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Cook 60062
1620 Provenance Way
$1,150,000
● House - Off Market

1620 Provenance Way

Northbrook, IL 60062
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,600 Ft²
$7,418
Est. Monthly
$655
HOA / Fees
1.77%
Cap Rate
Unit Size
3,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$306
Property Type
House
Property Taxes
$1,362
HOA Dues
$655
Year Built
2019

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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
With View

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 5,744
  • Total Building Area: 3,624
  • Gross Building Area: 3,624
  • Building Area: 3,624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,624
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROVENANCE SUBDIVISION
  • Land Acres: 0000000132
  • Standard Land Use Code: 1002
  • County Land Use Code: 2-95

Neighborhood

  • School District Name: Northbrook School District 28
  • Census Tract: 801606

Geography

  • District: 25
  • Parcel: 04-18-203-184-0000
  • Municipality: NORTHFIELD
  • Latitude: 42.1218
  • Longitude: -87.8694

    Address

  • Full Address: 1620 Provenance Way
  • Address - House Number: 1620
  • Address - Street Name: Provenance
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C007
  • 4-Digit Zip Code: 4666
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,553,116
  • Tax Rate Code Area: 25081

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 1,003,543
  • High Value: 1,205,865
  • Low Value: 801,221

    Market Valuation

  • Market Total Value: $810,960
  • Market Land Value: $100,000
  • Market Improvement Value: $710,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,096
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $71,096

    Sales

  • Current Sale Contract Date: Aug 14, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1924206113
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 Cook

Stats & Trends

Median Asking:

$374,700

Sale Price/ft²

$240

Above Asking

3.72%

Average Days on Market

44

Average Home Size

1503 ft²

Average Home Age

65.5 years

Currently For Sale

9215 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 1923 E Pawnee Lane, Mount Prospect, IL, 60056

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,694 ft²
1923 E Pawnee Lane, Mount Prospect, IL, 60056 Listing by Rafay Qamar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Karen Daugerdas, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12448134
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 1620 Provenance Way built and last sold?
The property at 1620 Provenance Way was built in 2019 and last sold on Aug 14, 2019 for $770,000.
How much is this home worth?
The estimated value of the home located at 1620 Provenance Way is $0.
What are some comparable homes to 1620 Provenance Way?
There are currently no comparable homes to 1620 Provenance Way.
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