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Lake Forest 60045
321 Noble Avenue
$370,000
● House - Off Market

321 Noble Avenue

Lake Forest, IL 60045
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$358,020
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Sold while in the PLN. Charming English cottage in fabulous East Lake Forest location! This adorable 2 bedroom, 1 bathroom home features hardwood floors, 9-foot ceilings with crown moldings, an eat-in kitchen, living room, and heated front and back porches. Full unfinished basement with ample storage. Private, fully fenced yard with paver patio and perennial garden.  Outstanding location just steps from LFHS, and close to Metra, downtown shopping district, and Lake Michigan beach.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$359
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1940

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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 #11772189)

Price History

Date / Event Date Event Price
Jul 7, 2023 Sold
Premium
Sold
Jun 1, 2023 Listed by @properties Christie's International Real Estate $359,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 812
  • Garage Type: 4
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 1,819
  • Gross Building Area: 1,819
  • Building Area: 1,007
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,007
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHAS L HARDER JRS SUBDN
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: CHAS L HARDER JRS SUBDN W 65 FT LOTS 1 & LOT 2 BLOCK 2

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 863400

Geography

  • Assessors Map Reference: 2650-A1
  • District: SHIELDS
  • Parcel: 12-28-110-016
  • Block: 2
  • Lot: 1,2
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2626
  • Longitude: -87.8392

    Address

  • Full Address: 321 Noble Ave
  • Address - House Number: 321
  • Address - Street Name: Noble
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C010
  • 4-Digit Zip Code: 1333
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548,174
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 385,701
  • High Value: 445,629
  • Low Value: 325,773

    Market Valuation

  • Market Total Value: $328,230
  • Market Land Value: $221,020
  • Market Improvement Value: $107,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,399
  • Assessed Land Value: $73,666
  • Assessed Improvements Value: $35,733

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7986865
  • Previous Sale Recording Date: Jul 26, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $345,000
  • 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 Lake Forest

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$402

Below Asking

0.01%

Average Days on Market

50

Average Home Size

5705 ft²

Average Home Age

41.3 years

Currently For Sale

55 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: Samantha Trace, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11772189
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 321 Noble Avenue built and last sold?
The property at 321 Noble Avenue was built in 1940 and last sold on Jun 29, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 321 Noble Avenue is $0.
What are some comparable homes to 321 Noble Avenue?
There are currently no comparable homes to 321 Noble Avenue.
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