887 RiversideGurnee, IL 60031

  • Investment properties
  • 2,410 SF
Off market
$27,551,700 Estimated

Property Details for 887 Riverside

Year built
1953
Construction
FRAME
Lot size
2.75 AC
Property size (Sq ft)
2,410 SF
Property type
Investment properties
Property subtype
Live-work space
APN
07-27-300-008
APU
727300008

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $435,154
    6.5%
    $401,681
    7%
    $372,989
  • Comparable approach

    Method
    Valuation
    Relative Method
    $244,671
    Geo Method
    $313,902
  • Alternative Use

    Use
    Valuation
    Residential
    $498,084
    Hospitality
    $456,242
    Educational
    $379,588
    Medical
    $392,643
    Retail
    $590,471

Location Insight

City
Gurnee
County
Lake
State
Illinois
Latitude
42.345
Longitude
-87.9432
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,359
$70,938
$154,761
$225,699
-
$212,835
$464,329
$677,164

FAQs

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