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Grayslake 60030 Chesapeake Farms
1091 Chesapeake Boulevard
$315,000
● House - Off Market

1091 Chesapeake Boulevard

Grayslake, IL 60030
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,087 Ft²
$351,247
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Walk right into a beautifully appointed move in ready 3 bed + loft, 2.5 bathroom home. The open floor plan is perfect for entertaining inside or on the large patio! Living room and dining room combo offer spacious space and the family room is stunning with the vaulted ceiling, dramatic fireplace, and floor to ceiling windows. The kitchen is updated with quartz counters, large central island, and stainless steel appliances.  Hardwood in main living areas. You'll love the first master bedroom with large wall in closet and updated en-suite bathroom.  Upstairs, there's 2 more nice sized bedrooms with large closets and a versatile loft space perfect for working from home.  Private fenced yard with paver patio. Don't miss this one!
Unit Size
2,087 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$151
Property Type
House
Property Taxes
$914
HOA Dues
$8
Year Built
1992

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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.

Last updated: 3 years ago (MRED MLS #11227555)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Sep 23, 2021 Listed by @properties $315,000
Listed by @properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • 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: 1,480
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,578
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,987
  • Gross Building Area: 3,987
  • Building Area: 2,087
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,087
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHESAPEAKE FARMS UNIT THREE
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: CHESAPEAKE FARMS UNIT THREE; LOT 159

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861107

Geography

  • District: AVON
  • Parcel: 06-23-306-008
  • Lot: 159
  • Municipality: TWP OF AVON
  • Latitude: 42.3628
  • Longitude: -88.0416

    Address

  • Full Address: 1091 Chesapeake Blvd
  • Legal Unit: 3
  • Address - House Number: 1091
  • Address - Street Name: Chesapeake
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Grayslake
  • Carrier Code: C018
  • 4-Digit Zip Code: 1135
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,068,734
  • Tax Rate Code Area: 7013

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 394,632
  • High Value: 457,675
  • Low Value: 331,590

    Market Valuation

  • Market Total Value: $294,486
  • Market Land Value: $48,434
  • Market Improvement Value: $246,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,152
  • Assessed Land Value: $16,143
  • Assessed Improvements Value: $82,009

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Jan 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7865572
  • Previous Sale Recording Date: Mar 06, 2019
  • Previous Sale Contract Date: Feb 20, 2019
  • Previous Sale Amount: $235,500
  • Previous Sale Document Type: 71
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 Chesapeake Farms

Stats & Trends

Median Asking:

$467,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

35

Average Home Size

2683 ft²

Average Home Age

43.3 years

Currently For Sale

3 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 273 Penny Lane, Grayslake, IL, 60030

$3,000 /mo

  • 3 Beds
  • 2 Baths
273 Penny Lane, Grayslake, IL, 60030 Listing by Edit Boda-Mercer
Unit for rent at 1109 Blackburn Drive, Grayslake, IL, 60030

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,672 ft²
1109 Blackburn Drive, Grayslake, IL, 60030 Listing by Zivile Pitkiene

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jamie Hering, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11227555
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 1091 Chesapeake Boulevard built and last sold?
The property at 1091 Chesapeake Boulevard was built in 1992 and last sold on Nov 19, 2021 for $315,000.
How much is this home worth?
The estimated value of the home located at 1091 Chesapeake Boulevard is $0.
What are some comparable homes to 1091 Chesapeake Boulevard?
There are currently no comparable homes to 1091 Chesapeake Boulevard.
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