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Lake 60041 Crocketts Estate
34955 N Park Drive
$78,000
● House - Off Market

34955 N Park Drive

INGLESIDE, IL 60041
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,304 Ft²
$196,817
RealtyHop Estimate
131.55%
Since Jan 1, 2012
National-US
Primary Model

About This Property

BANK OWNED PROPERTY SOLD AS-IS. SELLER OFFERING 3% CLOSING COST CREDIT! GREAT LOCATION ON A ATTRACTIVE WOODED DOUBLE LOT (2nd PIN 05-21-104-007. TAXES & LOT SIZE IN MLS REFLECT BOTH LOTS). ADJACENT TO CHANNEL ON CHAIN O'LAKES .  ATTACHED & DETACHED GARAGE. GREAT OPPORTUNITY. NO SURVEY OR DISCLOSURES PROVIDED. TAXES 100%.  POF/PREQUAL REQUIRED. 3% EARNEST MONEY IN CERTIFIED FUNDS...INFORMATION IS NOT GUARANTEED
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$65
Property Type
House
Property Taxes
$400
HOA Dues
$10
Year Built
1951

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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 #07660248)

Price History

Date / Event Date Event Price
Aug 25, 2023 Sold
Premium
Sold
Jul 14, 2023 Listed by @properties Christie's International Real Estate $275,000
Listed by @properties Christie's International Real Estate
Make this Chain O' Lakes property your summer home or your primary residence; either way, this expanded ranch offers 1579 sf of move-in ready accommodation! The kitchen has ample countertop space to spread out and opens to the Great Room and eat-in area. The kitchen features granite countertops and newer ss appliances. Fresh coat of paint throughout! Home is located adjacent to the Chain O' Lakes channel on a quiet, dead-end street. The home sits high and dry, not in a flood zone - no flood insurance required. Huge double lot... the backyard features include a deck, a paver patio, a fenced-in garden and a fire pit, and there's still plenty of room to spare! HOA has a private boat launch and a park with children's playground.
Dec 9, 2011 Sold
Premium
Sold
Oct 19, 2010 Listed by RE/MAX Suburban $85,000
Listed by RE/MAX Suburban

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 275
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,102
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,579
  • Gross Building Area: 1,579
  • Building Area: 1,304
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 0
  • Heated Square Feet: 1,304
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHAIN-O-LAKES PARK
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: CHAIN-O-LAKES PARK LOT 15 BLOCK 1

Neighborhood

  • School District Name: Big Hollow School District 38
  • Census Tract: 860907

Geography

  • District: GRANT
  • Parcel: 05-21-104-006
  • Block: 1
  • Lot: 15
  • Municipality: TWP OF GRANT
  • Latitude: 42.3717
  • Longitude: -88.1898

    Address

  • Full Address: 34955 N Park Dr
  • Address - House Number: 34955
  • Street Direction: N
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ingleside
  • Carrier Code: R083
  • 4-Digit Zip Code: 9485
  • Zip Code: 60041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $419,486
  • Tax Rate Code Area: 6011

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 234,958
  • High Value: 275,448
  • Low Value: 194,468

    Market Valuation

  • Market Total Value: $159,625
  • Market Land Value: $22,859
  • Market Improvement Value: $136,766

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,203
  • Assessed Land Value: $7,619
  • Assessed Improvements Value: $45,584

    Sales

  • Current Sale Contract Date: Aug 16, 2023
  • Current Sale Recording Date: Sep 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7995676
  • Previous Sale Recording Date: Mar 27, 2012
  • Previous Sale Contract Date: Nov 08, 2011
  • Previous Sale Document Type: 64
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 Crocketts Estate

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

40

Average Home Size

762 ft²

Average Home Age

91 years

Currently For Sale

1 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 341 Red Oak Circle, Volo, IL, 60020

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,767 ft²
341 Red Oak Circle, Volo, IL, 60020 Listing by Alice Scifo
Unit for rent at 206 Terra Firma Lane, Volo, IL, 60020

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,541 ft²
206 Terra Firma Lane, Volo, IL, 60020 Listing by Jorge Hurtado

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Eric Egeland, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 07660248
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 34955 North Park Drive built and last sold?
The property at 34955 North Park Drive was built in 1951 and last sold on Aug 16, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 34955 North Park Drive is $0.
What are some comparable homes to 34955 North Park Drive?
There are currently no comparable homes to 34955 North Park Drive.
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