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Northbrook 60062
1008 Shermer Road
$432,000
● House - Off Market

1008 Shermer Road

Northbrook, IL 60062
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,128 Ft²
$523,310
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Elegant colonial home in fantastic location on the edge of the Somme Woods Forest Preserve. Recently updated inside and out, this beautiful home is bright and inviting. Living room features a wood-burning fireplace and panoramic windows. Formal dining room next door. Both have beautiful hardwood floors. White kitchen with stainless steel appliances and granite countertops, breakfast bar and French doors leading to the cedar deck. Family room also opens up to the deck. Lush and landscaped backyard backs up to the forest preserve - never to be developed. Finished basement with recreation room, full bath and plenty of storage. Detached 2.5 car garage. Come fall in love with this New England style home in the heart of Northbrook just blocks from all the shops, restaurants, and train.
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$223
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1928

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11134144)

Price History

Date / Event Date Event Price
Dec 20, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed by Coldwell Banker Realty $475,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,150
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ZOLLWEGS SUB
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (SUBDIVISION) OF LT3 IN ZOLLWEGS SUB OF W7 1/3ACS OF N1/4 OF SH NE SEC 10-42-12

Neighborhood

  • School District Name: Northbrook School District 28
  • Census Tract: 801500

Geography

  • District: 25
  • Parcel: 04-10-200-011-0000
  • Lot: 3
  • Meridian: SEC 10 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1343
  • Longitude: -87.8174

    Address

  • Full Address: 1008 Shermer Rd
  • Address - House Number: 1008
  • Address - Street Name: Shermer
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C029
  • 4-Digit Zip Code: 3783
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,020,914
  • Tax Rate Code Area: 25188

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 539,827
  • High Value: 662,735
  • Low Value: 416,919

    Market Valuation

  • Market Total Value: $460,000
  • Market Land Value: $105,950
  • Market Improvement Value: $354,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,000
  • Assessed Land Value: $10,595
  • Assessed Improvements Value: $35,405

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2135704213
  • Previous Sale Recording Date: Jul 09, 1997
  • Previous Sale Contract Date: Jun 27, 1997
  • Previous Sale Amount: $232,500
  • 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 Northbrook

Stats & Trends

Median Asking:

$715,000

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2913 ft²

Average Home Age

45.4 years

Currently For Sale

65 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 1655 Lake Cook Road, Highland Park, IL, 60035

$4,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,886 ft²
1655 Lake Cook Road #343, Highland Park, IL, 60035 Listing by Ethan Nagar
Unit for rent at 1755 Lake Cook Road, Highland Park, IL, 60035

$4,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,886 ft²
1755 Lake Cook Road #220, Highland Park, IL, 60035 Listing by Ethan Nagar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Diana Matichyn, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11134144
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 1008 Shermer Road built and last sold?
The property at 1008 Shermer Road was built in 1928 and last sold on Dec 20, 2021 for $432,000.
How much is this home worth?
The estimated value of the home located at 1008 Shermer Road is $0.
What are some comparable homes to 1008 Shermer Road?
There are currently no comparable homes to 1008 Shermer Road.
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