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Lake Villa 60046 Painted Lakes
1326 Baxter Lane
$234,900
● House - Off Market

1326 Baxter Lane

Lake Villa, IL 60046
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,396 Ft²
$1,845
Est. Monthly
$234
HOA / Fees
9.04%
Cap Rate
Unit Size
1,396 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
House
Property Taxes
$384
HOA Dues
$234
Year Built
1999

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Cap Rate Calculator

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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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 1,796
  • Gross Building Area: 1,796
  • Building Area: 1,396
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,396
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAINTED LAKES SUBDIVISION UNIT 5
  • Land Acres: 0000000060
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PAINTED LAKES SUBDIVISION UNIT 5; LOT 78

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 861012

Geography

  • Assessors Map Reference: 2417-C4
  • District: LAKE VILLA
  • Parcel: 02-28-201-157
  • Lot: 78
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4405
  • Longitude: -88.0666

    Address

  • Full Address: 1326 Baxter Ln
  • Legal Unit: 5
  • Address - House Number: 1326
  • Address - Street Name: Baxter
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R017
  • 4-Digit Zip Code: 5789
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $368,428
  • Tax Rate Code Area: 5120

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 217,442
  • High Value: 252,179
  • Low Value: 182,706

    Market Valuation

  • Market Total Value: $160,303
  • Market Land Value: $25,491
  • Market Improvement Value: $134,812

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,429
  • Assessed Land Value: $8,496
  • Assessed Improvements Value: $44,933

    Sales

  • Current Sale Contract Date: Nov 02, 1998
  • Current Sale Recording Date: Dec 02, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4249882
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 Painted Lakes

Stats & Trends

Median Asking:

$324,950

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2907 ft²

Average Home Age

27.6 years

Currently For Sale

5 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

Rentals Near You

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MRED

Listed by: Armando Popoca, Century 21 Circle
Data Source: MRED, MLS# MRD12429428
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 1326 Baxter Lane built and last sold?
The property at 1326 Baxter Lane was built in 1999 and last sold on Nov 2, 1998 for $112,500.
How much is this home worth?
The estimated value of the home located at 1326 Baxter Lane is $0.
What are some comparable homes to 1326 Baxter Lane?
There are currently no comparable homes to 1326 Baxter Lane.
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