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Grayslake 60030 Carillon North
502 Longfield Lane
$380,000
● House - Off Market

502 Longfield Lane

Grayslake, IL 60030
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,840 Ft²
$2,972
Est. Monthly
$246
HOA / Fees
2.43%
Cap Rate

About This Property

Sold in the Private Listing Network.
Unit Size
1,840 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
House
Property Taxes
$860
HOA Dues
$246
Year Built
2001

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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: 2 years ago (MRED MLS #12278783)

Price History

Date / Event Date Event Price
Feb 26, 2025 Sold
Premium
Sold
Jan 28, 2025 Listed by Coldwell Banker Realty $379,900
Listed by Coldwell Banker Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,253
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,037
  • Total Building Area: 3,533
  • Gross Building Area: 3,653
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARILLON NORTH UNIT THREE
  • Land Acres: 0000000139
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: CARILLON NORTH UNIT THREE; LOT 73

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861202

Geography

  • Assessors Map Reference: 2476-A6
  • District: AVON
  • Parcel: 06-14-304-024
  • Lot: 73
  • Municipality: TWP OF AVON
  • Latitude: 42.3769
  • Longitude: -88.0345

    Address

  • Full Address: 502 Longfield Ln
  • Legal Unit: 3
  • Address - House Number: 502
  • Address - Street Name: Longfield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Grayslake
  • Carrier Code: R007
  • 4-Digit Zip Code: 4432
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,032,012
  • Tax Rate Code Area: 7013

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 368,875
  • High Value: 427,802
  • Low Value: 309,947

    Market Valuation

  • Market Total Value: $282,883
  • Market Land Value: $38,584
  • Market Improvement Value: $244,299

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,285
  • Assessed Land Value: $12,860
  • Assessed Improvements Value: $81,425

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2002
  • Current Sale Recording Date: Aug 12, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4983074
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 Carillon North

Stats & Trends

Median Asking:

$394,450

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1787 ft²

Average Home Age

24.5 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

Rentals Near You

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MRED

Listed by: Jamie Hering, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12278783
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 502 Longfield Lane built and last sold?
The property at 502 Longfield Lane was built in 2001 and last sold on Mar 13, 2002 for $282,500.
How much is this home worth?
The estimated value of the home located at 502 Longfield Lane is $0.
What are some comparable homes to 502 Longfield Lane?
There are currently no comparable homes to 502 Longfield Lane.
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