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Elgin 60120 Northeast Elgin
954 SEMINOLE Drive
$338,500
● House - Off Market

954 SEMINOLE Drive

Elgin, IL 60120
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,900 Ft²
$2,270
Est. Monthly
9.71%
Cap Rate

About This Property

This spacious 4-bedroom, two-story home features a welcoming living room with a fireplace and a separate dining room. The kitchen includes a cozy breakfast area, perfect for casual dining. Situated just minutes from I-90 and shopping along Route 59, this home offers a convenient location. It also includes a full, partially finished basement and a fenced yard, providing great potential and privacy.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$179
Property Type
House
Property Taxes
$600
HOA Dues
-
Year Built
1967

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 8,160
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,900
  • Gross Building Area: 1,900
  • Building Area: 1,900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THIRD ADD TO BLACKHAWK MANOR
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (THIRD) ADD TO (BLACKHAWK)(MANOR) SUB PT OF SECS 6 & 7 SEC 07-41-09

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804403

Geography

  • District: 18
  • Parcel: 06-07-106-076-0000
  • Lot: 235,2
  • Meridian: SEC 07 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0588
  • Longitude: -88.2546

    Address

  • Full Address: 954 Seminole Dr
  • Address - House Number: 954
  • Address - Street Name: Seminole
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C008
  • 4-Digit Zip Code: 2528
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $699,354
  • Tax Rate Code Area: 18015

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 322,857
  • High Value: 402,880
  • Low Value: 242,835

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $53,040
  • Market Improvement Value: $196,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $5,304
  • Assessed Improvements Value: $19,696

    Sales

  • Current Sale Contract Date: Jun 08, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2032339006
  • Previous Sale Recording Date: Aug 28, 2003
  • Previous Sale Contract Date: Aug 01, 2003
  • Previous Sale Document Type: 40

    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:

$309,900

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1548 ft²

Average Home Age

56.8 years

Currently For Sale

20 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 920 Fairfax Court, Elgin, IL, 60120

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,980 ft²
920 Fairfax Court, Elgin, IL, 60120 Listing by Matthew Lysien

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Airel Hermosillo, Smart Home Realty
Data Source: MRED, MLS# MRD12266128
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 954 Seminole Drive built and last sold?
The property at 954 Seminole Drive was built in 1967 and last sold on Jun 8, 2020 for $200,000.
How much is this home worth?
The estimated value of the home located at 954 Seminole Drive is $343,874.
What are some comparable homes to 954 Seminole Drive?
There are currently no comparable homes to 954 Seminole Drive.
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