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Lake Forest 60045 Burtons Petite Estates
876 Castlegate Court
$710,000
● House - Off Market

876 Castlegate Court

Lake Forest, IL 60045
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,566 Ft²
$705,389
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Spacious and Bright 3 Bedroom / 2.1 Bath Ranch Home.  2 Car attached garage.  Huge Fenced In Backyard. Full Finished Basement has tons of possibilities for more bedrooms, space for a bathroom, storage and additional family space.  Roof is 5 yrs old and Newer Mechanicals make this a great home to bring your design ideas and move right in!!
Unit Size
2,566 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$267
Property Type
House
Property Taxes
$1,068
HOA Dues
-
Year Built
1958

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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 #11326371)

Price History

Date / Event Date Event Price
Mar 18, 2022 Sold
Premium
Sold
Feb 16, 2022 Listed by Berkshire Hathaway HomeServices Chicago $685,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 2,566
  • Garage Type: 1
  • Garage Square Area: 675
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,804
  • Total Building Area: 5,807
  • Gross Building Area: 6,080
  • Building Area: 2,566
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,566
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PERCY WILSONS RESUB
  • Land Acres: 0000000799
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PERCY WILSONS RESUB OF LE ROY BURTONS PETITE ESTS. LOT 2

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 863500

Geography

  • Assessors Map Reference: 2649-C2
  • District: SHIELDS
  • Parcel: 12-31-206-009
  • Lot: 2
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2529
  • Longitude: -87.8683

    Address

  • Full Address: 876 Castlegate Ct
  • Address - House Number: 876
  • Address - Street Name: Castlegate
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C034
  • 4-Digit Zip Code: 1633
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,494,094
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 773,380
  • High Value: 935,144
  • Low Value: 611,616

    Market Valuation

  • Market Total Value: $710,000
  • Market Land Value: $367,231
  • Market Improvement Value: $342,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,643
  • Assessed Land Value: $122,398
  • Assessed Improvements Value: $114,245

    Sales

  • Current Sale Contract Date: Mar 09, 2022
  • Current Sale Recording Date: Mar 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7889102
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 Burtons Petite Estates

Stats & Trends

Median Asking:

$1,995,000

Sale Price/ft²

$380

Above Asking

0.00%

Average Days on Market

50

Average Home Size

5252 ft²

Average Home Age

96 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

Rentals Near You

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MRED

Listed by: Pete Mangione, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11326371
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 876 Castlegate Court built and last sold?
The property at 876 Castlegate Court was built in 1958 and last sold on Mar 9, 2022 for $710,000.
How much is this home worth?
The estimated value of the home located at 876 Castlegate Court is $0.
What are some comparable homes to 876 Castlegate Court?
There are currently no comparable homes to 876 Castlegate Court.
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