See Home Value
Glenview 60025
1811 Prairie Street
$675,000
● House - Off Market

1811 Prairie Street

Glenview, IL 60025
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,845 Ft²
$700,411
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Extremely rare opportunity to own a cash flowing investment property in the heart of Glenview.  R18 zoning (highest density), prime for future redevelopment on a 75 x 177 lot with current multiple streams of income coming from the main house, carriage house, and rear garage like storage facility on the back of the property with 7 separate units. Perfectly located within steps to the train, grade school, library and shops on Glenview Rd among other attractions.  The main house is a 4 bed 2 bath single family that has been recently updated with tons of natural light.  New dishwasher and fridge, new hardwood floors, professionally painted.  Two stories of living plus basement.  Currently rented at $2,800/month.  The carriage house towards the back of the property is a 1 bedroom 1 bath, with its own access and parking area that is currently rented for $925 a month.  The storage units produce $16,680 annually.  New sidewalks and gravel driveway on the exterior of the property.  Gross Annual Income of $61,380 and NOI of $44,529.  Don't miss this opportunity to acquire one of the best addresses in Glenview at a 6.5 cap rate!
Unit Size
1,845 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$377
Property Type
House
Property Taxes
$887
HOA Dues
-
Year Built
1921

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Last updated: 3 years ago (MRED MLS #11343097)

Price History

Date / Event Date Event Price
Jun 2, 2022 No longer available -
No longer available
May 27, 2022 Sold
Sold
May 5, 2022 Relisted $695,000
Relisted
Apr 4, 2022 In contract -
In contract
Mar 24, 2022 Listed by Compass $695,000
Listed by Compass
Extremely rare opportunity to own a cash flowing investment property in the heart of Glenview. R18 zoning (highest density), prime for future redevelopment on a 75 x 177 lot with current multiple streams of income coming from the main house, carriage house, and rear garage like storage facility on the back of the property with 7 separate units. Perfectly located within steps to the train, grade school, library and shops on Glenview Rd among other attractions. The main house is a 4 bed 2 bath single family that has been recently updated with tons of natural light. New dishwasher and fridge, new hardwood floors, professionally painted. Two stories of living plus basement. Currently rented at $2,800/month. The carriage house towards the back of the property is a 1 bedroom 1 bath, with its own access and parking area that is currently rented for $925 a month. The storage units produce $16,680 annually. New sidewalks and gravel driveway on the exterior of the property. Gross Annual Income of $61,380 and NOI of $44,529. Don't miss this opportunity to acquire one of the best addresses in Glenview at a 6.5 cap rate!
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Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,275
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,845
  • Gross Building Area: 1,845
  • Building Area: 1,845
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,845
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK GLENN
  • Land Acres: 0000000305
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (OAK)(GLENN) SUB OF SH NW SEC 35-42-12

Neighborhood

  • School District Name: Northfield Township High School District 225
  • Census Tract: 802200

Geography

  • District: 25
  • Parcel: 04-35-120-003-0000
  • Block: 14
  • Meridian: SEC 35 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.0737
  • Longitude: -87.8029

    Address

  • Full Address: 1811 Prairie St
  • Address - House Number: 1811
  • Address - Street Name: Prairie
  • Address - Suffix Type: St
  • State: IL
  • City Name: Glenview
  • Carrier Code: C003
  • 4-Digit Zip Code: 6920
  • Zip Code: 60025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,183,035
  • Tax Rate Code Area: 25038

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 590,710
  • High Value: 650,436
  • Low Value: 530,985

    Market Valuation

  • Market Total Value: $550,000
  • Market Land Value: $212,400
  • Market Improvement Value: $337,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,000
  • Assessed Land Value: $21,240
  • Assessed Improvements Value: $33,760

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21059
  • Previous Sale Recording Date: Jun 23, 1997
  • Previous Sale Contract Date: May 22, 1997
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Glenview


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 7125 Simpson Street, Morton Grove, IL, 60053

$3,795 /mo

  • 4 Beds
  • 2 Baths
  • 1,450 ft²
7125 Simpson Street, Morton Grove, IL, 60053 Listing by Marla Schneider


Frequently Asked Questions

When was property at 1811 Prairie Street built and last sold?
The property at 1811 Prairie Street was built in 1921 and last sold on May 26, 2022 for $675,000.
How much is this home worth?
The estimated value of the home located at 1811 Prairie Street is $701,950.
What are some comparable homes to 1811 Prairie Street?
There are currently no comparable homes to 1811 Prairie Street.