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Elgin 60123 Eagle Heights
911 Diane Avenue
$260,000
● House - Off Market

911 Diane Avenue

Elgin, IL 60123
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,344 Ft²
$279,039
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Adorable Ranch on a Tree Lined Street in Lovely Eagle Heights! Living Room with Original Gas Fireplace, Eat-in Kitchen with Sliders to oversized Deck. Main Bedroom has Private Half-Bath.  Large, Fully Fenced Yard with Gorgeous Perennials and Shed. Full, Partially Finished Basement has Rec Room and unfinished area with Laundry, Cedar Closet, Work/Tool space and Tons of Storage Space. 2 Car Garage with exterior access door. Great Location near Randall Road Corridor and Metra. Home is well maintained, being sold AS-IS.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$197
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1962

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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 #11306981)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Jan 19, 2022 Listed by @properties $265,000
Listed by @properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,344
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,616
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,688
  • Gross Building Area: 2,688
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE HEIGHTS
  • Land Acres: 0000000267
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: ANDRESEN BROS EAGLE HEIGHTS UNIT 1 LOT 30 (EXCEPT NORTH 7 FT) & NORTH 19 FT LOT 31 BLOCK 4

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851910

Geography

  • Parcel: 06-10-106-010
  • Block: 4
  • Lot: 30,31
  • Municipality: ELGIN
  • Latitude: 42.0541
  • Longitude: -88.3175

    Address

  • Full Address: 911 Diane Ave
  • Legal Unit: 1-30
  • Address - House Number: 911
  • Address - Street Name: Diane
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C071
  • 4-Digit Zip Code: 1920
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $534,428
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 73
  • Final Value: 288,202
  • High Value: 345,623
  • Low Value: 230,781

    Market Valuation

  • Market Total Value: $202,980
  • Market Land Value: $65,234
  • Market Improvement Value: $137,746

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,633
  • Assessed Land Value: $21,736
  • Assessed Improvements Value: $45,897

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Mar 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11817
  • Previous Sale Recording Date: May 10, 2018
  • Previous Sale Contract Date: May 08, 2018
  • Previous Sale Amount: $192,000
  • 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 Northwest Elgin

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1668 ft²

Average Home Age

43.2 years

Currently For Sale

37 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 801 N Mclean Boulevard, Elgin, IL, 60123

$2,685 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
801 N Mclean Boulevard #146, Elgin, IL, 60123 Listing by Ryan Widerberg
Unit for rent at 141 Kathleen Drive, Elgin, IL, 60123

$2,500 /mo

  • 3 Beds
  • 1 Bath
141 Kathleen Drive, Elgin, IL, 60123 Listing by Shakir Siddique

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Mackay, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11306981
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 911 Diane Avenue built and last sold?
The property at 911 Diane Avenue was built in 1962 and last sold on Feb 24, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 911 Diane Avenue is $0.
What are some comparable homes to 911 Diane Avenue?
There are currently no comparable homes to 911 Diane Avenue.
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