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Lake 60002 Loon Lake Beach
22172 W Spruce Drive
Photo of 22172 W Spruce Drive

2

Map

Photo of 22172 W Spruce Drive
$9,000
↓ $2K (18.2%)
● Land - For Sale

22172 W Spruce Drive

Antioch, IL 60002
bedrooms
Studio
bathrooms
0 Bath
$74
Est. Monthly

About This Property

Buildable Lot with NO wetlands based on wetland delineation study performed by Baxter Woodman. Price includes wetland study, survey and Lake County Early Assistance letter to jump start development. Lot dimensions are 60 feet wide by 135 feet deep. Building permit needs to include plans for septic and well adhering to Lake County Health Department which has a streamlined, convenience integrated permitting process with Lake County Building Dept.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$29
HOA Dues
-
Year Built
-

Listed By

Misael Chacon
Beycome Brokerage Realty LLC

Payment Calculator

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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.

Property Highlights

Exterior Details
Lot Size Dimensions: 60x135
Financial Details
Tax Annual Amount: $348

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,102
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LOON LAKE BEACH SUB.
  • Land Acres: 0000000186
  • Standard Land Use Code: 8001
  • County Land Use Code: 30
  • Legal Description 1: LOON LAKE BEACH SUB. LOT 21 BLOCK 8

Neighborhood

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

Geography

  • Assessors Map Reference: 2417-C2
  • District: ANTIOCH
  • Parcel: 02-21-207-021
  • Block: 8
  • Lot: 21
  • Municipality: TWP OF ANTIOCH
  • Latitude: 42.4548
  • Longitude: -88.0658

    Address

  • Full Address: 22172 W Spruce Dr
  • Address - House Number: 22172
  • Street Direction: W
  • Address - Street Name: Spruce
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Antioch
  • Carrier Code: R094
  • 4-Digit Zip Code: 9305
  • Zip Code: 60002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,502
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 4020

    Market Valuation

  • Market Total Value: $9,931
  • Market Land Value: $9,931

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,310
  • Assessed Land Value: $3,310
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 Loon Lake Beach

Stats & Trends

Median Asking:

$319,000

Sale Price/ft²

$216

Above Asking

0.00%

Average Days on Market

18

Average Home Size

670 ft²

Average Home Age

70 years

Currently For Sale

1 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 211 W Grass Lake Road, Lake Villa, IL, 60046

$1,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,020 ft²
211 W Grass Lake Road #A, Lake Villa, IL, 60046 Listing by Jeffrey Padesky
Unit for rent at 1177 Blue Heron Circle, Antioch, IL, 60002

$3,700 /mo

  • 5 Beds
  • 2 Baths
  • 2,658 ft²
1177 Blue Heron Circle, Antioch, IL, 60002 Listing by Zeshan Khawar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Misael Chacon, Beycome Brokerage Realty LLC
Data Source: MRED, MLS# MRD12657849
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 22172 West Spruce Drive built and last sold?
The property at 22172 West Spruce Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 22172 West Spruce Drive is $9,090.
What are some comparable homes to 22172 West Spruce Drive?
There are currently no comparable homes to 22172 West Spruce Drive.
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