For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
McHenry 60013 Root Springs
2211 Grove Lane
$555,000
● House - Off Market

2211 Grove Lane

Cary, IL 60013
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,877 Ft²
$557,436
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Absolutely stunning 3 bedroom 2.1 bath two story lake home property with full basement that features an open layout, Pella windows and doors throughout, 2 car detatched garage with additional 4 spaces, hardwood floors, granite counter tops, vaulted ceilings, full basement, recessed lighting, skylights, fireplace, and is located just minutes from shopping, restaurants and across the alley for Cary country club. Property is being sold as is.
Unit Size
1,877 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$293
Property Type
House
Property Taxes
$891
HOA Dues
$240
Year Built
1944

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11357409)

Price History

Date / Event Date Event Price
Apr 28, 2022 Sold
Premium
Sold
Mar 25, 2022 Listed by Berkshire Hathaway HomeServices Starck Real Estate $549,900
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 881
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,754
  • Lot Size Frontage Feet: 440
  • Total Building Area: 2,758
  • Building Area: 1,877
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,877
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROOT SPRINGS SUB
  • Land Acres: 0000000201
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0016039 W 43FT LT 41 ROOT SPRINGS SUB

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871600

Geography

  • Parcel: 19-24-251-040
  • Block: 251
  • Lot: 41
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1941
  • Longitude: -88.2408

    Address

  • Full Address: 2211 Grove Ln
  • Address - House Number: 2211
  • Address - Street Name: Grove
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Cary
  • Carrier Code: C012
  • 4-Digit Zip Code: 2828
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,148,262
  • Tax Rate Code Area: 19041

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 465,384
  • High Value: 541,590
  • Low Value: 389,178

    Market Valuation

  • Market Total Value: $386,694
  • Market Land Value: $131,316
  • Market Improvement Value: $255,378

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,898
  • Assessed Land Value: $43,772
  • Assessed Improvements Value: $85,126

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16039
  • Previous Sale Recording Date: Mar 21, 2017
  • Previous Sale Contract Date: Feb 22, 2017
  • Previous Sale Amount: $200,000
  • 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 Root Springs

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 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 1218 Lincoln Avenue, Fox River Grove, IL, 60021

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,786 ft²
1218 Lincoln Avenue, Fox River Grove, IL, 60021 Listing by Teresa Vassos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Scott Schilaci, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11357409
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 2211 Grove Lane built and last sold?
The property at 2211 Grove Lane was built in 1944 and last sold on Apr 22, 2022 for $555,000.
How much is this home worth?
The estimated value of the home located at 2211 Grove Lane is $556,488.
What are some comparable homes to 2211 Grove Lane?
There are currently no comparable homes to 2211 Grove Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Algonquin Homes for Sale
Algonquin Houses for Sale
Algonquin Condos for Sale
Algonquin Townhouses for Sale
Algonquin Multifamily for Sale
Algonquin Land for Sale
Algonquin Commercial for Sale
Algonquin Homes with Basements
Nearby Cities
Palatine Homes for Sale
Crystal Lake Homes for Sale
Huntley Homes for Sale
Lake in the Hills Homes for Sale
Woodstock Homes for Sale
Carpentersville Homes for Sale
Cary Homes for Sale
Lake Zurich Homes for Sale
Nearby Property Records
McHenry County, IL Property Records
Kane County, IL Property Records
DuPage County, IL Property Records
Boone County, IL Property Records
Walworth County, WI Property Records
DeKalb County, IL Property Records
Lake County, IL Property Records
Kenosha County, WI Property Records
Neighborhoods
Four Colonies Real Estate
Lake In The Hills Estates Real Estate
Meadowbrook Real Estate
Crystal Lake Real Estate
Coventry Real Estate
Bull Valley Golf Club Real Estate
Boulder Ridge Country Club Estates Real Estate
Turnberry Real Estate
Nearby Counties
Palatine Homes for Sale
Grafton Homes for Sale
Dundee Homes for Sale
Ela Homes for Sale
Nunda Homes for Sale
Rutland Homes for Sale
Fremont Homes for Sale
Cuba Homes for Sale
Top Real Estate Agents
Top Agents in Root Springs
Top Agents in Algonquin
Top Agents in Palatine
Top Agents in Palatine
Top Agents in 60010
Top Agents in Grafton
Top Agents in 60014
Top Agents in Dundee