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Gurnee 60031 Fairway Ridge
6262 Eagle Ridge Drive
$342,000
● House - Off Market

6262 Eagle Ridge Drive

Gurnee, IL 60031
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,614 Ft²
$2,194
Est. Monthly
$127
HOA / Fees
5.23%
Cap Rate

About This Property

Enjoy beautiful views of a tree farm from this lovely upgraded residence in desirable Fairway Ridge. Skylights in the loft bring the outside in, radiating sunshine into the space. The new roof and gutter guards from 2020 protect this well-maintained home, while the paver patio and lighted front walk add curb appeal and functionality. Inside, the coffered ceiling and custom woodwork in the living room exude elegance. The kitchen's recessed and under-cabinet lighting, along with the pantry, combine style with practicality.  And that heated garage-complete with an epoxy-coated floor and built-in storage-is a dream for organization and comfort, especially in chilly winters.
Unit Size
1,614 Ft²
Days on Market
-
Land Size
-
Price per sqft
$217
Property Type
House
Property Taxes
$348
HOA Dues
$127
Year Built
1990

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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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 4
  • 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: 1
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,548
  • Total Building Area: 1,878
  • Gross Building Area: 1,878
  • Building Area: 1,614
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,614
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRWAY RIDGE
  • Land Acres: 0000000104
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: FAIRWAY RIDGE; LOT 558

Neighborhood

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

Geography

  • Assessors Map Reference: 2534-D3
  • District: WARREN
  • Parcel: 07-28-101-025
  • Lot: 558
  • Municipality: TWP OF WARREN
  • Latitude: 42.3509
  • Longitude: -87.9585

    Address

  • Full Address: 6262 Eagle Ridge Dr
  • Address - House Number: 6262
  • Address - Street Name: Eagle Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gurnee
  • Carrier Code: R004
  • 4-Digit Zip Code: 4713
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $463,340
  • Tax Rate Code Area: 8029

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 319,788
  • High Value: 377,436
  • Low Value: 262,140

    Market Valuation

  • Market Total Value: $240,405
  • Market Land Value: $30,516
  • Market Improvement Value: $209,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,127
  • Assessed Land Value: $10,171
  • Assessed Improvements Value: $69,956

    Sales

  • Current Sale Contract Date: Oct 23, 2015
  • Current Sale Recording Date: Oct 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7242788
  • Previous Sale Recording Date: Aug 18, 1997
  • Previous Sale Contract Date: Jun 03, 1997
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 71
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:

$229,450

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1466 ft²

Average Home Age

43.5 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

Rentals Near You

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MRED

Listed by: Jodi Cinq-Mars, Keller Williams North Shore West
Data Source: MRED, MLS# MRD12329032
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 6262 Eagle Ridge Drive built and last sold?
The property at 6262 Eagle Ridge Drive was built in 1990 and last sold on Oct 23, 2015 for $190,000.
How much is this home worth?
The estimated value of the home located at 6262 Eagle Ridge Drive is $0.
What are some comparable homes to 6262 Eagle Ridge Drive?
There are currently no comparable homes to 6262 Eagle Ridge Drive.
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