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Tower Lakes 60010 Tower Lake Estates
660 Leon Drive
$440,000
● House - Off Market

660 Leon Drive

Tower Lakes, IL 60010
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,960 Ft²
$506,341
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Enjoy the resort lifestyle of Tower Lakes! Swimming, boating, kayaking, canoeing, fishing, tennis courts, pickleball, soccer fields, community activities and more! A wonderful blend of country meets convenience in this "Northwoods" feel 4-bedroom Contemporary A-frame, retreat-style home featuring a main floor primary ensuite, 4-Season Room, full area finished basement, and a 3 car garage! Situated on a lush one-acre+ wooded culdesac location. The newly remodeled kitchen features granite countertops and stainless appliances (except refrigerator), a breakfast area, and access to the 4-Season Room retreat. The Great Room boasts a 2-Story tongue and groove beamed cathedral ceiling and masonry fireplace! The full area finished basement offers a family recreation room, a gaming area, a mechanics/workshop room, a large laundry room and storage rooms. Newer two-zoned systems and roof within 10 years. Upgraded electrical. Award-winning Barrington District 220 Schools!
Unit Size
2,960 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$152
Property Type
House
Property Taxes
$838
HOA Dues
$42
Year Built
1979

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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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,561
  • Garage Type: 1
  • Garage Square Area: 860
  • Parking Space Count: 3
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,340
  • Total Building Area: 5,126
  • Gross Building Area: 5,126
  • Building Area: 2,705
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,705
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARIAN HILLS
  • Land Acres: 0000001018
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: MARIAN HILLS LOT 8

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 864303

Geography

  • Assessors Map Reference: 2643-D4
  • District: CUBA
  • Parcel: 13-02-107-011
  • Lot: 8
  • Municipality: TWP OF CUBA
  • Latitude: 42.2388
  • Longitude: -88.15

    Address

  • Full Address: 660 Leon Dr
  • Address - House Number: 660
  • Address - Street Name: Leon
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Tower Lakes
  • Carrier Code: C021
  • 4-Digit Zip Code: 1208
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,145,960
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 14092

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 544,230
  • High Value: 637,715
  • Low Value: 450,744

    Market Valuation

  • Market Total Value: $476,052
  • Market Land Value: $89,031
  • Market Improvement Value: $387,021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,668
  • Assessed Land Value: $29,674
  • Assessed Improvements Value: $128,994

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 7846308

    Financing

  • First Mortgage Financing Type: FIX
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 Tower Lake Estates

Stats & Trends

Median Asking:

$394,450

Sale Price/ft²

$213

Above Asking

0.00%

Average Days on Market

28

Average Home Size

2031 ft²

Average Home Age

77 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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$2,999 /mo

  • 2 Beds
  • 2 Baths
  • 1,617 ft²
561 Marina Street, Wauconda, IL, 60084 Listing by Chris Peters
Unit for rent at 215 Brett Circle, Wauconda, IL, 60084

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 920 ft²
215 Brett Circle #C, Wauconda, IL, 60084 Listing by Terry Wilkowski
Unit for rent at 2226 Lakeshore Drive, Schaumburg, IL, 60173

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,782 ft²
2226 Lakeshore Drive #2226, Schaumburg, IL, 60173 Listing by Tasneem Bahrainwala

Rentals Near You

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MRED

Listed by: Kimberly Schmidt, RE/MAX of Barrington
Data Source: MRED, MLS# MRD11159212
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 660 Leon Drive built and last sold?
The property at 660 Leon Drive was built in 1979 and last sold on Aug 13, 2021 for $440,000.
How much is this home worth?
The estimated value of the home located at 660 Leon Drive is $0.
What are some comparable homes to 660 Leon Drive?
There are currently no comparable homes to 660 Leon Drive.
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