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North Chicago 60064
2837 18th Street
$260,600
● House - Off Market

2837 18th Street

North Chicago, IL 60064
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,020 Ft²
$1,735
Est. Monthly
11.07%
Cap Rate
Unit Size
1,020 Ft²
Days on Market
-
Land Size
-
Price per sqft
$265
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1963

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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

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,020
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,486
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 1,020
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: F H BARTLETTS NO SHOREWOODS
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: F H BARTLETTS NO SHOREWOODS (EX W 3 FT) LOT 10 ALSO N 1/2 VA C ALLEY LYG S & ADJ LOT 10 BLOCK 1

Neighborhood

  • School District Name: North Chicago School District 187
  • Census Tract: 863201

Geography

  • Assessors Map Reference: 2536-C6
  • District: SHIELDS
  • Parcel: 12-06-203-007
  • Block: 1
  • Lot: 10
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.3267
  • Longitude: -87.8677

    Address

  • Full Address: 2837 18th St
  • Address - House Number: 2837
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: IL
  • City Name: North Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 1516
  • Zip Code: 60064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $375,734
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 10009

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 160,571
  • High Value: 191,540
  • Low Value: 129,601

    Market Valuation

  • Market Total Value: $110,012
  • Market Land Value: $15,245
  • Market Improvement Value: $94,767

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,667
  • Assessed Land Value: $5,081
  • Assessed Improvements Value: $31,586

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Mar 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 7961553
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 North Chicago

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1344 ft²

Average Home Age

63.9 years

Currently For Sale

18 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: Gilbert Abington, Core Realty & Investments Inc.
Data Source: MRED, MLS# MRD12366070
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 2837 18th Street built and last sold?
The property at 2837 18th Street was built in 1963 and last sold on Feb 10, 2023 for $129,500.
How much is this home worth?
The estimated value of the home located at 2837 18th Street is $0.
What are some comparable homes to 2837 18th Street?
There are currently no comparable homes to 2837 18th Street.
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