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North Chicago 60064 North Shore Park
3023 15th Place
$152,000
● House - Off Market

3023 15th Place

North Chicago, IL 60064
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,164 Ft²
$142,680
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Great opportunity to gain instead equity on this 4 bedroom ranch with one garage for 1 car and a second one for 2.5 cars, Newer roof, sitting on 2 lots in a very quiet area.
Unit Size
1,164 Ft²
Days on Market
-
Land Size
-
Price per sqft
$119
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1945

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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 #11447192)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jun 25, 2022 Listed by RE/MAX American Dream $138,000
Listed by RE/MAX American Dream

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 19
  • 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: 756
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,595
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,164
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,164
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARTLETTS NO SHORE PARK
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: BARTLETTS NO SHORE PARK E17 FT LOT 11 &W86 FT LOT 12 BLOCK 1 0

Neighborhood

  • School District Name: North Chicago School District 187
  • Census Tract: 862800

Geography

  • Assessors Map Reference: 2536-C5
  • District: WAUKEGAN
  • Parcel: 08-31-409-003
  • Block: 1
  • Lot: 11,12
  • Municipality: TWP OF WAUKEGAN
  • Latitude: 42.3313
  • Longitude: -87.8718

    Address

  • Full Address: 3023 15th Pl
  • Address - House Number: 3023
  • Address - Street Name: 15th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: North Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 1530
  • Zip Code: 60064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $531,334
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 191,395
  • High Value: 228,309
  • Low Value: 154,480

    Market Valuation

  • Market Total Value: $145,296
  • Market Land Value: $55,068
  • Market Improvement Value: $90,228

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,427
  • Assessed Land Value: $18,354
  • Assessed Improvements Value: $30,073

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Mar 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Current Sale Input Document Number: 7965336
  • Previous Sale Recording Date: Oct 04, 2022
  • Previous Sale Contract Date: Aug 11, 2022
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: 27
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 Shore Park

Stats & Trends

Median Asking:

$354,500

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

45

Average Home Size

1720 ft²

Average Home Age

23 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: Jorge Trujillo, RE/MAX American Dream
Last Updated: 3 years ago
Data Source: MRED, MLS# 11447192
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 3023 15th Place built and last sold?
The property at 3023 15th Place was built in 1945 and last sold on Aug 11, 2022 for $152,000.
How much is this home worth?
The estimated value of the home located at 3023 15th Place is $0.
What are some comparable homes to 3023 15th Place?
There are currently no comparable homes to 3023 15th Place.
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