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Lake Forest 60045
642 Greenview Place
$560,000
● House - Off Market

642 Greenview Place

Lake Forest, IL 60045
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,872 Ft²
$3,709
Est. Monthly
6.08%
Cap Rate

About This Property

Sought after prime East Lake Forest's Northmoor neighborhood. You are able to move right in or decide to renovate. So much potential. You enter to a large family room with fireplace a separate dining room and a first floor bedroom next to a full bath. There are three more large bedrooms on the second level with a full bath. Pristine  Hardwood is under all carpeting on first level. Lovely lot with mature trees, brick paver patio with firepit, fenced backyard with rustic wooden shed. Just 1/2 block from South Park, 1 mile from Market Square and 2 miles from Lake Forest Beach.  Quick close possible. Being sold AS-IS.
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$309
Property Type
House
Property Taxes
$866
HOA Dues
-
Year Built
1951

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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: 2 years ago (MRED MLS #12153452)

Price History

Date / Event Date Event Price
Dec 27, 2024 Sold
Premium
Sold
Nov 29, 2024 In contract -
In contract
Oct 26, 2024 Relisted $579,000
Relisted
Oct 22, 2024 In contract -
In contract
Sep 24, 2024 Price Decreased $579,000
↓ $27K (4.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • 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: 9
  • Basement Area: 936
  • Garage Type: 4
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,072
  • Total Building Area: 2,808
  • Gross Building Area: 2,808
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: L.G.ARRIES 1ST ADDN
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: L.G.ARRIES 1ST ADDN TO NORTHMOOR TERRACE LOT 14 BLOCK 6

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 865000

Geography

  • Assessors Map Reference: 2650-B4
  • District: MORAINE
  • Parcel: 16-04-203-013
  • Block: 6
  • Lot: 14
  • Municipality: TWP OF MORAINE
  • Latitude: 42.2389
  • Longitude: -87.8315

    Address

  • Full Address: 642 Greenview Pl
  • Address - House Number: 642
  • Address - Street Name: Greenview
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C009
  • 4-Digit Zip Code: 3221
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,088,268
  • Tax Rate Code Area: 18002

    Appraisal Valuation

  • Standard Deviation: 0.0908
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 471,951
  • High Value: 514,808
  • Low Value: 429,095

    Market Valuation

  • Market Total Value: $522,082
  • Market Land Value: $237,696
  • Market Improvement Value: $284,386

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,010
  • Assessed Land Value: $79,224
  • Assessed Improvements Value: $94,786

    Sales

  • Current Sale Contract Date: Feb 04, 2024
  • Current Sale Recording Date: Feb 09, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8018823
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 Lake Forest

Stats & Trends

Median Asking:

$1,300,000

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

51

Average Home Size

5621 ft²

Average Home Age

44 years

Currently For Sale

61 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

Unit for rent at 333 Scott Street, Lake Forest, IL, 60045

$3,990 /mo

  • 3 Beds
  • 2 Baths
  • 2,163 ft²
333 Scott Street, Lake Forest, IL, 60045 Listing by Greg Koza
Unit for rent at 34 Washington Road, Lake Forest, IL, 60045

$4,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,550 ft²
34 Washington Road, Lake Forest, IL, 60045 Listing by Amy Proeh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Yore, Compass
Last Updated: 2 years ago
Data Source: MRED, MLS# 12153452
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 642 Greenview Place built and last sold?
The property at 642 Greenview Place was built in 1951 and last sold on Feb 4, 2024 for $515,000.
How much is this home worth?
The estimated value of the home located at 642 Greenview Place is $597,488.
What are some comparable homes to 642 Greenview Place?
There are currently no comparable homes to 642 Greenview Place.
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