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Lindenhurst 60046
2101 Old Elm Road
$219,000
● House - Off Market

2101 Old Elm Road

Lindenhurst, IL 60046
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,088 Ft²
$1,504
Est. Monthly
10.24%
Cap Rate

About This Property

** WELCOME HOME ** THIS CHARMING HOME WILL STEAL YOUR HEART ** Fresh paint and new flooring throughout make this home warm and welcoming! Large family room and plenty of space for your comfy couch and entertainment center. The kitchen has granite countertops and a breakfast bar. The exterior door to the backyard is conveniently located by the kitchen, so you can enjoy the outdoors. There is nothing to do here, but move in!  Newer Roof and asphalt driveway 2017. New electrical panel in 2020, New water heater and piping in 2021.  New Windows, vinyl siding, exterior doors, bedroom doors (except closets), new recessed lighting, fixtures and electrical outlets. All new trim and baseboards.  The deck is 2 years old and the landscaping was just updated. Great home in a great neighborhood with sought-after schools!
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$202
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1954

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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 #11918832)

Price History

Date / Event Date Event Price
Feb 2, 2024 Sold
Premium
Sold
Oct 27, 2023 Listed by @properties Christie's International Real Estate $219,900
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: 1
  • Garage Square Area: 320
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,088
  • Gross Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VENETIAN VILLAGE UNIT NO.12
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VENETIAN VILLAGE UNIT NO.12 LOT 36 BLOCK 138

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 861008

Geography

  • District: LAKE VILLA
  • Parcel: 06-02-213-020
  • Block: 138
  • Lot: 36
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4101
  • Longitude: -88.0312

    Address

  • Full Address: 2101 Old Elm Rd
  • Legal Unit: 12
  • Address - House Number: 2101
  • Address - Street Name: Old Elm
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lindenhurst
  • Carrier Code: R012
  • 4-Digit Zip Code: 9279
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $508,222
  • Tax Rate Code Area: 5126

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 216,500
  • High Value: 236,006
  • Low Value: 196,994

    Market Valuation

  • Market Total Value: $162,196
  • Market Land Value: $33,519
  • Market Improvement Value: $128,677

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,060
  • Assessed Land Value: $11,172
  • Assessed Improvements Value: $42,888

    Sales

  • Current Sale Contract Date: Feb 01, 2024
  • Current Sale Recording Date: Feb 07, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8018479
  • Previous Sale Recording Date: Feb 05, 2009
  • Previous Sale Contract Date: Dec 15, 2008
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 68
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 Lindenhurst

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2078 ft²

Average Home Age

34.5 years

Currently For Sale

21 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

$2,250 /mo

  • 3 Beds
  • 1 Bath
  • 1,150 ft²
37055 N Capillo Avenue, Lake Villa, IL, 60046 Listing by John Worklan
Unit for rent at 3133 Falling Waters Lane, Lindenhurst, IL, 60046

$2,299 /mo

  • 2 Beds
  • 2 Baths
  • 1,208 ft²
3133 Falling Waters Lane, Lindenhurst, IL, 60046 Listing by Valentyna Artamonova

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Domenica Koch, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11918832
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 2101 Old Elm Road built and last sold?
The property at 2101 Old Elm Road was built in 1954 and last sold on Feb 1, 2024 for $219,000.
How much is this home worth?
The estimated value of the home located at 2101 Old Elm Road is $0.
What are some comparable homes to 2101 Old Elm Road?
There are currently no comparable homes to 2101 Old Elm Road.
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