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Gurnee 60031 Villa Crest
3852 Drexel Avenue
$235,000
● House - Off Market

3852 Drexel Avenue

Gurnee, IL 60031
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$284,343
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Stop looking, this is the one! Welcome to this ranch home on a dead-end street with an extra large lot! This 4-bedroom, 2 full baths, and oversized 2-car garage home will check all your boxes: living room with bay window and hardwood floors. Large primary bedroom with dual closets & ceiling fans throughout. Newer hot water heater and AC, vinyl siding and garage door opener.  Abundant closet space for storage, brand new screen doors, an adorable sun room. Beautifully landscaped! You will not find another one like it. Located near downtown Gurnee. GURNEE SCHOOLS! Close to shopping and Six Flags. Near conservation, trails, park and bike paths. Be prepared to fall in love at first sight.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$175
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1949

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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 #11236891)

Price History

Date / Event Date Event Price
Nov 24, 2021 Sold
Premium
Sold
Oct 4, 2021 Listed by Baird & Warner $255,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,499
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,456
  • Gross Building Area: 1,552
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLA CREST
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VILLA CREST LOTS 25 & 26

Neighborhood

  • School District Name: Gurnee School District 56
  • Census Tract: 861510

Geography

  • District: WARREN
  • Parcel: 07-24-106-013
  • Lot: 25,26
  • Municipality: TWP OF WARREN
  • Latitude: 42.37
  • Longitude: -87.8968

    Address

  • Full Address: 3852 Drexel Ave
  • Address - House Number: 3852
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Gurnee
  • Carrier Code: C006
  • 4-Digit Zip Code: 2857
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $528,302
  • Tax Rate Code Area: 8001

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 272,836
  • High Value: 322,021
  • Low Value: 223,652

    Market Valuation

  • Market Total Value: $188,977
  • Market Land Value: $37,801
  • Market Improvement Value: $151,176

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,986
  • Assessed Land Value: $12,599
  • Assessed Improvements Value: $50,387

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Jan 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7865775
  • Previous Sale Recording Date: Oct 17, 2007
  • Previous Sale Contract Date: Oct 12, 2007
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: 71
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 Villa Crest

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

88

Average Home Size

0 ft²

Average Home Age

74 years

Currently For Sale

0 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: Debra Schlude, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11236891
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 3852 Drexel Avenue built and last sold?
The property at 3852 Drexel Avenue was built in 1949 and last sold on Nov 23, 2021 for $235,000.
How much is this home worth?
The estimated value of the home located at 3852 Drexel Avenue is $0.
What are some comparable homes to 3852 Drexel Avenue?
There are currently no comparable homes to 3852 Drexel Avenue.
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