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Lake Forest 60045 Polo Grounds
615 W Everett Road
$555,000
● House - Off Market

615 W Everett Road

Lake Forest, IL 60045
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,034 Ft²
$607,332
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

This Gorgeous, professionally landscaped, wooded 2 acre property is in an estate & being sold "AS-IS".  It features a well built 3 bedroom "mid-century ranch" with an attached 2 car garage, delightful all seasons porch & a huge basement.  The wide open living room is so welcoming & open to the dining room. The "cook's" kitchen has a large center island & a multitude of cabinets all around.  The Laundry & 2nd full bath are in the basement.  The house & property have so many great features- ready to make it your own!! The property also has an absolutely charming 1 bedroom coach house, which is currently rented. Do not disturb tenant, Please!
Unit Size
2,034 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$263
Property Type
House
Property Taxes
$1,688
HOA Dues
-
Year Built
1950

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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 #11173520)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 1, 2021 Listed by @properties $535,000
Listed by @properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 15
  • 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: 9
  • Basement Area: 2,034
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 6,294
  • Gross Building Area: 6,519
  • Building Area: 2,895
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,895
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANK DEMARIE SUB
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: FRANK DEMARIE SUB LOT 2

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 864601

Geography

  • District: WEST DEERFIE
  • Parcel: 16-08-102-016
  • Lot: 2
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.2211
  • Longitude: -87.8622

    Address

  • Full Address: 615 W Everett Rd
  • Address - House Number: 615
  • Street Direction: W
  • Address - Street Name: Everett
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C024
  • 4-Digit Zip Code: 2739
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,076,268
  • Tax Rate Code Area: 17025

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 789,678
  • High Value: 924,628
  • Low Value: 654,727

    Market Valuation

  • Market Total Value: $625,001
  • Market Land Value: $600,999
  • Market Improvement Value: $24,002

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,313
  • Assessed Land Value: $200,313
  • Assessed Improvements Value: $8,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7844696
  • Previous Sale Recording Date: Jan 29, 1996
  • Previous Sale Contract Date: Nov 24, 1995
  • Previous Sale Document Type: 69
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 Polo Grounds

Stats & Trends

Median Asking:

$1,697,000

Sale Price/ft²

$419

Below Asking

0.01%

Average Days on Market

72

Average Home Size

4089 ft²

Average Home Age

47.8 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

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MRED

Listed by: Vicki Tenner, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11173520
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 615 West Everett Road built and last sold?
The property at 615 West Everett Road was built in 1950 and last sold on Sep 23, 2021 for $555,000.
How much is this home worth?
The estimated value of the home located at 615 West Everett Road is $0.
What are some comparable homes to 615 West Everett Road?
There are currently no comparable homes to 615 West Everett Road.
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