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McHenry 60071 Thornhill Estates
3627 Overlook Drive
$270,000
● House - Off Market

3627 Overlook Drive

Richmond, IL 60071
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$238,556
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Enjoy relaxed living in the middle of nature! This unique home is surrounded by mature trees, creating loads of privacy on an acre lot, in the quiet dead-end subdivision, of Thornhill Estates. Location is fantastic, a short walk up the road to twin lakes! This second owner hates to leave this well cared for home. 2300 sq ft of living space in this spacious 3bedroom/2 bath tri-level with large 2 car attached garage.  Updated mechanicals & newer roof. Amazing Richmond school district! Great opportunity to become part of the wonderful Richmond community. With some finishing touches, this house will be a wonderful home for years to come!
Unit Size
2,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$104
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1980

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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 #11840383)

Price History

Date / Event Date Event Price
Aug 30, 2023 Sold
Premium
Sold
Jul 26, 2023 Listed by @properties Christie's International Real Estate $239,900
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 8
  • Basement Area: 1,367
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,462
  • Total Building Area: 3,401
  • Building Area: 2,034
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,034
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THORNHILL ESTS
  • Land Acres: 0000000860
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2007R0035035 LT 15 THORNHILL ESTS

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870104

Geography

  • Parcel: 04-02-376-011
  • Block: 376
  • Lot: 15
  • Municipality: RICHMOND TWP
  • Latitude: 42.49
  • Longitude: -88.2692

    Address

  • Full Address: 3627 Overlook Dr
  • Address - House Number: 3627
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Richmond
  • Carrier Code: R002
  • 4-Digit Zip Code: 9669
  • Zip Code: 60071

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $515,468
  • Tax Rate Code Area: 04002

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 293,358
  • High Value: 344,382
  • Low Value: 242,334

    Market Valuation

  • Market Total Value: $217,401
  • Market Land Value: $57,183
  • Market Improvement Value: $160,218

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,467
  • Assessed Land Value: $19,061
  • Assessed Improvements Value: $53,406

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Sep 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23620
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 Thornhill Estates

Stats & Trends

Median Asking:

$624,000

Sale Price/ft²

$227

Above Asking

0.00%

Average Days on Market

52

Average Home Size

4954 ft²

Average Home Age

23 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

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MRED

Listed by: Bianca Solum, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11840383
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 3627 Overlook Drive built and last sold?
The property at 3627 Overlook Drive was built in 1980 and last sold on Aug 28, 2023 for $270,000.
How much is this home worth?
The estimated value of the home located at 3627 Overlook Drive is $0.
What are some comparable homes to 3627 Overlook Drive?
There are currently no comparable homes to 3627 Overlook Drive.
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