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Gurnee 60031 Townhomes of Westgate
5916 DELAWARE Avenue #0
$158,000
● House - Off Market

5916 DELAWARE Avenue #0

GURNEE, IL 60031
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,564 Ft²
$302,387
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

BRIGHT, 3BED. END UNIT IN POPULAR WESTGATE A WAITING FOR YOU TO MAKE IT A HOME. VAULTED CEILING, SPACIOUS KIT W/BREAFAST BAR/ PANTRY, SEPRATE DIN ROOM, NEWER PARQUET FLOORS, FRESHLY PAINTED, 1ST FLOOR LAUNDRY, GLASS SLIDERS THAT OPEN TO A DECK, EXTRA PARKING ON SITE. CLOSE TO TOLLWAY, SHOPPING, GREAT AMERICA.
Unit Size
1,564 Ft²
Days on Market
-
Land Size
-
Price per sqft
$102
Property Type
House
Property Taxes
$296
HOA Dues
$195
Year Built
1989

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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.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 35
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 3
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,057
  • Total Building Area: 1,672
  • Gross Building Area: 1,672
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWNHOMES OF WESTGATE UNIT 2A
  • Land Acres: 0000000047
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: TOWNHOMES OF WESTGATE UNIT 2A; NW 39 LOT 30

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861505

Geography

  • District: WARREN
  • Parcel: 07-09-405-027
  • Lot: 30
  • Municipality: TWP OF WARREN
  • Latitude: 42.387
  • Longitude: -87.9474

    Address

  • Full Address: 5916 Delaware Ave
  • Legal Unit: 2A
  • Address - House Number: 5916
  • Address - Street Name: Delaware
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Gurnee
  • Carrier Code: C012
  • 4-Digit Zip Code: 6324
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $463,372
  • Tax Rate Code Area: 8042

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 225,006
  • High Value: 266,653
  • Low Value: 183,360

    Market Valuation

  • Market Total Value: $177,999
  • Market Land Value: $27,750
  • Market Improvement Value: $150,249

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,327
  • Assessed Land Value: $9,249
  • Assessed Improvements Value: $50,078

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2020
  • Current Sale Recording Date: Aug 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7682207
  • Previous Sale Recording Date: Jun 10, 2011
  • Previous Sale Contract Date: Nov 12, 2010
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

About Townhomes of Westgate

Stats & Trends

Median Asking:

$270,450

Sale Price/ft²

$176

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1506 ft²

Average Home Age

37.2 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 6175 W Grand Avenue, Gurnee, IL, 60031

$1,800 /mo

  • 1 Bed
  • 2 Baths
  • 792 ft²
6175 W Grand Avenue #3002, Gurnee, IL, 60031 Listing by Kim Alden
Unit for rent at 7049 Buchanan Drive, Gurnee, IL, 60031

$2,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,002 ft²
7049 Buchanan Drive #7049, Gurnee, IL, 60031 Listing by Imran Haq

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anastasia Csahiouni, R.E.I.T. Homes
Data Source: MRED, MLS# MRD06894960
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 5916 Delaware Avenue built and last sold?
The property at 5916 Delaware Avenue was built in 1989 and last sold on Jun 22, 2020 for $162,500.
How much is this home worth?
The estimated value of the home located at 5916 Delaware Avenue is $166,549.
What are some comparable homes to 5916 Delaware Avenue?
There are currently no comparable homes to 5916 Delaware Avenue.
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