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Algonquin 60102 Glenmoor
900 Prairie Drive
$325,000
● House - Off Market

900 Prairie Drive

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,380 Ft²
$346,018
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Welcome home, to this amazing four bedroom and two and a half bath two story. You are welcomed into a large foyer. New gray planked flooring throughout the first level.  Large living room has lots of natural light. Kitchen is open and has an eat in area.  Lots of counter and cabinet space with a good size pantry too.  Eat in area looks out to the deck and private yard.  Family room has a cozy fireplace! First floor also has a bonus mud room. Oversized master suite with ample closet space and a master bathroom that offers a double vanity, soaker tub and separate shower.  Three sizable bedrooms on second floor and a full bathroom.  Basement is open and ready to be finished. Great corner lot that is fenced in to enjoy the deck and large yard. Buyers were unable to get financing!
Unit Size
2,380 Ft²
Days on Market
-
Land Size
-
Price per sqft
$134
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1989

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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 #11246063)

Price History

Date / Event Date Event Price
Jan 28, 2022 Sold
Premium
Sold
Oct 14, 2021 Listed by Coldwell Banker Realty $319,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,222
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,730
  • Total Building Area: 3,502
  • Building Area: 2,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,280
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENMOOR SUB
  • Land Acres: 0000000292
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0005715 LT 1 BLK 8 GLENMOOR SUB UNIT III

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871404

Geography

  • Parcel: 19-35-251-001
  • Block: 8
  • Lot: 1
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1646
  • Longitude: -88.2671

    Address

  • Full Address: 900 Prairie Dr
  • Legal Unit: 3
  • Address - House Number: 900
  • Address - Street Name: Prairie
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C009
  • 4-Digit Zip Code: 4249
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $713,730
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1634
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 383,542
  • High Value: 446,239
  • Low Value: 320,845

    Market Valuation

  • Market Total Value: $282,675
  • Market Land Value: $62,298
  • Market Improvement Value: $220,377

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,225
  • Assessed Land Value: $20,766
  • Assessed Improvements Value: $73,459

    Sales

  • Current Sale Contract Date: Jan 25, 2022
  • Current Sale Recording Date: Feb 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5715
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 Glenmoor

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$180

Below Asking

0.02%

Average Days on Market

40

Average Home Size

2268 ft²

Average Home Age

37 years

Currently For Sale

1 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 1381 Glacier Parkway, Algonquin, IL, 60102

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,856 ft²
1381 Glacier Parkway, Algonquin, IL, 60102 Listing by Uver Perez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lisa Gagliano, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11246063
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 900 Prairie Drive built and last sold?
The property at 900 Prairie Drive was built in 1989 and last sold on Jan 25, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 900 Prairie Drive is $323,099.
What are some comparable homes to 900 Prairie Drive?
There are currently no comparable homes to 900 Prairie Drive.
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