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Fox Lake 60041 Knollwood Park
310 Park Lane
$195,000
● House - Off Market

310 Park Lane

Ingleside, IL 60041
bedrooms
3 Beds
bathrooms
1 Bath
square feet
916 Ft²
$201,727
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Make 2022 the year you buy a HOUSE on the WATER! 2 LOTS in 1 off Duck Lake!  The neighboring VACANT LOT is being sold TOGETHER with this property, totaling almost a HALF ACRE for this Cozy waterfront Ranch, on Duck Lake! Sitting in a quiet cul-de-sac, the property is on a Duck Lake channel! NEW paint, NEW flooring throughout, UPDATED bathroom, NEWER; Roof, Windows, Water Heater, A/C, and more! It may be chilly now, but Spring will be here before you know it, and what a perfect opportunity to have your own WATERFRONT property in a truly amazing community, with wonderful neighbors! Don't miss out, schedule a showing today!
Unit Size
916 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$217
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1962

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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 #11297038)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Jan 3, 2022 Listed by Berkshire Hathaway HomeServices $199,000
Listed by Berkshire Hathaway HomeServices

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,006
  • Total Building Area: 916
  • Gross Building Area: 916
  • Building Area: 916
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 916
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KNOLLWOOD PARK
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RESUB OF KNOLLWOOD PARK LOT 34

Neighborhood

  • School District Name: Big Hollow School District 38
  • Census Tract: 860905

Geography

  • Assessors Map Reference: 2473-C5
  • District: GRANT
  • Parcel: 05-15-202-012
  • Lot: 34
  • Municipality: TWP OF GRANT
  • Latitude: 42.3842
  • Longitude: -88.1609

    Address

  • Full Address: 310 Park Ln
  • Address - House Number: 310
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Ingleside
  • Carrier Code: R083
  • 4-Digit Zip Code: 8829
  • Zip Code: 60041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $344,160
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 6061

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 191,754
  • High Value: 209,030
  • Low Value: 174,478

    Market Valuation

  • Market Total Value: $117,471
  • Market Land Value: $27,417
  • Market Improvement Value: $90,054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,153
  • Assessed Land Value: $9,138
  • Assessed Improvements Value: $30,015

    Sales

  • Current Sale Contract Date: Apr 26, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7905541
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 Knollwood Park

Stats & Trends

Median Asking:

$410,500

Sale Price/ft²

$160

Above Asking

0.00%

Average Days on Market

33

Average Home Size

2562 ft²

Average Home Age

30 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: Nichole Mueller, Berkshire Hathaway HomeServices
Last Updated: 3 years ago
Data Source: MRED, MLS# 11297038
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 310 Park Lane built and last sold?
The property at 310 Park Lane was built in 1962 and last sold on Apr 26, 2022 for $195,000.
How much is this home worth?
The estimated value of the home located at 310 Park Lane is $0.
What are some comparable homes to 310 Park Lane?
There are currently no comparable homes to 310 Park Lane.
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