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Lake Bluff 60044 Village of Lake Bluff
136 Sunset Place
$460,000
● House - Off Market

136 Sunset Place

Lake Bluff, IL 60044
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,596 Ft²
$503,389
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Great opportunity for buyers to renovate this brick ranch home or tear down and build new.  The value is in the land. This rare double lot in east Lake Bluff can accommodate approximately a 5,000 square foot home with an attached garage.  This property is located on a very desirable street and surrounded by newer large homes. Also, a nice rental investment property. This fabulous location is close to the Lake Bluff parade route, town, Metra commuter train, lake, parks and schools. Please contact list agent to walk the property. Confirm building codes with the village. Sold "as-is".
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$313
Property Type
House
Property Taxes
$940
HOA Dues
-
Year Built
1957

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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 #11275249)

Price History

Date / Event Date Event Price
May 12, 2022 Sold
Premium
Sold
Nov 22, 2021 Listed by Berkshire Hathaway HomeServices Chicago $499,500
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 878
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,705
  • Total Building Area: 2,914
  • Gross Building Area: 2,914
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF LAKE BLUFF IDLE HOUR SUB
  • Land Acres: 0000000269
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VILLAGE OF LAKE BLUFF IDLE HOUR SUB LOT 1

Neighborhood

  • School District Name: Lake Bluff Elementary School District 65
  • Census Tract: 863300

Geography

  • Assessors Map Reference: 2593-E7
  • District: SHIELDS
  • Parcel: 12-21-304-056
  • Lot: 1
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2709
  • Longitude: -87.8423

    Address

  • Full Address: 136 Sunset Pl
  • Address - House Number: 136
  • Address - Street Name: Sunset
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lake Bluff
  • Carrier Code: C001
  • 4-Digit Zip Code: 2739
  • Zip Code: 60044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $971,722
  • Tax Rate Code Area: 10011

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 483,670
  • High Value: 527,246
  • Low Value: 440,093

    Market Valuation

  • Market Total Value: $519,904
  • Market Land Value: $398,824
  • Market Improvement Value: $121,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,284
  • Assessed Land Value: $132,928
  • Assessed Improvements Value: $40,356

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7904398
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 Village of Lake Bluff

Stats & Trends

Median Asking:

$985,000

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3824 ft²

Average Home Age

37.6 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

Unit for rent at 389 E Deerpath Road, Lake Forest, IL, 60045

$2,850 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
389 E Deerpath Road #1, Lake Forest, IL, 60045 Listing by Megan Sparrow Jordan

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Elizabeth Jakaitis, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11275249
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 136 Sunset Place built and last sold?
The property at 136 Sunset Place was built in 1957 and last sold on May 12, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 136 Sunset Place is $0.
What are some comparable homes to 136 Sunset Place?
There are currently no comparable homes to 136 Sunset Place.
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