For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Waukegan 60087 Timber Ridge
3425 Stonegate Road
$224,900
● House - Off Market

3425 Stonegate Road

Waukegan, IL 60087
bedrooms
3 Beds
bathrooms
1 Bath
square feet
936 Ft²
$1,317
Est. Monthly
12.35%
Cap Rate

About This Property

This well-maintained 3 bedroom 1 bath brick and aluminum-sided home with finished basement and 1 car attached garage is an exceptional value! The home features a large deck that overlooks a private backyard. Recent updates include new driveway (2014), laminate floors (2015), furnace (2018), air conditioner (2019), water softener and drinking water filter (2021), washer and dryer (2018), roof and windows were replaced about 10 years ago. Bathroom has also been updated. This terrific home is located in a great neighborhood, and is sure to go quickly! Schedule your showing today!
Unit Size
936 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$235
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1963

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11922271)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold
Premium
Sold
Nov 3, 2023 Listed by RE/MAX Suburban $219,900
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,102
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER RIDGE UNIT 1
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: TIMBER RIDGE UNIT 1 LOT 5 BLOCK 5

Neighborhood

  • School District Name: Waukegan Community Unit School District 60
  • Census Tract: 860400

Geography

  • Assessors Map Reference: 2479-D1
  • District: BENTON
  • Parcel: 04-32-310-011
  • Block: 5
  • Lot: 5
  • Municipality: TWP OF BENTON
  • Latitude: 42.415
  • Longitude: -87.8555

    Address

  • Full Address: 3425 Stonegate Rd
  • Legal Unit: 1
  • Address - House Number: 3425
  • Address - Street Name: Stonegate
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Waukegan
  • Carrier Code: C047
  • 4-Digit Zip Code: 1410
  • Zip Code: 60087

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $284,094
  • Tax Rate Code Area: 1014

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 214,175
  • High Value: 253,761
  • Low Value: 174,589

    Market Valuation

  • Market Total Value: $158,422
  • Market Land Value: $19,028
  • Market Improvement Value: $139,394

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,802
  • Assessed Land Value: $6,342
  • Assessed Improvements Value: $46,460

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8012197
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 Timber Ridge

Stats & Trends

Median Asking:

$309,000

Sale Price/ft²

$239

Below Asking

0.01%

Average Days on Market

29

Average Home Size

1373 ft²

Average Home Age

60.2 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

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: Scott Paul, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11922271
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 3425 Stonegate Road built and last sold?
The property at 3425 Stonegate Road was built in 1963 and last sold on Dec 19, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 3425 Stonegate Road is $0.
What are some comparable homes to 3425 Stonegate Road?
There are currently no comparable homes to 3425 Stonegate Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Waukegan Homes for Sale
Waukegan Houses for Sale
Waukegan Condos for Sale
Waukegan Townhouses for Sale
Waukegan Multifamily for Sale
Waukegan Land for Sale
Waukegan Commercial for Sale
Waukegan Homes with Basements
Nearby Cities
Gurnee Homes for Sale
Mundelein Homes for Sale
Vernon Hills Homes for Sale
Zion Homes for Sale
Grayslake Homes for Sale
Round Lake Beach Homes for Sale
Libertyville Homes for Sale
Lake Forest Homes for Sale
Nearby Property Records
Lake County, IL Property Records
Kenosha County, WI Property Records
McHenry County, IL Property Records
Racine County, WI Property Records
Kane County, IL Property Records
Walworth County, WI Property Records
DuPage County, IL Property Records
Cook County, IL Property Records
Neighborhoods
Wildwood on Gages Lake Real Estate
Village of Lake Bluff Real Estate
Heatherstone Real Estate
Marquette Highlands Real Estate
Shore Acres Real Estate
Washburn Park Real Estate
Sheridan Road Park Real Estate
Countryside Real Estate
Nearby Counties
Vernon Homes for Sale
Warren Homes for Sale
Avon Homes for Sale
Ela Homes for Sale
Libertyville Homes for Sale
Antioch Homes for Sale
Lake Villa Homes for Sale
Fremont Homes for Sale
Top Real Estate Agents
Top Agents in Timber Ridge
Top Agents in Waukegan
Top Agents in Vernon
Top Agents in Warren
Top Agents in Avon
Top Agents in 60073
Top Agents in Ela
Top Agents in 60047