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North Chicago 60064
1519 ARGONNE Drive
$175,000
● House - Off Market

1519 ARGONNE Drive

North Chicago, IL 60064
bedrooms
2 Beds
bathrooms
1 Bath
$169,283
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Adorable & Affordable!!! 2 Bedroom Rach home! Open Concept Floor Plan Allows for Great Entertaining. Kitchen with New Flooring. All Appliances stay and loads of Cabinetry! 2 nice Update full bath with newer Flooring! Basement is great for storage and nice yard. Newer furnace and water heater in 2019. Great Investment Property or a great Starter Home! Property in good condition, but will be sold "AS IS"
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$308
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 #11741159)

Price History

Date / Event Date Event Price
Jun 21, 2023 Sold
Premium
Sold
Mar 20, 2023 Listed by Netgar Investments Inc $169,000
Listed by Netgar Investments Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • 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: 969
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,240
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,938
  • Gross Building Area: 1,938
  • Building Area: 969
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 969
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY OF NORTH CHICAGO SOUTH WAUKEGAN
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: CITY OF NORTH CHICAGO SOUTH WAUKEGAN LOT 5 BLOCK 45

Neighborhood

  • School District Name: North Chicago School District 187
  • Census Tract: 863100

Geography

  • Assessors Map Reference: 2536-E6
  • District: SHIELDS
  • Parcel: 12-05-210-001
  • Block: 45
  • Lot: 5
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.3247
  • Longitude: -87.851

    Address

  • Full Address: 1519 Argonne Dr
  • Address - House Number: 1519
  • Address - Street Name: Argonne
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: North Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 2639
  • Zip Code: 60064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $420,636
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 10009

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 139,184
  • High Value: 151,724
  • Low Value: 126,644

    Market Valuation

  • Market Total Value: $119,112
  • Market Land Value: $20,102
  • Market Improvement Value: $99,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,700
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $33,000

    Sales

  • Current Sale Contract Date: Jun 19, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7981382
  • Previous Sale Recording Date: Nov 02, 2016
  • Previous Sale Contract Date: Oct 12, 2016
  • Previous Sale Amount: $28,500
  • Previous Sale Document Type: 55
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 North Chicago

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1097 ft²

Average Home Age

64 years

Currently For Sale

19 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 1618 Victoria Avenue, North Chicago, IL, 60064

$2,100 /mo

  • 4 Beds
  • 2 Baths
  • 1,722 ft²
1618 Victoria Avenue, North Chicago, IL, 60064 Listing by Michael Jenkins

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Porfirio Garcia, Netgar Investments Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11741159
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 1519 Argonne Drive built and last sold?
The property at 1519 Argonne Drive was built in 1957 and last sold on Jun 19, 2023 for $175,000.
How much is this home worth?
The estimated value of the home located at 1519 Argonne Drive is $170,690.
What are some comparable homes to 1519 Argonne Drive?
There are currently no comparable homes to 1519 Argonne Drive.
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