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Lake Bluff 60044 Village of Lake Bluff
665 Pine Court
$607,500
● House - Off Market

665 Pine Court

Lake Bluff, IL 60044
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,749 Ft²
$4,185
Est. Monthly
3.67%
Cap Rate

About This Property

A prime opportunity for subdivision with this double lot for new construction, or renovation of the existing ranch. Whether you're an investor or looking to create your dream home, this 1/2 acre property provides the flexibility to suit your needs.  Situated in the popular North Terrace neighborhood near LB Elementary school, LB Park District, Golf Course, downtown, Metra, this property combines convenience with the rare opportunity to create something truly unique.  Sold in AS IS CONDITION
Unit Size
1,749 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$365
Property Type
House
Property Taxes
$1,047
HOA Dues
-
Year Built
1953

Payment Calculator

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • 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: 9
  • Basement Area: 1,749
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,750
  • Total Building Area: 4,026
  • Gross Building Area: 4,026
  • Building Area: 1,749
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,749
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF LAKE BLUFF KNOLLWOOD HEIGHTS
  • Land Acres: 0000000499
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VILLAGE OF LAKE BLUFF KNOLLWOOD HEIGHTS LOT 5 BLOCK 5

Neighborhood

  • School District Name: Lake Bluff Elementary School District 65
  • Census Tract: 863202

Geography

  • Assessors Map Reference: 2593-E5
  • District: SHIELDS
  • Parcel: 12-20-209-002
  • Block: 5
  • Lot: 5
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2814
  • Longitude: -87.852

    Address

  • Full Address: 665 Pine Ct
  • Address - House Number: 665
  • Address - Street Name: Pine
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Lake Bluff
  • Carrier Code: C014
  • 4-Digit Zip Code: 2027
  • Zip Code: 60044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,133,528
  • Tax Rate Code Area: 10011

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 634,463
  • High Value: 735,819
  • Low Value: 533,107

    Market Valuation

  • Market Total Value: $565,148
  • Market Land Value: $382,853
  • Market Improvement Value: $182,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,364
  • Assessed Land Value: $127,605
  • Assessed Improvements Value: $60,759

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Village of Lake Bluff

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

47

Average Home Size

3461 ft²

Average Home Age

61 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

Unit for rent at 389 E Deerpath Road, Lake Forest, IL, 60045

$2,850 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
389 E Deerpath Road #1, Lake Forest, IL, 60045 Listing by Megan Sparrow Jordan
Unit for rent at 1301 N Western Avenue, Lake Forest, IL, 60045

$3,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,166 ft²
1301 N Western Avenue #231, Lake Forest, IL, 60045 Listing by Karen Schmid

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Daria Andrews, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12145210
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 665 Pine Court built and last sold?
The property at 665 Pine Court was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 665 Pine Court is $681,750.
What are some comparable homes to 665 Pine Court?
There are currently no comparable homes to 665 Pine Court.
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