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Algonquin 60102 Arrowhead Hills
825 Elm Street
$250,000
● House - Off Market

825 Elm Street

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,252 Ft²
$1,857
Est. Monthly
9.70%
Cap Rate

About This Property

Looking for a home to put your personal touch on?? Look no further! This 3 bedroom 2 1/2 bath home has great bones and needs an ambitious buyer with vision. Rehabbers, investors or handymen get your tools ready! Step inside the spacious foyer and look at the vaulted ceiling and ample windows to provide great lighting. The living room boasts beautiful tongue and groove wood ceilings. Wood burning fireplace in the family room and a screened in porch off the family room. Unfinished basement is your blank canvas... think of the possibilities! Corner double lot with plenty of yard space! Property being sold AS-IS. Partial roof update within 5 years, water heater 2023, Furnace & a/c replaced within 5 years. Don't miss out on making this one your own!
Unit Size
2,252 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$111
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
1979

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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.

Last updated: 3 years ago (MRED MLS #11921502)

Price History

Date / Event Date Event Price
Jan 26, 2024 Sold
Premium
Sold
Dec 16, 2023 Listed by Baird & Warner Real Estate - Algonquin $250,000
Listed by Baird & Warner Real Estate - Algonquin

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • 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: 796
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,579
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,048
  • Building Area: 2,252
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,252
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CO ALGONQUIN HILLS
  • Land Acres: 0000000312
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2001R0071832 LTS 1 & 2 BLK 51 MERRILL, F E & CO ALGONQUIN HILLS UNIT 4

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871311

Geography

  • Parcel: 19-27-331-026
  • Block: 51
  • Lot: 1,2
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1746
  • Longitude: -88.2893

    Address

  • Full Address: 825 Elm St
  • Legal Unit: 4
  • Address - House Number: 825
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C002
  • 4-Digit Zip Code: 2219
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $755,084
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 79
  • Final Value: 373,269
  • High Value: 434,757
  • Low Value: 311,780

    Market Valuation

  • Market Total Value: $297,141
  • Market Land Value: $45,807
  • Market Improvement Value: $251,334

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $99,047
  • Assessed Land Value: $15,269
  • Assessed Improvements Value: $83,778

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2241
  • Previous Sale Recording Date: Sep 27, 2001
  • Previous Sale Contract Date: Sep 07, 2001
  • Previous Sale Amount: $193,000
  • 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 Arrowhead Hills

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$188

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2307 ft²

Average Home Age

48.4 years

Currently For Sale

0 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
Unit for rent at 1410 Grandview Court, Algonquin, IL, 60102

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 2,077 ft²
1410 Grandview Court #1410, Algonquin, IL, 60102 Listing by Vipin Gulati

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Hilda Jones, Baird & Warner Real Estate - Algonquin
Last Updated: 3 years ago
Data Source: MRED, MLS# 11921502
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 825 Elm Street built and last sold?
The property at 825 Elm Street was built in 1979 and last sold on Jan 5, 2024 for $250,000.
How much is this home worth?
The estimated value of the home located at 825 Elm Street is $252,908.
What are some comparable homes to 825 Elm Street?
There are currently no comparable homes to 825 Elm Street.
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