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Mundelein 60060
825 Killarney Pass Drive
$260,000
● House - Off Market

825 Killarney Pass Drive

Mundelein, IL 60060
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,198 Ft²
$1,802
Est. Monthly
$29
HOA / Fees
10.50%
Cap Rate

About This Property

EXPANDED HOME IS UPDATED AND READY FOR YOU! LAKE LOMOND ACCESS RIGHTS TOO! WALK TO LAKE, WALK TO SCHOOLS, WALK TO FREMONT LIBRARY, SHORT DISTANCE (.3 MILES) TO MUNDELEIN PARK AND RECREATION DISTRICT / DUNBAR RECREATION CENTER. CLOSE TO ALL SORTS OF ENTERTAINMENT AND RESTAURANTS. KITCHEN AND BATHS ARE BEAUTIFULLY 100% UPDATED! 6 PANEL DOORS T/O, WATERPROOF VINYL FLOORING, CARPET IS 2 YRS, LG TOP OF LINE REFRIG, STOVE AND MICROWAVE. ROOF IS 10 YRS OLD, GARAGE ROOF IS 1 YEAR, A/C 1 YR WITH BLOWER, NEW STORM DOORS WITH NEW FOOTING. DEEP LOT FOR RECREATION OR POSSIBLE EXPANSION OF HOME OR GARAGE (CHECK WITH MUNICIPAL PLEASE FOR RULES)        SOLAR PANELS MAKE ELECTRIC BILL VERY SMALL! LEASE ON SOLAR IS TRANSFERABLE , $80 MO.
Unit Size
1,198 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$217
Property Type
House
Property Taxes
$497
HOA Dues
$29
Year Built
1956

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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 #12005449)

Price History

Date / Event Date Event Price
May 1, 2024 Sold
Premium
Sold
Mar 15, 2024 Listed by Realty Management Solutions LLC $259,900
Listed by Realty Management Solutions LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • 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: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,809
  • Total Building Area: 1,198
  • Gross Building Area: 1,198
  • Building Area: 1,198
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,198
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOCH LOMOND
  • Land Acres: 0000000271
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: LOCH LOMOND LOT 40 BLOCK 4

Neighborhood

  • School District Name: Mundelein Consolidated High School District 120
  • Census Tract: 864106

Geography

  • District: FREMONT
  • Parcel: 10-24-106-002
  • Block: 4
  • Lot: 40
  • Municipality: TWP OF FREMONT
  • Latitude: 42.2809
  • Longitude: -88.0156

    Address

  • Full Address: 825 Killarney Pass Dr
  • Address - House Number: 825
  • Address - Street Name: Killarney Pass
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mundelein
  • Carrier Code: C024
  • 4-Digit Zip Code: 1253
  • Zip Code: 60060

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $596,004
  • Tax Rate Code Area: 12001

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 287,572
  • High Value: 339,986
  • Low Value: 235,159

    Market Valuation

  • Market Total Value: $203,798
  • Market Land Value: $51,908
  • Market Improvement Value: $151,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,926
  • Assessed Land Value: $17,301
  • Assessed Improvements Value: $50,625

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2013
  • Current Sale Recording Date: Aug 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7030585
  • Previous Sale Recording Date: Sep 21, 2010
  • Previous Sale Contract Date: Aug 10, 2010
  • Previous Sale Amount: $80,500
  • Previous Sale Document Type: 68
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 Mundelein

Stats & Trends

Median Asking:

$399,990

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1826 ft²

Average Home Age

30.9 years

Currently For Sale

63 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 403 E Park Street, Mundelein, IL, 60060

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,420 ft²
403 E Park Street, Mundelein, IL, 60060 Listing by Dawn Kasten

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Frank Capasso, Realty Management Solutions LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12005449
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 825 Killarney Pass Drive built and last sold?
The property at 825 Killarney Pass Drive was built in 1956 and last sold on Jul 12, 2013 for $161,000.
How much is this home worth?
The estimated value of the home located at 825 Killarney Pass Drive is $263,649.
What are some comparable homes to 825 Killarney Pass Drive?
There are currently no comparable homes to 825 Killarney Pass Drive.
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