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Lake 60081
38178 4th Avenue
$122,000
● House - Off Market

38178 4th Avenue

SPRING GROVE, IL 60081
bedrooms
4 Beds
bathrooms
2 Baths
$226,743
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Great opportunity for the handy person. Needs work. Could be 4 or 5 Br. Nice sized yard, 2 car garage. Bring your decorating ideas. Property sold as is. Buyer responsible for survey. Seller does not provide well or septic tests. Taxes pro-rated at 100%. Pre-qual or proof of funds needed to submit offer. Earnest money in certified funds. Addendums will generate after offer. Submit Highest & Best offers.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
-

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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.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 728
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J.L. SHAWS 2ND SUBDN
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: J.L. SHAWS 2ND SUBDN ON FOX LAKE LOT 146

Neighborhood

  • Census Tract: 860807

Geography

  • Assessors Map Reference: 2415-B7
  • Parcel: 01-34-323-016
  • Lot: 146
  • Municipality: TWP OF ANTIOCH
  • Latitude: 42.4182
  • Longitude: -88.1763

    Address

  • Full Address: 38178 N 4th Ave
  • Address - House Number: 38178
  • Street Direction: N
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Spring Grove
  • Carrier Code: R002
  • 4-Digit Zip Code: 9339
  • Zip Code: 60081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $46,078
  • Tax Rate Code Area: 4003

    Market Valuation

  • Market Total Value: $16,183
  • Market Land Value: $4,596
  • Market Improvement Value: $11,587

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,394
  • Assessed Land Value: $1,532
  • Assessed Improvements Value: $3,862

    Sales

  • Current Sale Contract Date: Jul 22, 2010
  • Current Sale Recording Date: Sep 23, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6648711
  • Previous Sale Recording Date: Aug 21, 2008
  • Previous Sale Contract Date: Jul 10, 2008
  • Previous Sale Amount: $122,000
  • 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 Lake

Stats & Trends

Median Asking:

$424,900

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2627 ft²

Average Home Age

42.5 years

Currently For Sale

1265 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 707 Kingston Boulevard, McHenry, IL, 60050

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,343 ft²
707 Kingston Boulevard, McHenry, IL, 60050 Listing by Stephanie Liscomb
Unit for rent at 6 N Pistakee Lake Road, Fox Lake, IL, 60020

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
6 N Pistakee Lake Road, Fox Lake, IL, 60020 Listing by Bryan Shaughnessy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Glenn Gallico, TNT Realty, Inc.
Data Source: MRED, MLS# MRD06929829
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 38178 North 4th Avenue built and last sold?
The property at 38178 North 4th Avenue was built in and last sold on Jul 22, 2010 for $199,000.
How much is this home worth?
The estimated value of the home located at 38178 North 4th Avenue is $121,099.
What are some comparable homes to 38178 North 4th Avenue?
There are currently no comparable homes to 38178 North 4th Avenue.
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