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Wauconda 60084 Hubbard Woods
323 George Avenue
$224,900
● House - Off Market

323 George Avenue

Wauconda, IL 60084
bedrooms
2 Beds
bathrooms
1 Bath
square feet
848 Ft²
$1,427
Est. Monthly
9.35%
Cap Rate

About This Property

Peace and tranquility is what you feel when you approach this house. This cute ranch style home has 2 bedrooms/ 1 bath and  sits on a quarter of an acre at the end of a dead end street. Home features include:  Hardwood floors throughout, Updated bathroom, Eat in kitchen, Large 2 car detached garage and an oversized Fully fenced in and landscaped yard. This is perfect to live in or rent out!  Close to shopping, restaurants, Bangs Lake and all that downtown Wauconda has to offer.
Unit Size
848 Ft²
Days on Market
-
Land Size
-
Price per sqft
$265
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1950

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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 #12140306)

Price History

Date / Event Date Event Price
Sep 18, 2024 Sold
Premium
Sold
Aug 23, 2024 In contract -
In contract
Aug 17, 2024 Listed by Vylla Home $224,900
Listed by Vylla Home

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • 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: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,964
  • Total Building Area: 848
  • Gross Building Area: 848
  • Building Area: 848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 848
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HUBBARD WOODS UNIT NO.2
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HUBBARD WOODS UNIT NO.2 LOT 78

Neighborhood

  • School District Name: Wauconda Community Unit School District 118
  • Census Tract: 864208

Geography

  • Assessors Map Reference: 2587-D7
  • District: WAUCONDA
  • Parcel: 09-26-201-006
  • Lot: 78
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.2651
  • Longitude: -88.1496

    Address

  • Full Address: 323 George Ave
  • Legal Unit: 2
  • Address - House Number: 323
  • Address - Street Name: George
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Wauconda
  • Carrier Code: C007
  • 4-Digit Zip Code: 1725
  • Zip Code: 60084

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $386,128
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 13041

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 204,613
  • High Value: 243,023
  • Low Value: 166,202

    Market Valuation

  • Market Total Value: $135,923
  • Market Land Value: $49,097
  • Market Improvement Value: $86,826

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,303
  • Assessed Land Value: $16,364
  • Assessed Improvements Value: $28,939

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2003
  • Current Sale Recording Date: Apr 21, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5194573
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 Hubbard Woods

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$209

Above Asking

0.00%

Average Days on Market

44

Average Home Size

1643 ft²

Average Home Age

64.5 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

Rentals Near You

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MRED

Listed by: Melanie Croft, Vylla Home
Last Updated: 3 years ago
Data Source: MRED, MLS# 12140306
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 323 George Avenue built and last sold?
The property at 323 George Avenue was built in 1950 and last sold on Feb 21, 2003 for $152,000.
How much is this home worth?
The estimated value of the home located at 323 George Avenue is $0.
What are some comparable homes to 323 George Avenue?
There are currently no comparable homes to 323 George Avenue.
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