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Wauconda 60084 Lake Ridge
501 High Street
$365,000
● House - Off Market

501 High Street

Wauconda, IL 60084
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,430 Ft²
$2,694
Est. Monthly
8.54%
Cap Rate

About This Property

You'll Love Living Close to Town with all its Restaurants & Shops! Large 4 Bedroom home with updated main floor. Large finished basement with Rec room, Workout room and workshop. Large fenced in yard with Deck. 2nd floor laundry. H2O heater, A/C and furnace updated in past 3 years. More pictures to come soon. House is in great condition just needs some cosmetics. Priced accordingly.
Unit Size
2,430 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$150
Property Type
House
Property Taxes
$901
HOA Dues
-
Year Built
1987

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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 #12084396)

Price History

Date / Event Date Event Price
Jul 31, 2024 Sold
Premium
Sold
Jun 27, 2024 In contract -
In contract
Jun 24, 2024 Listed by Asquared Realty LLC $365,000
Listed by Asquared Realty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 1,215
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,677
  • Total Building Area: 4,125
  • Gross Building Area: 4,125
  • Building Area: 2,430
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,430
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE RIDGE SUB
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: LAKE RIDGE SUB LOT 22

Neighborhood

  • School District Name: Wauconda Community Unit School District 118
  • Census Tract: 864206

Geography

  • Assessors Map Reference: 2644-A1
  • District: WAUCONDA
  • Parcel: 09-25-307-124
  • Lot: 22
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.2582
  • Longitude: -88.1334

    Address

  • Full Address: 501 High St
  • Address - House Number: 501
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: IL
  • City Name: Wauconda
  • Carrier Code: C006
  • 4-Digit Zip Code: 2904
  • Zip Code: 60084

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,081,110
  • Tax Rate Code Area: 13041

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 391,369
  • High Value: 458,986
  • Low Value: 323,753

    Market Valuation

  • Market Total Value: $327,156
  • Market Land Value: $55,404
  • Market Improvement Value: $271,752

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,041
  • Assessed Land Value: $18,466
  • Assessed Improvements Value: $90,575

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 27, 2017
  • Current Sale Recording Date: Jan 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7458208
  • Previous Sale Recording Date: Dec 22, 1995
  • Previous Sale Contract Date: Oct 31, 1995
  • Previous Sale Amount: $174,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Lake Ridge

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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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Eduardo Alvarado, Asquared Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12084396
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 501 High Street built and last sold?
The property at 501 High Street was built in 1987 and last sold on Dec 27, 2017 for $245,000.
How much is this home worth?
The estimated value of the home located at 501 High Street is $368,650.
What are some comparable homes to 501 High Street?
There are currently no comparable homes to 501 High Street.
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