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South Elgin 60177
753 Waterside Drive
$559,000
● House - Off Market

753 Waterside Drive

South Elgin, IL 60177
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,890 Ft²
$589,913
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

This custom WATERFRONT Keim-built home is in Thornwood Pool Community and St. Charles School District. The dramatic two-story foyer has hardwood flooring and fresh, decorator paint colors. Gather around the stone fireplace in the family room that has a wall of windows and a catwalk. The kitchen has bright cabinetry, a double oven, island, hardwood flooring and granite countertops. The finished basement has a large rec room and a workshop or craft room. Enjoy beautiful water view from your brick patio and walk to Thornwood Clubhouse! Enjoy one of the many parks, bike trails and walking path or play basketball, tennis, or volleyball on one of the sport courts. Walk to dining and shopping! NEW ROOF AND SIDING IN 2019, NEW HVAC IN 2020, NEW WATER HEATER IN 2021 and NEW CARPETING IN 2022!
Unit Size
2,890 Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
House
Property Taxes
$945
HOA Dues
$142
Year Built
2001

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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
With View

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 882
  • Garage Type: 1
  • Garage Square Area: 819
  • Parking Space Count: 3
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,490
  • Total Building Area: 2,890
  • Gross Building Area: 2,890
  • Building Area: 2,890
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,890
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THORNWOOD SUB
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: 322 PHS 4A

Neighborhood

  • School District Name: St. Charles Community Unit School District 303
  • Census Tract: 852101

Geography

  • Parcel: 09-05-406-009
  • Lot: 47
  • Municipality: SAINT CHARLES
  • Latitude: 41.9758
  • Longitude: -88.3496

    Address

  • Full Address: 753 Waterside Dr
  • Address - House Number: 753
  • Address - Street Name: Waterside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: South Elgin
  • Carrier Code: R055
  • 4-Digit Zip Code: 3718
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,182,546
  • Tax Rate Code Area: SC073

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 581,848
  • High Value: 685,831
  • Low Value: 477,865

    Market Valuation

  • Market Total Value: $439,283
  • Market Land Value: $84,703
  • Market Improvement Value: $354,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $146,369
  • Assessed Land Value: $28,223
  • Assessed Improvements Value: $118,146

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Dec 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 59541
  • Previous Sale Recording Date: Jun 26, 2002
  • Previous Sale Contract Date: Jun 10, 2002
  • Previous Sale Amount: $430,000
  • 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 South Elgin

Stats & Trends

Median Asking:

$364,900

Sale Price/ft²

$217

Above Asking

0.00%

Average Days on Market

41

Average Home Size

2144 ft²

Average Home Age

22.6 years

Currently For Sale

39 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

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MRED

Listed by: Dawn Recchia, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD11658694
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 753 Waterside Drive built and last sold?
The property at 753 Waterside Drive was built in 2001 and last sold on Nov 16, 2022 for $559,000.
How much is this home worth?
The estimated value of the home located at 753 Waterside Drive is $0.
What are some comparable homes to 753 Waterside Drive?
There are currently no comparable homes to 753 Waterside Drive.
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