For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Elburn 60119
874 Ridge Drive
$320,000
● House - Off Market

874 Ridge Drive

Elburn, IL 60119
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,925 Ft²
$2,285
Est. Monthly
9.64%
Cap Rate

About This Property

Fantastic opportunity!  This frame 2 story home offers 4 bedrooms, 2.5 baths and a full basement that can be finished for extra living space.  Relax by the beautiful fireplace, or you can enjoy entertaining on your backyard patio with a built-in firepit.  This home will be perfect for a first-time buyer looking to put in some love and make this house their home, or an investor looking to add to their portfolio.  The property is conveniently located near the Metra train station which will provide easy access to downtown Chicago.  Don't delay because this one will not last long!
Unit Size
1,925 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$689
HOA Dues
-
Year Built
2002

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 967
  • Garage Type: 1
  • Garage Square Area: 452
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 3,344
  • Gross Building Area: 3,344
  • Building Area: 1,925
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,925
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAMS RIDGE
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 116 IN WILLIAMS RIDGE UNIT NO. 2 PHASE 2

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 852408

Geography

  • Subdivision Phase Number: 2
  • Parcel: 08-32-403-052
  • Lot: 116
  • Municipality: CAMPTON
  • Latitude: 41.9025
  • Longitude: -88.4624

    Address

  • Full Address: 874 Ridge Dr
  • Legal Unit: 2
  • Address - House Number: 874
  • Address - Street Name: Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elburn
  • Carrier Code: R006
  • 4-Digit Zip Code: 7128
  • Zip Code: 60119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $801,074
  • Tax Rate Code Area: CA012

    Appraisal Valuation

  • Standard Deviation: 0.1407
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 374,279
  • High Value: 426,952
  • Low Value: 321,606

    Market Valuation

  • Market Total Value: $258,631
  • Market Land Value: $50,492
  • Market Improvement Value: $208,139

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,176
  • Assessed Land Value: $16,824
  • Assessed Improvements Value: $69,352

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2006
  • Current Sale Recording Date: Jun 05, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006K059840
  • Previous Sale Recording Date: Oct 02, 2001
  • Previous Sale Contract Date: Sep 17, 2001
  • Previous Sale Amount: $219,500
  • Previous Sale Document Type: 27
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:

$435,950

Sale Price/ft²

$202

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2330 ft²

Average Home Age

17.2 years

Currently For Sale

26 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 870 Station Boulevard, Elburn, IL, 60119

$3,115 /mo

  • 3 Beds
  • 2 Baths
  • 1,668 ft²
870 Station Boulevard, Elburn, IL, 60119 Listing by Bill Flemming

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Daniel Robinson, Crosstown Realtors, Inc.
Data Source: MRED, MLS# MRD12167001
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 874 Ridge Drive built and last sold?
The property at 874 Ridge Drive was built in 2002 and last sold on May 30, 2006 for $290,000.
How much is this home worth?
The estimated value of the home located at 874 Ridge Drive is $332,384.
What are some comparable homes to 874 Ridge Drive?
There are currently no comparable homes to 874 Ridge Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Campton Hills Homes for Sale
Campton Hills Houses for Sale
Campton Hills Land for Sale
Campton Hills Commercial for Sale
Campton Hills Homes with Basements
Campton Hills Homes with Pools
Campton Hills Homes with Parking
Campton Hills Homes with Garages
Nearby Cities
Elgin Homes for Sale
St. Charles Homes for Sale
Batavia Homes for Sale
Geneva Homes for Sale
South Elgin Homes for Sale
North Aurora Homes for Sale
Pingree Grove Homes for Sale
Elburn Homes for Sale
Nearby Property Records
Kane County, IL Property Records
DeKalb County, IL Property Records
DuPage County, IL Property Records
McHenry County, IL Property Records
Kendall County, IL Property Records
Boone County, IL Property Records
Will County, IL Property Records
Cook County, IL Property Records
Neighborhoods
Northeast Elgin Real Estate
Grant Park Real Estate
College Green Real Estate
North Country Knolls Real Estate
Southwest Elgin Real Estate
Gifford Park Real Estate
Century Oaks West Real Estate
Southeast Elgin Real Estate
Nearby Counties
Elgin Homes for Sale
St. Charles Homes for Sale
Batavia Homes for Sale
Geneva Homes for Sale
Campton Homes for Sale
Blackberry Homes for Sale
Plato Homes for Sale
Virgil Homes for Sale
Top Real Estate Agents
Top Agents in Campton
Top Agents in Campton Hills
Top Agents in Elgin
Top Agents in Elgin
Top Agents in St. Charles
Top Agents in Batavia
Top Agents in 60123
Top Agents in St. Charles