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For sale by owner
    • $350,000

    162 Hemingway Ct, Vernon Hills, IL 60061

    3beds
    2baths
    1,424sqft
    : 
    $3,022/mo
    Get pre-qualified
    MultiFamily
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $246/sqft
    $345/mo HOA

    What's special

    Neighborhood swimming poolsGoogle nest smart thermostatSingle-story ranch-style condoTennis courtsNatural gas heatingIn-unit laundry hookupsAmple guest parking
    CALLING ALL INVESTORS! ? Prime Turnkey Investment Opportunity | Fully Tenanted Townhome in Vernon Hills Maximize your portfolio from day one with this high-yield, low-maintenance turnkey investment property located at 162 Hemingway Ct. This highly desirable, single-story ranch-style condo features a spacious 3-bedroom, 2-bathroom layout encompassing approximately 1,424 square feet of finished living space—perfectly designed for long-term tenant retention. Investment Highlights: ? Immediate Cash Flow: Sold with a reliable, vetted, turnkey tenant already in place. Enjoy zero vacancy days, no immediate leasing fees, and predictable rental income from the moment you close. ? Low-Maintenance Ownership: The stable Homeowners Association covers exterior maintenance, lawn care, snow removal, and common insurance, significantly reducing capital expenditure risks and hands-on management. ? Premium Tenant Amenities: The community offers top-tier amenities that ensure ongoing tenant demand, including neighborhood swimming pools, tennis courts, walking trails, and direct boat dock/lake access. Property & Location Highlights: ? Desirable 1-story open-concept layout with central A/C, natural gas heating, an attached 1-car garage, and in-unit laundry hookups. ? Unbeatable cul-de-sac location backing up to Big Bear Lake and New Century Park. ? Situated in a high-demand rental market fueled by top-rated local schools (Hawthorn District 73 and Vernon Hills High School District 128). ? Minutes away from major employment and retail hubs, including Mellody Farm, Hawthorn Mall, Costco, and the Route 60 commercial corridor. Skip the renovation headaches and leasing hassles. Acquire a stabilized, income-generating asset in one of the North Shore suburbs' most resilient real estate markets. ? Updates: New windows in 2023 including 2 large sliders that bring you out to your patio with views of Big Bear Lake and a large green space, one of the best locations in the subdivision! ? AMENITIES & EXTRAS: - Enjoy breakfast in the sunny nook listening to the morning news or your favorite music from the built-in bluetooth speaker/light fixture - Convenient in-unit washer and dryer - Attached one-car garage + ample guest parking - Enjoy breakfast in the sunny nook listening to the morning news or your favorite music from the built-in bluetooth speaker/light fixture - Convenient in-unit washer and dryer - Attached one-car garage + ample guest parking - Google Nest smart thermostat
    What the owner loves about this home
    Immediate turn key property. For sale by owner. Occupied by great tenants.
    3 days
    260
    11
    Listed by:

    Property Owner (917) 569-0746

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Forced air, Gas
      Cooling
      • Central, Other
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Hardwood
      • Basement: None
      Interior area
      • Total interior livable area: 1,424 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage - Attached, Garage - Detached, On-street
      Features
      • Exterior features: Other, Vinyl, Wood
      • On waterfront: Yes
      Details
      • Parcel number: 1133101252

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1985

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $345 monthly
      Location
      • Region: Vernon Hills

      Financial & listing details

      • Price per square foot: $246/sqft
      • Tax assessed value: $248,248
      • Annual tax amount: $7,388
      • Date on market: 11/1/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,557/mo

        Price history

        DateEventPrice
        11/1/2026Listed for sale$350,000+146.5%$246/sqft
        Source: Owner Report a problem
        9/13/2024Listing removed$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        8/16/2024Listed for rent$2,500+72.4%$2/sqft
        Source: Zillow Rentals Report a problem
        4/8/2014Listing removed$1,450$1/sqft
        Source: Postlets Report a problem
        1/22/2014Listed for rent$1,450$1/sqft
        Source: Postlets Report a problem
        2/2/2013Listing removed$1,450$1/sqft
        Source: Chase Real Estate, LLC #08255468 Report a problem
        1/25/2013Sold$142,000-0.3%$100/sqft
        Source: Public Record Report a problem
        1/24/2013Listed for rent$1,450$1/sqft
        Source: Chase Real Estate, LLC #08255468 Report a problem
        12/15/2012Listed for sale$142,400+4.3%$100/sqft
        Source: Remax Plaza #08228954 Report a problem
        3/5/1997Sold$136,500$96/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,388 +3.6%$88,240 +6.6%
        2023$7,131 +12.3%$82,741 +8.4%
        2022$6,347 +4.4%$76,316 +12.2%
        2021$6,081 +3.7%$67,996 +3.9%
        2020$5,865 +2.6%$65,414 +1%
        2019$5,716 +23.2%$64,792 +19.5%
        2018$4,639 $54,227 +3.3%
        2017$4,639 +5.2%$52,515 +5.5%
        2016$4,412 +9.5%$49,791 +7%
        2015$4,028 -4.5%$46,538 +10.6%
        2014$4,219 -12.9%$42,074 -4%
        2012$4,843 -3.5%$43,839 -27.6%
        2011$5,017 -0.6%$60,573 -7%
        2010$5,045 +3.7%$65,132 -5.6%
        2009$4,865 +3.5%$69,016 +3%
        2008$4,699 +9.4%$66,980 +7.7%
        2006$4,294 +17.4%$62,205
        2005$3,659 +7.4%--
        2004$3,406 +0.4%--
        2003$3,392 0%--
        2002$3,392 +144.9%--
        2001$1,385 -48.8%$40,254 +2.6%
        2000$2,703 $39,238
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 60061

        Getting around

        57 / 100
        Somewhat Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 128

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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