$925,000
●
House -
Off Market
59 MACARTHUR Loop
Highland Park, IL 60035
6 Beds
6 Baths,
1
Half Bath
5,418 Ft²
$1,007,784
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Historic Captain's mansion with Lake Michigan and ravine views!
Updated to maintain a sense of history and provide all amenities
for today's lifestyle, tall ceilings, millwork, beautiful
architectural details. Expanded to include a chef's kitchen, all
stainless appliances including Sub-Zero refrigerator, Wolf range
and built in electric oven with convection and microwave, granite,
center island with prep sink, pasta faucet. Soaring living room
with fireplace, windows stream sunlight in spacious family room,
step out to Trek deck for lake views. Second level family room with
fireplace and wet bar for entertaining. Master suite with
walk-in closet and deep soaking tub in private master bathroom.
Third level has space for an office, three large bedrooms, or movie
theater. Elevator runs from basement to first and second floors.
Sauna, tons of storage space, workshop, 4 car garage. Short
distance to train, restaurants, biking and walking trails, beach,
nature.
Unit Size
5,418 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$185
Property Type
House
Property Taxes
$2,358
HOA Dues
$112
Year Built
1895
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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 #10339027)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2022 | Sold | ||
| Sold | |||
| Apr 10, 2019 | Listed by Berkshire Hathaway HomeServices Chicago | $999,999 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| Jul 13, 2017 | Listed | $1,295,000 | |
| Listed | |||
| | |||
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Don't miss your chance to live in a Captain's Home in Historic Ft Sheridan. Loads of updates and old world charm mixed together to make this a perfect place to call home! Enjoy the Lake (public access), walking/bike trails in the adjacent Open Land space and ravines in your own backyard. Expanded and enhanced this home boast a gourmet kitchen with center island with prep sink, stainless appliances, pasta faucet, Living room with fireplace, bedroom with private bath, 4 car garage, large family room and Trek deck for outdoor entertaining. The second level is the hub of entertainment. Great room with fireplace, wet bar office area and plenty of room for a pool table or whatever else you enjoy. Master suite with walk-in-closet, 2nd bedroom with private bath are also on this floor. 3 bedrooms on the 3rd level.. Elevator from basement to 1st & 2nd floors! Sauna too! Ft Sheridan at its best!The manager has listed the unit size as 5418 square feet.
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Property Highlights
Air Conditioning
Fireplace
Elevator
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Highland Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kimberly Shortsle, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 10339027
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 10339027
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