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Essex 60935
255 High Point Drive
Photo of 255 High Point Drive

1

Map

$30,000
● Land - For Sale

255 High Point Drive

Essex, IL 60935
bedrooms
Studio
bathrooms
0 Bath
$221
Est. Monthly

About This Property

Can't find the house of your dreams? Build it! This beautiful, wooded lot offers over half an acre to create the home you've always envisioned. Looking for even more space? Purchase the adjoining lot at 245 Highpoint to create a private setting with over an acre of land.
Unit Size
-
Days on Market
-
Land Size
0.65 acres
Price per sqft
-
Property Type
Land
Property Taxes
$74
HOA Dues
-
Year Built
-

Listed By

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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

Exterior Details
Lot Size Area: 28314
Lot Size Units: Square Feet
Lot Size Acres: 0.65
Lot Size Square Feet: 28314
Lot Size Dimensions: 74 x 41 x 240 x 77 x 230
Financial Details
Tax Annual Amount: $882

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: 3,041
  • 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: HIGH POINT ESTATES
  • Land Acres: 0000000069
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: HIGH POINT ESTATES LT 15 04-31-09E

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 010300

Geography

  • District: 9
  • Parcel: 09-06-04-401-015
  • Lot: 15
  • Municipality: ESSEX
  • Latitude: 41.1926
  • Longitude: -88.1916

    Address

  • Full Address: 255 Highpoint Dr
  • Address - House Number: 255
  • Address - Street Name: Highpoint
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Essex
  • Zip Code: 60935

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $72,498
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 9002

    Market Valuation

  • Market Total Value: $36,393
  • Market Land Value: $36,393

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,131
  • Assessed Land Value: $12,131

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1430
  • Previous Sale Recording Date: May 11, 2018
  • Previous Sale Contract Date: May 10, 2018
  • Previous Sale Amount: $40,000
  • 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 Essex

Stats & Trends

Median Asking:

$274,950

Sale Price/ft²

$159

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1623 ft²

Average Home Age

19 years

Currently For Sale

2 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: Lori Bonarek, Lori Bonarek Realty
Data Source: MRED, MLS# MRD12733561
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 255 High Point Drive built and last sold?
The property at 255 High Point Drive was built in and last sold on Feb 16, 2024 for $43,000.
How much is this home worth?
The estimated value of the home located at 255 High Point Drive is $30,300.
What are some comparable homes to 255 High Point Drive?
There are currently no comparable homes to 255 High Point Drive.
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