Property profile

1145 Fairwood Dr Elgin, IL 60123

OFF-MARKET
Apartment buildings
Property ID
US28-2045144
17,994 SF Built 1974
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1974
Total area 17,994 SF
APN 06-03-455-013
UPID US28-2045144

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping
  • Landscaping

Location

1145 Fairwood Dr Elgin, IL 60123-1491
Elgin metro Census 851000 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.79M
Blend (final) Blend
$1.44M

Owner & transaction history

since 2023
Last sale
$1.8M
3 recorded transactions
2023
$1.8M
2016
$1.1M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.5M +17.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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