For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Northbrook 60062
1931 Butternut Lane
$1,125,000
● House - Off Market

1931 Butternut Lane

NORTHBROOK, IL 60062
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,930 Ft²
$1,975,673
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Charm and character best describe this NEW home. Located on a beautiful tree lined street, near town, train & walking distance to schools! This builder's Life Design floorplan gives you numerous oversized widows allowing for natural lighting and a view to the outdoors. Home features include 10ft.first and 9ft. 2nd floor ceilings, wide plank wood flooring throughout first floor, beautiful wood staircase, family room with fireplace, first-floor study, mudroom with built-in bench, backpack rack and cubbies. Generously sized 2nd floor bedrooms, convenient 2nd floor laundry, and a finished basement. The Kitchen is a dream - granite countertops, beautiful backsplash, enormous island, stainless steel appliances, double oven & large pantry closet. Charming front porch & 3 car garage. Come see this fabulous home today!
Unit Size
3,930 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$305
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #09367529)

Price History

Date / Event Date Event Price
Mar 27, 2017 Sold
Premium
Sold
Oct 14, 2016 Listed by Coldwell Banker Residential $1,199,000
Listed by Coldwell Banker Residential

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,075
  • Total Building Area: 3,355
  • Gross Building Area: 3,355
  • Building Area: 3,355
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,355
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHBROOK PARK UNIT2
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (NORTHBROOK)(PARK)(UNIT2) SUB OF SH LTS1&2 ALL LT7 & WH LT8 OF SCHOOL TRUSTEES SUB OF NH EH SEC 16-42-12

Neighborhood

  • School District Name: Northbrook/Glenview School District 30
  • Census Tract: 801701

Geography

  • District: 25
  • Parcel: 04-16-213-007-0000
  • Block: 12
  • Lot: 1,2,7
  • Meridian: SEC 16 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1178
  • Longitude: -87.8345

    Address

  • Full Address: 1931 Butternut Ln
  • Legal Unit: 2
  • Address - House Number: 1931
  • Address - Street Name: Butternut
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C047
  • 4-Digit Zip Code: 6019
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,542,793
  • Tax Rate Code Area: 25037

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,245,381
  • High Value: 1,528,929
  • Low Value: 961,832

    Market Valuation

  • Market Total Value: $1,140,170
  • Market Land Value: $130,980
  • Market Improvement Value: $1,009,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,017
  • Assessed Land Value: $13,098
  • Assessed Improvements Value: $100,919

    Sales

  • Current Sale Contract Date: Mar 17, 2017
  • Current Sale Recording Date: Mar 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1708718026
  • Previous Sale Recording Date: Dec 18, 2014
  • Previous Sale Contract Date: Nov 25, 2014
  • Previous Sale Amount: $386,500
  • 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 Northbrook

Stats & Trends

Median Asking:

$722,000

Sale Price/ft²

$303

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2980 ft²

Average Home Age

38.9 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 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 1013 Sussex Drive, Northbrook, IL, 60062

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,870 ft²
1013 Sussex Drive, Northbrook, IL, 60062 Listing by Iryna Motkalyuk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09367529
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 1931 Butternut Lane built and last sold?
The property at 1931 Butternut Lane was built in 2018 and last sold on Mar 17, 2017 for $1,125,000.
How much is this home worth?
The estimated value of the home located at 1931 Butternut Lane is $1,215,078.
What are some comparable homes to 1931 Butternut Lane?
There are currently no comparable homes to 1931 Butternut Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Northfield Homes for Sale
Northfield Houses for Sale
Northfield Condos for Sale
Northfield Townhouses for Sale
Northfield Multifamily for Sale
Northfield Land for Sale
Northfield Commercial for Sale
Northfield Homes with Basements
Nearby Cities
Arlington Heights Homes for Sale
Des Plaines Homes for Sale
Evanston Homes for Sale
Skokie Homes for Sale
Park Ridge Homes for Sale
Buffalo Grove Homes for Sale
Mount Prospect Homes for Sale
Glenview Homes for Sale
Nearby Property Records
Lake County, IL Property Records
DuPage County, IL Property Records
Cook County, IL Property Records
Kane County, IL Property Records
McHenry County, IL Property Records
Kenosha County, WI Property Records
Will County, IL Property Records
Racine County, WI Property Records
Neighborhoods
Edgewater Real Estate
Jefferson Park Real Estate
West Rogers Park Real Estate
Norwood Park Real Estate
Rogers Park Real Estate
Lincoln Square Real Estate
Edison Park Real Estate
O'Hare Real Estate
Nearby Counties
Wheeling Homes for Sale
Maine Homes for Sale
Niles Homes for Sale
Vernon Homes for Sale
Elk Grove Homes for Sale
Evanston Homes for Sale
New Trier Homes for Sale
West Deerfield Homes for Sale
Top Real Estate Agents
Top Agents in Northfield
Top Agents in Wheeling
Top Agents in Maine
Top Agents in Niles
Top Agents in Vernon
Top Agents in Arlington Heights
Top Agents in Elk Grove
Top Agents in Des Plaines