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Northbrook 60062
1027 Western Avenue
$665,000
● House - Off Market

1027 Western Avenue

Northbrook, IL 60062
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,225 Ft²
$657,535
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Come see this 2 story classic Northbrook charmer in sought after District 28! The newer kitchen is open to the family room with vaulted ceiling, skylight, surround sound and lovely eating area. Hardwood floors, marble fireplace and French doors to the patio all add to this beauty. The first floor boasts a large play room with a wall of built-ins and a bay window offering extra seating. The fourth bedroom is currently being used as a first floor office. Upstairs hosts a great primary suite with huge closet and private bath. Across the hall are two more bedrooms and a second full bath. The basement houses the laundry and lots of storage space. A brand new driveway leads to the two car garage.  This is the perfect location for schools, library and shopping!
Unit Size
2,225 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$292
Property Type
House
Property Taxes
$854
HOA Dues
-
Year Built
1944

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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 #11403684)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
May 13, 2022 Listed by Coldwell Banker Realty $650,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • 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: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,052
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,027
  • Gross Building Area: 2,027
  • Building Area: 2,027
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,027
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHBROOK HIGHLANDS UNIT1
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (NORTHBROOK)(HIGHLANDS)(UNIT1) A SUB OF PT OF THE SW NE SEC 09-42-12

Neighborhood

  • School District Name: Northbrook School District 28
  • Census Tract: 801702

Geography

  • District: 25
  • Parcel: 04-09-202-002-0000
  • Block: 1
  • Lot: 15,16
  • Meridian: SEC 09 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1336
  • Longitude: -87.8384

    Address

  • Full Address: 1027 Western Ave
  • Legal Unit: 1
  • Address - House Number: 1027
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C038
  • 4-Digit Zip Code: 3465
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,218,711
  • Tax Rate Code Area: 25032

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 685,404
  • High Value: 841,457
  • Low Value: 529,351

    Market Valuation

  • Market Total Value: $550,000
  • Market Land Value: $128,830
  • Market Improvement Value: $421,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,000
  • Assessed Land Value: $12,883
  • Assessed Improvements Value: $42,117

    Sales

  • Current Sale Contract Date: Jun 03, 2022
  • Current Sale Recording Date: Jul 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39113
  • Previous Sale Recording Date: Jul 09, 2012
  • Previous Sale Contract Date: Jun 20, 2012
  • Previous Sale Amount: $552,500
  • Previous Sale Document Type: 71
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

45

Average Home Size

3031 ft²

Average Home Age

38.1 years

Currently For Sale

66 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 335 Milford Road, Deerfield, IL, 60015

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 2,106 ft²
335 Milford Road, Deerfield, IL, 60015 Listing by Ping Dong

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Katie Marx, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11403684
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 1027 Western Avenue built and last sold?
The property at 1027 Western Avenue was built in 1944 and last sold on Jun 3, 2022 for $665,000.
How much is this home worth?
The estimated value of the home located at 1027 Western Avenue is $0.
What are some comparable homes to 1027 Western Avenue?
There are currently no comparable homes to 1027 Western Avenue.
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