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Northbrook 60062
1730 OAK Avenue
$530,000
● House - Off Market

1730 OAK Avenue

Northbrook, IL 60062
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,450 Ft²
$513,853
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

CHARMING RANCH AT PRIVATE END OF THE STREET IN DOWNTOWN NORTHBOOK. WONDERFUL FAMILY ROOM ADDITION FEATURES BEAUTIFUL WOOD PANELLED VAULTED CEILING. BUILT IN BOOKSHELVES. SLIDING DOORS TO GREAT FENCED IN YARD. WHITE KITCHEN FEATURES NEW SS APPLIANCES. 3 BEDROOMS ON MAIN FLOOR. FINISHED BASEMENT OFFERS RECREATION ROOM, OFFICE OR 4TH BEDROOM, FULL BATH, LAUNDRY AND LOTS OF STORAGE. DRIVEWAY ENLARGED FOR 2 CARS. THIS LOCATION CAN'T BE BEAT. CLOSE TO ELEMENTARY AND JR HIGH SCHOOLS, PARK DISTRICT POOL,SOCCER AND BASEBALL FIELDS, VELODROME, TRAIN, TOWN. READY TO MOVE IN!
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$344
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
1957

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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 #11308463)

Price History

Date / Event Date Event Price
Mar 15, 2022 Sold
Premium
Sold
Feb 9, 2022 Listed by Coldwell Banker Realty $499,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,514
  • Lot Size Depth Feet: 570
  • Lot Size Frontage Feet: 1,340
  • Total Building Area: 1,450
  • Gross Building Area: 1,450
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADD TO NORTHBROOK MANOR
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (FIRST) ADD TO (NORTHBROOK)(MANOR) A SUB OF THE WH SE SW SEC 10-42-12

Neighborhood

  • School District Name: Northbrook School District 28
  • Census Tract: 801702

Geography

  • District: 25
  • Parcel: 04-10-314-021-0000
  • Block: 9
  • Lot: 17,18
  • Meridian: SEC 10 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1248
  • Longitude: -87.8234

    Address

  • Full Address: 1730 Oak Ave
  • Address - House Number: 1730
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C008
  • 4-Digit Zip Code: 5428
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $822,920
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 25032

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 529,015
  • High Value: 649,461
  • Low Value: 408,569

    Market Valuation

  • Market Total Value: $405,580
  • Market Land Value: $120,220
  • Market Improvement Value: $285,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,558
  • Assessed Land Value: $12,022
  • Assessed Improvements Value: $28,536

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2208312003
  • Previous Sale Recording Date: Jan 18, 2002
  • Previous Sale Contract Date: Dec 14, 2001
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 71
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 Northbrook

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$299

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2852 ft²

Average Home Age

43.6 years

Currently For Sale

64 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 1948 Lincoln Avenue, Northbrook, IL, 60062

$2,950 /mo

  • 3 Beds
  • 2 Baths
1948 Lincoln Avenue, Northbrook, IL, 60062 Listing by Emilia Salonikas
Unit for rent at 1739 Tudor Lane, Northbrook, IL, 60062

$2,900 /mo

  • 2 Beds
  • 1 Bath
1739 Tudor Lane #308, Northbrook, IL, 60062 Listing by Eunice Lee

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Helen Larsen, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11308463
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 1730 Oak Avenue built and last sold?
The property at 1730 Oak Avenue was built in 1957 and last sold on Feb 23, 2022 for $530,000.
How much is this home worth?
The estimated value of the home located at 1730 Oak Avenue is $0.
What are some comparable homes to 1730 Oak Avenue?
There are currently no comparable homes to 1730 Oak Avenue.
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