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Grayslake 60030 Avon on The Prairie
856 SHEFFIELD Lane
$260,000
● House - Off Market

856 SHEFFIELD Lane

GRAYSLAKE, IL 60030
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,088 Ft²
$450,950
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Growing family? This is the home with room for everyone! Open floor plan, 2088 sq ft. Brand new furnace, A/C, humidifier. Roof & siding less than 2yrs old. LR has  bay window, newer pergo style floor. DR w/pergo style floor & sliding glass doors leading to 2 tier deck & fenced back yard. White appliances, white kitchen tile floor. Big family room, brick fireplace, wood mantle. White 6 panel doors,trim. Heated garage.
Unit Size
2,088 Ft²
Days on Market
-
Land Size
-
Price per sqft
$125
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1987

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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: 2 years ago (MRED MLS #06424892)

Price History

Date / Event Date Event Price
Aug 29, 2007 Sold
Premium
Sold
Mar 1, 2007 Listed by RE/MAX Center $260,000
Listed by RE/MAX Center

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 620
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,564
  • Gross Building Area: 1,564
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AVON ON THE PRAIRIE
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: AVON ON THE PRAIRIE LOT 5

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861106

Geography

  • District: AVON
  • Parcel: 06-26-211-005
  • Lot: 5
  • Municipality: TWP OF AVON
  • Latitude: 42.3507
  • Longitude: -88.0245

    Address

  • Full Address: 856 Sheffield Ln
  • Address - House Number: 856
  • Address - Street Name: Sheffield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Grayslake
  • Carrier Code: C014
  • 4-Digit Zip Code: 1395
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $887,260
  • Tax Rate Code Area: 7013

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 67
  • Final Value: 248,028
  • High Value: 305,772
  • Low Value: 190,284

    Market Valuation

  • Market Total Value: $272,500
  • Market Land Value: $57,111
  • Market Improvement Value: $215,389

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,824
  • Assessed Land Value: $19,035
  • Assessed Improvements Value: $71,789

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 13, 2020
  • Current Sale Recording Date: Mar 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7638302
  • Previous Sale Recording Date: Dec 13, 2012
  • Previous Sale Contract Date: Nov 05, 2012
  • Previous Sale Amount: $134,000
  • Previous Sale Document Type: 68

    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 Avon on The Prairie

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 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 33451 N Sears Boulevard, Grayslake, IL, 60030

$3,750 /mo

  • 4 Beds
  • 2 Baths
  • 2,598 ft²
33451 N Sears Boulevard, Grayslake, IL, 60030 Listing by Kathleen Bak

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX Center
Last Updated: 2 years ago
Data Source: MRED, MLS# 06424892
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 856 Sheffield Lane built and last sold?
The property at 856 Sheffield Lane was built in 1987 and last sold on Feb 13, 2020 for $178,000.
How much is this home worth?
The estimated value of the home located at 856 Sheffield Lane is $0.
What are some comparable homes to 856 Sheffield Lane?
There are currently no comparable homes to 856 Sheffield Lane.
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