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Round Lake Beach 60046 Sweetwater Mill
2022 Oak Tree Trail
$325,000
● House - Off Market

2022 Oak Tree Trail

Lake Villa, IL 60046
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,767 Ft²
$339,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Beautiful Home in spectacular location overlooking nature preserve and gorgeous pond! Spacious Open Floor plan with walk-out lower level.  Freshly painted, carpet just replaced(2023)-Dinning & Living Room, Upper Hallway, Master Bedroom and Stairs.  Great Eat-in Kitchen, Master Bedroom with full Bath and spacious closet. Finished basement with recreation room with fireplace and possible 4th bedroom and full bath.  The view from every window in the A"10" is truly special, as home sits up high. Conveniently located near a variety of shopping centers, restaurants, and highways.
Unit Size
2,767 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
House
Property Taxes
$749
HOA Dues
-
Year Built
1991

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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 #11914538)

Price History

Date / Event Date Event Price
Nov 30, 2023 Sold
Premium
Sold
Oct 23, 2023 Listed by EHomes Realty, Ltd $339,000
Listed by EHomes Realty, Ltd

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,520
  • Total Building Area: 2,767
  • Gross Building Area: 2,767
  • Building Area: 2,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,284
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKTREE UNIT 1
  • Land Acres: 0000000196
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: OAKTREE UNIT 1; LOT 138

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861202

Geography

  • Assessors Map Reference: 2475-D5
  • District: AVON
  • Parcel: 06-15-102-003
  • Lot: 138
  • Municipality: TWP OF AVON
  • Latitude: 42.385
  • Longitude: -88.0586

    Address

  • Full Address: 2022 Oaktree Trl
  • Legal Unit: 1
  • Address - House Number: 2022
  • Address - Street Name: Oaktree
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R015
  • 4-Digit Zip Code: 7566
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $898,958
  • Tax Rate Code Area: 7063

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 332,623
  • High Value: 362,591
  • Low Value: 302,655

    Market Valuation

  • Market Total Value: $254,782
  • Market Land Value: $42,430
  • Market Improvement Value: $212,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,919
  • Assessed Land Value: $14,142
  • Assessed Improvements Value: $70,777

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8009847
  • Previous Sale Recording Date: Jun 17, 2002
  • Previous Sale Contract Date: Mar 29, 2002
  • Previous Sale Amount: $195,000
  • 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 Sweetwater Mill

Stats & Trends

Median Asking:

$372,500

Sale Price/ft²

$186

Above Asking

0.00%

Average Days on Market

31

Average Home Size

1998 ft²

Average Home Age

31 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

Unit for rent at 37055 N Capillo Avenue, Lake Villa, IL, 60046

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,150 ft²
37055 N Capillo Avenue, Lake Villa, IL, 60046 Listing by John Worklan
Unit for rent at 24 E Honeysuckle Drive, Round Lake Beach, IL, 60073

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 2,119 ft²
24 E Honeysuckle Drive, Round Lake Beach, IL, 60073 Listing by Erika Ricardo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Eva Cuper, EHomes Realty, Ltd
Last Updated: 3 years ago
Data Source: MRED, MLS# 11914538
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 2022 Oaktree Trail built and last sold?
The property at 2022 Oaktree Trail was built in 1991 and last sold on Nov 30, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 2022 Oaktree Trail is $342,390.
What are some comparable homes to 2022 Oaktree Trail?
There are currently no comparable homes to 2022 Oaktree Trail.
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