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Lake 60002 East Loon Lake Shore
22066 W Loon Drive
$150,000
● House - Off Market

22066 W Loon Drive

Antioch, IL 60002
bedrooms
2 Beds
bathrooms
1 Bath
square feet
836 Ft²
$1,094
Est. Monthly
11.08%
Cap Rate

About This Property

This one can be a good rent producer, handyman special, or a quick flip. Will need some TLC and and some repair.   This is an estate and the executor wants sold as is.  The Hot Water furnace appears newer... quiet neighborhood, with beach privileges with Association membership.  Generations of family in this home since 1954.
Unit Size
836 Ft²
Days on Market
-
Land Size
-
Price per sqft
$209
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 286
  • Parking Space Count: 1
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,005
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,122
  • Gross Building Area: 1,142
  • Building Area: 836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 836
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST LOON LAKE SHORE SUB
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: EAST LOON LAKE SHORE SUB LOT 29 BLOCK 10

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 860811

Geography

  • Assessors Map Reference: 2417-C3
  • District: ANTIOCH
  • Parcel: 02-21-408-029
  • Block: 10
  • Lot: 29
  • Municipality: TWP OF ANTIOCH
  • Latitude: 42.4492
  • Longitude: -88.0638

    Address

  • Full Address: 22066 W Loon Dr
  • Address - House Number: 22066
  • Street Direction: W
  • Address - Street Name: Loon
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Antioch
  • Carrier Code: R094
  • 4-Digit Zip Code: 7257
  • Zip Code: 60002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $280,502
  • Tax Rate Code Area: 4020

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 156,285
  • High Value: 181,252
  • Low Value: 131,319

    Market Valuation

  • Market Total Value: $97,111
  • Market Land Value: $6,136
  • Market Improvement Value: $90,975

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,367
  • Assessed Land Value: $2,045
  • Assessed Improvements Value: $30,322

    Exemptions

  • Homeowner Exemption: Yes
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 East Loon Lake Shore

Stats & Trends

Median Asking:

$192,400

Sale Price/ft²

$302

Above Asking

0.00%

Average Days on Market

38

Average Home Size

643 ft²

Average Home Age

61 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Nearby Rentals

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MRED

Listed by: Wayne Sobczak, Realty World Tiffany R.E.
Data Source: MRED, MLS# MRD12322303
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 22066 West Loon Drive built and last sold?
The property at 22066 West Loon Drive was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 22066 West Loon Drive is $0.
What are some comparable homes to 22066 West Loon Drive?
There are currently no comparable homes to 22066 West Loon Drive.
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