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Glencoe 60022
1090 Old Elm Lane
$746,000
● House - Off Market

1090 Old Elm Lane

Glencoe, IL 60022
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,331 Ft²
$780,103
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

GREAT HOME - GREAT LOCATION! Fall in love with this inviting, well maintained home located in a friendly neighborhood on a quiet tree lined street. The abundance of windows allow natural light to flood the generous living spaces as well as the second floor bedroom level.   Primary and Bedroom #2 have small dressing areas not included in room size.  Hardwood floors under almost all carpeting.  Some new windows in 2009.  The expansive backyard offers space for all your outdoor activities. The Kitchen has an eating area that overlooks the aggregate patio and yard. There are granite counters, pantry closet with pull out shelves and stainless steel appliances. This is a sought after home close to town, train, parks, community center as well as the Chicago Botanic Garden.
Unit Size
2,331 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$337
Property Type
House
Property Taxes
$835
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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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 #11813699)

Price History

Date / Event Date Event Price
Sep 15, 2023 Sold
Premium
Sold
Jun 21, 2023 Listed by @properties Christie's International Real Estate $785,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,919
  • Total Building Area: 2,331
  • Gross Building Area: 2,331
  • Building Area: 2,331
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,331
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREEN MEADOW
  • Land Acres: 0000000297
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (GREEN) (MEADOW) SUB OF PT OF NW SW SEC 06-42-13

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 800200

Geography

  • District: 23
  • Parcel: 05-06-300-026-0000
  • Lot: 12
  • Meridian: SEC 06 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1435
  • Longitude: -87.7677

    Address

  • Full Address: 1090 Old Elm Ln
  • Address - House Number: 1090
  • Address - Street Name: Old Elm
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C008
  • 4-Digit Zip Code: 1273
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,687,229
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 900,642
  • High Value: 1,106,830
  • Low Value: 694,454

    Market Valuation

  • Market Total Value: $799,350
  • Market Land Value: $219,620
  • Market Improvement Value: $579,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,935
  • Assessed Land Value: $21,962
  • Assessed Improvements Value: $57,973

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 45036
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 Glencoe

Stats & Trends

Median Asking:

$2,149,500

Sale Price/ft²

$444

Below Asking

0.01%

Average Days on Market

41

Average Home Size

5552 ft²

Average Home Age

33.9 years

Currently For Sale

19 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 310 Jackson Avenue, Glencoe, IL, 60022

$3,800 /mo

  • 2 Beds
  • 2 Baths
310 Jackson Avenue, Glencoe, IL, 60022 Listing by Monica Childs
Unit for rent at 1725 Happ Road, Northbrook, IL, 60062

$4,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
1725 Happ Road, Northbrook, IL, 60062 Listing by Daniel Nierman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Diane Schwarzbach, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11813699
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 1090 Old Elm Lane built and last sold?
The property at 1090 Old Elm Lane was built in 1950 and last sold on Sep 8, 2023 for $746,000.
How much is this home worth?
The estimated value of the home located at 1090 Old Elm Lane is $821,027.
What are some comparable homes to 1090 Old Elm Lane?
There are currently no comparable homes to 1090 Old Elm Lane.
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