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Elgin 60120 Northeast Elgin
736 logan Avenue
$180,000
● House - Off Market

736 logan Avenue

Elgin, IL 60120
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,450 Ft²
$277,171
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

What a great new price for this beautiful 2-story home with gleaming original woodwork throughout! Welcoming entry way with open staircase. Elegant living room with gas fireplace leading into a formal dining room and private den with french glass doors and hardwood floors throughout. Spacious kitchen with oak cabinets, ceramic tile, ceiling fan and doors leading to outside deck. 4 bedrooms on second floor with good size closet space. Full unfinished basement with roughed in plumbing (toilet already in place). Well maintained classic home with beautiful features and home warranty included!
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$138
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1930

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 970
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,363
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,780
  • Gross Building Area: 2,780
  • Building Area: 1,810
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VINCENT S LOVELL ADDN
  • Land Acres: 0000000192
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: VINCENT S LOVELL ADDN LOT 1 BLOCK 2

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 850800

Geography

  • Parcel: 06-12-327-006
  • Block: 2
  • Lot: 1
  • Municipality: ELGIN
  • Latitude: 42.0511
  • Longitude: -88.2757

    Address

  • Full Address: 736 Logan Ave
  • Address - House Number: 736
  • Address - Street Name: Logan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C003
  • 4-Digit Zip Code: 3815
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $631,172
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 289,161
  • High Value: 337,466
  • Low Value: 240,857

    Market Valuation

  • Market Total Value: $236,465
  • Market Land Value: $43,887
  • Market Improvement Value: $192,578

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,790
  • Assessed Land Value: $14,623
  • Assessed Improvements Value: $64,167

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020K035650
  • Previous Sale Recording Date: Sep 14, 2004
  • Previous Sale Contract Date: Aug 30, 2004
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Northeast Elgin

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1562 ft²

Average Home Age

65.6 years

Currently For Sale

20 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 371 Fulton Street, IL, 60120

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,600 ft²
371 Fulton Street #2, IL, 60120 Listing by Joseph Trifilio
Unit for rent at 71 Park Row, IL, 60120

$3,000 /mo

  • 4 Beds
  • 2 Baths
71 Park Row #71, IL, 60120 Listing by Joseph Trifilio

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sindy Walters, Tanis Group Realty
Data Source: MRED, MLS# MRD10636025
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 736 Logan Avenue built and last sold?
The property at 736 Logan Avenue was built in 1930 and last sold on Jun 26, 2020 for $180,000.
How much is this home worth?
The estimated value of the home located at 736 Logan Avenue is $205,082.
What are some comparable homes to 736 Logan Avenue?
There are currently no comparable homes to 736 Logan Avenue.
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