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Elburn 60119
855 Simpson Avenue
$510,000
● House - Off Market

855 Simpson Avenue

Elburn, IL 60119
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,019 Ft²
$3,053
Est. Monthly
5.03%
Cap Rate

About This Property

Only 3 years OLD!!!!  Highly sought after Berquist Model with 3 bedrooms, a loft, and 2.5 bathrooms.  Open layout with vaulted ceilings. Kitchen boasts 42" cabinets, granite counters, over-sized kitchen island, upgraded lighting, and Stainless Steel Whirlpool Appliances.  2,019 sq. ft. of living space.  The unfinished look-out basement with rough-in for a bathroom offers you an opportunity to make it additional living space with a bedroom if you choose to.  Beautiful fireplace in the Great Room, wide plank laminate flooring first floor, carpet upstairs.  Large fenced-in backyard with small deck for grilling and large concrete patio for enjoying those AMAZING views.
Unit Size
2,019 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$248
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
-

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,989
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ELBURN STATION
  • Land Acres: 0000000183
  • Standard Land Use Code: 8010
  • County Land Use Code: 0032
  • State Land Use Code: 0032
  • Legal Description 1: ELBURN STATION - UNIT 2 LT 37

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 854507

Geography

  • Parcel: 11-05-420-013
  • Lot: 37
  • Municipality: BLACKBERRY
  • Latitude: 41.8855
  • Longitude: -88.4594

    Address

  • Full Address: 855 Simpson Ave
  • Legal Unit: 2
  • Address - House Number: 855
  • Address - Street Name: Simpson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elburn
  • Carrier Code: R009
  • 4-Digit Zip Code: 3406
  • Zip Code: 60119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: BB022

    Market Valuation

  • Market Total Value: $309
  • Market Land Value: $309

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103
  • Assessed Land Value: $103

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19726
  • Previous Sale Recording Date: Aug 25, 2022
  • Previous Sale Contract Date: Aug 16, 2022
  • Previous Sale Amount: $225,000
  • 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 Elburn

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

39

Average Home Size

2653 ft²

Average Home Age

11.2 years

Currently For Sale

21 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 796 Simpson Avenue, Elburn, IL, 60119

$2,890 /mo

  • 2 Beds
  • 2 Baths
  • 1,496 ft²
796 Simpson Avenue, Elburn, IL, 60119 Listing by Bill Flemming

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Eric Hall, Keller Williams Premiere Properties
Data Source: MRED, MLS# MRD12368245
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 855 Simpson Avenue built and last sold?
The property at 855 Simpson Avenue was built in and last sold on Jun 15, 2023 for $447,500.
How much is this home worth?
The estimated value of the home located at 855 Simpson Avenue is $0.
What are some comparable homes to 855 Simpson Avenue?
There are currently no comparable homes to 855 Simpson Avenue.
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