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Lake Zurich 60047
24 Johnathan Road
$285,000
● House - Off Market

24 Johnathan Road

Lake Zurich, IL 60047
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$1,750
Est. Monthly
6.95%
Cap Rate

About This Property

Looking for your first place (or a fresh start)? This adorable ranch is the perfect spot at a perfect price. Freshly painted, larger-than-expected bedrooms, a new bathroom, and newer appliances make it move-in ready, while the roof, siding, and several windows were updated in 2017 for peace of mind. The oversized two-car garage and fenced backyard add practicality and a bit of fun-perfect for pets, gardening, and hosting friends on the patio or around a fire pit. Convenient one level living. Tucked on a quiet street close to the Kuechmann Arboretum and the lake and Breezewald Park for evening strolls. Without a doubt, this is the best deal in Lake Zurich!
Unit Size
840 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$339
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1951

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 450
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,988
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 2ND.ADD.
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: 2ND.ADD.TO BAZUR UNIT 2 LOT 122

Neighborhood

  • School District Name: Lake Zurich Community Unit School District 95
  • Census Tract: 864408

Geography

  • Assessors Map Reference: 2698-D1
  • District: ELA
  • Parcel: 14-18-211-034
  • Lot: 122
  • Municipality: TWP OF ELA
  • Latitude: 42.2084
  • Longitude: -88.1062

    Address

  • Full Address: 24 Johnathan Rd
  • Legal Unit: 2
  • Address - House Number: 24
  • Address - Street Name: Johnathan
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Zurich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1217
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $430,000
  • Tax Rate Code Area: 15059

    Appraisal Valuation

  • Standard Deviation: 0.1811
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 234,874
  • High Value: 277,412
  • Low Value: 192,337

    Market Valuation

  • Market Total Value: $184,261
  • Market Land Value: $56,013
  • Market Improvement Value: $128,248

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,414
  • Assessed Land Value: $18,669
  • Assessed Improvements Value: $42,745

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7889472
  • Previous Sale Recording Date: Jun 03, 2009
  • Previous Sale Contract Date: May 27, 2009
  • Previous Sale Amount: $180,000
  • 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 Lake Zurich

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2365 ft²

Average Home Age

34.1 years

Currently For Sale

35 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 40 W Main Street, Lake Zurich, IL, 60047

$1,988 /mo

  • 1 Bed
  • 1 Bath
  • 954 ft²
40 W Main Street #102, Lake Zurich, IL, 60047 Listing by Lauren Evett

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tami Hamilton, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12420339
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 Johnathan Road built and last sold?
The property at 24 Johnathan Road was built in 1951 and last sold on Mar 14, 2022 for $214,000.
How much is this home worth?
The estimated value of the home located at 24 Johnathan Road is $0.
What are some comparable homes to 24 Johnathan Road?
There are currently no comparable homes to 24 Johnathan Road.
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