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Knollwood 60044
811 Burris Avenue
$370,000
● House - Off Market

811 Burris Avenue

Lake Bluff, IL 60044
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,288 Ft²
$396,004
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

NEW ROOF! NEW PAINT! NEW CARPET! NEW DECK PAINT! Don't miss this 4 bed 2.5 bath home in Knollwood! Enjoy the privacy of a large, fenced in backyard with deck in this tranquil neighborhood perfectly situated between Rt 41 and I94 and minutes from Great Lakes Naval Base. Lake Bluff Elementary and Middle Schools and Lake Forest High School. Unincorporated taxes!  Quick close possible!
Unit Size
1,288 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$294
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
1972

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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 #11629147)

Price History

Date / Event Date Event Price
Feb 3, 2023 Sold
Premium
Sold
Oct 27, 2022 Listed by Keller Williams North Shore West $379,000
Listed by Keller Williams North Shore West

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • 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: 672
  • Garage Type: 1
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,111
  • Total Building Area: 2,576
  • Gross Building Area: 2,576
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FREDK H BARTLETTS NORTH SHORE PROPERTIES
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: FREDK H BARTLETTS NORTH SHORE PROPERTIES W 1/2 LOT 8 BLOCK 1 1

Neighborhood

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

Geography

  • District: SHIELDS
  • Parcel: 12-18-311-008
  • Block: 1
  • Lot: 8
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2881
  • Longitude: -87.8797

    Address

  • Full Address: 811 Burris Ave
  • Address - House Number: 811
  • Address - Street Name: Burris
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lake Bluff
  • Carrier Code: C007
  • 4-Digit Zip Code: 1513
  • Zip Code: 60044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $694,592
  • Tax Rate Code Area: 10029

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 393,608
  • High Value: 465,693
  • Low Value: 321,522

    Market Valuation

  • Market Total Value: $342,478
  • Market Land Value: $58,233
  • Market Improvement Value: $284,245

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,148
  • Assessed Land Value: $19,409
  • Assessed Improvements Value: $94,739

    Sales

  • Current Sale Contract Date: Jan 20, 2023
  • Current Sale Recording Date: Feb 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7957346
  • Previous Sale Recording Date: May 11, 2005
  • Previous Sale Contract Date: Apr 14, 2005
  • Previous Sale Amount: $345,000
  • 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 Knollwood

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$287

Below Asking

0.02%

Average Days on Market

43

Average Home Size

2701 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

Unit for rent at 600 Garfield Avenue, Lake Bluff, IL, 60044

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,775 ft²
600 Garfield Avenue, Lake Bluff, IL, 60044 Listing by Edwin Becerra
Unit for rent at 1070 Winwood Drive, Lake Forest, IL, 60045

$3,800 /mo

  • 3 Beds
  • 1,796 ft²
1070 Winwood Drive, Lake Forest, IL, 60045 Listing by Sitha Thach

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Stephanie Pellegrin, Keller Williams North Shore West
Last Updated: 3 years ago
Data Source: MRED, MLS# 11629147
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 811 Burris Avenue built and last sold?
The property at 811 Burris Avenue was built in 1972 and last sold on Jan 20, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 811 Burris Avenue is $0.
What are some comparable homes to 811 Burris Avenue?
There are currently no comparable homes to 811 Burris Avenue.
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