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Lake 60041 Hilldale Manor on Redhead Lake
35097 N Edgewater Lane
$187,000
● House - Off Market

35097 N Edgewater Lane

Ingleside, IL 60041
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$202,268
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Move right into this nice three bedroom ranch in Hilldale manor with views and water rights to Redhead Lake and the chain. Brand new stove and refrigerator, much else replaced in last few years. Open floor plan with vaulted ceilings. Come take a look and be in your home by the holidays!
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$152
Property Type
House
Property Taxes
$339
HOA Dues
$8
Year Built
1957

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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 #11277694)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Nov 29, 2021 Listed by Lakes Realty Group $187,000
Listed by Lakes Realty Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • 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: 264
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,948
  • Total Building Area: 1,496
  • Gross Building Area: 1,496
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLDALE MANOR ON REDHEAD LAKE
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HILLDALE MANOR ON REDHEAD LAKE LOT 16 BLOCK 5

Neighborhood

  • School District Name: Big Hollow School District 38
  • Census Tract: 860908

Geography

  • Assessors Map Reference: 2473-A6
  • District: GRANT
  • Parcel: 05-15-316-008
  • Block: 5
  • Lot: 16
  • Municipality: TWP OF GRANT
  • Latitude: 42.3738
  • Longitude: -88.176

    Address

  • Full Address: 35097 N Edgewater Ln
  • Address - House Number: 35097
  • Street Direction: N
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Ingleside
  • Carrier Code: R083
  • 4-Digit Zip Code: 8732
  • Zip Code: 60041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $417,946
  • Tax Rate Code Area: 6011

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 239,713
  • High Value: 284,290
  • Low Value: 195,135

    Market Valuation

  • Market Total Value: $184,882
  • Market Land Value: $38,263
  • Market Improvement Value: $146,619

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,621
  • Assessed Land Value: $12,753
  • Assessed Improvements Value: $48,868

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 19, 2022
  • Current Sale Recording Date: Feb 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7876547
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 Hilldale Manor on Redhead Lake

Stats & Trends

Median Asking:

$299,950

Sale Price/ft²

$247

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1184 ft²

Average Home Age

49 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 108 Telluride Lane, Volo, IL, 60020

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,170 ft²
108 Telluride Lane, Volo, IL, 60020 Listing by Samantha Kalamaras
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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brian Jensen, Lakes Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11277694
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 35097 North Edgewater Lane built and last sold?
The property at 35097 North Edgewater Lane was built in 1957 and last sold on Jan 19, 2022 for $187,000.
How much is this home worth?
The estimated value of the home located at 35097 North Edgewater Lane is $0.
What are some comparable homes to 35097 North Edgewater Lane?
There are currently no comparable homes to 35097 North Edgewater Lane.
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