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Highland Park 60035 Ravinia Dells
327 Lambert Tree Avenue
$500,000
● House - Off Market

327 Lambert Tree Avenue

Highland Park, IL 60035
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,776 Ft²
$504,784
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Charming brick colonial built in 1941.  While retaining some of the character of the 1940's, you will also enjoy the beautiful, newer custom kitchen with white cabinets, quartz counters, farm sink and bay window.  The second floor bath has also been remodeled, and a stackable washer/dryer has been added for convenience.  The primary bedroom has a generous walk in closet and access to sundeck overlooking the back yard.  In addition to the 2 family bedrooms, there is additional  office space on the second floor.  The large basement is finished for use as a play room or entertainment.  Across the street from Ravinia Park, close to award winning Braeside School, transportation and shopping.
Unit Size
1,776 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$281
Property Type
House
Property Taxes
$993
HOA Dues
-
Year Built
1941

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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 #11322070)

Price History

Date / Event Date Event Price
Jun 1, 2022 Sold
Premium
Sold
Feb 10, 2022 Listed by @properties Christie's International Real Estate $499,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • 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: 888
  • Garage Type: 4
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 2,664
  • Gross Building Area: 2,790
  • Building Area: 1,776
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,776
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAVINIA DELLS
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RAVINIA DELLS LOT 16

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 865600

Geography

  • Assessors Map Reference: 2758-C1
  • District: MORAINE
  • Parcel: 16-36-215-009
  • Lot: 16
  • Municipality: TWP OF MORAINE
  • Latitude: 42.16
  • Longitude: -87.7738

    Address

  • Full Address: 327 Lambert Tree Ave
  • Address - House Number: 327
  • Address - Street Name: Lambert Tree
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Highland Park
  • Carrier Code: C006
  • 4-Digit Zip Code: 5221
  • Zip Code: 60035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,291,124
  • Tax Rate Code Area: 18007

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 649,941
  • High Value: 753,769
  • Low Value: 546,113

    Market Valuation

  • Market Total Value: $492,085
  • Market Land Value: $209,736
  • Market Improvement Value: $282,349

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,012
  • Assessed Land Value: $69,905
  • Assessed Improvements Value: $94,107

    Sales

  • Current Sale Contract Date: May 18, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7917902
  • Previous Sale Recording Date: Jul 21, 2011
  • Previous Sale Contract Date: Jun 22, 2011
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 27
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 Ravinia Dells

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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MRED

Listed by: Sandra Werner, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11322070
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 327 Lambert Tree Avenue built and last sold?
The property at 327 Lambert Tree Avenue was built in 1941 and last sold on May 18, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 327 Lambert Tree Avenue is $503,990.
What are some comparable homes to 327 Lambert Tree Avenue?
There are currently no comparable homes to 327 Lambert Tree Avenue.
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