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Elgin 60120 Northeast Elgin
892 Sioux Drive
$178,600
● House - Off Market

892 Sioux Drive

ELGIN, IL 60120
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,078 Ft²
$278,678
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Cute as can be 3 Bedroom Brick Ranch in Blackhawk Manor. Be prepared for Love at first sight. There are Hardwood Floors (check under that carpet), a BIG Eat in Kitchen with plenty of Cabinets and Counter space and sliders that open to the inviting Enclosed Porch. There are three Bedrooms and not One, but Two full Bathrooms. All this plus the Basement is finished with a Rec Room that has a Fireplace as well as plenty of room for storage. The Windows have been replaced, the Furnace and A/C are checked yearly. HIGHEST AND BEST BY 7:30 PM SUNDAY JULY 16.
Unit Size
1,078 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$162
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
1961

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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.

Last updated: 3 years ago (MRED MLS #09689698)

Price History

Date / Event Date Event Price
Sep 1, 2017 Sold
Premium
Sold
Jul 13, 2017 Listed by RE/MAX Central Inc. $175,000
Listed by RE/MAX Central Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,640
  • Total Building Area: 1,078
  • Gross Building Area: 1,078
  • Building Area: 1,078
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,078
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACKHAWK MANOR/3RD ADD
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804313

Geography

  • District: 18
  • Parcel: 06-06-113-033-0000
  • Lot: 311
  • Meridian: SEC 06 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0605
  • Longitude: -88.2569

    Address

  • Full Address: 892 Sioux Dr
  • Address - House Number: 892
  • Address - Street Name: Sioux
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C007
  • 4-Digit Zip Code: 2351
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $547,720
  • Tax Rate Code Area: 18015

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 289,885
  • High Value: 361,735
  • Low Value: 218,035

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $56,160
  • Market Improvement Value: $173,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $5,616
  • Assessed Improvements Value: $17,384

    Sales

  • Current Sale Contract Date: Aug 29, 2017
  • Current Sale Recording Date: Sep 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1726249266

    Financing

  • First Mortgage Financing Type: FIX
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 Northeast Elgin

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1618 ft²

Average Home Age

61.5 years

Currently For Sale

14 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 371 Fulton Street, IL, 60120

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,600 ft²
371 Fulton Street #2, IL, 60120 Listing by Joseph Trifilio
Unit for rent at 71 Park Row, IL, 60120

$3,000 /mo

  • 4 Beds
  • 2 Baths
71 Park Row #71, IL, 60120 Listing by Joseph Trifilio

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX Central Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09689698
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 892 Sioux Drive built and last sold?
The property at 892 Sioux Drive was built in 1961 and last sold on Aug 29, 2017 for $179,000.
How much is this home worth?
The estimated value of the home located at 892 Sioux Drive is $178,839.
What are some comparable homes to 892 Sioux Drive?
There are currently no comparable homes to 892 Sioux Drive.
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