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Lake 60002 Flora Acres
40446 N rt 59
$233,000
● House - Off Market

40446 N rt 59

ANTIOCH, IL 60002
bedrooms
2 Beds
bathrooms
1 Bath
$408,449
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

PRIVATE 2+/- WOODED ACRE ANTIOCH 7 YEAR NEW RANCH WITH ENDLESS POSSIBILITIES!!! FEATURES INCLUDE: 2 BEDROOMS, 1 BATH,LAUNDRY ROOM, DEEP CEMENT CRAWL, HARDWOOD FLOORING, OPEN FLOOR PLAN, MATURE OAK, APPLE, PEAR TREES, WILDLIFE  ABOUNDS!! ROOM FOR ADDITION, GARAGE, OR A POLE BARN!!!  NOT MANY PROPERTYS LIKE THIS!! PER COUNTY,2 HORSES OK!!!!
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1998

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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

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 6
  • Building Quality: 7
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 85,378
  • Total Building Area: 936
  • Gross Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PT NW
  • Land Acres: 0000001960
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PT NW SE; BEG NWCOR, E607.3 TO CLN RT59, SW418.2, WLY 480. 7, N400.4 TO POB (EX BEG NWCOR, E607.3,SW273.2, WLY 318 , WLY 206.02, N180.6 MOL TO POB) SECTION 19 TOWNSHIP 46 RA

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 860809

Geography

  • District: ANTIOCH
  • Section: 19
  • Parcel: 02-19-400-053
  • Meridian: SEC 19 TWN 46N RNG 10E
  • Municipality: TWP OF ANTIOCH
  • Latitude: 42.4509
  • Longitude: -88.1111

    Address

  • Full Address: 40446 N Il Route 59
  • Address - House Number: 40446
  • Street Direction: N
  • Address - Street Name: Il Route 59
  • State: IL
  • City Name: Antioch
  • Carrier Code: R097
  • 4-Digit Zip Code: 2072
  • Zip Code: 60002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $416,270
  • Tax Rate Code Area: 4007

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 203,615
  • High Value: 239,467
  • Low Value: 167,763

    Market Valuation

  • Market Total Value: $166,433
  • Market Land Value: $50,726
  • Market Improvement Value: $115,707

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,472
  • Assessed Land Value: $16,907
  • Assessed Improvements Value: $38,565

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 06, 2016
  • Current Sale Recording Date: May 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 7289129
  • Previous Sale Recording Date: Mar 25, 2015
  • Previous Sale Contract Date: Mar 13, 2015
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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 Flora Acres

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Nearby Rentals

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MRED

Listed by: Larry Rabel, RE/MAX Advantage Realty
Data Source: MRED, MLS# MRD06249654
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 40446 North Illinois 59 built and last sold?
The property at 40446 North Illinois 59 was built in 1998 and last sold on Apr 6, 2016 for $105,000.
How much is this home worth?
The estimated value of the home located at 40446 North Illinois 59 is $0.
What are some comparable homes to 40446 North Illinois 59?
There are currently no comparable homes to 40446 North Illinois 59.
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