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Lindenhurst 60046
2216 Ridgeland Drive
$230,000
● House - Off Market

2216 Ridgeland Drive

Lindenhurst, IL 60046
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,030 Ft²
$273,571
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Looking in Lindenhurst? Spend this summer in your own private pool!!! This 4 bedroom, 2 bathroom home has an amazing deck for entertaining as well as a large enough yard to enjoy. Inside, the basement features a wet bar and fireplace as well as access to the 2 car attached garage. Close to Gurnee Mills, 6 Flags, Metra, 294 and an abundance of Forest Preserves. New Furnace. Newer Roof. New Exterior Doors. Newer Laminate flooring.
Unit Size
1,030 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$223
Property Type
House
Property Taxes
$569
HOA Dues
-
Year Built
1977

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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.

Last updated: 3 years ago (MRED MLS #11037128)

Price History

Date / Event Date Event Price
May 6, 2021 Sold
Premium
Sold
Mar 30, 2021 Listed by @properties $230,000
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • 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: 550
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,467
  • Total Building Area: 1,580
  • Gross Building Area: 1,580
  • Building Area: 1,030
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,030
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VENETIAN VILLAGE UNIT NO.14
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VENETIAN VILLAGE UNIT NO.14 LOT 10 BLOCK 141

Neighborhood

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

Geography

  • Assessors Map Reference: 2476-B1
  • District: LAKE VILLA
  • Parcel: 06-02-201-051
  • Block: 141
  • Lot: 10
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4141
  • Longitude: -88.0273

    Address

  • Full Address: 2216 Ridgeland Dr
  • Legal Unit: 14
  • Address - House Number: 2216
  • Address - Street Name: Ridgeland
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lindenhurst
  • Carrier Code: R012
  • 4-Digit Zip Code: 9231
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $630,810
  • Tax Rate Code Area: 5126

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 285,647
  • High Value: 337,511
  • Low Value: 233,784

    Market Valuation

  • Market Total Value: $234,827
  • Market Land Value: $33,495
  • Market Improvement Value: $201,332

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,268
  • Assessed Land Value: $11,164
  • Assessed Improvements Value: $67,104

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7794046
  • Previous Sale Recording Date: Aug 21, 1998
  • Previous Sale Contract Date: Aug 11, 1998
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

43

Average Home Size

2071 ft²

Average Home Age

33 years

Currently For Sale

20 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

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MRED

Listed by: Jamie Ross, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11037128
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 2216 Ridgeland Drive built and last sold?
The property at 2216 Ridgeland Drive was built in 1977 and last sold on Apr 30, 2021 for $230,000.
How much is this home worth?
The estimated value of the home located at 2216 Ridgeland Drive is $0.
What are some comparable homes to 2216 Ridgeland Drive?
There are currently no comparable homes to 2216 Ridgeland Drive.
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