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Antioch 60002 The Woods of Antioch
581 Ridgewood Drive
$325,000
● House - Off Market

581 Ridgewood Drive

Antioch, IL 60002
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,873 Ft²
$336,952
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Great Brick Ranch, spacious and clean. The owner has updated window treatments, new carpets, 3rd bedroom was made into an office and 1/2 bath was converted to a great pantry. (Plumbing is still available). Vaulted ceilings, Ceiling fans, fireplace, and skylights make this home bright and inviting plus add a touch of class. Huge master bedroom with a great walk-in closet, and a full master bath. The large deck and screened-in patio areas are great for relaxing and entertaining. 2 car garage, cement driveway, thoughtful landscaping, and a fenced yard make this a great home for all! Come visit today
Unit Size
1,873 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$171
Property Type
House
Property Taxes
$141
HOA Dues
$19
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11286381)

Price History

Date / Event Date Event Price
Feb 17, 2022 Sold
Premium
Sold
Dec 29, 2021 Listed by Realty Executives Cornerstone $320,000
Listed by Realty Executives Cornerstone

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • 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: 9
  • Basement Area: 1,873
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,201
  • Total Building Area: 4,229
  • Gross Building Area: 4,229
  • Building Area: 1,873
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,873
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE WOODS OF ANTIOCH - PHASE 3
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: THE WOODS OF ANTIOCH - PHASE 3; LOT 47

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 860806

Geography

  • Assessors Map Reference: 2357-D5
  • District: ANTIOCH
  • Subdivision Phase Number: 3
  • Parcel: 02-07-201-113
  • Lot: 47
  • Municipality: TWP OF ANTIOCH
  • Latitude: 42.4876
  • Longitude: -88.1045

    Address

  • Full Address: 581 Ridgewood Dr
  • Address - House Number: 581
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Antioch
  • Carrier Code: C007
  • 4-Digit Zip Code: 1177
  • Zip Code: 60002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $763,274
  • Tax Rate Code Area: 4034

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 355,025
  • High Value: 409,517
  • Low Value: 300,533

    Market Valuation

  • Market Total Value: $312,193
  • Market Land Value: $30,750
  • Market Improvement Value: $281,443

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,054
  • Assessed Land Value: $10,249
  • Assessed Improvements Value: $93,805

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 10, 2022
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7885285
  • Previous Sale Recording Date: Aug 21, 2020
  • Previous Sale Contract Date: Jun 25, 2020
  • Previous Sale Amount: $266,000
  • 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 The Woods of Antioch

Stats & Trends

Median Asking:

$439,950

Sale Price/ft²

$163

Above Asking

0.00%

Average Days on Market

26

Average Home Size

2330 ft²

Average Home Age

21 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

Unit for rent at 670 Anita Avenue, Antioch, IL, 60002

$1,850 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
670 Anita Avenue, Antioch, IL, 60002 Listing by Nikki Nielsen
Unit for rent at 914 Hillside Avenue, Antioch, IL, 60002

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
914 Hillside Avenue #1, Antioch, IL, 60002 Listing by Obdulia Garcia-Bailey

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kevin Kalbach, Realty Executives Cornerstone
Last Updated: 3 years ago
Data Source: MRED, MLS# 11286381
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 581 Ridgewood Drive built and last sold?
The property at 581 Ridgewood Drive was built in 2001 and last sold on Feb 10, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 581 Ridgewood Drive is $0.
What are some comparable homes to 581 Ridgewood Drive?
There are currently no comparable homes to 581 Ridgewood Drive.
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