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Winnetka 60093
1380 Edgewood Lane
$645,000
● House - Off Market

1380 Edgewood Lane

Winnetka, IL 60093
bedrooms
2 Beds
bathrooms
2 Baths
$641,387
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Sold in the private network. Rustic 2 bed, 2 bath home, nestled on a wooded lot, is located in the highly desirable Hubbard Woods neighborhood.  Walk to shops, restaurants, train, and coffee. Highly ranked schools, park district, and forest preserve within walking distance. Sold "as is".  Please DO NOT walk the property without permission.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1929

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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.

Last updated: 3 years ago (MRED MLS #11828194)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Jul 11, 2023 Listed by Baird & Warner $645,000
Listed by Baird & Warner

Property Highlights

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 18
  • Floor Count: 150
  • 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: 8,242
  • Total Building Area: 2,187
  • Gross Building Area: 2,187
  • Building Area: 2,187
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,187
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHICAGO NORTH SHORE LAND COMPA
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: LOTS 5 TO 7 IN BLK 19 IN CHICAGO NO RTH SHORE LAND COMPANYS SUB IN SE C08+ T42N R13E 3P

Neighborhood

  • School District Name: Winnetka School District 36
  • Census Tract: 800300

Geography

  • District: 23
  • Parcel: 05-18-226-034-0000
  • Block: 19
  • Lot: 5
  • Meridian: SEC 18 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1169
  • Longitude: -87.7558

    Address

  • Full Address: 1380 Edgewood Ln
  • Address - House Number: 1380
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Winnetka
  • Carrier Code: C008
  • 4-Digit Zip Code: 1412
  • Zip Code: 60093

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,458,885
  • Tax Rate Code Area: 23008

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 904,342
  • High Value: 1,110,839
  • Low Value: 697,844

    Market Valuation

  • Market Total Value: $730,000
  • Market Land Value: $206,050
  • Market Improvement Value: $523,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,000
  • Assessed Land Value: $20,605
  • Assessed Improvements Value: $52,395

    Sales

  • Current Sale Contract Date: Aug 10, 2023
  • Current Sale Recording Date: Sep 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33133
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 Winnetka

Stats & Trends

Median Asking:

$1,850,000

Sale Price/ft²

$488

Above Asking

0.00%

Average Days on Market

43

Average Home Size

4696 ft²

Average Home Age

42.8 years

Currently For Sale

10 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 226 Latrobe Avenue, Northfield, IL, 60093

$3,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,747 ft²
226 Latrobe Avenue, Northfield, IL, 60093 Listing by Anthony Mehrabian
Unit for rent at 318 Happ Road, Northfield, IL, 60093

$2,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,250 ft²
318 Happ Road #B, Northfield, IL, 60093 Listing by Victoria Stein

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Carol Hunt, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11828194
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 1380 Edgewood Lane built and last sold?
The property at 1380 Edgewood Lane was built in 1929 and last sold on Aug 10, 2023 for $645,000.
How much is this home worth?
The estimated value of the home located at 1380 Edgewood Lane is $651,450.
What are some comparable homes to 1380 Edgewood Lane?
There are currently no comparable homes to 1380 Edgewood Lane.
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