For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Wauconda 60084 Lakeside
908 Ridge Avenue
$240,000
● House - Off Market

908 Ridge Avenue

Wauconda, IL 60084
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,518 Ft²
$1,636
Est. Monthly

About This Property

Home with Lake Rights & Private Beach Access!  Enjoy the best of Wauconda living in this spacious 4-bedroom, 1.5-baths, just steps from beautiful Bangs Lake! Walking distance to downtown, restaurants, and shopping, this property offers comfort, convenience, and incredible potential. Step inside to a huge living and dining area featuring a cozy wood-burning fireplace, perfect for gatherings. The large kitchen provides plenty of room for a breakfast table or island setup. Home includes newer siding and gutters, newer roof and water heater-big-ticket updates already done for you! With city water and sewer, low taxes, and plenty of storage and closet space, this home is a great value. Bring your decorating ideas-some TLC will make this home shine. Sold in As-Is condition.
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$158
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1930

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,428
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,518
  • Gross Building Area: 1,518
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAIMAN-S 1ST ADDN.
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: MAIMAN-S 1ST ADDN. TO MAIMAN-S LAKESIDE SUB. LOT 109

Neighborhood

  • School District Name: Wauconda Community Unit School District 118
  • Census Tract: 864208

Geography

  • Assessors Map Reference: 2588-B6
  • District: WAUCONDA
  • Parcel: 09-24-427-004
  • Lot: 109
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.2731
  • Longitude: -88.1213

    Address

  • Full Address: 908 Ridge Ave
  • Address - House Number: 908
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Wauconda
  • Carrier Code: C002
  • 4-Digit Zip Code: 1454
  • Zip Code: 60084

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $561,336
  • Tax Rate Code Area: 13041

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 249,724
  • High Value: 296,602
  • Low Value: 202,845

    Market Valuation

  • Market Total Value: $191,095
  • Market Land Value: $31,119
  • Market Improvement Value: $159,976

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,692
  • Assessed Land Value: $10,372
  • Assessed Improvements Value: $53,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 14, 2018
  • Current Sale Recording Date: Dec 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7533925
  • Previous Sale Recording Date: Feb 27, 2001
  • Previous Sale Contract Date: Feb 15, 2001
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Lakeside

Stats & Trends

Median Asking:

$386,450

Sale Price/ft²

$200

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1956 ft²

Average Home Age

48.5 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 2539 Goldenrod Way, Wauconda, IL, 60084

$4,800 /mo

  • 3 Beds
  • 3 Baths
  • 2,218 ft²
2539 Goldenrod Way, Wauconda, IL, 60084 Listing by Gina Monroe

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sergio Cardoso, RE/MAX Suburban
Data Source: MRED, MLS# MRD12505311
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 908 Ridge Avenue built and last sold?
The property at 908 Ridge Avenue was built in 1930 and last sold on Nov 14, 2018 for $132,000.
How much is this home worth?
The estimated value of the home located at 908 Ridge Avenue is $242,299.
What are some comparable homes to 908 Ridge Avenue?
There are currently no comparable homes to 908 Ridge Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Wauconda Homes for Sale
Wauconda Houses for Sale
Wauconda Condos for Sale
Wauconda Townhouses for Sale
Wauconda Multifamily for Sale
Wauconda Land for Sale
Wauconda Commercial for Sale
Wauconda Homes with Basements
Nearby Cities
Lake Zurich Homes for Sale
Round Lake Homes for Sale
Hawthorn Woods Homes for Sale
Lake Barrington Homes for Sale
Island Lake Homes for Sale
Round Lake Park Homes for Sale
Volo Homes for Sale
Lakemoor Homes for Sale
Nearby Property Records
McHenry County, IL Property Records
Kane County, IL Property Records
Lake County, IL Property Records
DuPage County, IL Property Records
Kenosha County, WI Property Records
Walworth County, WI Property Records
Boone County, IL Property Records
DeKalb County, IL Property Records
Nearby Counties
Avon Homes for Sale
Ela Homes for Sale
Fremont Homes for Sale
Cuba Homes for Sale
Top Real Estate Agents
Top Agents in Lakeside
Top Agents in Wauconda
Top Agents in Avon
Top Agents in 60073
Top Agents in Ela
Top Agents in 60047
Top Agents in 60030
Top Agents in Fremont