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Winthrop Harbor 60096 Shore Acres
911 Shields Avenue
$195,000
● House - Off Market

911 Shields Avenue

Winthrop Harbor, IL 60096
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,536 Ft²
$221,898
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

If you are looking for move-in ready, this is it!! Schedule your appointment to see this 3 Bedroom (plus bonus room in lower level), 1 1/2 Bathroom Raised Ranch located in the Heart of Winthrop Harbor today. Walking Distance to the Elementary and Middle School, Across the street from the Schlader Building and the Park. Home features a 2 1/2 car detached garage as well as a 1 car attached pull-thru garage. It also has a fenced in yard, Newer Carpeting, Some New Windows and Stainless Steel Appliances.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$130
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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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.

Last updated: 3 years ago (MRED MLS #11235352)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Oct 1, 2021 Listed by Netgar Investments Inc $198,999
Listed by Netgar Investments Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 290
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,523
  • Total Building Area: 1,058
  • Gross Building Area: 1,058
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHIELD S SUB.
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: SHIELD S SUB. LOT 18

Neighborhood

  • School District Name: Zion-Benton Township High School District 126
  • Census Tract: 860104

Geography

  • Assessors Map Reference: 2363-B6
  • District: BENTON
  • Parcel: 04-09-401-030
  • Lot: 18
  • Municipality: TWP OF BENTON
  • Latitude: 42.4783
  • Longitude: -87.8315

    Address

  • Full Address: 911 Shields Ave
  • Address - House Number: 911
  • Address - Street Name: Shields
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Winthrop Harbor
  • Carrier Code: C002
  • 4-Digit Zip Code: 1580
  • Zip Code: 60096

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $480,482
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 196,253
  • High Value: 213,935
  • Low Value: 178,572

    Market Valuation

  • Market Total Value: $157,078
  • Market Land Value: $17,831
  • Market Improvement Value: $139,247

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,354
  • Assessed Land Value: $5,943
  • Assessed Improvements Value: $46,411

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Jan 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7863581
  • Previous Sale Recording Date: Mar 03, 1997
  • Previous Sale Contract Date: Feb 28, 1997
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: 71
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 Shore Acres

Stats & Trends

Median Asking:

$359,950

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2185 ft²

Average Home Age

20 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

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MRED

Listed by: Stefanie Olvera, Netgar Investments Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11235352
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 911 Shields Avenue built and last sold?
The property at 911 Shields Avenue was built in 1961 and last sold on Nov 22, 2021 for $195,000.
How much is this home worth?
The estimated value of the home located at 911 Shields Avenue is $204,958.
What are some comparable homes to 911 Shields Avenue?
There are currently no comparable homes to 911 Shields Avenue.
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