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Lake 60002 Newport Cove
41005 N Elime Road
$672,500
● House - Off Market

41005 N Elime Road

ANTIOCH, IL 60002
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,632 Ft²
$1,683,198
RealtyHop Estimate
124.46%
Since Oct 1, 2011
National-US
Primary Model

About This Property

PRIVATE SANCTUARY ON LAKE MARIE- 2006 CUSTOM HOME SITUATED ON 150' PRIME WATERFRONT PROPERTY W/PRIVATE PIER. MAIN HOUSE W/IMPRESSIVE 30x30 GREAT ROOM--SOARING CATHEDRAL CEILINGS & BREATHTAKING VIEWS! GOURMET KITCHEN. 2 FIREPLACES. MAIN LEVEL MASTER BDRM W/FULL BATH. RELAX & UNWIND IN THE "PRIVATE" HOUSE W/SAUNA, HOT TUB + BRICK PATIO & FIRE PIT. 4 1/2 CAR GARAGE W/HUGE LOFT. SWIM, BOAT, JET SKI...
Unit Size
3,632 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$206
Property Type
House
Property Taxes
$1,476
HOA Dues
-
Year Built
1960

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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 #07818672)

Price History

Date / Event Date Event Price
Sep 30, 2011 Sold
Premium
Sold
May 27, 2011 Listed by RE/MAX Showcase $749,900
Listed by RE/MAX Showcase

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 1,148
  • Parking Space Count: 4
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,834
  • Total Building Area: 3,263
  • Gross Building Area: 3,583
  • Building Area: 3,263
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 13
  • Heated Square Feet: 3,263
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHULTHEIS CONSOLIDATION
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: SCHULTHEIS CONSOLIDATION; LOT 1

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 860808

Geography

  • Assessors Map Reference: 2415-E2
  • District: ANTIOCH
  • Parcel: 01-13-301-007
  • Lot: 1
  • Municipality: TWP OF ANTIOCH
  • Latitude: 42.4589
  • Longitude: -88.14

    Address

  • Full Address: 41005 N Elime Rd
  • Address - House Number: 41005
  • Street Direction: N
  • Address - Street Name: Elime
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Antioch
  • Carrier Code: R093
  • 4-Digit Zip Code: 9776
  • Zip Code: 60002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,762,714
  • Tax Rate Code Area: 4012

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 853,436
  • High Value: 999,265
  • Low Value: 707,608

    Market Valuation

  • Market Total Value: $674,884
  • Market Land Value: $122,706
  • Market Improvement Value: $552,178

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,939
  • Assessed Land Value: $40,898
  • Assessed Improvements Value: $184,041

    Sales

  • Current Sale Contract Date: Sep 30, 2011
  • Current Sale Recording Date: Oct 13, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6776489
  • Previous Sale Recording Date: Nov 26, 1997
  • Previous Sale Contract Date: Nov 25, 1997
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: 51

    Financing

  • First Mortgage Financing Type: ADJ
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 Newport Cove

Stats & Trends

Median Asking:

$424,888

Sale Price/ft²

$269

Below Asking

0.08%

Average Days on Market

67

Average Home Size

2284 ft²

Average Home Age

44 years

Currently For Sale

2 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: Christine Bianchi, RE/MAX Showcase
Last Updated: 3 years ago
Data Source: MRED, MLS# 07818672
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 41005 North Elime Road built and last sold?
The property at 41005 North Elime Road was built in 1960 and last sold on Sep 30, 2011 for $672,500.
How much is this home worth?
The estimated value of the home located at 41005 North Elime Road is $0.
What are some comparable homes to 41005 North Elime Road?
There are currently no comparable homes to 41005 North Elime Road.
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