See Home Value
$427,500
● House - Off Market

242 Braxton Way

Grayslake, IL 60030
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,126 Ft²
$2,863
Est. Monthly
8.00%
Cap Rate

About This Property

Don't miss this opportunity to own a beautifully maintained 4-bedroom, 21/2-bath home in the prestigious College Trail Subdivision! Nestled against a neighborhood park, this inviting home features a welcoming front porch-perfect for your morning coffee. Step inside to gleaming hardwood floors and a light-filled open traditional floorplan. The spacious living room sets the stage for gatherings, while the dining room is ideal for formal dinner parties. The recently updated kitchen is a chef's dream, boasting a large center island, newer Slate Finish appliances, granite counters, and a spacious eating area that opens to the family room, complete with stunning views and a cozy fireplace. The eating area flows seamlessly to a huge deck and fenced backyard, perfect for outdoor entertaining, with the park playground just 30 yards away-ideal for sports and playtime. The first floor also features a newly updated powder room and a convenient laundry room. Upstairs, the primary bedroom offers dual closets and a private bath with dual vanities, a spacious shower, and a separate soaking tub. Three additional spacious bedrooms with large closets and a hall bath complete the second floor. Looking for more space? The finished basement includes a hobby room and rec room, perfect for movie nights or gaming. This home is move-in ready, with major updates already completed: a new furnace (2011), granite kitchen counters (2015), roof, gutters, siding, and garage door (2015), updated kitchen cabinetry and appliances (2016), updated powder room (2019), new wiring and ceiling fans in all bedrooms (2020), a tankless hot water heater (2020), new backyard fencing (2021), a new driveway (2022), and new central air conditioning (2023). Located just a few blocks from historic downtown Grayslake with its shops, restaurants, and Metra station, 242 Braxton Way is truly the perfect place to call home!
Unit Size
2,126 Ft²
Days on Market
-
Land Size
-
Price per sqft
$198
Property Type
House
Property Taxes
$800
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12193484)

Price History

Date / Event Date Event Price
Dec 23, 2024 Sold
Sold
Nov 12, 2024 In contract -
In contract
Nov 1, 2024 Listed by Baird & Warner $420,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 683
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,396
  • Total Building Area: 3,250
  • Gross Building Area: 3,250
  • Building Area: 2,126
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,126
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE TRAIL UNIT SIX
  • Land Acres: 0000000216
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: COLLEGE TRAIL UNIT SIX LOT 121

Neighborhood

  • School District Name: Grayslake Community High School District 127
  • Census Tract: 861106

Geography

  • District: AVON
  • Parcel: 06-25-321-001
  • Lot: 121
  • Municipality: TWP OF AVON
  • Latitude: 42.3472
  • Longitude: -88.0163

    Address

  • Full Address: 242 Braxton Way
  • Legal Unit: 6
  • Address - House Number: 242
  • Address - Street Name: Braxton
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Grayslake
  • Carrier Code: C014
  • 4-Digit Zip Code: 3494
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $960,164
  • Tax Rate Code Area: 7060

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 394,892
  • High Value: 462,982
  • Low Value: 326,802

    Market Valuation

  • Market Total Value: $319,253
  • Market Land Value: $69,562
  • Market Improvement Value: $249,691

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,407
  • Assessed Land Value: $23,185
  • Assessed Improvements Value: $83,222

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 12, 2015
  • Current Sale Recording Date: Apr 14, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7186146
  • Previous Sale Recording Date: Oct 30, 1996
  • Previous Sale Contract Date: Oct 09, 1996
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About College Trail


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 33451 N Sears Boulevard, Grayslake, IL, 60030

$3,750 /mo

  • 4 Beds
  • 2 Baths
  • 2,598 ft²
33451 N Sears Boulevard, Grayslake, IL, 60030 Listing by Kathleen Bak


Frequently Asked Questions

When was property at 242 Braxton Way built and last sold?
The property at 242 Braxton Way was built in 1992 and last sold on Feb 12, 2015 for $270,000.
How much is this home worth?
The estimated value of the home located at 242 Braxton Way is $0.
What are some comparable homes to 242 Braxton Way?
There are currently no comparable homes to 242 Braxton Way.