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Fox Lake 60020 Howard Park
159 Forest Avenue
$52,000
● House - Off Market

159 Forest Avenue

FOX LAKE, IL 60020
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,434 Ft²
$90,895
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Charming old School bungalow ready to be rehabbed. Nice big lot, close to the lake. Bring your imagination to make this one sparkle. Pipes do not hold pressure and buyer to do own due dilligence. All inspections and system activations responsibilty of the buyer!!
Unit Size
1,434 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$40
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1935

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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 #09479336)

Price History

Date / Event Date Event Price
Aug 25, 2017 Sold
Premium
Sold
Jan 17, 2017 Listed by Coldwell Banker The Real Estate Group $57,000
Listed by Coldwell Banker The Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 792
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,300
  • Total Building Area: 2,226
  • Gross Building Area: 2,321
  • Building Area: 1,434
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,434
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROGERS SUB
  • Land Acres: 0000000214
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ROGERS SUB S1/2 LOT 10 & ALL LOTS 13 & 14

Neighborhood

  • School District Name: Fox Lake Grade School District 114
  • Census Tract: 860903

Geography

  • Assessors Map Reference: 2473-A2
  • District: GRANT
  • Parcel: 05-03-305-039
  • Lot: 10,13
  • Municipality: TWP OF GRANT
  • Latitude: 42.4069
  • Longitude: -88.1759

    Address

  • Full Address: 159 Forest Ave
  • Address - House Number: 159
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Fox Lake
  • Carrier Code: C004
  • 4-Digit Zip Code: 1343
  • Zip Code: 60020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $402,866
  • Tax Rate Code Area: 6063

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 191,757
  • High Value: 228,308
  • Low Value: 155,207

    Market Valuation

  • Market Total Value: $139,916
  • Market Land Value: $31,491
  • Market Improvement Value: $108,425

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,634
  • Assessed Land Value: $10,496
  • Assessed Improvements Value: $36,138

    Sales

  • Current Sale Contract Date: Jul 18, 2017
  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 7424568
  • Previous Sale Recording Date: Dec 01, 2016
  • Previous Sale Contract Date: Nov 11, 2016
  • Previous Sale Document Type: 64
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 Howard Park

Stats & Trends

Median Asking:

$172,000

Sale Price/ft²

$158

Below Asking

0.02%

Average Days on Market

37

Average Home Size

1182 ft²

Average Home Age

53.2 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: , Coldwell Banker The Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09479336
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 159 Forest Avenue built and last sold?
The property at 159 Forest Avenue was built in 1935 and last sold on Jul 18, 2017 for $52,000.
How much is this home worth?
The estimated value of the home located at 159 Forest Avenue is $0.
What are some comparable homes to 159 Forest Avenue?
There are currently no comparable homes to 159 Forest Avenue.
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