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North Chicago 60064 Washburn Park
1648 Kemble Avenue
$116,000
● House - Off Market

1648 Kemble Avenue

North Chicago, IL 60064
bedrooms
2 Beds
bathrooms
1 Bath
square feet
930 Ft²
$136,110
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

CUTE 2BD RANCH HOME ON CORNER LOT ACROSS THE STREET FROM NCCHS. LARGE GARAGE ATTACHED TO HOME. NEWLY REHABBED BATH AND KITCHEN. YOUR BUYERS WILL LOVE THIS OPEN FLOOR PLAN, LARGE YARD, AND ADDITIONAL STORAGE IN BACK ROOM & BASEMENT. LOTS OF ADDITIONAL ROOM FOR GARDENING OR WORKSHOP, ETC. NEW ROOF IN 2020! DON'T MISS OUT!
Unit Size
930 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$129
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
1926

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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 #11164874)

Price History

Date / Event Date Event Price
Sep 16, 2021 Sold
Premium
Sold
Jul 22, 2021 Listed by The Horvay Group LLC $119,900
Listed by The Horvay Group LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • 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: 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: 930
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,242
  • Total Building Area: 1,860
  • Gross Building Area: 1,860
  • Building Area: 930
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 930
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WASHBURN PARK SUB
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WASHBURN PARK SUB; LOTS 29 & 30 BLOCK 51

Neighborhood

  • School District Name: North Chicago School District 187
  • Census Tract: 862902

Geography

  • Assessors Map Reference: 2536-D6
  • District: WAUKEGAN
  • Parcel: 08-32-417-037
  • Block: 51
  • Lot: 29,30
  • Municipality: TWP OF WAUKEGAN
  • Latitude: 42.3289
  • Longitude: -87.855

    Address

  • Full Address: 1648 Kemble Ave
  • Address - House Number: 1648
  • Address - Street Name: Kemble
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: North Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 2010
  • Zip Code: 60064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $485,390
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 160,499
  • High Value: 191,455
  • Low Value: 129,544

    Market Valuation

  • Market Total Value: $135,317
  • Market Land Value: $18,725
  • Market Improvement Value: $116,592

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,101
  • Assessed Land Value: $6,241
  • Assessed Improvements Value: $38,860

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7840632
  • Previous Sale Recording Date: Jul 15, 2013
  • Previous Sale Contract Date: May 31, 2013
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: 69
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 Washburn Park

Stats & Trends

Median Asking:

$256,950

Sale Price/ft²

$183

Below Asking

0.01%

Average Days on Market

52

Average Home Size

637 ft²

Average Home Age

100.6 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 25 Keller Avenue, Waukegan, IL, 60085

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
25 Keller Avenue #S, Waukegan, IL, 60085 Listing by Mershaun Scott

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brent Horvay, The Horvay Group LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11164874
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 1648 Kemble Avenue built and last sold?
The property at 1648 Kemble Avenue was built in 1926 and last sold on Sep 16, 2021 for $116,000.
How much is this home worth?
The estimated value of the home located at 1648 Kemble Avenue is $0.
What are some comparable homes to 1648 Kemble Avenue?
There are currently no comparable homes to 1648 Kemble Avenue.
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