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Wilmette 60091
1701 Forest Avenue
$1,688,000
● House - Off Market

1701 Forest Avenue

Wilmette, IL 60091
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,900 Ft²
$9,267
Est. Monthly
1.82%
Cap Rate

About This Property

Stunningly updated for today's lifestyle, move right in to this ultra chic, charming and updated 4br/3.1 bath in McKenzie School district.  No detail was overlooked.  Sun shines into the living room with a fireplace and hardwood floors throughout.  Nicely updated kitchen opens to an eat in kitchen area or flex family room space.  Formal dining room is perfect for entertaining and opens to family room with views of the patio and spacious backyard.  Master suite has sitting/office nook with a beautiful full bath, including a walk in shower, tub, double vanities and storage. Three additional bedrooms upstairs with a renovated hall bath. Hardwood floors throughout. Basement was reconfigured and updated to include a full bath, rec room area and bonus room. Walk to town and train.  Welcome home!
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$534
Property Type
House
Property Taxes
$1,655
HOA Dues
-
Year Built
1932

Payment Calculator

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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 #12034729)

Price History

Date / Event Date Event Price
May 30, 2024 Sold
Premium
Sold
Apr 25, 2024 Listed by @properties Christie's International Real Estate $1,550,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1932
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,932
  • Gross Building Area: 2,932
  • Building Area: 2,932
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,932
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MUNN & PALMERS ADD TO WILMETTE
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (MUNN) & (PALMERS) ADD TO (WILMETTE) IN SEC 28-42-13

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 801100

Geography

  • District: 23
  • Parcel: 05-28-422-010-0000
  • Block: 3
  • Lot: 1
  • Meridian: SEC 28 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0799
  • Longitude: -87.7188

    Address

  • Full Address: 1701 Forest Ave
  • Address - House Number: 1701
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C014
  • 4-Digit Zip Code: 1531
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,986,380
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,293,440
  • High Value: 1,587,647
  • Low Value: 999,233

    Market Valuation

  • Market Total Value: $959,070
  • Market Land Value: $259,200
  • Market Improvement Value: $699,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,907
  • Assessed Land Value: $25,920
  • Assessed Improvements Value: $69,987

    Sales

  • Current Sale Contract Date: Jun 12, 2014
  • Current Sale Recording Date: Jun 26, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1417749034
  • Previous Sale Recording Date: Dec 11, 2006
  • Previous Sale Contract Date: Dec 06, 2006
  • Previous Sale Amount: $1,085,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Wilmette

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$408

Above Asking

0.00%

Average Days on Market

42

Average Home Size

1995 ft²

Average Home Age

42.8 years

Currently For Sale

34 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 9752 Tripp Avenue, Skokie, IL, 60076

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,250 ft²
9752 Tripp Avenue, Skokie, IL, 60076 Listing by Donna Agnew
Unit for rent at 406 Sunset Drive, Wilmette, IL, 60091

$3,990 /mo

  • 3 Beds
  • 1 Bath
  • 1,333 ft²
406 Sunset Drive, Wilmette, IL, 60091 Listing by Eray Unsal

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sara Brahm, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 12034729
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 1701 Forest Avenue built and last sold?
The property at 1701 Forest Avenue was built in 1932 and last sold on Jun 12, 2014 for $1,017,500.
How much is this home worth?
The estimated value of the home located at 1701 Forest Avenue is $0.
What are some comparable homes to 1701 Forest Avenue?
There are currently no comparable homes to 1701 Forest Avenue.
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