For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Grandwood Park 60031 Grandwood Park
18482 W Geier Road
$275,000
● House - Off Market

18482 W Geier Road

Gurnee, IL 60031
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,566 Ft²
$292,618
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

YOU HAD ME AT FENCED-IN, HUGE CORNER LOT on a CUL-DE-SAC!!!  This spectacular split-level home in GRANDWOOD is move-in ready! Gorgeous mature trees and bushes abound. Formal Living Room. 4 Bedrooms with exciting options in the lower level for a Theatre Room/TV space, Yoga Studio or more entertaining space.  The amazing Kitchen is sure to inspire great meals and memorable moments.  A quiet and spacious home, ideal for hosting events and holiday gatherings. Gardens surrounding a concrete patio welcome you to the backyard to entertain or just relax by the Firepit.    Huge oversized 2-Car Garage provides plenty of extra storage with a Tool Bench work area. Situated in a friendly community with a superb school district, just minutes to the Metra, Gurnee Mills and Six Flags. Welcome Home!
Unit Size
1,566 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$166
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1968

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11200314)

Price History

Date / Event Date Event Price
Oct 7, 2021 Sold
Premium
Sold
Aug 30, 2021 Listed by @properties $260,000
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 39
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 650
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,182
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 1,683
  • Gross Building Area: 1,683
  • Building Area: 1,033
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,033
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANDWOOD PARK UNIT NO.4
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: GRANDWOOD PARK UNIT NO.4; (EX BEG AT SW COR, N ALG W LN 25, SLY, SELY ELY ALG A CURVED LN CONVEX SWLY RAD 25.12 & TANG TO LAST LN AT DESC PNT LONG CHORD DIST 35.44 TYO A PNT ON L

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861604

Geography

  • District: WARREN
  • Parcel: 07-07-205-012
  • Block: 24
  • Lot: 12
  • Municipality: TWP OF WARREN
  • Latitude: 42.3935
  • Longitude: -87.9923

    Address

  • Full Address: 18482 W Geier Rd
  • Legal Unit: 4
  • Address - House Number: 18482
  • Street Direction: W
  • Address - Street Name: Geier
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Gurnee
  • Carrier Code: C004
  • 4-Digit Zip Code: 1305
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $692,674
  • Tax Rate Code Area: 8134

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 285,608
  • High Value: 334,315
  • Low Value: 236,901

    Market Valuation

  • Market Total Value: $239,750
  • Market Land Value: $34,881
  • Market Improvement Value: $204,869

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,909
  • Assessed Land Value: $11,626
  • Assessed Improvements Value: $68,283

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7857437
  • Previous Sale Recording Date: May 08, 2006
  • Previous Sale Contract Date: Apr 26, 2006
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71

    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 Grandwood Park

Stats & Trends

Median Asking:

$312,500

Sale Price/ft²

$223

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1318 ft²

Average Home Age

58 years

Currently For Sale

2 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 722 Aster Drive, Gurnee, IL, 60031

$4,095 /mo

  • 4 Beds
  • 2 Baths
  • 4,516 ft²
722 Aster Drive, Gurnee, IL, 60031 Listing by Marty Rinehart

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Constance Olker, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11200314
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 18482 West Geier Road built and last sold?
The property at 18482 West Geier Road was built in 1968 and last sold on Sep 23, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 18482 West Geier Road is $262,600.
What are some comparable homes to 18482 West Geier Road?
There are currently no comparable homes to 18482 West Geier Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Grandwood Park Homes for Sale
Grandwood Park Houses for Sale
Grandwood Park Condos for Sale
Grandwood Park Townhouses for Sale
Grandwood Park Homes with Basements
Grandwood Park Homes with Pools
Grandwood Park Homes with Parking
Grandwood Park Homes with Garages
Nearby Cities
Gurnee Homes for Sale
Venetian Village Homes for Sale
Third Lake Homes for Sale
Nearby Property Records
Lake County, IL Property Records
Kenosha County, WI Property Records
McHenry County, IL Property Records
Racine County, WI Property Records
Walworth County, WI Property Records
Kane County, IL Property Records
DuPage County, IL Property Records
Boone County, IL Property Records
Neighborhoods
The Pines Real Estate
Nearby Counties
Warren Homes for Sale
Top Real Estate Agents
Top Agents in Grandwood Park
Top Agents in Warren
Top Agents in 60031
Top Agents in Gurnee
Top Agents in Venetian Village
Top Agents in Third Lake
Top Agents in The Pines