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Glenview 60025
1617 Joy Lane
$620,000
● House - Off Market

1617 Joy Lane

Glenview, IL 60025
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,545 Ft²
$637,221
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Great LaFontaine home with 4BR and 2.1 BA. 2545 Square Feet (unlike tax record) of living space. Hardwood floors in bedrooms and up the stairs. Great closet space with multiple walk-in closets. Freshly painted throughout. Family room with ranch plank floors, fireplace with gas logs. Stainless steel appliances in white kitchen with pantry closet. Nearby first floor laundry. Large 2-1/2 car garage. New Pella windows, new blinds, new slider doors, HVAC 2019, upgraded electrical service. Hot water heater 2017. Finished basement. Kidney shaped patio and gas grill hookup. District 34 & 225 schools. Come and make it your own. Convenient location near schools, hospital, parks and restaurants.
Unit Size
2,545 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$251
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1973

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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 #11882046)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold
Premium
Sold
Sep 22, 2023 Listed by Berkshire Hathaway HomeServices Chicago $639,600
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • 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: 10,000
  • Total Building Area: 1,439
  • Gross Building Area: 1,439
  • Building Area: 1,439
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,439
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENBROOK ESTATES
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (GLENBROOK) (ESTATES) A SUB OF PT OF THE NE SE SEC 29-42-12

Neighborhood

  • School District Name: Northfield Township High School District 225
  • Census Tract: 801607

Geography

  • District: 25
  • Parcel: 04-29-409-008-0000
  • Lot: 46
  • Meridian: SEC 29 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.0851
  • Longitude: -87.8508

    Address

  • Full Address: 1617 Joy Ln
  • Address - House Number: 1617
  • Address - Street Name: Joy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Glenview
  • Carrier Code: C013
  • 4-Digit Zip Code: 1232
  • Zip Code: 60025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $963,520
  • Tax Rate Code Area: 25100

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 614,366
  • High Value: 738,971
  • Low Value: 489,761

    Market Valuation

  • Market Total Value: $510,000
  • Market Land Value: $140,000
  • Market Improvement Value: $370,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,000
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $37,000

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Nov 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6094
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

2683 ft²

Average Home Age

43.1 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 3402 Winnetka Road, Glenview, IL, 60026

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,353 ft²
3402 Winnetka Road, Glenview, IL, 60026 Listing by Halina Okowinski
Unit for rent at 4144 Florence Way, Glenview, IL, 60025

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
4144 Florence Way #4144, Glenview, IL, 60025 Listing by Jina Yoonsun Park

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Elaine Bykerk Glidden, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11882046
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 1617 Joy Lane built and last sold?
The property at 1617 Joy Lane was built in 1973 and last sold on Oct 27, 2023 for $620,000.
How much is this home worth?
The estimated value of the home located at 1617 Joy Lane is $0.
What are some comparable homes to 1617 Joy Lane?
There are currently no comparable homes to 1617 Joy Lane.
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