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Grayslake 60030 College Trail
1150 Cambridge Drive
$300,000
● House - Off Market

1150 Cambridge Drive

Grayslake, IL 60030
bedrooms
3 Beds
bathrooms
2 Baths
$2,148
Est. Monthly
$245
HOA / Fees
7.38%
Cap Rate

About This Property

Welcome to your 2-story townhome with attached 2-car garage, designed with the spaciousness and comfort of a single family home. This thoughtfully-crafted layout features vaulted ceilings and skylights, flooding the space with natural light to create a serene and peaceful atmosphere. The comfort and privacy at this location gives the feel of your own space with room to grow. The 2-car garage offers ample room for holiday storage and hobbies alike. The primary suite is a true retreat, complete with a walk-in closet, vaulted ceilings, and a double vanity bathroom. With bathrooms and fireplaces on both floors, plus a 2nd-floor balcony off the kitchen, this home has it all!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$503
HOA Dues
$245
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 1,625
  • 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: 0000000037
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: COLLEGE TRAIL UNIT EIGHT; LT 40-1

Neighborhood

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

Geography

  • Assessors Map Reference: 2533-B2
  • District: AVON
  • Parcel: 06-24-301-091
  • Lot: 40
  • Municipality: TWP OF AVON
  • Latitude: 42.358
  • Longitude: -88.0228

    Address

  • Full Address: 1150 Cambridge Dr
  • Legal Unit: 8
  • Address - House Number: 1150
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Grayslake
  • Carrier Code: C017
  • 4-Digit Zip Code: 3326
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $603,308
  • Tax Rate Code Area: 7013

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 238,558
  • High Value: 281,713
  • Low Value: 195,402

    Market Valuation

  • Market Total Value: $194,869
  • Market Land Value: $13,171
  • Market Improvement Value: $181,698

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,950
  • Assessed Land Value: $4,390
  • Assessed Improvements Value: $60,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 27, 2000
  • Current Sale Recording Date: Nov 30, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4616117
  • Previous Sale Recording Date: Jul 01, 1997
  • Previous Sale Contract Date: Jun 09, 1997
  • Previous Sale Amount: $148,500
  • 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 College Trail

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$200

Above Asking

0.00%

Average Days on Market

35

Average Home Size

1871 ft²

Average Home Age

33.3 years

Currently For Sale

4 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 34904 N Carvis Drive, Lake Villa, IL, 60046

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,133 ft²
34904 N Carvis Drive, Lake Villa, IL, 60046 Listing by Kasim Alnafoosi
Unit for rent at 1059 Ellsworth Drive, Grayslake, IL, 60030

$2,500 /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: Scott Powers, Century 21 S.G.R., Inc.
Data Source: MRED, MLS# MRD12331896
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 1150 Cambridge Drive built and last sold?
The property at 1150 Cambridge Drive was built in 1993 and last sold on Nov 27, 2000 for $153,000.
How much is this home worth?
The estimated value of the home located at 1150 Cambridge Drive is $0.
What are some comparable homes to 1150 Cambridge Drive?
There are currently no comparable homes to 1150 Cambridge Drive.
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