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Buffalo Grove 60089
119 Glendale Road
$215,000
● House - Off Market

119 Glendale Road

Buffalo Grove, IL 60089
bedrooms
1 Bed
bathrooms
2 Baths
square feet
864 Ft²
$210,595
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

***AS IS***SHORT SALE***REDESIGNED DOLLY MADISON. DISABILITY EQUIPT. EXPANDED 4 SEASON ROOM - OPEN CONCEPT KITCHEN WITH ISLAND. LOWER LEVEL BEDROOM & BATHROOM. LARGE STORAGE AREA. LARGE DETACHED 2.5 CAR GARAGE.
Unit Size
864 Ft²
Days on Market
-
Land Size
-
Price per sqft
$231
Property Type
House
Property Taxes
$609
HOA Dues
-
Year Built
1960

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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 #11273665)

Price History

Date / Event Date Event Price
Feb 25, 2022 Sold
Premium
Sold
Nov 19, 2021 Listed by RE/MAX Suburban $200,000
Listed by RE/MAX Suburban

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,720
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUFFALO GROVE UNIT3
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (BUFFALO) (GROVE) (UNIT3) SUB OF N755.95FT LT6 IN SUB OF SEC4 TOG WITH LTS C-D IN BUFFALO GROVE UNIT1 & LT H IN BUFFALO GROVE

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803010

Geography

  • District: 38
  • Parcel: 03-04-110-011-0000
  • Lot: 6,C,H
  • Meridian: SEC 04 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1477
  • Longitude: -87.9613

    Address

  • Full Address: 119 Glendale Rd
  • Legal Unit: 3
  • Address - House Number: 119
  • Address - Street Name: Glendale
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C043
  • 4-Digit Zip Code: 2125
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $769,784
  • Tax Rate Code Area: 38077

    Appraisal Valuation

  • Standard Deviation: 0.2333
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 302,045
  • High Value: 372,518
  • Low Value: 231,573

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $60,480
  • Market Improvement Value: $189,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $6,048
  • Assessed Improvements Value: $18,952

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2207020145

    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 Buffalo Grove

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1944 ft²

Average Home Age

44.8 years

Currently For Sale

81 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 1229 Nova Court, Wheeling, IL, 60090

$2,190 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
1229 Nova Court #1229, Wheeling, IL, 60090 Listing by Joseph Deardurff

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: George Seaverns, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11273665
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 119 Glendale Road built and last sold?
The property at 119 Glendale Road was built in 1960 and last sold on Feb 23, 2022 for $215,000.
How much is this home worth?
The estimated value of the home located at 119 Glendale Road is $0.
What are some comparable homes to 119 Glendale Road?
There are currently no comparable homes to 119 Glendale Road.
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