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Waukegan 60087 Beach View Highlands
3217 Cornell Road
$254,000
● House - Off Market

3217 Cornell Road

Waukegan, IL 60087
bedrooms
3 Beds
bathrooms
1 Bath
$275,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Don't miss this opportunity!! Outstanding raised ranch is located in quiet area, close to shopping and school, ready for next owner!! Home features: 3 bedrooms, 1 bath, stubbed bath in basement, basement  just waiting for your finishing touches, more bedrooms, family room, your choice! Home has been freshly painted and has new carpet. Deck overlooks large back yard, double lot!! CHECK OUT THIS, driveway is  30' wide, 3 car, by 46" deep, CONCRETE, additionally GARAGE is  oversize, 26' x 22' deep, FRENCH DRAIN, walk down to your DRY basement!! Just so  many possibilitys, your choice!!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1987

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11889977)

Price History

Date / Event Date Event Price
Nov 7, 2023 Sold
Premium
Sold
Sep 20, 2023 Listed by Results Realty USA $275,000
Listed by Results Realty USA

Property Highlights

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 696
  • Parking Space Count: 3
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,317
  • Total Building Area: 1,690
  • Gross Building Area: 1,690
  • Building Area: 994
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 994
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLDMANS BEACH VIEW HIGHLANDS
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: GOLDMANS BEACH VIEW HIGHLANDS; LT 16 & S30 LT 17 BLOCK 13

Neighborhood

  • School District Name: Waukegan Community Unit School District 60
  • Census Tract: 861803

Geography

  • Assessors Map Reference: 2479-E1
  • District: WAUKEGAN
  • Parcel: 08-05-207-028
  • Block: 13
  • Lot: 16,17
  • Municipality: TWP OF WAUKEGAN
  • Latitude: 42.411
  • Longitude: -87.8523

    Address

  • Full Address: 3217 Cornell Rd
  • Address - House Number: 3217
  • Address - Street Name: Cornell
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Waukegan
  • Carrier Code: R002
  • 4-Digit Zip Code: 2204
  • Zip Code: 60087

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $177,328
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 9012

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 257,484
  • High Value: 305,367
  • Low Value: 209,602

    Market Valuation

  • Market Total Value: $199,397
  • Market Land Value: $28,293
  • Market Improvement Value: $171,104

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,459
  • Assessed Land Value: $9,430
  • Assessed Improvements Value: $57,029

    Sales

  • Current Sale Contract Date: Nov 01, 2023
  • Current Sale Recording Date: Nov 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 28
  • Current Sale Input Document Number: 8005431
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 Beach View Highlands

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1013 ft²

Average Home Age

61.5 years

Currently For Sale

2 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 1706 North Avenue, Waukegan, IL, 60085

$2,490 /mo

  • 3 Beds
  • 1 Bath
  • 875 ft²
1706 North Avenue, Waukegan, IL, 60085 Listing by Maria Ovallos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Larry Rabel, Results Realty USA
Last Updated: 3 years ago
Data Source: MRED, MLS# 11889977
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 3217 Cornell Road built and last sold?
The property at 3217 Cornell Road was built in 1987 and last sold on Nov 1, 2023 for $254,000.
How much is this home worth?
The estimated value of the home located at 3217 Cornell Road is $0.
What are some comparable homes to 3217 Cornell Road?
There are currently no comparable homes to 3217 Cornell Road.
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