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Grayslake 60030 College Trail
1081 Manchester Circle
$276,000
● House - Off Market

1081 Manchester Circle

Grayslake, IL 60030
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,527 Ft²
$2,093
Est. Monthly
$267
HOA / Fees
7.04%
Cap Rate

About This Property

Come take a look at this beautifully redone property, featuring a modern open floor plan that allows for seamless flow and an abundance of natural sunlight. Every detail has been thoughtfully updated, including a stylish new kitchen, elegant flooring, and fresh paint throughout.    This home offers ample space and generous storage, making it both functional and inviting. Ideally located near shops, restaurants, and transportation, convenience is at your doorstep.    Don't miss this incredible opportunity to make this stunning home yours-schedule a showing today!
Unit Size
1,527 Ft²
Days on Market
-
Land Size
-
Price per sqft
$170
Property Type
House
Property Taxes
$549
HOA Dues
$267
Year Built
1994

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 435
  • Garage Type: 1
  • Garage Square Area: 435
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,573
  • Total Building Area: 1,932
  • Gross Building Area: 1,932
  • Building Area: 1,062
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,062
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE TRAIL UNIT EIGHT
  • Land Acres: 0000000036
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: COLLEGE TRAIL UNIT EIGHT; LT 16-1

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861106

Geography

  • Assessors Map Reference: 2533-B2
  • District: AVON
  • Parcel: 06-24-301-023
  • Lot: 16
  • Municipality: TWP OF AVON
  • Latitude: 42.3588
  • Longitude: -88.0225

    Address

  • Full Address: 1081 Manchester Cir
  • Legal Unit: 8
  • Address - House Number: 1081
  • Address - Street Name: Manchester
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Grayslake
  • Carrier Code: C017
  • 4-Digit Zip Code: 3348
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $658,192
  • Tax Rate Code Area: 7013

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 224,307
  • High Value: 265,973
  • Low Value: 182,640

    Market Valuation

  • Market Total Value: $190,549
  • Market Land Value: $13,171
  • Market Improvement Value: $177,378

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,510
  • Assessed Land Value: $4,390
  • Assessed Improvements Value: $59,120

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7775532
  • Previous Sale Recording Date: Dec 05, 1994
  • Previous Sale Contract Date: Sep 14, 1994
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: 41
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About College Trail

Stats & Trends

Median Asking:

$342,400

Sale Price/ft²

$200

Above Asking

0.00%

Average Days on Market

37

Average Home Size

1881 ft²

Average Home Age

32.6 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 105 Station Park Circle, Grayslake, IL, 60030

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,503 ft²
105 Station Park Circle, Grayslake, IL, 60030 Listing by Prentiss Grant
Unit for rent at 10 N Lake Street, Grayslake, IL, 60030

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,147 ft²
10 N Lake Street #310, Grayslake, IL, 60030 Listing by Joyce Konnerth
Unit for rent at 1059 Ellsworth Drive, Grayslake, IL, 60030

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,494 ft²
1059 Ellsworth Drive, Grayslake, IL, 60030 Listing by Vijay Ghuge

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Paul, Redfin Corporation
Data Source: MRED, MLS# MRD12317353
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1081 Manchester Circle built and last sold?
The property at 1081 Manchester Circle was built in 1994 and last sold on Mar 26, 2021 for $170,000.
How much is this home worth?
The estimated value of the home located at 1081 Manchester Circle is $0.
What are some comparable homes to 1081 Manchester Circle?
There are currently no comparable homes to 1081 Manchester Circle.
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