14370
  • Previous Sale Recording Date: Jun 25, 1999
  • Previous Sale Contract Date: May 26, 1999
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Elgin


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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
Unit for rent at 1025 Manchester Court, South Elgin, IL, 60177

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,150 ft²
1025 Manchester Court #1025, South Elgin, IL, 60177 Listing by Jaimie Banke


Frequently Asked Questions

When was property at 720 Riverside Drive built and last sold?
The property at 720 Riverside Drive was built in 1954 and last sold on May 2, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 720 Riverside Drive is $220,551.
What are some comparable homes to 720 Riverside Drive?
There are currently no comparable homes to 720 Riverside Drive.