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Oakwood Hills 60013 Silver Lakes Oakwood Hills
4 Echo Hill Road
$139,900
● House - Off Market

4 Echo Hill Road

OAKWOOD HILLS, IL 60013
bedrooms
2 Beds
bathrooms
2 Baths
square feet
964 Ft²
$226,051
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Don't miss this light and bright 2 bedroom, 2 bathroom ranch! Home has full finished basement with a bar, wood burning stove and full bath. Freshly painted and super clean. Walking distance to beautiful South Beach on Silver Lake.  2 car detached garage. Newer roof, siding and windows!
Unit Size
964 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$145
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1955

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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 #09561208)

Price History

Date / Event Date Event Price
May 1, 2017 Sold
Premium
Sold
Mar 10, 2017 Listed by Baird & Warner $139,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 964
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 964
  • Gross Building Area: 964
  • Building Area: 964
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 964
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER LAKES OAKWOOD HILLS UNIT 1
  • Land Acres: 0000000170
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2020R0049062 LT 9 BLK 5 SILVER LAKES OAKWOOD HILLS UNIT 1

Neighborhood

  • School District Name: Community High School District 155
  • Census Tract: 870810

Geography

  • Parcel: 14-36-456-011
  • Block: 5
  • Lot: 9
  • Municipality: NUNDA TWP
  • Latitude: 42.242
  • Longitude: -88.2462

    Address

  • Full Address: 4 Echo Hill Rd
  • Legal Unit: 1
  • Address - House Number: 4
  • Address - Street Name: Echo Hill
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Oakwood Hills
  • Carrier Code: R009
  • 4-Digit Zip Code: 1104
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $522,116
  • Tax Rate Code Area: 14016

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 241,522
  • High Value: 285,365
  • Low Value: 197,679

    Market Valuation

  • Market Total Value: $180,975
  • Market Land Value: $50,484
  • Market Improvement Value: $130,491

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,325
  • Assessed Land Value: $16,828
  • Assessed Improvements Value: $43,497

    Sales

  • Current Sale Contract Date: Apr 28, 2017
  • Current Sale Recording Date: May 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R0016583
  • Previous Sale Recording Date: Jun 21, 2013
  • Previous Sale Contract Date: Jun 14, 2013
  • Previous Sale Amount: $124,900
  • 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 Silver Lakes Oakwood Hills

Stats & Trends

Median Asking:

$324,950

Sale Price/ft²

$216

Above Asking

0.00%

Average Days on Market

39

Average Home Size

1993 ft²

Average Home Age

46.3 years

Currently For Sale

6 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: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09561208
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 4 Echo Hill built and last sold?
The property at 4 Echo Hill was built in 1955 and last sold on Apr 28, 2017 for $140,000.
How much is this home worth?
The estimated value of the home located at 4 Echo Hill is $0.
What are some comparable homes to 4 Echo Hill?
There are currently no comparable homes to 4 Echo Hill.
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