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Northbrook 60062
1137 Midway Road
$360,000
● House - Off Market

1137 Midway Road

Northbrook, IL 60062
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,068 Ft²
$368,436
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Something special this way comes! Incredible opportunity to own a lovely 3 Bedroom, 2 Full Bathroom ranch home in east Northbrook. Gleaming hardwood floors throughout and large windows allowing the sunlight to pour in! Freshly painted and maintained home is ready for you! Eat in kitchen with plenty of cabinets and counter space. Attached 2 car garage with direct access to laundry room/ mud room! Back yard enjoys a delightful patio and fenced private space. Make this charmer yours today. Property boasts district 28 and 225 schools. Easy access to highway, restaurants, shopping and more!
Unit Size
1,068 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$328
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1954

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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 #11307206)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Jan 19, 2022 Listed by Baird & Warner $349,900
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,482
  • Total Building Area: 1,068
  • Gross Building Area: 1,068
  • Building Area: 1,068
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,068
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHBROOK EAST
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (NORTHBROOK)(EAST) RESUB BLKS9-13,18-20, & 22 & LTS2- 25 IN BLK21 & PT LT34 IN BLK17 WITH VAC STS ALL HUGHES-BROWN-MOORE-CORP

Neighborhood

  • School District Name: Northbrook School District 28
  • Census Tract: 801800

Geography

  • District: 25
  • Parcel: 04-11-222-040-0000
  • Block: 9-13,
  • Lot: 2-25,
  • Meridian: SEC 11 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1303
  • Longitude: -87.7912

    Address

  • Full Address: 1137 Midway Rd
  • Address - House Number: 1137
  • Address - Street Name: Midway
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C005
  • 4-Digit Zip Code: 3937
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $598,264
  • Tax Rate Code Area: 25032

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 339,854
  • High Value: 374,216
  • Low Value: 305,492

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $97,270
  • Market Improvement Value: $172,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $9,727
  • Assessed Improvements Value: $17,273

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2206207331
  • Previous Sale Recording Date: Oct 18, 2013
  • Previous Sale Contract Date: Sep 23, 2013
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: FIX
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

$299

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2811 ft²

Average Home Age

41.6 years

Currently For Sale

64 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

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MRED

Listed by: C Bryce Fuller, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11307206
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 1137 Midway Road built and last sold?
The property at 1137 Midway Road was built in 1954 and last sold on Feb 23, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 1137 Midway Road is $0.
What are some comparable homes to 1137 Midway Road?
There are currently no comparable homes to 1137 Midway Road.
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