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Fox Lake 60041 Oaks of The Hollow
168 Cherry Lane
$275,000
● House - Off Market

168 Cherry Lane

Ingleside, IL 60041
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,104 Ft²
$1,680
Est. Monthly
9.91%
Cap Rate

About This Property

LOCATION LOCATION LOCATION! Welcome to this spectacular 3 bed 2.5 bath home, tucked away into a quiet cul-de-sac located just off route 12 & 59. This home features vaulted ceilings, a partially fenced in yard, and a finished basement that can be used as a home gym, bonus bedroom, or whatever your needs might be! The spacious and functional mud room/laundry room is designed to make everyday tasks a breeze. Step outside to a stunning oasis that's as gorgeous as it is serene. The backyard features a patio perfect for hosting summer barbecues or enjoying a quiet night under the stars. Complete with a large and insulated 2 car garage that provides ample space to park your vehicles and also offers additional overhead storage for all your belongings. Don't miss the opportunity to make this wonderful property your new home!
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$249
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #12051351)

Price History

Date / Event Date Event Price
Jun 27, 2024 Sold
Premium
Sold
May 9, 2024 Listed by Stateline Dream Homes Inc $275,000
Listed by Stateline Dream Homes Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK CREST SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: OAK CREST SUB; LOT 5

Neighborhood

  • School District Name: Big Hollow School District 38
  • Census Tract: 860905

Geography

  • District: GRANT
  • Parcel: 05-15-406-040
  • Lot: 5
  • Municipality: TWP OF GRANT
  • Latitude: 42.3766
  • Longitude: -88.1675

    Address

  • Full Address: 168 Cherry Ln
  • Address - House Number: 168
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Ingleside
  • Carrier Code: R083
  • 4-Digit Zip Code: 8837
  • Zip Code: 60041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $474,530
  • Tax Rate Code Area: 6059

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 249,548
  • High Value: 292,576
  • Low Value: 206,519

    Market Valuation

  • Market Total Value: $170,015
  • Market Land Value: $27,042
  • Market Improvement Value: $142,973

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,666
  • Assessed Land Value: $9,013
  • Assessed Improvements Value: $47,653

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2004
  • Current Sale Recording Date: Dec 10, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5697557
  • Previous Sale Recording Date: Oct 09, 1996
  • Previous Sale Contract Date: Oct 04, 1996
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Oaks of The Hollow

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$159

Above Asking

0.00%

Average Days on Market

61

Average Home Size

2495 ft²

Average Home Age

30 years

Currently For Sale

1 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 206 Terra Firma Lane, Volo, IL, 60020

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,541 ft²
206 Terra Firma Lane, Volo, IL, 60020 Listing by Jorge Hurtado

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Matthew Sean Mason, Stateline Dream Homes Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 12051351
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 168 Cherry Lane built and last sold?
The property at 168 Cherry Lane was built in 1996 and last sold on Nov 12, 2004 for $217,000.
How much is this home worth?
The estimated value of the home located at 168 Cherry Lane is $277,750.
What are some comparable homes to 168 Cherry Lane?
There are currently no comparable homes to 168 Cherry Lane.
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