$1,199,000
●
House -
Off Market
1040 Hohlfelder Road
Glencoe, IL 60022
5 Beds
8 Baths,
1
Half Bath
6,000 Ft²
$1,336,970
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Many recent improvements have been completed to this newer
brick and limestone home on a half-acre with beautiful
landscaped grounds. Special features include an outstanding
kitchen with quartzite counter tops, white cabinets and high end
appliances. The two story family room with 20 foot ceilings
and double sided fireplace is the highlight of the first floor.
A second master bedroom suit, open living room and dining
room areas and a power room completes the first floor. The spacious
second floor master bedroom suit has a newly renovated luxurious
bath spa and a private balcony. The Second floor also features
three additional en-suit bedrooms, an office with doors opening to
a roof top deck and loft. The basement recreation room with bar,
game room and 6th bedroom, full bath, sauna and plenty of storage.
A 3+ car attached garage completes this outstanding
home!!!
Unit Size
6,000 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$200
Property Type
House
Property Taxes
$901
HOA Dues
-
Year Built
1931
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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 #11092964)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2021 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by Berkshire Hathaway HomeServices Chicago | $1,199,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| Jul 9, 2017 | Listed | $1,999,000 | |
| Listed | |||
| | |||
|
This impressive 6 BR- 61/2 BA residence with its stately brick & limestone facade, situated on over 1/2 acre lot, creates an unparalleled private & tranquil setting. The grand foyer & sweeping staircase introduces the sundrenched interior characterized by graceful design & fine craftsmanship, featuring a remarkable 2-sty LR, gracious arched windows, gorgeous newly refinished inlaid hardwood flrs, a 2sided marble FPLC, open LR/DR areas. A Gourmet chef's Island kitchen w/ high-end appls. & abundance of custom cabinetry, opens to expansive casual DR, flowing into the intimate formal DR. 1st flr MBR Suite, Powder Rm & Family Rm w/ French Drs leading to the lush green space, enclosed by natural wall of tall mature Arbor Vitae. 2nd story offers stunning overlook to LR, spectacular MBR suite w/enormous spa like BA, lrg WIC & priv. balcony, 3 lrg en-suite BRs plus Office w/doors opening to rooftop deck. Lower lvl feats sprawling rec. area w/ wet bar & FRPLC, 6th bedrm suite, & luxurious Sauna The manager has listed the unit size as 7591 square feet.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Glencoe
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Listed by: Joseph Nash, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11092964
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, MLS# 11092964
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