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Long Grove 60047 Wynncrest of Long Grove
2606 Wynncrest Drive
$150,000
● Land - Off Market

2606 Wynncrest Drive

Long Grove, IL 60047
bedrooms
Studio
bathrooms
0 Bath
$176,927
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

1.8 ACRES IN HIGH END WYNNCREST SUBDIVISION. PROPERTY WILL ACCOMODATE AN ENGLISH BASEMENT. SITE PLANS, WELL AND SEPTIC HAVE ALREADY BEEN APPROVED. BRAND NEW ROAD THROUGHOUT SUBDIVISION. ALL SOIL TESTS HAVE BEEN PERFORMED. PERFECT LOCATION CLOSE TO EVERYTHING YET VERY PRIVATE. ROLLING TERRAIN, POND VIEW FROM FRONT. SUBDIVISION CONSISTS OF 12 HIGH END LUXURY RESIDENCES. THIS IS YOUR CHANCE TO GRAB THE LAST REMAINING LOT (LOT #4). WILL NOT LAST LONG. JUST REDUCED $55K PRICED TO SELL, SELLER SAYS BRING ALL OFFERS.. BUILD YOUR DREAM OR SPEC HOME TODAY OR YEARS FROM NOW.. VACANT PROPERTY TAXES PRESENTLY ARE ONLY $20 YES $20!!! SELLER HAS KEPT PROPERTY AGRICULTURE. TALK WITH VILLAGE YOU SHOULD BE ABLE TO DO THE SAME UNTIL BUILDING WHEN THE TIME IS RIGHT FOR YOU...
Unit Size
-
Days on Market
-
Land Size
1.82 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2
HOA Dues
-
Year Built
-

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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.

Last updated: 3 years ago (MRED MLS #11274271)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
Nov 19, 2021 Listed by Coldwell Banker Realty $174,900
Listed by Coldwell Banker Realty

Property Highlights

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: 79,279
  • 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: WYNNCREST OF LONG GROVE
  • Land Acres: 0000001820
  • Standard Land Use Code: 8001
  • County Land Use Code: 30
  • Legal Description 1: WYNNCREST OF LONG GROVE; LOT 4

Neighborhood

  • School District Name: Kildeer Countryside Community Consolidated School District 96
  • Census Tract: 864403

Geography

  • Assessors Map Reference: 2700-B7
  • District: ELA
  • Parcel: 14-36-108-002
  • Lot: 4
  • Municipality: TWP OF ELA
  • Latitude: 42.1672
  • Longitude: -88.0218

    Address

  • Full Address: 2606 Wynncrest Dr
  • Address - House Number: 2606
  • Address - Street Name: Wynncrest
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Long Grove
  • Carrier Code: R002
  • 4-Digit Zip Code: 5033
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $607,130
  • Tax Rate Code Area: 15028

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,995
  • Assessed Land Value: $49,995

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7912673
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 Wynncrest of Long Grove

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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MRED

Listed by: Jeffrey Clark, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11274271
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 2606 Wynncrest Drive built and last sold?
The property at 2606 Wynncrest Drive was built in and last sold on Jun 7, 2022 for $150,000.
How much is this home worth?
The estimated value of the home located at 2606 Wynncrest Drive is $0.
What are some comparable homes to 2606 Wynncrest Drive?
There are currently no comparable homes to 2606 Wynncrest Drive.
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