Owner
$632,875
650 KATELAND WAY, SOUTH ELGIN, IL
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
1
sq. ft.
2,818
property type
Single Family Residential
hoa
Yes
About
Residential
Good Condition
Living Area
Attached Garage
2 Stories
Partial Basement
Forced Air Unit
Frame
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2001
Building Size
2,818 sq ft
Lot Size
13,895 sq ft
Lot Size (Acres)
0.32 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
09-05-183-009
County
Kane County, Illinois
Metro Area
Chicago-Naperville-Elgin, IL-IN
Zoning
—
Neighborhood/Subdivision
THORNWOOD
Lot Number
382
School District
St. Charles Community Unit School District 303
Legal Description
LOT 382 IN THORNWOOD PHASE 4A, IN THE VILLAGE OF SOUTH ELGIN, KANE COUNTY, ILLINOIS
Tax & Value Information
Market Value (Total)
$476,675
Building Value
$396,651
Land Value
$80,024
Annual Property Tax
$13,035
Tax Assessment Year
2023
Assessed Value
$158,828
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
4/26/2017
Recording Date
5/5/2017
Sales Document #
2017.22936
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$24,489
Return on Investment
15.60%
After Repair Value
$696,163
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$569,588
Renovation Cost
$31,644
Closing Costs (buying)
$11,392
Holding Costs
$17,281
Selling Costs
$41,770
Total Investment
$156,953
After Repair Value (ARV)
$696,163
Total Costs
$671,674
Estimated Profit
$24,489
Cash Invested
$145,561
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area