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Channel Lake 60002
26124 W Riverview Place
$182,000
● House - Off Market

26124 W Riverview Place

Antioch, IL 60002
bedrooms
2 Beds
bathrooms
1 Bath
square feet
715 Ft²
$1,235
Est. Monthly
11.33%
Cap Rate

About This Property

**Multiple offers received. Highest & best due Sunday 10/20 at 3pm**    Welcome to your serene retreat on the channel of Lake Marie! This charming waterfront home offers breathtaking views and endless possibilities. Enjoy your morning coffee on the spacious yard, where you can soak in the peaceful surroundings of this quiet neighborhood. With its cozy layout and inviting atmosphere, this property is the perfect starter home-and it's brimming with potential for you to make it your own. Whether you're dreaming of expansion or simply relaxing by the water, this home is your canvas. Schedule a showing today to explore all the possibilities!
Unit Size
715 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$252
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1968

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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: 2 years ago (MRED MLS #12183965)

Price History

Date / Event Date Event Price
Nov 7, 2024 Sold
Premium
Sold
Oct 21, 2024 In contract -
In contract
Oct 14, 2024 Listed by Baird & Warner $180,000
Listed by Baird & Warner

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 600
  • Gross Building Area: 800
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 18
  • Heated Square Feet: 600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VOLK BROS.MID-LAKES UNIT NO.2
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VOLK BROS.MID-LAKES UNIT NO.2 LOT 123

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 860808

Geography

  • District: ANTIOCH
  • Parcel: 01-14-210-002
  • Lot: 123
  • Municipality: TWP OF ANTIOCH
  • Latitude: 42.4716
  • Longitude: -88.1425

    Address

  • Full Address: 26124 W Riverview Pl
  • Legal Unit: 2
  • Address - House Number: 26124
  • Street Direction: W
  • Address - Street Name: Riverview
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Antioch
  • Carrier Code: R095
  • 4-Digit Zip Code: 2839
  • Zip Code: 60002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $395,622
  • Tax Rate Code Area: 4010

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 167,821
  • High Value: 199,515
  • Low Value: 136,127

    Market Valuation

  • Market Total Value: $125,344
  • Market Land Value: $29,955
  • Market Improvement Value: $95,389

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,777
  • Assessed Land Value: $9,984
  • Assessed Improvements Value: $31,793

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7804151
  • Previous Sale Recording Date: Aug 28, 2013
  • Previous Sale Contract Date: Jul 25, 2013
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: 68
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 Channel Lake

Stats & Trends

Median Asking:

$269,950

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2029 ft²

Average Home Age

77.8 years

Currently For Sale

9 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

Unit for rent at 25080 W Il 173 Route, Antioch, IL, 60002

$2,250 /mo

  • 4 Beds
  • 1 Bath
  • 1,600 ft²
25080 W Il 173 Route #1, Antioch, IL, 60002 Listing by Wayne Sobczak
Unit for rent at 39762 N Tee Side Court, Antioch, IL, 60002

$2,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,161 ft²
39762 N Tee Side Court, Antioch, IL, 60002 Listing by Nadejda Levin

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mazina Dominguez, Baird & Warner
Last Updated: 2 years ago
Data Source: MRED, MLS# 12183965
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 26124 West Riverview Place built and last sold?
The property at 26124 West Riverview Place was built in 1968 and last sold on May 24, 2021 for $143,000.
How much is this home worth?
The estimated value of the home located at 26124 West Riverview Place is $0.
What are some comparable homes to 26124 West Riverview Place?
There are currently no comparable homes to 26124 West Riverview Place.
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