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Gurnee 60031 Riverside Heights
4917 Adele Drive
$390,000
● House - Off Market

4917 Adele Drive

Gurnee, IL 60031
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,594 Ft²
$380,910
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Expanded 4 Bedroom / 3-1/2 Bath home in Gurnee. Two Master Suites on second floor.  HUGE expanded Family Room with open floor plan.  Quality custom cabinets in the Kitchen with granite countertops. Full Basement (plus additional basement space under expanded Family Room) with sooooo many possibilities.  Large bedrooms! Updated Hall Bath and second Master Bath.  Lots of closet space. House is in impeccable condition.  New Roof in 2020. Tank-less on demand hot water heater.  Located at the corner of Adele Dr. and Milwaukee Ave. - but many mature trees create a great privacy screen, AND it backs to an open space so there are NO backyard neighbors.
Unit Size
2,594 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$143
Property Type
House
Property Taxes
$869
HOA Dues
-
Year Built
1983

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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 #11319658)

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold
Premium
Sold
Feb 7, 2022 Listed by Baird & Warner $369,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 6
  • Building Quality: 9
  • 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: 9
  • Basement Area: 1,411
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 4,425
  • Gross Building Area: 4,425
  • Building Area: 2,594
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,594
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE HEIGHTS
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RIVERSIDE HEIGHTS LOT 49

Neighborhood

  • School District Name: Gurnee School District 56
  • Census Tract: 861508

Geography

  • Assessors Map Reference: 2478-B5
  • District: WARREN
  • Parcel: 07-15-203-059
  • Lot: 49
  • Municipality: TWP OF WARREN
  • Latitude: 42.3826
  • Longitude: -87.9245

    Address

  • Full Address: 4917 Adele Dr
  • Address - House Number: 4917
  • Address - Street Name: Adele
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gurnee
  • Carrier Code: C019
  • 4-Digit Zip Code: 1982
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,181,452
  • Tax Rate Code Area: 8001

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 448,986
  • High Value: 524,320
  • Low Value: 373,652

    Market Valuation

  • Market Total Value: $363,930
  • Market Land Value: $50,249
  • Market Improvement Value: $313,681

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,298
  • Assessed Land Value: $16,748
  • Assessed Improvements Value: $104,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7896783
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 Riverside Heights

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$154

Above Asking

0.00%

Average Days on Market

54

Average Home Size

2684 ft²

Average Home Age

65 years

Currently For Sale

0 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

Unit for rent at 5366 Sequoia Court, Gurnee, IL, 60031

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 2,241 ft²
5366 Sequoia Court, Gurnee, IL, 60031 Listing by Marina Camenschi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jane Haynes, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11319658
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 4917 Adele Drive built and last sold?
The property at 4917 Adele Drive was built in 1983 and last sold on Mar 18, 2022 for $390,000.
How much is this home worth?
The estimated value of the home located at 4917 Adele Drive is $373,599.
What are some comparable homes to 4917 Adele Drive?
There are currently no comparable homes to 4917 Adele Drive.
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