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Glenview 60026
1915 Franklin Drive
$660,000
● House - Off Market

1915 Franklin Drive

Glenview, IL 60026
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
2,926 Ft²
$4,355
Est. Monthly
4.82%
Cap Rate

About This Property

This stately colonial home has a fabulous floorplan with a very open spacious feeling.  The Living Room & Family room with hardwood floors have great flow to the kitchen & eating area. ... Kitchen has stainless steel appliances. There are 2 powder rooms! one off the foyer & another off the den. There are 2 fireplaces- in Living room & den. The laundry off garage would make a great future mud room.  The 2nd floor provides 3 bedrooms with ensuite baths & an additional small bedroom (currently open to the Primary bedroom)- could be an office, nursery, or tv/reading area. The full unfinished basement could be a wonderful future addition. The home would benefit from your updates, & is reflected in the pricing,  It is in an estate & being sold "As-is".
Unit Size
2,926 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$231
Property Type
House
Property Taxes
$1,040
HOA Dues
-
Year Built
1987

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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: 2 years ago (MRED MLS #11917967)

Price History

Date / Event Date Event Price
Dec 19, 2023 Sold
Premium
Sold
Nov 28, 2023 Listed by @properties Christie's International Real Estate $675,000
Listed by @properties Christie's International Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 12
  • 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: 10,310
  • Total Building Area: 2,926
  • Gross Building Area: 2,926
  • Building Area: 2,926
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,926
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK HILL RESUB NUMBER1
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (OAK) (HILL) RESUB (NUMBER1) BNG A RESUB OF OAK HILL SUB OF PT OF THE NW SEC 29-42-12

Neighborhood

  • School District Name: West Northfield School District 31
  • Census Tract: 801607

Geography

  • District: 25
  • Parcel: 04-29-102-023-0000
  • Lot: 41
  • Meridian: SEC 29 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.0914
  • Longitude: -87.8631

    Address

  • Full Address: 1915 Franklin Dr
  • Address - House Number: 1915
  • Address - Street Name: Franklin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Glenview
  • Carrier Code: C019
  • 4-Digit Zip Code: 1076
  • Zip Code: 60026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,299,139
  • Tax Rate Code Area: 25127

    Appraisal Valuation

  • Standard Deviation: 0.2241
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 739,492
  • High Value: 905,257
  • Low Value: 573,727

    Market Valuation

  • Market Total Value: $671,240
  • Market Land Value: $144,340
  • Market Improvement Value: $526,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,124
  • Assessed Land Value: $14,434
  • Assessed Improvements Value: $52,690

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 13255
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 Glenview

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2690 ft²

Average Home Age

43.5 years

Currently For Sale

62 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
Unit for rent at 4144 Florence Way, Glenview, IL, 60025

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
4144 Florence Way #4144, Glenview, IL, 60025 Listing by Jina Yoonsun Park

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vicki Tenner, @properties Christie's International Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 11917967
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 1915 Franklin Drive built and last sold?
The property at 1915 Franklin Drive was built in 1987 and last sold on Dec 18, 2023 for $660,000.
How much is this home worth?
The estimated value of the home located at 1915 Franklin Drive is $0.
What are some comparable homes to 1915 Franklin Drive?
There are currently no comparable homes to 1915 Franklin Drive.
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