$158,500
●
House -
Off Market
626 Barron Boulevard
Grayslake, IL 60030
3 Beds
3 Baths
2,416 Ft²
$163,731
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Investors dream!!! Seller has partially demoed the home to make it
easier for you to make it into a dream home. New Furnace 2019,
Solar roof panels fully paid for to save on energy. Great
location!!! Plenty of outside parking plus 2 car attached garage.
At one time it was a nail spa and a private office in lower level.
Then converted back into a home. Nice size living room and family
room. Spectate eating area. Brick fireplace. Open concept kitchen
area! Wheel Chair ramp off deck. 3 good size bedrooms, 3 baths and
a laundry room. Extra drywall and two-by fours in garage. Huge
fenced back yard and shed. Taxes has been changed to residential
but can easily be changed back to commercial. Being sold "AS"IS"
conventional or cash only.
Unit Size
2,416 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$66
Property Type
House
Property Taxes
$761
HOA Dues
-
Year Built
1977
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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 #11695655)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by Coldwell Banker Realty | $299,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Seller has completely updated this house to make it easier for you to call it your dream home! Solar roof panels fully paid for to save on energy (only $6 a month). Great location with Grayslake Schools!!! Plenty of outside parking plus 2 car attached garage. Nice size living room with fireplace. Open concept kitchen area with all new stainless steel appliances! 3 bedrooms, 3 baths. Lower level has lots of possibilities! Rec Room, 4th Bedroom, Exercise Room, or Office! Huge fenced back yard with shed. Taxes reflect residential but can easily be changed back to commercial.
| |||
| Mar 6, 2023 | Sold | ||
| Sold | |||
| Jan 5, 2023 | Listed by Century 21 Circle | $158,888 | |
| Listed by Century 21 Circle | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Grayslake Manor
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Listed by: Larry Desmond, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 11695655
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11695655
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