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Kane 60118
17N398 BINNIE LAKES Trail
$315,000
● House - Off Market

17N398 BINNIE LAKES Trail

WEST DUNDEE, IL 60118
bedrooms
3 Beds
bathrooms
4 Baths
square feet
2,528 Ft²
$727,795
RealtyHop Estimate
108.00%
Since Jan 1, 2009
National-US
Primary Model

About This Property

Bank owned property being sold "AS-IS" No survey or disclosures. Addendums on Connect MLS. Verification of earnest money in certified funds required at time of offer. Verification of funds or current pre-qual letter required at time of offer. Allow 48-72 hours for response. 100% tax proration. Buyer to verify all information.
Unit Size
2,528 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$138
Property Type
House
Property Taxes
$731
HOA Dues
-
Year Built
1990

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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.

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,528
  • Garage Type: 1
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 75,794
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 1,770
  • Total Building Area: 5,920
  • Gross Building Area: 5,920
  • Building Area: 5,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 5,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BINNIE LAKES
  • Land Acres: 0000001740
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: THAT PART OF LOT 10 IN BINNIE LAKES DESC IN DOC 2004K064433

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850707

Geography

  • Parcel: 02-13-402-012
  • Lot: 10
  • Municipality: RUTLAND
  • Latitude: 42.1163
  • Longitude: -88.3596

    Address

  • Full Address: 17n398 Binnie Lakes Trl
  • Address - House Number: 17n398
  • Address - Street Name: Binnie Lakes
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Dundee
  • Carrier Code: R002
  • 4-Digit Zip Code: 9574
  • Zip Code: 60118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $993,908
  • Tax Rate Code Area: RU029

    Appraisal Valuation

  • Standard Deviation: 0.135
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 530,860
  • High Value: 602,541
  • Low Value: 459,178

    Market Valuation

  • Market Total Value: $433,298
  • Market Land Value: $110,027
  • Market Improvement Value: $323,271

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $144,375
  • Assessed Land Value: $36,661
  • Assessed Improvements Value: $107,714

    Sales

  • Current Sale Contract Date: May 08, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K039267
  • Previous Sale Recording Date: Dec 17, 2008
  • Previous Sale Contract Date: Dec 11, 2008
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 Kane

Stats & Trends

Median Asking:

$399,990

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2411 ft²

Average Home Age

33.8 years

Currently For Sale

873 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 895 Brielle Boulevard, IL, 60136

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,724 ft²
895 Brielle Boulevard, IL, 60136 Listing by Taylor Farrey

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robyn Huffar, Lifestyles Real Estate Inc.
Data Source: MRED, MLS# MRD06748939
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 17N398 Binnie Lakes Trail built and last sold?
The property at 17N398 Binnie Lakes Trail was built in 1990 and last sold on May 8, 2021 for $433,000.
How much is this home worth?
The estimated value of the home located at 17N398 Binnie Lakes Trail is $364,299.
What are some comparable homes to 17N398 Binnie Lakes Trail?
There are currently no comparable homes to 17N398 Binnie Lakes Trail.
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