154 Barnes Rd Elgin, IL 60124

4 beds · 3 baths · 2,526 sq ft · Lot Size: 10,454 sq ft · Single Family Home
Est. Property Value: $369,191

High Demand Long-Term RentalOwned for Less Than 5 Years

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154 Barnes Rd is in the 60124 neighborhood of Elgin, IL. It is located in Kane County and ZIP code 60124. This Single Family Home was built in 1997 and is approximately 28 years old. The single family home spans 2526 sq ft with 4 bedrooms and 3 bathrooms and sits on a 10454 sq ft lot. According to public records, it was last sold in 2022 for $435,000 and has a tax-assessed value of $381,090, which is $146 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 154 Barnes Rd Elgin, IL 60124 with Property Intel by Whitepages.

154 Barnes Rd

Elgin, IL 60124

Neighborhood

Owners & Occupancy for 154 Barnes Rd

No contact information is available.

Occupancy

Resident 1******************
Resident 2******************
Resident 3*************************

Property Financials for 154 Barnes Rd

154 Barnes Rd, Elgin, IL has no known mortgage. The Kane county assessment for 2023 values it at $381,090, with annual taxes of $11,915.

Property Tax

Purchase DateMarch 09, 2022
Property Tax Amount$11,915 in 2023
Purchase Price$435,000
Assessed Value$381,090 on 2023

Investment Potential for 154 Barnes Rd

The property has a current estimated value of $369,191, which is 7% below the zip median, based on public records. It last sold on March 09, 2022 for $435K. Projected long-term
is $39,000 annually ($3,250 per month) with a 97% occupancy rate.

Discover more Single Family Homes in 60124.
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Long-Term

Gross Rental
$39,000 per year($3,250 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
97%in 60124 zip code
 
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Property Details for 154 Barnes Rd

Property Details

Property Sq Ft

Living Area

2,526 sq ft

19% below market

Lot Size

10,454 sq ft

4% below market

Price Per Sq Ft

Living Area

$146 / sq ft

9% above market

Lot Size Area

$35 / sq ft

6% above market

Property condition, age, exterior, etc. for 154 Barnes…
Longitude: -88.354442 Latitude: 42.038878 Parcel Number (APN): 06-17-181-009…

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Market Benchmarks

Compare data for 154 Barnes Rd in Kane County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$369,191
$386,866
-$17,675 (-5%)
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—
—
YoY Price Change
—
—
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Year Built
1997
1972
25 years
Living Space
2,526 sq ft
2,324 sq ft
202 (9%)
$ Per Living Sq Ft
$146
$164
-$18 (-11%)
Lot Size
10,454 sq ft
9,803 sq ft
651 (7%)
$ Per Lot Sq Ft
$35
$38
-$3 (-8%)

Net Operating Income
$*****
$19,149
$20 (0%)
Annual Revenue
$39,000
$36,000
$3,000 (8%)
$*****
$16,709
$3,122 (19%)
Net Operating Income
$*****
$19,149
$20 (0%)
Cap Rate
****%
5.01%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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