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Algonquin 60102 High Hill Farms
740 Concord Court
$365,000
● House - Off Market

740 Concord Court

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,486 Ft²
$2,333
Est. Monthly
6.44%
Cap Rate

About This Property

Absolutely beautiful home, pride of ownership shows all over this home, sellers are sad to have to relocate from this home, hardwood floors cabinetry and trims, 3 bd, 1.1bath, large Living room and formal Dining room, Corian counters in kitchen, recent windows offering lots of natural light, roof, mechanicals, HVAC 2 car garage, great yard through large slider to 2 tier deck and fire-pit. Ready for you to move in and enjoy, lots of entertaining space, extra storage hidden under main level, show this home off to friends and family. Area has great restaurants, shopping, medical, historical downtown, trails, parks and conservation areas, and near Interstate and 2 train lines. Sought after neighborhood. Bring your ideas to make your dream home here! Seller is MOTIVATED, Ask seller to buy down your mortgage rate!
Unit Size
1,486 Ft²
Days on Market
-
Land Size
-
Price per sqft
$249
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1977

Payment Calculator

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 8
  • Basement Area: 396
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,762
  • Total Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,486
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH HILL FARMS UNIT 1
  • Land Acres: 0000000224
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 911607 LT 37 HIGH HILL FARMS UNIT 1

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871310

Geography

  • Parcel: 19-33-278-011
  • Block: 278
  • Lot: 37
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1631
  • Longitude: -88.3012

    Address

  • Full Address: 740 Concord Ct
  • Legal Unit: 1
  • Address - House Number: 740
  • Address - Street Name: Concord
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C008
  • 4-Digit Zip Code: 2134
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $499,256
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 283,339
  • High Value: 326,128
  • Low Value: 240,550

    Market Valuation

  • Market Total Value: $207,648
  • Market Land Value: $63,132
  • Market Improvement Value: $144,516

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,216
  • Assessed Land Value: $21,044
  • Assessed Improvements Value: $48,172
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 High Hill Farms

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2772 ft²

Average Home Age

34 years

Currently For Sale

1 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 303 Ridge Street, Algonquin, IL, 60102

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,300 ft²
303 Ridge Street, Algonquin, IL, 60102 Listing by Heidi Peterson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nicholas Tabick, RE/MAX Suburban
Data Source: MRED, MLS# MRD12256708
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 740 Concord Court built and last sold?
The property at 740 Concord Court was built in 1977 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 740 Concord Court is $0.
What are some comparable homes to 740 Concord Court?
There are currently no comparable homes to 740 Concord Court.
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