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Highwood 60040 Highwood
232 Evolution Avenue
$170,000
● House - Off Market

232 Evolution Avenue

Highwood, IL 60040
bedrooms
2 Beds
bathrooms
1 Bath
square feet
774 Ft²
$184,456
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

ATTENTION FIXER UPPERS & FLIPPERS! Great Investment Opportunity Or Condo Alternative. Sun-Filled Cozy 2 Bedroom Ranch In Convenient Location. It has one bath, a full basement, and a beautiful 2-car garage. Walk To Restaurants, Shops, Parks, Train & Lake Michigan. Minutes To Rt 41 & 294. Sold As-Is. Cash & Conventional Buyers Only.
Unit Size
774 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$231
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1930

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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 #11725846)

Price History

Date / Event Date Event Price
Mar 27, 2023 Sold
Premium
Sold
Feb 25, 2023 Listed by Porcayo & Associates Realty $179,000
Listed by Porcayo & Associates Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 4
  • 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: 9
  • Basement Area: 774
  • Garage Type: 4
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,567
  • Total Building Area: 1,548
  • Gross Building Area: 1,683
  • Building Area: 774
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 774
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEARSON STOOKEY & HOGAN SUB
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PEARSON STOOKEY & HOGAN SUB N 12FT LOT 32 ALL LOT 33 ALSO E1 /2 VAC ALLEY LYG W & ADJ SD LOTS BLOCK 1

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 865200

Geography

  • Assessors Map Reference: 2704-C2
  • District: MORAINE
  • Parcel: 16-15-408-026
  • Block: 1
  • Lot: 32,33
  • Municipality: TWP OF MORAINE
  • Latitude: 42.2011
  • Longitude: -87.817

    Address

  • Full Address: 232 Evolution Ave
  • Address - House Number: 232
  • Address - Street Name: Evolution
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Highwood
  • Carrier Code: C001
  • 4-Digit Zip Code: 1604
  • Zip Code: 60040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $442,970
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 18001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 197,018
  • High Value: 214,769
  • Low Value: 179,268

    Market Valuation

  • Market Total Value: $227,045
  • Market Land Value: $70,270
  • Market Improvement Value: $156,775

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,674
  • Assessed Land Value: $23,421
  • Assessed Improvements Value: $52,253

    Sales

  • Current Sale Contract Date: Mar 23, 2023
  • Current Sale Recording Date: Apr 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7968958
  • Previous Sale Recording Date: Jun 22, 2022
  • Previous Sale Contract Date: Jun 16, 2022
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 71
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 Highwood

Stats & Trends

Median Asking:

$644,500

Sale Price/ft²

$379

Below Asking

0.02%

Average Days on Market

24

Average Home Size

1830 ft²

Average Home Age

19 years

Currently For Sale

4 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: Pedro Porcayo, Porcayo & Associates Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11725846
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 232 Evolution Avenue built and last sold?
The property at 232 Evolution Avenue was built in 1930 and last sold on Mar 23, 2023 for $170,000.
How much is this home worth?
The estimated value of the home located at 232 Evolution Avenue is $0.
What are some comparable homes to 232 Evolution Avenue?
There are currently no comparable homes to 232 Evolution Avenue.
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