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McHenry 60152 Grenadier Manor
2647 Constance Lane
$385,000
● House - Off Market

2647 Constance Lane

Marengo, IL 60152
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,000 Ft²
$2,632
Est. Monthly
4.67%
Cap Rate

About This Property

Nestled on a picturesque one-acre lot with serene views of a charming horse pasture, this exquisite 4-bedroom, 2.1-bathroom home offers the perfect blend of comfort and elegance. The heart of the home is the open-concept kitchen and living area, designed for modern living and effortless entertaining. The spacious primary suite is a true retreat, featuring a luxurious full bathroom complete with a soaking tub and a walk-in closet. With its tranquil setting and thoughtfully designed interior, this home promises a lifestyle of relaxation and sophistication.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$667
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 #11696634)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
May 14, 2024 Listed by Platinum Partners Realtors $400,000
Listed by Platinum Partners Realtors

Property Highlights

Air Conditioning
Fireplace

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
  • Living Units: 1
  • 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: 43,531
  • 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: R
  • Subdivision: MARGATE
  • Land Acres: 0000000999
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0013891 LT 10 MARGATE

Neighborhood

  • School District Name: Marengo Community High School District 154
  • Census Tract: 871003

Geography

  • Parcel: 11-15-403-005
  • Block: 403
  • Lot: 10
  • Municipality: MARENGO TWP
  • Latitude: 42.2892
  • Longitude: -88.6336

    Address

  • Full Address: 2647 Constance Ln
  • Address - House Number: 2647
  • Address - Street Name: Constance
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Marengo
  • Carrier Code: R001
  • 4-Digit Zip Code: 8522
  • Zip Code: 60152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $800,832
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1239
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 430,639
  • High Value: 484,025
  • Low Value: 377,254

    Market Valuation

  • Market Total Value: $340,749
  • Market Land Value: $79,386
  • Market Improvement Value: $261,363

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $113,583
  • Assessed Land Value: $26,462
  • Assessed Improvements Value: $87,121
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 Grenadier Manor

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$234

Above Asking

0.00%

Average Days on Market

63

Average Home Size

1993 ft²

Average Home Age

59 years

Currently For Sale

0 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: Sabrina Glover, Platinum Partners Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11696634
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 2647 Constance Lane built and last sold?
The property at 2647 Constance Lane was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2647 Constance Lane is $0.
What are some comparable homes to 2647 Constance Lane?
There are currently no comparable homes to 2647 Constance Lane.
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