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Grandwood Park 60031 Grandwood Park
18727 W Highfield Drive
$285,000
● House - Off Market

18727 W Highfield Drive

Gurnee, IL 60031
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,319 Ft²
$2,112
Est. Monthly
12.68%
Cap Rate

About This Property

GRANDWOOD PARK-SPACIOUS GURNEE RANCH!!!  BEAUTIFUL YARD-FULLY FENCED-4 year new patio!  REMODELED HOME WITH OPEN FLOOR PLAN!  SPACIOUS KITCHEN IS OPEN TO LARGE LIVING ROOM.  NICE CABINETS,ISLAND, APPLIANCES!(BRAND NEW DISHWASHER & STOVE).  HARDWOOD FLOORS, TILED KITCHEN. FOUR BEDROOM HOME (one is tandum).  Master has Huge walk in closet.   1 1/2 baths. (new tub surround).  Owner says some windows are new! BRAND NEW ROOF 2025! New facia & gutters. Heated/Detached 2 1/2 car garage w/EDGO.   New Forced air gas furnace in 2019/ new Hot water heater in 2023.  PRICED TO SELL!  Crawl space with 2 sump pumps & vapor barrier.       CALL NOW!!
Unit Size
1,319 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$216
Property Type
House
Property Taxes
$712
HOA Dues
-
Year Built
1976

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 11
  • 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: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,027
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 1,319
  • Gross Building Area: 1,319
  • Building Area: 1,319
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,319
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHFIELD GARDENS
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HIGHFIELD GARDENS LOT 3 BLOCK 35

Neighborhood

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

Geography

  • District: WARREN
  • Parcel: 07-07-304-009
  • Block: 35
  • Lot: 3
  • Municipality: TWP OF WARREN
  • Latitude: 42.3916
  • Longitude: -87.9966

    Address

  • Full Address: 18727 W Highfield Dr
  • Address - House Number: 18727
  • Street Direction: W
  • Address - Street Name: Highfield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gurnee
  • Carrier Code: C004
  • 4-Digit Zip Code: 1311
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $742,104
  • Tax Rate Code Area: 8134

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 283,986
  • High Value: 336,550
  • Low Value: 231,423

    Market Valuation

  • Market Total Value: $250,303
  • Market Land Value: $37,528
  • Market Improvement Value: $212,775

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,426
  • Assessed Land Value: $12,508
  • Assessed Improvements Value: $70,918

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2004
  • Current Sale Recording Date: Jan 05, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5711620
  • Previous Sale Recording Date: Jan 21, 2004
  • Previous Sale Contract Date: Dec 18, 2003
  • Previous Sale Amount: $176,500
  • Previous Sale Document Type: 71
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 575 Capital Lane, Gurnee, IL, 60031

$3,700 /mo

  • 5 Beds
  • 2 Baths
  • 3,044 ft²
575 Capital Lane, Gurnee, IL, 60031 Listing by Stan Sorenson
Unit for rent at 37061 N Bonnie Brae Road, Lake Villa, IL, 60046

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 2,862 ft²
37061 N Bonnie Brae Road, Lake Villa, IL, 60046 Listing by Venkateshwar Talari

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brenda Newman-Lawler, RE/MAX Plaza
Data Source: MRED, MLS# MRD12433959
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 18727 West Highfield Drive built and last sold?
The property at 18727 West Highfield Drive was built in 1976 and last sold on Dec 28, 2004 for $180,000.
How much is this home worth?
The estimated value of the home located at 18727 West Highfield Drive is $287,850.
What are some comparable homes to 18727 West Highfield Drive?
There are currently no comparable homes to 18727 West Highfield Drive.
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