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Northbrook 60062
1026 Longaker Road
$410,000
● House - Off Market

1026 Longaker Road

Northbrook, IL 60062
bedrooms
3 Beds
bathrooms
2 Baths
$2,584
Est. Monthly
6.69%
Cap Rate

About This Property

GLENBROOK NORTH HS DISTRICT! BRING YOUR CONTRACTOR/HANDYMAN AND PUT THE FINISHING TOUCHES ON THIS 3 BED + MAIN LEVEL FAMILY ROOM + REC ROOM 2 BATH SPLIT-LEVEL HOME IN SOUGHT-AFTER NORTHBROOK NEIGHBORHOOD! SELLERS REDID THE KITCHEN AND OPENED IT TO RARE MAIN LEVEL FAMILY ROOM ADDITION W/ FIREPLACE, SKYLIGHTS AND PATIO DOOR WHICH LEADS OUT TO A MASSIVE FENCED IN YARD - IDEAL FOR INDOOR/OUTDOOR ENTERTAINING; VAULTED CEILINGS IN LIVING/DINING AREA W/ HARDWOOD FLOORS T/O THE FIRST TWO LEVELS; LARGE PRIMARY BEDROOM AND GREAT SIZE SECONDARY BEDROOMS W/ GENEROUS CLOSET SPACE T/O; TILED LOWER LEVEL REC ROOM PROVIDES MANY OPTIONS - GUEST SUITE, WORK-FROM-HOME SETUP, MEDIA ROOM, ETC; NO GARAGE BUT PLENTY OF PARKING ON THE DRIVEWAY AND STREET; NEW SIDING, FURNACE & AC UNIT (2024); AS-IS SALE!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$622
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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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.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,114
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,514
  • Gross Building Area: 1,514
  • Building Area: 1,514
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,514
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHBROOK EAST UNIT4
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (NORTHBROOK)(EAST)(UNIT4) RESUB OF PT BLK2, ALL BLK3 PT BLK16-17 & VAC PTS STS IN HUGHES-BROWN-MOORE-CORP COLLINSWOOD SUB & L

Neighborhood

  • School District Name: Northbrook School District 28
  • Census Tract: 801800

Geography

  • District: 25
  • Parcel: 04-11-217-070-0000
  • Block: 2,3,7
  • Lot: A,BLK
  • Meridian: SEC 11 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1341
  • Longitude: -87.7932

    Address

  • Full Address: 1026 Longaker Rd
  • Legal Unit: 4
  • Address - House Number: 1026
  • Address - Street Name: Longaker
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C005
  • 4-Digit Zip Code: 3922
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $721,900
  • Tax Rate Code Area: 25032

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 457,493
  • High Value: 562,282
  • Low Value: 352,705

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $118,480
  • Market Improvement Value: $241,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $11,848
  • Assessed Improvements Value: $24,152

    Sales

  • Current Sale Contract Date: Mar 12, 2013
  • Current Sale Recording Date: Apr 10, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1310026038
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:

$717,000

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

46

Average Home Size

3179 ft²

Average Home Age

36.3 years

Currently For Sale

64 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 1002 Kensington Drive, Northbrook, IL, 60062

$2,950 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
1002 Kensington Drive, Northbrook, IL, 60062 Listing by Svetlana Oleinik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mario Greco, Compass
Data Source: MRED, MLS# MRD12291459
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 1026 Longaker Road built and last sold?
The property at 1026 Longaker Road was built in 1955 and last sold on Mar 12, 2013 for $280,000.
How much is this home worth?
The estimated value of the home located at 1026 Longaker Road is $0.
What are some comparable homes to 1026 Longaker Road?
There are currently no comparable homes to 1026 Longaker Road.
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