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Winthrop Harbor 60096 Shore Acres
2505 9th Street
$200,000
● House - Off Market

2505 9th Street

Winthrop Harbor, IL 60096
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,666 Ft²
$208,008
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Like new home inside!  Brand new stainless steel stove, refrigerator. Dishwasher and carpet and laminate wood flooring in kitchen are also new upstairs! Bathrooms are beautiful ceramic tile! 5th bedroom down stairs has portable closet. Could be family room! Huge utility room down  also. Located right across from park and a block from school! Freshly painted and ready to move in! Easy to show ! Very quick closing possible!
Unit Size
1,666 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$120
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1965

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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 #11459544)

Price History

Date / Event Date Event Price
Sep 19, 2022 Sold
Premium
Sold
Jul 9, 2022 Listed by Netgar Investments Inc $200,000
Listed by Netgar Investments Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,778
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 600
  • Total Building Area: 833
  • Gross Building Area: 833
  • Building Area: 833
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 833
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHIELD S SUB.
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: SHIELD S SUB. LOT 20

Neighborhood

  • School District Name: Zion-Benton Township High School District 126
  • Census Tract: 860104

Geography

  • District: BENTON
  • Parcel: 04-09-401-029
  • Lot: 20
  • Municipality: TWP OF BENTON
  • Latitude: 42.4786
  • Longitude: -87.8314

    Address

  • Full Address: 2505 9th St
  • Address - House Number: 2505
  • Address - Street Name: 9th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Winthrop Harbor
  • Carrier Code: C001
  • 4-Digit Zip Code: 1503
  • Zip Code: 60096

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $480,088
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 189,575
  • High Value: 222,263
  • Low Value: 156,887

    Market Valuation

  • Market Total Value: $142,455
  • Market Land Value: $16,070
  • Market Improvement Value: $126,385

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,480
  • Assessed Land Value: $5,356
  • Assessed Improvements Value: $42,124

    Sales

  • Current Sale Contract Date: Sep 29, 2022
  • Current Sale Recording Date: Sep 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7935779
  • Previous Sale Recording Date: Apr 06, 2007
  • Previous Sale Contract Date: Mar 26, 2007
  • Previous Sale Amount: $124,000
  • 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 Shore Acres

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2808 ft²

Average Home Age

48 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

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MRED

Listed by: Gary Powell, Netgar Investments Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11459544
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 2505 9th Street built and last sold?
The property at 2505 9th Street was built in 1965 and last sold on Sep 29, 2022 for $200,000.
How much is this home worth?
The estimated value of the home located at 2505 9th Street is $202,000.
What are some comparable homes to 2505 9th Street?
There are currently no comparable homes to 2505 9th Street.
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