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Waukegan 60083 Mid Lane Country Club Estates
3150 Midlane Drive
$420,000
● House - Off Market

3150 Midlane Drive

Wadsworth, IL 60083
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,200 Ft²
$2,815
Est. Monthly
7.81%
Cap Rate

About This Property

Newly renovated home in Wadsworth  Experience this luxurious home in a picturesque golf community. Huge 3,200 square ft home with 4 bedrooms, 3 bath, den on the main floor and a generous loft with additional space for a second office. With a 3-car garage, you'll have ample room for all of your tools. Step outside to your extra-large fenced backyard, complete with a sprawling deck and a large shed for additional storage. Just 10 minutes to Gurnee Mills and rt 94 and the links are just a block away.  Recent renovations include:  New roof, hardwood flooring, stainless-steel appliances with a double oven, granite countertops and new garage doors. Schedule your showing today and discover your new lifestyle in this beautiful golf community!
Unit Size
3,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$134
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
1991

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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

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,460
  • Garage Type: 1
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 3
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,003
  • Total Building Area: 5,100
  • Gross Building Area: 5,100
  • Building Area: 2,920
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MID LANE COUNTRY CLUB ESTATES
  • Land Acres: 0000000299
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: MID LANE COUNTRY CLUB ESTATES; LOT 95

Neighborhood

  • School District Name: Gurnee School District 56
  • Census Tract: 861506

Geography

  • Assessors Map Reference: 2478-D1
  • District: WARREN
  • Parcel: 07-02-204-018
  • Lot: 95
  • Municipality: TWP OF WARREN
  • Latitude: 42.4102
  • Longitude: -87.9053

    Address

  • Full Address: 3150 Midlane Dr
  • Address - House Number: 3150
  • Address - Street Name: Midlane
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wadsworth
  • Carrier Code: R007
  • 4-Digit Zip Code: 9529
  • Zip Code: 60083

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $844,412
  • Tax Rate Code Area: 8024

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 279,104
  • High Value: 326,569
  • Low Value: 231,638

    Market Valuation

  • Market Total Value: $311,749
  • Market Land Value: $39,268
  • Market Improvement Value: $272,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,906
  • Assessed Land Value: $13,088
  • Assessed Improvements Value: $90,818

    Sales

  • Current Sale Contract Date: May 05, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 7666172
  • Previous Sale Recording Date: Feb 20, 2020
  • Previous Sale Contract Date: Jan 27, 2020
  • Previous Sale Document Type: 64

    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 Mid Lane Country Club Estates

Stats & Trends

Median Asking:

$432,500

Sale Price/ft²

$170

Above Asking

0.00%

Average Days on Market

34

Average Home Size

2588 ft²

Average Home Age

42.2 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 5366 Sequoia Court, Gurnee, IL, 60031

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 2,241 ft²
5366 Sequoia Court, Gurnee, IL, 60031 Listing by Marina Camenschi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tamara Verdin, Prello Realty
Data Source: MRED, MLS# MRD12282974
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 3150 Midlane Drive built and last sold?
The property at 3150 Midlane Drive was built in 1991 and last sold on May 5, 2020 for $190,000.
How much is this home worth?
The estimated value of the home located at 3150 Midlane Drive is $0.
What are some comparable homes to 3150 Midlane Drive?
There are currently no comparable homes to 3150 Midlane Drive.
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