NOT LISTED FOR SALE

274 S Lake St Grayslake, IL 60030

Estimated Value: $1,067,000 - $2,295,000

1 Bed
1 Bath
-- Sq Ft
0.36 Acres

Highlights

  • Lake Front
  • Skylights
  • Forced Air Heating System
  • Grayslake Central High School Rated A
  • Storage
  • Southern Exposure

About This Home

As of November 2015

*RENTAL* Neutral immaculate apartment in quiet building on Grayslake. Freshly Painted and new carpeting with oak cabinets in kitchen and bath. Skylight, double sink and newer appliances in Kitchen. Wonderful location near town & train. Laundry and additional storage in building. Water rights to Grayslake. Non-smoker only. Credit check, security deposit and one year lease required. No Pets! Secured Building.

Last Agent to Rent the Property

Bonnie Cerveny

Coldwell Banker Realty License #475146927 Listed on: 10/20/2015

Last Renter's Agent

Bonnie Cerveny

Coldwell Banker Realty License #475146927 Listed on: 10/20/2015

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $16,282

Year Built

  • 1988

Lot Details

  • Lake Front
  • Southern Exposure

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Cedar

Interior Spaces

  • Skylights
  • Storage
  • Storm Screens

Parking

  • Parking Available
  • Driveway
  • Visitor Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$16,282

Year Built

1988

Lot Details

0

Rental Info

  • Available: 10/20/2015
  • Fees Approvals: Credit Report, Interview Req Bd Date, Refundable Damage Deposit
  • Lease Terms: 1 Year Lease
  • Monthly Lot Rental Included: Water, Parking, Scavenger, Storage Lockers
  • Security Deposit: 875

Listing Details

  • Property Type: Residential Rental
  • Type Attached: Low Rise (1-3 Stories)
  • Unit Floor Level: 2
  • Age: 26-30 Years
  • Special Features: None
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Interior Property Features: Skylight(s), Storage
  • Number Of Rooms: 3
  • Equipment: TV-Cable
  • Bedrooms All Levels: 1
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 13X12
  • Master Bedroom Flooring: Carpet
  • Living Room Level: 2nd Level
  • Living Room Size: 19X13
  • Living Room Flooring: Carpet
  • Kitchen Level: 2nd Level
  • Kitchen Size: 12X11
  • Kitchen Flooring: Vinyl
  • Additional Rooms: No additional rooms

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Cedar
  • Waterfront: Yes
  • Exterior Property Features: Storms/Screens
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Unassigned, Visitor Parking
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Management: Manager Off-site
  • Pet Information: No Pets
  • Common Area Amenities: Boat Dock, Coin Laundry, Security Door Locks

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON GROUNDS
  • Lot Description: Lake Front

Multi Family

  • Total Number Unitsin Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Herbes Ronlad L and Ronald L Herbes Revocable Trus
Bought by
Lake Shore Flats Llc
Current Estimated Value
$1,681,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2019
Sold by
Herbes Ronald L
Bought by
Herbes Ronald L and Ronald L Herbes Revocable Trust

Purchase Details

Closed on
Jan 9, 2003
Sold by
Herbes Ronald L
Bought by
Herbes Ronald L and Ronald L Herbes Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lake Shore Flats Llc $1,400,000 Chicago Title Insurance Co
Herbes Ronald L -- Chicago Title
Herbes Ronald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lake Shore Flats Llc $1,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2015 11/25/15 Rented $875 0.0% --
11/24/2015 11/24/15 Under Contract -- -- --
10/20/2015 10/20/15 For Rent $875 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,282 $150,867 $27,901 $122,966
2023 $8,375 $138,461 $25,607 $112,854
2022 $16,661 $138,947 $33,246 $105,701
2021 $17,179 $138,947 $33,246 $105,701
2020 $16,031 $127,107 $31,633 $95,474
2019 $16,034 $121,948 $30,349 $91,599
2018 $17,978 $137,226 $31,452 $105,774
2017 $17,924 $129,081 $29,585 $99,496
2016 $17,317 $120,394 $27,310 $93,084
2015 $17,194 $116,299 $24,950 $91,349
2014 $13,815 $88,342 $29,614 $58,728
2012 $13,479 $92,263 $30,928 $61,335
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09068631

Midwest Real Estate Data (MRED)

APN: 06-34-200-035