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Mount Prospect 60056
1746 E CORKTREE LANE
Photo of 1746 E CORKTREE LANE
Sold on May 15, 2007

1

Map

$327,000
● House - Off Market

1746 E CORKTREE LANE

MOUNT PROSPECT, IL 60056
bedrooms
3 Beds
bathrooms
2 Baths
$631,471
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

OWNER MOVING TO CALIFORNIA. GREAT LOCATION!  GREAT PRICE! QUALITY BRICK AND ALUMINUM CONSTRUCTION.  STAINED AND VARNISHED WOODWORK AND TRIM. HARDWOOD FLOORS IN ALL BEDROOMS. LARGE UNFINISHED SUB-BASEMENT AND A VERY EXPENSIVE KOHLER WHOLE HOUSE GENERATOR SYSTEM. BEAUTIFULLY LANDSCAPED LOT. WALK TO TRAIN. AHS WARRANTY INCLUDED.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1964

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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • 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: 9,108
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,444
  • Gross Building Area: 1,444
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRICKMAN MANOR 2ND ADD UNIT2
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (BRICKMAN) MANOR (2ND) ADD (UNIT2) SUB OF PT NW SEC 25-42-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802605

Geography

  • District: 38
  • Parcel: 03-25-107-025-0000
  • Lot: 342
  • Meridian: SEC 25 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0912
  • Longitude: -87.9053

    Address

  • Full Address: 1746 E Corktree Ln
  • Legal Unit: 2
  • Address - House Number: 1746
  • Street Direction: E
  • Address - Street Name: Corktree
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C093
  • 4-Digit Zip Code: 1818
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $823,184
  • Tax Rate Code Area: 38044

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 429,640
  • High Value: 527,744
  • Low Value: 331,536

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $81,970
  • Market Improvement Value: $238,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $8,197
  • Assessed Improvements Value: $23,803

    Sales

  • Current Sale Contract Date: Nov 20, 2007
  • Current Sale Recording Date: Nov 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0733257033
  • Previous Sale Recording Date: May 18, 2007
  • Previous Sale Contract Date: May 06, 2007
  • Previous Sale Amount: $327,000
  • Previous Sale Document Type: 27
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 Mount Prospect

Stats & Trends

Median Asking:

$459,900

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1672 ft²

Average Home Age

55.8 years

Currently For Sale

87 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 93 Cantal Court, Wheeling, IL, 60090

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,750 ft²
93 Cantal Court, Wheeling, IL, 60090 Listing by Krystsina Kananchuk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sharon Dolezal, RE/MAX North
Data Source: MRED, MLS# MRD06225955
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 1746 East Corktree Lane built and last sold?
The property at 1746 East Corktree Lane was built in 1964 and last sold on Nov 20, 2007 for $460,000.
How much is this home worth?
The estimated value of the home located at 1746 East Corktree Lane is $0.
What are some comparable homes to 1746 East Corktree Lane?
There are currently no comparable homes to 1746 East Corktree Lane.
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