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Fox River Grove 60021 Hunter's Farm
306 MORGAN Lane
$617,500
● House - Off Market

306 MORGAN Lane

FOX RIVER GROVE, IL 60021
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$1,210,115
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

AWARD WINNING BARRINGTON SCHOOLS IN UPSCALE HUNTERS FARM. THIS 5 YEAR NEW HOME LOOKS LIKE A MODEL WITH POTTERY BARN COLORS AND TEXTURES, MAGNIFICENT DETAIL, BRICK FRONT, 2 STORY FOYER, COLUMNS, ARCHES, EXTENSIVE MILLWORK, GOURMET KIT W/42" CHERRY CABINETS,NEW GRANITE, LARGE ISLAND W/SINK, DESIGNER WINDOWS, 6 PANEL DOORS, BEAUTIFULLY FINISHED LL. IMMACULATE!  (See List of Exclusions, in Home,  for Specifics)
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$756
HOA Dues
-
Year Built
2002

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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
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,612
  • Garage Type: 1
  • Garage Square Area: 630
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 5,520
  • Gross Building Area: 5,520
  • Building Area: 4,128
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 4,128
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HUNTERS FARM UNIT 2
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HUNTERS FARM UNIT 2; LOT 56

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 864303

Geography

  • District: CUBA
  • Parcel: 13-21-108-003
  • Lot: 56
  • Municipality: TWP OF CUBA
  • Latitude: 42.1971
  • Longitude: -88.1918

    Address

  • Full Address: 306 Morgan Ln
  • Legal Unit: 2
  • Address - House Number: 306
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Fox River Grove
  • Carrier Code: C001
  • 4-Digit Zip Code: 1212
  • Zip Code: 60021

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,349,920
  • Tax Rate Code Area: 14063

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 726,810
  • High Value: 839,346
  • Low Value: 614,274

    Market Valuation

  • Market Total Value: $519,850
  • Market Land Value: $95,668
  • Market Improvement Value: $424,182

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,266
  • Assessed Land Value: $31,886
  • Assessed Improvements Value: $141,380

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2015
  • Current Sale Recording Date: Jul 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7211511
  • Previous Sale Recording Date: Sep 05, 2002
  • Previous Sale Contract Date: Apr 08, 2002
  • Previous Sale Amount: $468,000
  • Previous Sale Document Type: 71
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 Hunter's Farm

Stats & Trends

Median Asking:

$834,500

Sale Price/ft²

$223

Below Asking

0.01%

Average Days on Market

20

Average Home Size

3888 ft²

Average Home Age

25.5 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

Unit for rent at 87 W Surrey Lane, Barrington Hills, IL, 60010

$4,000 /mo

  • 4 Beds
  • 4 Baths
  • 2,232 ft²
87 W Surrey Lane, Barrington Hills, IL, 60010 Listing by William Gallos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Rebecca Pajich, Keller Williams Success Realty
Data Source: MRED, MLS# MRD06518843
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 306 Morgan Lane built and last sold?
The property at 306 Morgan Lane was built in 2002 and last sold on Jun 24, 2015 for $536,500.
How much is this home worth?
The estimated value of the home located at 306 Morgan Lane is $646,299.
What are some comparable homes to 306 Morgan Lane?
There are currently no comparable homes to 306 Morgan Lane.
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