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Glenview 60025
1068 Shermer Road
$385,000
● House - Off Market

1068 Shermer Road

Glenview, IL 60025
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
950 Ft²
$2,503
Est. Monthly
$296
HOA / Fees
4.98%
Cap Rate

About This Property

Unique complex of two buildings (12 units). Walk to Roosevelt Park/Pool ,the Glen, downtown Glenview,and  train station.    This beautiful townhome features hardwood floors on first and second floors.  Custom kitchen with stainless appliances and quartz countertops. living room , dining , and half bath.  Two large bedrooms on second floor with full hall bath.  Lower level features finished additional living space as well as in unit laundry.  Attached garage.
Unit Size
950 Ft²
Days on Market
-
Land Size
-
Price per sqft
$420
Property Type
House
Property Taxes
$248
HOA Dues
$296
Year Built
1992

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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.

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,411
  • Total Building Area: 950
  • Gross Building Area: 950
  • Building Area: 950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 950
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK DWELLINGS CONDO
  • Land Acres: 0000001043
  • Standard Land Use Code: 1004
  • County Land Use Code: 2-99
  • Legal Description 1: UD-E PARK DWELLINGS CONDO 2 E1/2 N W1/4 S34 T42N R12E

Neighborhood

  • School District Name: Northfield Township High School District 225
  • Census Tract: 802002

Geography

  • District: 25
  • Parcel: 04-34-104-141-1010
  • Meridian: SEC 34 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.0745
  • Longitude: -87.8208

    Address

  • Full Address: 1068 Shermer Rd
  • Address - House Number: 1068
  • Address - Street Name: Shermer
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Glenview
  • Carrier Code: C079
  • 4-Digit Zip Code: 2730
  • Zip Code: 60025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $455,332
  • Tax Rate Code Area: 25038

    Appraisal Valuation

  • Standard Deviation: 0.2203
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 309,554
  • High Value: 377,774
  • Low Value: 241,335

    Market Valuation

  • Market Total Value: $245,900
  • Market Land Value: $62,700
  • Market Improvement Value: $183,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,590
  • Assessed Land Value: $6,270
  • Assessed Improvements Value: $18,320

    Sales

  • Current Sale Contract Date: Nov 03, 2015
  • Current Sale Recording Date: Nov 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1530949061
  • Previous Sale Recording Date: Mar 05, 2002
  • Previous Sale Contract Date: Feb 28, 2002
  • Previous Sale Amount: $200,000
  • 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 Glenview

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2720 ft²

Average Home Age

45.2 years

Currently For Sale

58 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 8887 N Grace Avenue, Niles, IL, 60714

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
8887 N Grace Avenue #1, Niles, IL, 60714 Listing by Dana Surcel
Unit for rent at 8970 N Parkside Avenue, Des Plaines, IL, 60016

$2,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
8970 N Parkside Avenue #304, Des Plaines, IL, 60016 Listing by Meldina Dervisevic

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Beth O'Grady, Berkshire Hathaway HomeServices Chicago
Data Source: MRED, MLS# MRD12210281
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 1068 Shermer Road built and last sold?
The property at 1068 Shermer Road was built in 1992 and last sold on Nov 3, 2015 for $212,000.
How much is this home worth?
The estimated value of the home located at 1068 Shermer Road is $0.
What are some comparable homes to 1068 Shermer Road?
There are currently no comparable homes to 1068 Shermer Road.
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