303 Kathleen Drive

Elgin, IL 60123

$495,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 303 Kathleen Drive

StatusContingent
MLS #10468324
Year Built1969
DOM93
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Lot Size0.27 AC / 11,761 SF
Taxes$13,133 / year
Condo/Co-op Fees-
HOA Fees-
CountyKane County

Listing Agent

Jeff Kellenberger

Preferred Homes Realty

jeff@preferredhomesrealty.com

P: (847) 695-6040x207

Contact Agent(s)

Property Details for 303 Kathleen Drive

Area
Elgin

Description

All Brick building with 6 units. 5 two bedroom units and 1 one bedroom unit. Coin laundry on premises. There are also garages on the property. Utilities bulked together.

Location

Listing Courtesy of Preferred Homes Realty

Building Information for 303 Kathleen Drive

Stories-Residences-Year Built1969Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$2,875 per month

30 year fixed, 3.51% Interest

Principal and Interest

$1,780

Property Taxes

$1,094

HOA Dues

$0

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Property Information for 303 Kathleen Drive

Interior Features
    Basement Information
  • Basement Description: None
Property/Lot Information
    General Information
  • Property Type: Multi Family 5+
  • Type Multi 2 4: Corridor-Interior Entrance
    Parking Information
  • Indoor Parking: 6-12 Spaces
  • Outdoor Parking: 1-5 Spaces
    Structure Information
  • Exterior Building Type: Brick
  • Num Of Units: 6
  • Approx Total Bldg Sq Ft: 6336
  • Approx Year Built: 1969
  • Approximate Age: 36-50 Years
  • Built Before 1978: Yes
  • Lot Sq Ft: 11870
  • Owners Association?: No
  • Roof Structure: Flat
    Location Information
  • Directions: McLean to Main (turns into Kathleen on curve). On corner of Kathleen and Mulberry.
  • Township: Elgin
    Lot Information
  • Acreage: 0
  • Foundation: Concrete
  • Lot Dimensions: 84X141
  • Zoning Type: MULTI
Lot/Land Information
    Lot/Land Information
  • Construction: Wood Frame
  • Current Use: Residential-Multi-Family
  • Frontage Access: City Street
  • Land Amenities: Curbs and Gutters, Sidewalks, Cable Ready
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Seller Needs: Cash
  • Tenant Pays: Air Conditioning, Electric
Multi-Unit 5+ Information
    Building Features
  • Num Of Dryers: 1
  • Num Of Ranges: 6
  • Num Of Refrigs: 6
  • Num Of Washers: 1
  • Num Of Window/AC: 6
  • Electrical Service: Circuit Breakers, 0-100 Amps
  • Heat Ventilation: Central Heat/Indiv Controls, Gas, Hot Water, Baseboard
  • Misc Inside: Laundry Room
  • Washer/Dryer Leased: No
    Unit 1 Information
  • Num Of Bdrms: 2
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 4
  • Num Of Units: 5
  • Monthly Income: 850
  • Monthly Income Max: $950
    Unit 2 Information
  • Num Of Bdrms: 1
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 3
  • Num Of Units: 1
  • Monthly Income: 750
  • Monthly Income Max: $750
    Unit 3 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
    Unit 4 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
    Income / Expense Information
  • Num Of Bdrms: 0
  • Cap Rate Percent: 7
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
  • Expense Year: 2018
  • Fuel Expense: 2944
  • Fuel Expense Source: Owner Projection
  • Gross Rent Multiplier: 8
  • Gross Rental Income: 63300
  • Insurance Expense Source: Actual
  • Janitor Expense Source: Owner Projection
  • Net Operating Income: 34606
  • Net Operating Income Year: 2019
  • Other Expense Source: Owner Projection
  • Other Expenses: 935
  • Repairs Decor Expense: 3265
  • Repairs Decor Expense Source: Owner Projection
  • Scavenger Expense: 2398
  • Scavenger Expense Source: Owner Projection
  • Total Annual Expenses: 17361
  • Total Annual Income: 65100
  • Total Monthly Income: 5275
  • Water Expense: 1858
  • Water Expense Source: Owner Projection
    Unit 6 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
    Unit 7 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0

Property History for 303 Kathleen Drive

DateEvent & SourcePriceAppreciation
Aug 30, 2019Contingent

MRED #10468324

Jul 30, 2019Listed (Active)

MRED #10468324

$495,000
Feb 3, 2019Cancelled

MRED #10114771

DateEvent & SourcePrice
08/30/2019
Contingent

MRED #10468324

07/30/2019
Listed (Active)

MRED #10468324

$495,000
02/03/2019
Cancelled

MRED #10114771

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 303 Kathleen Drive

Taxable ValueLand$23,492Additions$109,348Total$132,840
Tax Record2017$13,740
Home Facts
StyleSingle Family ResidenceCountyKANEAPN0622129001

Schools near 303 Kathleen Drive

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Larkin High SchoolPublic9-120.5 mi
2
Abbott Middle SchoolPublic7-80.9 mi
3
St Thomas More Elementary SchoolPrivatePK-80.9 mi
NR
Highland Elementary SchoolPublicK-60.9 mi
2

Larkin High School

9-12, 0.5 mi, Public

2

Abbott Middle School

7-8, 0.9 mi, Public

3

St Thomas More Elementary School

PK-8, 0.9 mi, Private

NR

Highland Elementary School

K-6, 0.9 mi, Public

2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Preferred Homes Realty
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