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Lake Bluff 60044 Village of Lake Bluff
309 Circle Drive
$780,000
● House - Off Market

309 Circle Drive

Lake Bluff, IL 60044
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,663 Ft²
$857,186
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

A beautiful Cape cod on a quiet cul de sac in East Lake Bluff.  A complete gut rehab and rebuild in 2006. 4 bedrooms and 2.1 baths with a wonderful floor plan invite you in to this charming house in a great location. A large chef's kitchen with loads of counter space, a walk in pantry, open to family room, and beautiful views of the lush, fully fenced back yard. A great mud room and loads of light, hardwood floors, newer carpet, custom plantation shutters and beautiful finishes are a few of the features you will find in this delightful home. A first floor master makes this a very desirable home for todays lifestyle! New hardscape in 2017 and new driveway in 2020! This home is ready for your family to relax and enjoy. All in a walk to location to town, parks and beach!
Unit Size
2,663 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$281
Property Type
House
Property Taxes
$1,091
HOA Dues
-
Year Built
1942

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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 #11052257)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Apr 12, 2021 Listed by Griffith, Grant & Lackie $749,000
Listed by Griffith, Grant & Lackie

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,263
  • Garage Type: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,514
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,497
  • Gross Building Area: 3,497
  • Building Area: 2,234
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,234
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF LAKE BLUFF PERCY WILSONS LAKE
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VILLAGE OF LAKE BLUFF PERCY WILSONS LAKE BLUFF ESTATE LOT 9

Neighborhood

  • School District Name: Lake Bluff Elementary School District 65
  • Census Tract: 863300

Geography

  • District: SHIELDS
  • Parcel: 12-21-301-014
  • Lot: 9
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2745
  • Longitude: -87.8434

    Address

  • Full Address: 309 Circle Dr
  • Address - House Number: 309
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Bluff
  • Carrier Code: C001
  • 4-Digit Zip Code: 2703
  • Zip Code: 60044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,319,930
  • Tax Rate Code Area: 10011

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 774,873
  • High Value: 906,810
  • Low Value: 642,935

    Market Valuation

  • Market Total Value: $612,292
  • Market Land Value: $262,901
  • Market Improvement Value: $349,391

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,077
  • Assessed Land Value: $87,625
  • Assessed Improvements Value: $116,452

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7832426
  • Previous Sale Recording Date: Jan 21, 2005
  • Previous Sale Contract Date: Dec 17, 2004
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Village of Lake Bluff

Stats & Trends

Median Asking:

$944,500

Sale Price/ft²

$410

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3576 ft²

Average Home Age

43.5 years

Currently For Sale

8 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 333 Scott Street, Lake Forest, IL, 60045

$3,790 /mo

  • 3 Beds
  • 2 Baths
  • 2,163 ft²
333 Scott Street, Lake Forest, IL, 60045 Listing by Greg Koza

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marie Colette, Griffith, Grant & Lackie
Last Updated: 3 years ago
Data Source: MRED, MLS# 11052257
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 309 Circle Drive built and last sold?
The property at 309 Circle Drive was built in 1942 and last sold on Aug 18, 2021 for $785,000.
How much is this home worth?
The estimated value of the home located at 309 Circle Drive is $0.
What are some comparable homes to 309 Circle Drive?
There are currently no comparable homes to 309 Circle Drive.
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