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Pingree Grove 60140
893 EMERALD Drive
$268,000
● House - Off Market

893 EMERALD Drive

Pingree Grove, IL 60140
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,728 Ft²
$2,011
Est. Monthly
$300
HOA / Fees
6.63%
Cap Rate

About This Property

BUY A LIFESTYLE! SPACIOUS LIVING ROOM/DINING ROOM WELCOMES YOU TO THIS CONTEMPORARY 2 STORY TOWNHOME WITH LOWER LEVEL FAMILY ROOM! LARGE BRIGHT KITCHEN WITH PANTRY AND SEPARATE EATING AREA! 2 HUGE MASTER SUITES, EACH WITH ITS OWN PRIVATE BATH AND FULL WALL OF CLOSETS! CONVENIENT 2ND FLOOR LAUNDRY! AWARD WINNING SCHOOLS! ENJOY ALL THAT CAMBRIDGE LAKES OFFERS: POOL,CLUBHOUSE,EXERCISE FACILITIES,PARKS, BALL FIELDS & MUCH MORE! IN 2017 ALL FLOORING REPLACED AND APPLIANCES REPLACED.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
-
Price per sqft
$156
Property Type
House
Property Taxes
$385
HOA Dues
$300
Year Built
2006

Payment Calculator

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMBRIDGE LAKES
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CAMBRIDGE LAKES UNIT 2 LT 3204

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850710

Geography

  • Parcel: 02-28-309-012
  • Lot: 3204
  • Municipality: RUTLAND
  • Latitude: 42.0847
  • Longitude: -88.4303

    Address

  • Full Address: 893 Emerald Dr
  • Legal Unit: 2
  • Address - House Number: 893
  • Address - Street Name: Emerald
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Pingree Grove
  • Carrier Code: R007
  • 4-Digit Zip Code: 9114
  • Zip Code: 60140

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $499,234
  • Tax Rate Code Area: RU021

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 249,809
  • High Value: 291,711
  • Low Value: 207,907

    Market Valuation

  • Market Total Value: $175,687
  • Market Land Value: $36,104
  • Market Improvement Value: $139,583

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,539
  • Assessed Land Value: $12,030
  • Assessed Improvements Value: $46,509

    Sales

  • Current Sale Contract Date: Nov 15, 2017
  • Current Sale Recording Date: Dec 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K063237
  • Previous Sale Recording Date: Jan 07, 2016
  • Previous Sale Contract Date: Jan 05, 2016
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 71

    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 Pingree Grove

Stats & Trends

Median Asking:

$355,000

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2033 ft²

Average Home Age

14 years

Currently For Sale

22 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 2250 Aurora Drive, Pingree Grove, IL, 60140

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,099 ft²
2250 Aurora Drive #1, Pingree Grove, IL, 60140 Listing by Amanda Jones
Unit for rent at 1306 Shamrock Lane, Pingree Grove, IL, 60140

$2,395 /mo

  • 2 Beds
  • 1 Bath
  • 1,631 ft²
1306 Shamrock Lane, Pingree Grove, IL, 60140 Listing by Sarah Leonard

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ream Masoud, Dream Realty Services
Data Source: MRED, MLS# MRD12483426
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 893 Emerald Drive built and last sold?
The property at 893 Emerald Drive was built in 2006 and last sold on Nov 15, 2017 for $141,000.
How much is this home worth?
The estimated value of the home located at 893 Emerald Drive is $0.
What are some comparable homes to 893 Emerald Drive?
There are currently no comparable homes to 893 Emerald Drive.
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