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Northbrook 60062
1226 Grant Road
$1,475,000
● House - Off Market

1226 Grant Road

NORTHBROOK, IL 60062
bedrooms
4 Beds
bathrooms
4 Baths
$2,558,275
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Exquisite one-of-a-kind contemp w/a wooded near-acre setting -- truly a home for all seasons! Huge rms w/amazing architecture, open-designed for abundant light/fab views, combine w/magnificent updates & exemplary quality thruout.  From the stunning Great Rm to the FR w/vaulted ceilings & adj island kit to the MBR ste, grand ofc-lib, Game rm, bonus/exe rm, scrnd porch, 3-cg & more, this dramatic dream is now reality!
Unit Size
-
Days on Market
-
Land Size
0.87 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,257
HOA Dues
-
Year Built
1956

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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: 2 years ago (MRED MLS #06397981)

Price History

Date / Event Date Event Price
Aug 29, 2007 Sold
Premium
Sold
Feb 1, 2007 Listed by RE/MAX North $1,475,000
Listed by RE/MAX North

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 4,650
  • Gross Building Area: 4,650
  • Building Area: 4,650
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTY CLERKS DIV OF SEC 11 EX THE NH
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (COUNTY)(CLERKS) DIV OF SEC 11 EX THE NH OF THE NW SEC 11-42-12

Neighborhood

  • School District Name: Northbrook School District 28
  • Census Tract: 801500

Geography

  • District: 25
  • Parcel: 04-11-300-012-0000
  • Lot: 27
  • Meridian: SEC 11 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1297
  • Longitude: -87.8051

    Address

  • Full Address: 1226 Grant Rd
  • Address - House Number: 1226
  • Address - Street Name: Grant
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C002
  • 4-Digit Zip Code: 3822
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,596,653
  • Tax Rate Code Area: 25188

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 1,228,354
  • High Value: 1,476,000
  • Low Value: 980,708

    Market Valuation

  • Market Total Value: $1,170,000
  • Market Land Value: $331,060
  • Market Improvement Value: $838,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,000
  • Assessed Land Value: $33,106
  • Assessed Improvements Value: $83,894

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Feb 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2105007284
  • Previous Sale Recording Date: Sep 05, 2007
  • Previous Sale Contract Date: Aug 16, 2007
  • Previous Sale Amount: $1,273,000
  • Previous Sale Document Type: 71

    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:

$719,000

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2907 ft²

Average Home Age

45.3 years

Currently For Sale

63 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 1655 Lake Cook Road, Highland Park, IL, 60035

$4,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,886 ft²
1655 Lake Cook Road #343, Highland Park, IL, 60035 Listing by Ethan Nagar
Unit for rent at 1755 Lake Cook Road, Highland Park, IL, 60035

$4,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,886 ft²
1755 Lake Cook Road #220, Highland Park, IL, 60035 Listing by Ethan Nagar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX North
Last Updated: 2 years ago
Data Source: MRED, MLS# 06397981
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 1226 Grant Road built and last sold?
The property at 1226 Grant Road was built in 1956 and last sold on Jan 4, 2021 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 1226 Grant Road is $0.
What are some comparable homes to 1226 Grant Road?
There are currently no comparable homes to 1226 Grant Road.
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