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Round Lake 60073 Madrona Village
367 W WINCHESTER Drive
$310,000
● House - Off Market

367 W WINCHESTER Drive

Round Lake, IL 60073
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,940 Ft²
$303,780
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

New kid on the block in Madrona Village! You will not lose vitamin D in this sun drenched home!  Show off your culinary skills in the huge Chef's kitchen.  Master suite boasts expansive space and organized walk in closet.  Enormous 4th bedroom can double as an office for remote working/learning or playroom. 2nd floor washer/dryer make doing laundry more palatable. Updates include: AC (2021), DW (2021), Closet doors (2021), Stove (2021), Sump pump (2019), W/D (2017), Water heater (2017), Fridge (2016/2017).  Just steps to school and park.  Nothing to do but move in-welcome home!  MULTIPLE OFFERS - highest and best due by 5PM on Friday, January 21,2022
Unit Size
1,940 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$152
Property Type
House
Property Taxes
$778
HOA Dues
$30
Year Built
2005

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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 #11306487)

Price History

Date / Event Date Event Price
Mar 7, 2022 Sold
Premium
Sold
Jan 18, 2022 Listed by Berkshire Hathaway HomeServices Chicago $294,999
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 844
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,645
  • Total Building Area: 3,322
  • Gross Building Area: 3,322
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MADRONA RIDGE UNIT 1
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: MADRONA RIDGE UNIT 1;LOT 464

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861402

Geography

  • District: AVON
  • Parcel: 06-32-401-029
  • Lot: 464
  • Municipality: TWP OF AVON
  • Latitude: 42.3349
  • Longitude: -88.0918

    Address

  • Full Address: 367 W Winchester Dr
  • Legal Unit: 1
  • Address - House Number: 367
  • Street Direction: W
  • Address - Street Name: Winchester
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Round Lake
  • Carrier Code: R011
  • 4-Digit Zip Code: 5705
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,051,914
  • Tax Rate Code Area: 7136

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 343,734
  • High Value: 416,604
  • Low Value: 270,863

    Market Valuation

  • Market Total Value: $281,335
  • Market Land Value: $42,967
  • Market Improvement Value: $238,368

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,769
  • Assessed Land Value: $14,321
  • Assessed Improvements Value: $79,448

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Mar 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7889088
  • Previous Sale Recording Date: May 11, 2015
  • Previous Sale Contract Date: Apr 30, 2015
  • Previous Sale Amount: $189,900
  • Previous Sale Document Type: 68
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 Madrona Village

Stats & Trends

Median Asking:

$279,950

Sale Price/ft²

$179

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1842 ft²

Average Home Age

22.3 years

Currently For Sale

4 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 771 S Sienna Drive, Round Lake, IL, 60073

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,645 ft²
771 S Sienna Drive, Round Lake, IL, 60073 Listing by Jill Schwartz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jenny Spiggos, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11306487
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 367 West Winchester Drive built and last sold?
The property at 367 West Winchester Drive was built in 2005 and last sold on Feb 4, 2022 for $310,000.
How much is this home worth?
The estimated value of the home located at 367 West Winchester Drive is $0.
What are some comparable homes to 367 West Winchester Drive?
There are currently no comparable homes to 367 West Winchester Drive.
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