$901,300
●
House -
Off Market
1037 Cherry Street
Winnetka, IL 60093
3 Beds
3 Baths,
1
Half Bath
$874,880
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Pretty, timeless Colonial, in the perfect Winnetka public school
location, no more than 3 blocks to all grade schools, Crow Island,
Skokie School, Washburne schools and parks everywhere! Pretty
sunlit older home with fireplace and recently refinished hardwood
floors throughout. A brand new kitchen efficient with beautiful
hardwood floors. On the 2nd floor is a large scale master suite
with walk in closet and entrance to bath that could share with
another large scale bedroom on the 2nd floor or be private.
There is a small 3rd bedroom right across from the 2nd full
bath. Are you looking for a small office at home or a nursery, it's
here, lined with windows. Steps walk you up stairs to a great
attic storage area. There is a finished recreaction room in
the basement for play area or storage. Pretty covered patio area
overlooks the back garden. Ever thought of having a 4 car garage,
it's possible, there are 2, 2 car garages and plenty of parking
area
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,020
HOA Dues
-
Year Built
1924
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 #)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | Listed by Baird & Warner | $975,000 | |
| Listed by Baird & Warner | |||
| | |||
|
This exceptional 3+ bedroom, 2.5 bath Colonial in the heart of Winnetka offers you a perfect blend of modern upgrades and classic appeal. Gleaming hardwood floors and an abundance of natural light flow throughout this elegant home. The 1st floor features a large living room with wood burning fireplace, separate dining room, spacious sunroom, powder room and renovated kitchen. On the 2nd floor, you will enjoy 3 spacious bedrooms including a primary suite with walk-in closet, 2 full baths, and an office which could easily be a 4th bedroom. The partially finished basement has plenty of space, featuring a recreation room, utility room with newer washer/dryer (2022), and storage. Enjoy the convenience of stairs which lead from the 2nd floor to a spacious attic, for additional storage. This comfortable, stylish home boasting 4 garage spaces (two 2-car garages), with its prime location, is ideally located close to town, schools, tennis/paddle, Golf Course, Winnetka Ice Arena, and parks.
| |||
| Mar 6, 2023 | Sold | ||
| Sold | |||
| Jan 25, 2023 | Listed by @properties Christie's International Real Estate | $849,000 | |
| Listed by @properties Christie's International Real Estate | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Winnetka
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Listed by: Cheryl Chambers, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED
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.
Last Updated: 3 years ago
Data Source: MRED
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