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Northbrook 60062
1349 wessling Drive
$596,400
● House - Off Market

1349 wessling Drive

Northbrook, IL 60062
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,585 Ft²
$4,112
Est. Monthly
4.75%
Cap Rate

About This Property

Spacious 4 bedroom, 2.1 bathroom home in the fantastic Huntington neighborhood District 27     Features open floor plan for everyday living and entertaining. A formal foyer with beautiful slate floor welcomes guests and offers access to the large family room  provide a spacious place to cook or entertain, with fireplace and    French doors lead out to a relaxing backyard oasis.    bright eat-in kitchen; generous living and dining room          This property has a great, professionally landscaped yard complete with a lovely patio, and a storage shed for lawn equipment.
Unit Size
2,585 Ft²
Days on Market
-
Land Size
-
Price per sqft
$248
Property Type
House
Property Taxes
$970
HOA Dues
-
Year Built
1970

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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 #11914323)

Price History

Date / Event Date Event Price
Dec 5, 2023 Sold
Premium
Sold
Oct 26, 2023 Listed by Vylla Home $639,900
Listed by Vylla Home

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,475
  • Total Building Area: 2,585
  • Gross Building Area: 2,585
  • Building Area: 2,585
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,585
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTVIEW 03 & 05 SEC 03
  • Land Acres: 0000000263
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (SECTION3) OF (WESTVIEW)( LOT 128

Neighborhood

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

Geography

  • District: 25
  • Parcel: 04-07-401-035-0000
  • Lot: 128
  • Meridian: SEC 07 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1282
  • Longitude: -87.8729

    Address

  • Full Address: 1349 Wessling Dr
  • Address - House Number: 1349
  • Address - Street Name: Wessling
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C023
  • 4-Digit Zip Code: 4228
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,148,803
  • Tax Rate Code Area: 25076

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 652,245
  • High Value: 800,748
  • Low Value: 503,742

    Market Valuation

  • Market Total Value: $544,110
  • Market Land Value: $172,130
  • Market Improvement Value: $371,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,411
  • Assessed Land Value: $17,213
  • Assessed Improvements Value: $37,198

    Sales

  • Current Sale Contract Date: Nov 09, 2023
  • Current Sale Recording Date: Dec 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 34058
  • Previous Sale Recording Date: Aug 24, 2000
  • Previous Sale Contract Date: Aug 18, 2000
  • Previous Sale Amount: $439,000
  • Previous Sale Document Type: 71
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:

$707,500

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2914 ft²

Average Home Age

43.4 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

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: Anna Zakarian, Vylla Home
Last Updated: 3 years ago
Data Source: MRED, MLS# 11914323
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 1349 Wessling Drive built and last sold?
The property at 1349 Wessling Drive was built in 1970 and last sold on Nov 9, 2023 for $596,500.
How much is this home worth?
The estimated value of the home located at 1349 Wessling Drive is $0.
What are some comparable homes to 1349 Wessling Drive?
There are currently no comparable homes to 1349 Wessling Drive.
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