$340,000
●
House -
Off Market
775 Diane Avenue
Elgin, IL 60123
3 Beds
2 Baths
1,808 Ft²
$2,228
Est. Monthly
6.85%
Cap Rate
About This Property
Charming Brick Split-Level Home with Modern Upgrades! This
beautifully updated 3-bedroom, 2-bathroom brick split-level home
offers a perfect blend of comfort and style. The kitchen features
sleek white cabinets, granite countertops, and stainless steel
appliances, ideal for both cooking and entertaining. Enjoy the
spacious living room and a separate dining area, perfect for
gatherings. Upgraded bathrooms and gleaming hardwood floors add
elegance throughout the home. The finished basement provides extra
living space, including an additional room, a full bathroom, and
ample storage. Conveniently located just minutes from the train
station, I-90, and the Randall Road shopping corridor, this home
offers both charm and convenience. Don't miss this opportunity!
Unit Size
1,808 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$188
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1962
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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.
Last updated: 2 years ago (MRED MLS #12217908)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Dec 14, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Listed by Redfin Corporation | $340,000 | |
| Listed by Redfin Corporation | |||
| Sep 15, 2021 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by Suburban Life Realty, Ltd. | $280,000 | |
| Listed by Suburban Life Realty, Ltd. | |||
| | |||
|
3 Bedrooms 2 Full Baths - Brick Split - Level!!! Kitchen with White Cabinets, Granite Counter Tops and Stainless Steel Appliances. Nice Size Living Room with Separate Dining Room. Upgraded Bathrooms. Hardwood floors, Newer Windows, Close to being Finished Bonus Room in the Basement Plus Additional Space For Creating Additional Living Space Or Storage - Full Bath in Basement. Outdoor Pool with a Nice Sized Deck. Minutes To The Train Station, I90 Interstate, and Randall Rd Shopping Corridor - Awesome Neighborhood!! Additional Pictures Coming Soon --
| |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Northwest Elgin
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Listed by: Jennifer Stokes Habetler, Redfin Corporation
Last Updated: 2 years ago
Data Source: MRED, MLS# 12217908
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12217908
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