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Glenview 60026
1609 Executive Lane
$534,000
● House - Off Market

1609 Executive Lane

Glenview, IL 60026
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$2,956
Est. Monthly
5.93%
Cap Rate

About This Property

Rare offering of an affordable single-family home in award-winning D34/225! One-owner, lovingly-maintained, 3-bedroom/2.5-bath home ready for the next owner to make it their own. New roof in 2019, hardwood floors, attached 2-car garage. Great bones, neighborhood, schools, and potential! Priced to sell 5 minutes ago.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$265
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1965

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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 #11943735)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold
Premium
Sold
Jan 7, 2024 Listed by @properties Christie's International Real Estate $529,000
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • 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: 10,003
  • Total Building Area: 1,466
  • Gross Building Area: 1,466
  • Building Area: 1,466
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENVIEW ESTATES UNIT2
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (GLENVIEW)(ESTATES)(UNIT2) A SUB IN THE SW SEC 28-42-12

Neighborhood

  • School District Name: Northfield Township High School District 225
  • Census Tract: 802003

Geography

  • District: 25
  • Parcel: 04-28-309-011-0000
  • Meridian: SEC 28 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.0844
  • Longitude: -87.8457

    Address

  • Full Address: 1609 Executive Ln
  • Legal Unit: 2
  • Address - House Number: 1609
  • Address - Street Name: Executive
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Glenview
  • Carrier Code: C067
  • 4-Digit Zip Code: 1537
  • Zip Code: 60026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $381,107
  • Tax Rate Code Area: 25038

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 563,267
  • High Value: 691,884
  • Low Value: 434,651

    Market Valuation

  • Market Total Value: $430,000
  • Market Land Value: $120,040
  • Market Improvement Value: $309,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,000
  • Assessed Land Value: $12,004
  • Assessed Improvements Value: $30,996

    Sales

  • Current Sale Contract Date: Feb 23, 2024
  • Current Sale Recording Date: Mar 07, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11265
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 Glenview

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2700 ft²

Average Home Age

42.1 years

Currently For Sale

59 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 4641 Locust Avenue, Glenview, IL, 60025

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,550 ft²
4641 Locust Avenue, Glenview, IL, 60025 Listing by Viorel Lozneanu

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brandy Isaac, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11943735
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 1609 Executive Lane built and last sold?
The property at 1609 Executive Lane was built in 1965 and last sold on Feb 23, 2024 for $534,000.
How much is this home worth?
The estimated value of the home located at 1609 Executive Lane is $541,969.
What are some comparable homes to 1609 Executive Lane?
There are currently no comparable homes to 1609 Executive Lane.
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