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Gurnee 60031 Fairway Ridge
6162 BROOKSTONE Place
$285,000
● House - Off Market

6162 BROOKSTONE Place

Gurnee, IL 60031
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$283,383
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Rarely available 2 bedroom/1.5 bathroom ranch located in beautiful Fairway Ridge near the golf course! This home has vaulted ceilings and is bright, open, and cheerful. Enjoy overlooking the relaxing patio/backyard from the cozy family room with fireplace. Entertaining will be easy in the spacious living room and dining room. The kitchen offers ample counter space and cabinets. Nice size bedrooms with plenty of closet space for storage. Newer Furnace and A/C.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$416
HOA Dues
$93
Year Built
1990

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Cap Rate Calculator

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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 #11716923)

Price History

Date / Event Date Event Price
Mar 16, 2023 Sold
Premium
Sold
Feb 15, 2023 Listed by Coldwell Banker Real Estate Group $275,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 1
  • Garage Square Area: 417
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,354
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,816
  • Gross Building Area: 1,816
  • Building Area: 1,399
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,399
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRWAY RIDGE
  • Land Acres: 0000000123
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: FAIRWAY RIDGE; LOT 687

Neighborhood

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

Geography

  • District: WARREN
  • Parcel: 07-28-106-012
  • Lot: 687
  • Municipality: TWP OF WARREN
  • Latitude: 42.35
  • Longitude: -87.955

    Address

  • Full Address: 6162 Brookstone Pl
  • Address - House Number: 6162
  • Address - Street Name: Brookstone
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Gurnee
  • Carrier Code: R004
  • 4-Digit Zip Code: 4707
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $555,772
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 8029

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 296,525
  • High Value: 358,311
  • Low Value: 234,739

    Market Valuation

  • Market Total Value: $216,673
  • Market Land Value: $35,932
  • Market Improvement Value: $180,741

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,217
  • Assessed Land Value: $11,976
  • Assessed Improvements Value: $60,241

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7964764
  • Previous Sale Recording Date: Aug 03, 2007
  • Previous Sale Contract Date: Jul 19, 2007
  • Previous Sale Amount: $232,500
  • Previous Sale Document Type: 27
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 Fairway Ridge

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

38

Average Home Size

979 ft²

Average Home Age

47.5 years

Currently For Sale

4 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: Bernice DeCristofaro, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11716923
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 6162 Brookstone Place built and last sold?
The property at 6162 Brookstone Place was built in 1990 and last sold on Mar 7, 2023 for $285,000.
How much is this home worth?
The estimated value of the home located at 6162 Brookstone Place is $277,750.
What are some comparable homes to 6162 Brookstone Place?
There are currently no comparable homes to 6162 Brookstone Place.
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