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Waukegan 60083 The Links at Midlane
2581 N Augusta Drive
$250,000
● House - Off Market

2581 N Augusta Drive

Wadsworth, IL 60083
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$1,835
Est. Monthly
$224
HOA / Fees
5.97%
Cap Rate
Unit Size
1,428 Ft²
Days on Market
-
Land Size
-
Price per sqft
$168
Property Type
House
Property Taxes
$432
HOA Dues
$224
Year Built
1996

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 18
  • 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: 571
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 3
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,002
  • Total Building Area: 1,811
  • Gross Building Area: 1,811
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINKS AT MIDLANE
  • Land Acres: 0000000023
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RESUB OF OUTLOT H OF THE LINKS AT MIDLANE; LOT 358

Neighborhood

  • School District Name: Gurnee School District 56
  • Census Tract: 861506

Geography

  • District: WARREN
  • Parcel: 07-02-302-206
  • Lot: 358
  • Municipality: TWP OF WARREN
  • Latitude: 42.4033
  • Longitude: -87.9175

    Address

  • Full Address: 2581 N Augusta Dr
  • Address - House Number: 2581
  • Street Direction: N
  • Address - Street Name: Augusta
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wadsworth
  • Carrier Code: R004
  • 4-Digit Zip Code: 8900
  • Zip Code: 60083

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $518,268
  • Tax Rate Code Area: 8024

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 209,374
  • High Value: 246,344
  • Low Value: 172,404

    Market Valuation

  • Market Total Value: $164,258
  • Market Land Value: $18,599
  • Market Improvement Value: $145,659

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,747
  • Assessed Land Value: $6,199
  • Assessed Improvements Value: $48,548

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2004
  • Current Sale Recording Date: Apr 05, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5529509
  • Previous Sale Recording Date: Aug 06, 2002
  • Previous Sale Contract Date: Jul 02, 2002
  • Previous Sale Amount: $154,000
  • 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 The Links at Midlane

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$152

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1770 ft²

Average Home Age

29.3 years

Currently For Sale

3 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

Rentals Near You

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MRED

Listed by: Angie Gelis, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12328177
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 2581 North Augusta Drive built and last sold?
The property at 2581 North Augusta Drive was built in 1996 and last sold on Mar 29, 2004 for $159,000.
How much is this home worth?
The estimated value of the home located at 2581 North Augusta Drive is $0.
What are some comparable homes to 2581 North Augusta Drive?
There are currently no comparable homes to 2581 North Augusta Drive.
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