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Gages Lake 60030 Wildwood on Gages Lake
32975 N WAYSIDE Place
$157,000
● House - Off Market

32975 N WAYSIDE Place

GRAYSLAKE, IL 60030
bedrooms
3 Beds
bathrooms
1 Bath
$239,411
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

SHORT SALE!! INVESTORS & REHABBERS NEEDS TLC, BUT HAS POTENTIAL.  HARDWOOD FLOORS UNDER CARPETING, LARGE LOT, CUL-DE-SAC LOCATION, FENCED BACKYARD, 2.5 CAR GARAGE, LAKE RIGHTS.  SOLD AS-IS.  PLEASE ALLOW TIME FOR LENDER APPROVAL.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1958

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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: 2 years ago (MRED MLS #06412694)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Sep 24, 2021 Listed by Keller Williams Premiere Properties $219,900
Listed by Keller Williams Premiere Properties
The perfect ranch home you have been looking for is now available! Extremely well maintained with modern finishes! Large addition brings extra living area with spacious family room and master bedroom with his and hers closets. Open kitchen has white cabinetry, Frigidaire stainless steel appliances and closet pantry. Laundry room features Samsung washer and dryer, utility sink and storage. Crawl space has newer sump pump (2020) and water proofed by Perma-Seal (Dec. 2020). Fenced yard includes large patio. Enjoy the benefits of Sunrun Brightsave solar panels! Quick access to main roads with restaurants and shopping!
Oct 13, 2017 Sold
Premium
Sold
Sep 6, 2017 Listed by Real Property Pros Inc. $189,900
Listed by Real Property Pros Inc.
Gorgeous rehabbed home. Beautiful wood floors. Brand new kitchen (2017) New white appliances to be installed. Wonderful size laundry room. Large master bedroom with two closets. Huge family room. New bath (2017). Newer siding, newer roof with insulation blown in. New windows, plumbing & electric. New HVAC (2017). Some items still in process to complete finishing touches and freshening up. Please excuse the dust. Great cul-de-sac location. Large lot. 2 car garage. Enjoy many community amenities. * * * * MORE PICTURES FORTHCOMING * * * *
May 15, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 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: 10,093
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILDWOOD ON GAGES LAKEUNIT NO. 2
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WILDWOOD ON GAGES LAKEUNIT NO. 2 LOT 7 BLOCK 4

Neighborhood

  • School District Name: Woodland Community Consolidated School District 50
  • Census Tract: 861607

Geography

  • District: WARREN
  • Parcel: 07-31-102-015
  • Block: 4
  • Lot: 7
  • Municipality: TWP OF WARREN
  • Latitude: 42.342
  • Longitude: -87.9953

    Address

  • Full Address: 32975 N Wayside Pl
  • Legal Unit: 2
  • Address - House Number: 32975
  • Street Direction: N
  • Address - Street Name: Wayside
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Grayslake
  • Carrier Code: C006
  • 4-Digit Zip Code: 2272
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548,096
  • Tax Rate Code Area: 8069

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 257,609
  • High Value: 301,686
  • Low Value: 213,531

    Market Valuation

  • Market Total Value: $195,620
  • Market Land Value: $38,356
  • Market Improvement Value: $157,264

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,200
  • Assessed Land Value: $12,784
  • Assessed Improvements Value: $52,416

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7853818
  • Previous Sale Recording Date: Nov 01, 2017
  • Previous Sale Contract Date: Oct 17, 2017
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Wildwood on Gages Lake

Stats & Trends

Median Asking:

$372,450

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

34

Average Home Size

1994 ft²

Average Home Age

50.3 years

Currently For Sale

9 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 1109 Blackburn Drive, Grayslake, IL, 60030

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,672 ft²
1109 Blackburn Drive, Grayslake, IL, 60030 Listing by Zivile Pitkiene
Unit for rent at 1059 Ellsworth Drive, Grayslake, IL, 60030

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,494 ft²
1059 Ellsworth Drive, Grayslake, IL, 60030 Listing by Vijay Ghuge

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , R.E.I.T. Homes
Last Updated: 2 years ago
Data Source: MRED, MLS# 06412694
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 32975 North Wayside Place built and last sold?
The property at 32975 North Wayside Place was built in 1958 and last sold on Oct 27, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 32975 North Wayside Place is $226,306.
What are some comparable homes to 32975 North Wayside Place?
There are currently no comparable homes to 32975 North Wayside Place.
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