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Beach Park 60083 Heatherstone
39176 Welsh Lane
$239,000
● House - Off Market

39176 Welsh Lane

Beach Park, IL 60083
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,318 Ft²
$1,858
Est. Monthly
$213
HOA / Fees
7.15%
Cap Rate

About This Property

Welcome to this charming 2-bedroom, 2 and a half bath townhome in Beach Park, just off Wadsworth and Green Bay. Freshly painted with brand-new carpet, this home features brand new appliances, and a 2023 water heater for peace of mind. Enjoy a convenient location near parks, trails, and beautiful Lake Michigan, with easy access to the highway, nearby shopping and dining. Come make it your own!
Unit Size
1,318 Ft²
Days on Market
-
Land Size
-
Price per sqft
$178
Property Type
House
Property Taxes
$491
HOA Dues
$213
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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36
  • Total Building Area: 1,802
  • Gross Building Area: 1,802
  • Building Area: 1,318
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,318
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMBRIDGE AT HEATHERSTONE-WHEELER PARCEL
  • Land Acres: 0000000001
  • Standard Land Use Code: 1004
  • County Land Use Code: 40
  • Legal Description 1: CAMBRIDGE AT HEATHERSTONE-WHEELER PARCEL SUB; UNIT 556-3 & .329% INT OF COMMON ELEMENTS IN CAMBRIDGE AT HEATHERSTONE CO NDOMINIUM PER DOC 5996295, 6056809, 6102764,6244973 PT LOT 5

Neighborhood

  • School District Name: Zion-Benton Township High School District 126
  • Census Tract: 860400

Geography

  • Assessors Map Reference: 2421-B6
  • District: BENTON
  • Parcel: 04-30-306-195
  • Lot: 5
  • Municipality: TWP OF BENTON
  • Latitude: 42.43
  • Longitude: -87.8811

    Address

  • Full Address: 39176 Welsh Ln
  • Legal Unit: 3-556
  • Address - House Number: 39176
  • Address - Street Name: Welsh
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Beach Park
  • Carrier Code: R002
  • 4-Digit Zip Code: 3059
  • Zip Code: 60083

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $541,322
  • Tax Rate Code Area: 1095

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 204,413
  • High Value: 238,354
  • Low Value: 170,471

    Market Valuation

  • Market Total Value: $151,749
  • Market Land Value: $9
  • Market Improvement Value: $151,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,578
  • Assessed Land Value: $3
  • Assessed Improvements Value: $50,575

    Sales

  • Current Sale Contract Date: Jun 23, 2006
  • Current Sale Recording Date: Jul 18, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6028609
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 Heatherstone

Stats & Trends

Median Asking:

$302,375

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1921 ft²

Average Home Age

20.4 years

Currently For Sale

7 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

Rentals Near You

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MRED

Listed by: Judith Garcia, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12453899
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 39176 Welsh Lane built and last sold?
The property at 39176 Welsh Lane was built in 2005 and last sold on Jun 23, 2006 for $193,500.
How much is this home worth?
The estimated value of the home located at 39176 Welsh Lane is $237,797.
What are some comparable homes to 39176 Welsh Lane?
There are currently no comparable homes to 39176 Welsh Lane.
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