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Property profile & analytics
OFF-MARKET
Mixed-use properties

41 419 Plato Rd Elgin, IL 60124

2,600 SF Built 1992
Property ID
Property summary
AI-generated overview

This exceptional 5.42-acre property in Elgin, Illinois, presents a unique opportunity. The main residence, built in 1992 and extensively updated, boasts 2,600 square feet, three bedrooms, and two and a half bathrooms. Features include a gourmet kitchen with stainless steel appliances, Labradorite stone countertops, custom cabinetry, skylights, hardwood floors, vaulted ceilings, an open layout, and a first-floor master suite. A backup generator ensures peace of mind. The property also includes a heated in-ground pool with a heated cabana featuring Tiki decor and a hot tub, accessible via a paver patio. A separate coach house offers main-level guest quarters and a second-floor recreation area. Extensive equestrian facilities are highlighted by a stable with ten matted stalls, a tack room, and direct access to six paddocks and pastures enclosed by oak fencing. A main barn includes a hayloft with second-story access. Additional structures comprise a three-car heated garage with a workshop, a corn crib/storage barn, a one-car garage, a pool garage for equipment storage, and a charming Tiki cabana and milk house. All buildings have new or newer roofs. Ample parking is available for fourteen or more cars. While the outbuildings are in good condition, they are older and the property is sold as-is. Nicor gas heating is utilized

Property profile
Verified
Property type Mixed-use properties
Year built 1992
Total area 2,600 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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