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Gurnee 60031 Ravinia Woods
7738 Dada Drive
$400,000
● House - Off Market

7738 Dada Drive

Gurnee, IL 60031
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,320 Ft²
$387,939
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Wonderful 4 bedroom, 2 1/2 bath stunner in one of Gurnee's most desirable neighbhorhoods! This Ravinia Woods home is only a short walking distance from the fabulous Ravinia Woods park! Recently remodeled kitchen with 42" Silver maple cabinets, stainless steel appliances, Quartz counters and tile backsplash.  Walk in pantry?  YES!  Stunning hardwood flooring on 1st level. 1st floor office! Huge Primary bedroom with walk in closet and private bath. 3 other beds share a bath on the 2nd level. Amazing lot with full fenced rear yard and newer deck that was rebuilt in 2018! Basement room just needs flooring to be completed! Also a tremendous crawl space for all of your storage needs! Roof/Siding, front windows 2010, HVAC 2015, W/D 2019, bedroom and office carpet 2021. Wow!
Unit Size
2,320 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$168
Property Type
House
Property Taxes
$682
HOA Dues
$10
Year Built
1996

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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.

Last updated: 3 years ago (MRED MLS #11804106)

Price History

Date / Event Date Event Price
Jul 24, 2023 Sold
Premium
Sold
Jun 9, 2023 Listed by Baird & Warner $389,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 1
  • 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: 1,020
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 3
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,740
  • Gross Building Area: 3,740
  • Building Area: 2,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAVINIA WOODS UNIT 2
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RAVINIA WOODS UNIT 2; LOT 120

Neighborhood

  • School District Name: Woodland Community Consolidated School District 50
  • Census Tract: 861609

Geography

  • District: WARREN
  • Parcel: 07-18-309-018
  • Lot: 120
  • Municipality: TWP OF WARREN
  • Latitude: 42.3769
  • Longitude: -87.9949

    Address

  • Full Address: 7738 Dada Dr
  • Legal Unit: 2
  • Address - House Number: 7738
  • Address - Street Name: Dada
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gurnee
  • Carrier Code: R015
  • 4-Digit Zip Code: 5178
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $906,054
  • Tax Rate Code Area: 8029

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 379,992
  • High Value: 414,227
  • Low Value: 345,756

    Market Valuation

  • Market Total Value: $326,592
  • Market Land Value: $57,981
  • Market Improvement Value: $268,611

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,853
  • Assessed Land Value: $19,325
  • Assessed Improvements Value: $89,528

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7987642
  • Previous Sale Recording Date: Sep 19, 2006
  • Previous Sale Contract Date: Aug 25, 2006
  • Previous Sale Amount: $350,000
  • 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 Ravinia Woods

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$203

Above Asking

0.00%

Average Days on Market

39

Average Home Size

2749 ft²

Average Home Age

30.8 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

Unit for rent at 37061 N Bonnie Brae Road, Lake Villa, IL, 60046

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,862 ft²
37061 N Bonnie Brae Road, Lake Villa, IL, 60046 Listing by Venkateshwar Talari

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Laura Reilly, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11804106
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 7738 Dada Drive built and last sold?
The property at 7738 Dada Drive was built in 1996 and last sold on Jul 21, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 7738 Dada Drive is $392,890.
What are some comparable homes to 7738 Dada Drive?
There are currently no comparable homes to 7738 Dada Drive.
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