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Lake Forest 60045
890 W Deerpath Road
$575,000
● House - Off Market

890 W Deerpath Road

Lake Forest, IL 60045
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$4,031
Est. Monthly
3.80%
Cap Rate

About This Property

Just under 1 acre of land!  If you're looking for a sizeable yard, this is a must see.  This single level home features 3 bedrooms and 2 bathrooms, Wood burning fireplace, sunroom, and 2 car attached garage round out this vintage home.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$295
Property Type
House
Property Taxes
$1,133
HOA Dues
-
Year Built
1953

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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 #12014838)

Price History

Date / Event Date Event Price
May 6, 2024 Sold
Premium
Sold
Mar 29, 2024 Listed by 29 Hutch LLC $589,950
Listed by 29 Hutch LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,036
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,502
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 3,571
  • Gross Building Area: 3,571
  • Building Area: 2,073
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,073
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTMORELAND ACRES
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WESTMORELAND ACRES LOT 2

Neighborhood

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

Geography

  • District: SHIELDS
  • Parcel: 12-31-210-015
  • Lot: 2
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2476
  • Longitude: -87.8689

    Address

  • Full Address: 890 W Deerpath
  • Address - House Number: 890
  • Street Direction: W
  • Address - Street Name: Deerpath
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C018
  • 4-Digit Zip Code: 1615
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,359,868
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 850,342
  • High Value: 995,333
  • Low Value: 705,352

    Market Valuation

  • Market Total Value: $719,207
  • Market Land Value: $385,010
  • Market Improvement Value: $334,197

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,712
  • Assessed Land Value: $128,324
  • Assessed Improvements Value: $111,388

    Sales

  • Current Sale Contract Date: Nov 10, 2005
  • Current Sale Recording Date: Dec 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5921770
  • Previous Sale Recording Date: Aug 10, 2005
  • Previous Sale Contract Date: Jun 28, 2005
  • Previous Sale Amount: $812,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Lake Forest

Stats & Trends

Median Asking:

$1,349,500

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

50

Average Home Size

5721 ft²

Average Home Age

45.6 years

Currently For Sale

56 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 1301 N Western Avenue, Lake Forest, IL, 60045

$3,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,166 ft²
1301 N Western Avenue #231, Lake Forest, IL, 60045 Listing by Karen Schmid

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Peter Menachem, 29 Hutch LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12014838
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 890 West Deerpath Road built and last sold?
The property at 890 West Deerpath Road was built in 1953 and last sold on Nov 10, 2005 for $950,000.
How much is this home worth?
The estimated value of the home located at 890 West Deerpath Road is $0.
What are some comparable homes to 890 West Deerpath Road?
There are currently no comparable homes to 890 West Deerpath Road.
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