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Carroll 61046
24-141 Lake Carroll Boulevard
$1,500
● Land - Off Market

24-141 Lake Carroll Boulevard

Lake Carroll, IL 61046
bedrooms
Studio
bathrooms
0 Bath
$11
Est. Monthly

About This Property

3.8 acre ranchette site that allows horses! Conveniently located and ready for your dream home/ranch. Enjoy the Lake Carroll Lifestyle with access to an 18 hole championship golf course, pro-shop, 640 acre lake with 2 marinas, 14 miles of ATV trails, indoor and outdoor pools, lodge and clubhouse. Yearly dues are $2765. $375 transfer fee at closing. Decals for your vehicles and toys/boat are extra.  There are activities & clubs to enjoy throughout the year here!
Unit Size
-
Days on Market
-
Land Size
3.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1
HOA Dues
-
Year Built
-

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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

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: 165,528
  • Lot Size Frontage Feet: 0
  • 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: SADDLEWOOD POINT
  • Land Acres: 0000003800
  • Standard Land Use Code: 8001
  • Legal Description 1: LOT 141 SECTION 24 SADDLEWOOD POINT LAKE CARROLL

Neighborhood

  • School District Name: Eastland Community Unit School District 308
  • Census Tract: 960100

Geography

  • District: 01003
  • Section: 24
  • Parcel: 01-05-06-324-141
  • Lot: 141
  • Municipality: CHERRY GROVE/SHANNON TWP
  • Latitude: 42.1867
  • Longitude: -89.8451

    Address

  • Full Address: 24-141 Lake Carroll Blvd
  • Address - House Number: 24-141
  • Address - Street Name: Lake Carroll
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Lanark
  • Carrier Code: R002
  • 4-Digit Zip Code: 9288
  • Zip Code: 61046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,416
  • Tax Rate Code Area: 01003

    Market Valuation

  • Market Total Value: $7,816
  • Market Land Value: $7,816

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,605
  • Assessed Land Value: $2,605

    Sales

  • Current Sale Contract Date: Aug 01, 1991
  • Current Sale Recording Date: Aug 01, 1991
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
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 Carroll

Stats & Trends

Median Asking:

$143,000

Sale Price/ft²

$85

Below Asking

0.04%

Average Days on Market

67

Average Home Size

1880 ft²

Average Home Age

89.6 years

Currently For Sale

33 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: Tracey DeCrane, RE/MAX Town Lake & Country
Data Source: MRED, MLS# MRD12585863
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 24-141 Lake Carroll Boulevard built and last sold?
The property at 24-141 Lake Carroll Boulevard was built in and last sold on Aug 1, 1991 for $18,900.
How much is this home worth?
The estimated value of the home located at 24-141 Lake Carroll Boulevard is $0.
What are some comparable homes to 24-141 Lake Carroll Boulevard?
There are currently no comparable homes to 24-141 Lake Carroll Boulevard.
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