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Lakemoor 60051 The Ports of Sullivan Lake
199 Windward
$72,000
● House - Off Market

199 Windward

Lakemoor, IL 60051
bedrooms
2 Beds
bathrooms
1 Bath
square feet
566 Ft²
$509
Est. Monthly
$57
HOA / Fees
26.92%
Cap Rate

About This Property

For sale 2-bedroom, 1-bathroom home with an additional sunroom, perfect for use as an office, playroom, or additional living space. The home comes partially furnished and features a spacious deck, ideal for entertaining or enjoying the natural surroundings.    The community offers exceptional amenities, including a clubhouse, pool, playground, and tennis court- enhancing the overall living experience. Additionally, the annual assessment covers services such as water, trash removal, and one pump-out voucher per year, providing convenience and value.    This property offers both comfort and functionality, making it an excellent choice for those seeking a peaceful, living environment.  Selling As Is. Schedule your appointment today.
Unit Size
566 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$138
Property Type
House
Property Taxes
$69
HOA Dues
$57
Year Built
1998

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Cap Rate Calculator

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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

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,251
  • Total Building Area: 180
  • Gross Building Area: 180
  • Building Area: 180
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 180
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE PORTS OF SULLIVAN LAKE
  • Land Acres: 0000000980
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: THE PORTS OF SULLIVAN LAKE; LOT 199

Neighborhood

  • School District Name: Grant Community High School District 124
  • Census Tract: 860907

Geography

  • Assessors Map Reference: 2529-D4
  • District: GRANT
  • Parcel: 05-33-102-004
  • Lot: 199
  • Municipality: TWP OF GRANT
  • Latitude: 42.3429
  • Longitude: -88.1949

    Address

  • Full Address: 199 Windward
  • Address - House Number: 199
  • Address - Street Name: Windward
  • State: IL
  • City Name: Lakemoor
  • Carrier Code: R006
  • 4-Digit Zip Code: 6812
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $102,366
  • Tax Rate Code Area: 6022

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 79,763
  • High Value: 86,950
  • Low Value: 72,577

    Market Valuation

  • Market Total Value: $50,228
  • Market Land Value: $7,195
  • Market Improvement Value: $43,033

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,741
  • Assessed Land Value: $2,398
  • Assessed Improvements Value: $14,343

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Jan 30, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8016999
  • Previous Sale Recording Date: Sep 19, 2017
  • Previous Sale Contract Date: Jul 22, 2017
  • Previous Sale Amount: $29,900
  • 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 The Ports of Sullivan Lake

Stats & Trends

Median Asking:

$125,000

Sale Price/ft²

$179

Below Asking

0.04%

Average Days on Market

38

Average Home Size

675 ft²

Average Home Age

30.2 years

Currently For Sale

0 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

Rentals Near You

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MRED

Listed by: Julia Garcia, Real People Realty
Data Source: MRED, MLS# MRD12316334
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 199 Windward built and last sold?
The property at 199 Windward was built in 1998 and last sold on Jan 26, 2024 for $69,000.
How much is this home worth?
The estimated value of the home located at 199 Windward is $78,780.
What are some comparable homes to 199 Windward?
There are currently no comparable homes to 199 Windward.
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