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Lindenhurst 60046 Waterford Woods
486 Forest View Road
$319,900
● House - Off Market

486 Forest View Road

Lindenhurst, IL 60046
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,624 Ft²
$317,905
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Prime location between Hwy 45 and Hwy 83 (Lake Villa with Lindenhurst mailing address), sought after Millburn school district this stylish, very well-maintained tri-level has 3+ bedrooms, 2.5 bathrooms, newer roof & vinyl siding in 2018. Other improvements: skylight in kitchen replace; 2022: lower level carpeting with thick pad. In 2016:  tankless water heater, washer dryer. Refrigerator in 2017, oven/range (2020). In 2021: back yard patio(pavers/block edging & lattice for privacy, front paver sidewalk & stoop).  Patio door with between-glass blinds, concrete driveway, 8'x8' storage shed, fenced rear yard, playset. Forest View Park is directly across the street and has paths leading to splash park.
Unit Size
1,624 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$197
Property Type
House
Property Taxes
$749
HOA Dues
-
Year Built
1985

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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 #11808693)

Price History

Date / Event Date Event Price
Sep 1, 2023 Sold
Premium
Sold
Jun 15, 2023 Listed by Bear Realty, Inc. $319,900
Listed by Bear Realty, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 39
  • 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: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,326
  • Total Building Area: 1,624
  • Gross Building Area: 1,624
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERFORD WOODS UNIT NO 2
  • Land Acres: 0000000214
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WATERFORD WOODS UNIT NO 2 LOT 14 BLK 5

Neighborhood

  • School District Name: Millburn Community Consolidated School District 24
  • Census Tract: 861009

Geography

  • Assessors Map Reference: 2418-B6
  • District: LAKE VILLA
  • Parcel: 02-36-101-112
  • Block: 5
  • Lot: 14
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4262
  • Longitude: -88.0204

    Address

  • Full Address: 486 Forest View Rd
  • Legal Unit: 2
  • Address - House Number: 486
  • Address - Street Name: Forest View
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lindenhurst
  • Carrier Code: R009
  • 4-Digit Zip Code: 8721
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $898,738
  • Tax Rate Code Area: 5128

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 306,763
  • High Value: 359,433
  • Low Value: 254,093

    Market Valuation

  • Market Total Value: $237,918
  • Market Land Value: $37,342
  • Market Improvement Value: $200,576

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,298
  • Assessed Land Value: $12,446
  • Assessed Improvements Value: $66,852

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7997999
  • Previous Sale Recording Date: Jan 02, 2014
  • Previous Sale Contract Date: Dec 12, 2013
  • Previous Sale Amount: $140,000
  • 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 Waterford Woods

Stats & Trends

Median Asking:

$369,000

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

35

Average Home Size

2688 ft²

Average Home Age

49 years

Currently For Sale

1 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: Glenda Dupons, Bear Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11808693
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 486 Forest View Road built and last sold?
The property at 486 Forest View Road was built in 1985 and last sold on Aug 14, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 486 Forest View Road is $323,099.
What are some comparable homes to 486 Forest View Road?
There are currently no comparable homes to 486 Forest View Road.
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