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Riverwoods 60015 River Woods
2640 Gemini Lane
$675,500
● House - Off Market

2640 Gemini Lane

Riverwoods, IL 60015
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$786,692
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

One of Riverwood's finest, 4000 SF living spaces with a very private setting. This captivating, picturesque property is set on 1.5 acres of natural beauty with a backdrop of a wooded lot. Extensively renovated by the current owners. Gorgeous bathrooms with copper finishes and beautiful mosaic tiles. Newer kitchen with all stainless steel Samsung appliances and Brazilian cherry floors including heated floor in the family room. Completely new master bathroom with jacuzzi to enjoy long baths with a view. New extra-large garage, dual-zoned heating/cooling, and new water heaters. This gorgeous set offers the utmost privacy and serenity. Wilmot Elementary and Deerfield High-school district.
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,184
HOA Dues
-
Year Built
1957

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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 #11167150)

Price History

Date / Event Date Event Price
Oct 5, 2021 Sold
Premium
Sold
Jul 23, 2021 Listed by City Habitat Realty LLC $699,000
Listed by City Habitat Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Lot Size Depth Feet: 2,970
  • Lot Size Frontage Feet: 2,200
  • Total Building Area: 3,246
  • Gross Building Area: 3,756
  • Building Area: 3,246
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 3,246
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER WOODS EAST
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RIVER WOODS EAST LOT HH

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864524

Geography

  • District: VERNON
  • Parcel: 15-36-203-003
  • Lot: HH
  • Municipality: TWP OF VERNON
  • Latitude: 42.1617
  • Longitude: -87.8928

    Address

  • Full Address: 2640 Gemini Ln
  • Address - House Number: 2640
  • Address - Street Name: Gemini
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Riverwoods
  • Carrier Code: C038
  • 4-Digit Zip Code: 3815
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,727,134
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 16337

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 793,939
  • High Value: 915,469
  • Low Value: 672,409

    Market Valuation

  • Market Total Value: $608,098
  • Market Land Value: $277,153
  • Market Improvement Value: $330,945

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,679
  • Assessed Land Value: $92,375
  • Assessed Improvements Value: $110,304

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Feb 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7870629
  • Previous Sale Recording Date: Jan 12, 2016
  • Previous Sale Contract Date: Dec 11, 2015
  • Previous Sale Amount: $460,500
  • 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 River Woods

Stats & Trends

Median Asking:

$1,249,900

Sale Price/ft²

$258

Above Asking

0.00%

Average Days on Market

35

Average Home Size

5433 ft²

Average Home Age

34 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

Unit for rent at 921 Wilmot Road, Deerfield, IL, 60015

$3,900 /mo

  • 4 Beds
  • 2 Baths
  • 2,500 ft²
921 Wilmot Road, Deerfield, IL, 60015 Listing by Eugene Abbott
Unit for rent at 172 Pointe Drive, Northbrook, IL, 60062

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,962 ft²
172 Pointe Drive #172, Northbrook, IL, 60062 Listing by Sarah Lyons

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lavinia Shimkus, City Habitat Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11167150
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 2640 Gemini Lane built and last sold?
The property at 2640 Gemini Lane was built in 1957 and last sold on Sep 28, 2021 for $675,500.
How much is this home worth?
The estimated value of the home located at 2640 Gemini Lane is $705,990.
What are some comparable homes to 2640 Gemini Lane?
There are currently no comparable homes to 2640 Gemini Lane.
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