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Lake Forest 60045 Meadowood
593 Greenvale Road
$500,000
● House - Off Market

593 Greenvale Road

Lake Forest, IL 60045
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,022 Ft²
$448,772
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Exceptional opportunity to update this charming ranch in desirable Meadowood and make it your own! This 3 bedroom, 2.1 bath white brick home sits on a fully-fenced, .48 acre lot, and features a 2-car attached garage, hardwood floors, and a large family room addition. Exceptional central location in a great neighborhood near walking trails and open lands. Unlimited potential! Home is being sold in "as-is" condition.
Unit Size
2,022 Ft²
Days on Market
-
Land Size
-
Price per sqft
$223
Property Type
House
Property Taxes
$786
HOA Dues
-
Year Built
1954

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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: 3 years ago (MRED MLS #11775909)

Price History

Date / Event Date Event Price
Jul 5, 2023 Sold
Premium
Sold
May 1, 2023 Listed by @properties Christie's International Real Estate $450,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,896
  • Total Building Area: 2,022
  • Gross Building Area: 2,022
  • Building Area: 2,022
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,022
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWOOD UNIT NO. 1
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: MEADOWOOD UNIT NO. 1 LOT 4

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 863500

Geography

  • Assessors Map Reference: 2649-B3
  • District: SHIELDS
  • Parcel: 12-31-209-003
  • Lot: 4
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2507
  • Longitude: -87.8736

    Address

  • Full Address: 593 Greenvale Rd
  • Legal Unit: 1
  • Address - House Number: 593
  • Address - Street Name: Greenvale
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C023
  • 4-Digit Zip Code: 1526
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $942,818
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 653,959
  • High Value: 758,429
  • Low Value: 549,489

    Market Valuation

  • Market Total Value: $520,936
  • Market Land Value: $310,396
  • Market Improvement Value: $210,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,628
  • Assessed Land Value: $103,455
  • Assessed Improvements Value: $70,173

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7983519
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 Meadowood

Stats & Trends

Median Asking:

$1,775,000

Sale Price/ft²

$434

Above Asking

0.00%

Average Days on Market

32

Average Home Size

5669 ft²

Average Home Age

48.5 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Lisa Trace, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11775909
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 593 Greenvale Road built and last sold?
The property at 593 Greenvale Road was built in 1954 and last sold on Jun 30, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 593 Greenvale Road is $0.
What are some comparable homes to 593 Greenvale Road?
There are currently no comparable homes to 593 Greenvale Road.
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