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Ogle 61061
2995 N Silver Ridge Drive
$306,500
● House - Off Market

2995 N Silver Ridge Drive

Oregon, IL 61061
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,200 Ft²
$1,846
Est. Monthly
12.62%
Cap Rate

About This Property

Welcome to your dream retreat, where luxury meets leisure. This beautifully appointed 4-bedroom, 3-bathroom home offers exceptional comfort, timeless style, and direct frontage overlooking the 18th hole on one of the area's most scenic golf courses. In 2025, the heart of the home, the kitchen, was updated with new granite countertops and features newer appliances. The open floor plan flows seamlessly into the spacious living and dining areas, all with gorgeous views all around the house. The primary suite is a cozy getaway with updates to the master bath completed in 2025 as well. Enjoy the beauty of this property from the enclosed porch, spacious deck, or covered patio. No matter where you decide to relax, you'll have plenty of room to do so.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$134
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1987

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,100
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,041
  • Total Building Area: 2,200
  • Building Area: 2,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER RIDGE SUBD
  • Land Acres: 0000000620
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RNG/BLK:10 TWP:24 SECT/LOT:28 LOT 4 SILVER RIDGE SUBD

Neighborhood

  • School District Name: Oregon Community Unit School District 220
  • Census Tract: 960700

Geography

  • District: 21
  • Parcel: 09-28-101-004
  • Block: 10
  • Lot: 4,28
  • Meridian: SEC 28 TWN 24 RNG 10
  • Municipality: ROCKVALE
  • Latitude: 42.0577
  • Longitude: -89.3503

    Address

  • Full Address: 2995 N Silver Ridge Dr
  • Address - House Number: 2995
  • Street Direction: N
  • Address - Street Name: Silver Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oregon
  • Carrier Code: R003
  • 4-Digit Zip Code: 8800
  • Zip Code: 61061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $404,228
  • Tax Rate Code Area: 2140

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 74
  • Final Value: 218,981
  • High Value: 260,678
  • Low Value: 177,284

    Market Valuation

  • Market Total Value: $175,440
  • Market Land Value: $35,805
  • Market Improvement Value: $139,635

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,480
  • Assessed Land Value: $11,935
  • Assessed Improvements Value: $46,545
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 Ogle

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$145

Above Asking

8.12%

Average Days on Market

49

Average Home Size

2086 ft²

Average Home Age

62.9 years

Currently For Sale

99 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: Lori Peterson, RE/MAX of Rock Valley
Data Source: MRED, MLS# MRD12370578
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 2995 North Silver Ridge Drive built and last sold?
The property at 2995 North Silver Ridge Drive was built in 1987 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2995 North Silver Ridge Drive is $0.
What are some comparable homes to 2995 North Silver Ridge Drive?
There are currently no comparable homes to 2995 North Silver Ridge Drive.
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