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Gurnee 60031 Cambridge at Heatherridge
Undisclosed Address
$207,000
● House - Off Market

Undisclosed Address

Gurnee, IL 60031
bedrooms
Studio
bathrooms
1 Bath, 1 Half Bath
square feet
956 Ft²
$1,597
Est. Monthly
$384
HOA / Fees
7.20%
Cap Rate
Unit Size
956 Ft²
Days on Market
-
Land Size
-
Price per sqft
$219
Property Type
House
Property Taxes
$186
HOA Dues
$384
Year Built
1976

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 9
  • 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: 4
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 3
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 656
  • Total Building Area: 956
  • Gross Building Area: 956
  • Building Area: 956
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 956
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHERRIDGE
  • Land Acres: 0000000015
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HEATHERRIDGE PART OF NEIGHBORHOOD NO 1 PHASE 6 U-296

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861603

Geography

  • District: WARREN
  • Subdivision Phase Number: 6
  • Parcel: 07-28-207-016
  • Municipality: TWP OF WARREN
  • Latitude: 42.352
  • Longitude: -87.95

    Address

  • Full Address: 592 Dunham Rd
  • Address - House Number: 592
  • Address - Street Name: Dunham
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Gurnee
  • Carrier Code: C005
  • 4-Digit Zip Code: 3176
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $220,816
  • Tax Rate Code Area: 8029

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 149,729
  • High Value: 173,649
  • Low Value: 125,810

    Market Valuation

  • Market Total Value: $116,252
  • Market Land Value: $22,799
  • Market Improvement Value: $93,453

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,747
  • Assessed Land Value: $7,599
  • Assessed Improvements Value: $31,148

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2015
  • Current Sale Recording Date: Jul 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7209024

    Financing

  • First Mortgage Financing Type: FIX
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 Cambridge at Heatherridge

Stats & Trends

Median Asking:

$247,400

Sale Price/ft²

$179

Below Asking

0.01%

Average Days on Market

35

Average Home Size

1275 ft²

Average Home Age

48.3 years

Currently For Sale

7 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

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MRED

Listed by: Susan Dunnigan, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12383867
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 592 Dunham Road built and last sold?
The property at 592 Dunham Road was built in 1976 and last sold on Jun 17, 2015 for $69,900.
How much is this home worth?
The estimated value of the home located at 592 Dunham Road is $0.
What are some comparable homes to 592 Dunham Road?
There are currently no comparable homes to 592 Dunham Road.
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