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Third Lake 60030 Sunshine
9 Sunshine Avenue
$314,900
● House - Off Market

9 Sunshine Avenue

Third Lake, IL 60030
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,144 Ft²
$2,111
Est. Monthly
7.76%
Cap Rate

About This Property

Charming Ranch in Desirable Third Lake Subdivision!  This beautifully updated ranch-style home sits on a generous lot and offers 3 bedrooms, a kitchen, dining room, and an attached 2-car garage. Freshly painted with new flooring throughout, the interior is move-in ready. Step outside and enjoy the expansive 18x28 deck-perfect for relaxing or entertaining. Conveniently located with easy access to I-94, shopping, dining, entertainment, and just 15 minutes from the Illinois-Wisconsin border. A perfect blend of modern comfort and prime location-don't miss this great opportunity!
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$275
Property Type
House
Property Taxes
$564
HOA Dues
-
Year Built
1989

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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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,504
  • Total Building Area: 1,624
  • Gross Building Area: 1,624
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECOND ADD
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: SECOND ADD TO SUNSHINE SUB SWLY 25 LOT 62 & NELY 37.5 LOT 63 LOT 63

Neighborhood

  • School District Name: Grayslake Community High School District 127
  • Census Tract: 861106

Geography

  • Assessors Map Reference: 2476-C6
  • District: AVON
  • Parcel: 06-13-403-022
  • Lot: 62,63
  • Municipality: TWP OF AVON
  • Latitude: 42.3744
  • Longitude: -88.0099

    Address

  • Full Address: 9 Sunshine Ave
  • Address - House Number: 9
  • Address - Street Name: Sunshine
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Third Lake
  • Carrier Code: R007
  • 4-Digit Zip Code: 9006
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $656,104
  • Tax Rate Code Area: 7056

    Appraisal Valuation

  • Standard Deviation: 0.172
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 255,259
  • High Value: 299,180
  • Low Value: 211,338

    Market Valuation

  • Market Total Value: $186,969
  • Market Land Value: $42,874
  • Market Improvement Value: $144,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,317
  • Assessed Land Value: $14,290
  • Assessed Improvements Value: $48,027

    Sales

  • Current Sale Contract Date: Oct 15, 1997
  • Current Sale Recording Date: Oct 28, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4039578
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 Sunshine

Stats & Trends

Median Asking:

$347,500

Sale Price/ft²

$187

Above Asking

0.00%

Average Days on Market

54

Average Home Size

1423 ft²

Average Home Age

53 years

Currently For Sale

1 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 18660 W Pamela Place, Gurnee, IL, 60031

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
18660 W Pamela Place, Gurnee, IL, 60031 Listing by Jim Cacioppo
Unit for rent at 34904 N Carvis Drive, Lake Villa, IL, 60046

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,133 ft²
34904 N Carvis Drive, Lake Villa, IL, 60046 Listing by Kasim Alnafoosi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Roberto Sanchez, Century 21 Integra
Data Source: MRED, MLS# MRD12426302
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 9 Sunshine Avenue built and last sold?
The property at 9 Sunshine Avenue was built in 1989 and last sold on Oct 15, 1997 for $76,000.
How much is this home worth?
The estimated value of the home located at 9 Sunshine Avenue is $0.
What are some comparable homes to 9 Sunshine Avenue?
There are currently no comparable homes to 9 Sunshine Avenue.
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