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Northbrook 60062
1320 WESSLING Drive
$835,000
● House - Off Market

1320 WESSLING Drive

Northbrook, IL 60062
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,862 Ft²
$4,843
Est. Monthly
4.22%
Cap Rate

About This Property

Meticulously maintained home located close to parks, schools and all Northbrook has to offer! Interior and exterior just painted! Spacious kitchen with 42" cabinets! Gorgeous hardwood floors throughout!(except kitchen, dining, & foyer)! Crown moulding! Granite bathroom vanity! Recessed lighting! New water heater! New Architectural shingle roof in 2022! Gas log fireplace! White 6-panel doors! Sump pump features battery backup! Finished basement adds additional living space!
Unit Size
2,862 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$262
Property Type
House
Property Taxes
$1,160
HOA Dues
-
Year Built
1970

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • 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: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,240
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,862
  • Gross Building Area: 2,862
  • Building Area: 2,862
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,862
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECTION3 OF WESTVIEW UNIT3 & UNIT5
  • Land Acres: 0000000235
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (SECTION3) OF (WESTVIEW)(UNIT3) & (UNIT5) A SUB IN SEC 07-42-12

Neighborhood

  • School District Name: Northbrook Elementary School District 27
  • Census Tract: 801605

Geography

  • District: 25
  • Parcel: 04-07-410-009-0000
  • Lot: 136
  • Meridian: SEC 07 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1289
  • Longitude: -87.8737

    Address

  • Full Address: 1320 Wessling Dr
  • Legal Unit: 3
  • Address - House Number: 1320
  • Address - Street Name: Wessling
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C023
  • 4-Digit Zip Code: 4229
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,342,331
  • Tax Rate Code Area: 25076

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 742,118
  • High Value: 911,574
  • Low Value: 572,663

    Market Valuation

  • Market Total Value: $630,000
  • Market Land Value: $153,600
  • Market Improvement Value: $476,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,000
  • Assessed Land Value: $15,360
  • Assessed Improvements Value: $47,640

    Sales

  • Current Sale Contract Date: May 24, 2010
  • Current Sale Recording Date: Jul 21, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1020255080
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:

$717,000

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 172 Pointe Drive, Northbrook, IL, 60062

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,962 ft²
172 Pointe Drive #172, Northbrook, IL, 60062 Listing by Sarah Lyons
Unit for rent at 1013 Sussex Drive, Northbrook, IL, 60062

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,870 ft²
1013 Sussex Drive, Northbrook, IL, 60062 Listing by Iryna Motkalyuk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Winfield Cohen, Keller Williams Success Realty
Data Source: MRED, MLS# MRD12376257
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 1320 Wessling Drive built and last sold?
The property at 1320 Wessling Drive was built in 1970 and last sold on May 24, 2010 for $500,000.
How much is this home worth?
The estimated value of the home located at 1320 Wessling Drive is $0.
What are some comparable homes to 1320 Wessling Drive?
There are currently no comparable homes to 1320 Wessling Drive.
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