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Cook 60062
1635 Central Avenue
$718,000
● House - Off Market

1635 Central Avenue

Northbrook, IL 60062
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,727 Ft²
$4,268
Est. Monthly
5.20%
Cap Rate

About This Property

Don't miss the opportunity to see this charming well-maintained 4 bedrooms 2.5 bathrooms home nestled on a tranquil street! Bright and spacious family, dining and living room, as well as well-appointed kitchen with granite countertops, stainless steel appliances and ample storage. Second floor spacious bedrooms with 2 large walk-in closets in a master bedroom, hardwood floors, lots of storage and a skylight that adds a tremendous amount of light to the hallway.  Beautiful backyard featuring a deck and expansive brick paver patio. AC unit, furnace and sump pump were replaced within the last few years. Finished basement with lots of great storage and a crawl space. Award-winning schools, close to shopping, restaurants and highways. Home is being sold "as-is"
Unit Size
2,727 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$267
Property Type
House
Property Taxes
$688
HOA Dues
-
Year Built
1978

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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 #12043538)

Price History

Date / Event Date Event Price
Aug 1, 2024 Sold
Premium
Sold
May 16, 2024 Listed by Keller Williams North Shore West $729,000
Listed by Keller Williams North Shore West

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • 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: 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
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,727
  • Gross Building Area: 2,727
  • Building Area: 2,727
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,727
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHBROOK WEST
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (NORTHBROOK)(WEST) SUB OF PT OF THE WH NW SEC 17-42-12

Neighborhood

  • School District Name: West Northfield School District 31
  • Census Tract: 801606

Geography

  • District: 25
  • Parcel: 04-17-104-003-0000
  • Block: 10
  • Lot: 5
  • Meridian: SEC 17 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1232
  • Longitude: -87.8654

    Address

  • Full Address: 1635 Central Ave
  • Address - House Number: 1635
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C007
  • 4-Digit Zip Code: 5001
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $825,002
  • Tax Rate Code Area: 25081

    Appraisal Valuation

  • Standard Deviation: 0.2606
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 705,686
  • High Value: 889,610
  • Low Value: 521,762

    Market Valuation

  • Market Total Value: $568,140
  • Market Land Value: $85,000
  • Market Improvement Value: $483,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,814
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $48,314

    Sales

  • Current Sale Contract Date: Jan 20, 2006
  • Current Sale Recording Date: Feb 07, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0603843354
  • Previous Sale Recording Date: Jun 06, 2000
  • Previous Sale Contract Date: May 30, 2000
  • Previous Sale Amount: $387,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ekaterina Korenblit, Keller Williams North Shore West
Last Updated: 3 years ago
Data Source: MRED, MLS# 12043538
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 1635 Central Avenue built and last sold?
The property at 1635 Central Avenue was built in 1978 and last sold on Jan 20, 2006 for $630,000.
How much is this home worth?
The estimated value of the home located at 1635 Central Avenue is $730,693.
What are some comparable homes to 1635 Central Avenue?
There are currently no comparable homes to 1635 Central Avenue.
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