$260,000
●
Condo -
Off Market
1992 Cherry Lane #3A
Northbrook, IL 60062
2 Beds
2 Baths,
1
Half Bath
1,300 Ft²
$273,078
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Fantastically rehabbed condo in one of the best locations in
Northbrook! Situated close to everything, you can literally walk to
the grocery store, train, shops - all of it! All new flooring,
cabinetry & fixtures, appliances, and paint. Top to bottom, it's
all brand new and totally turnkey! Conveniently situated on the
first floor with no steps at all for easy, true single-story
living. Owner occupancy only - no rentals allowed. New wall AC
units installed in December 2022.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$204
Property Type
Condo
Property Taxes
$337
HOA Dues
$290
Year Built
1967
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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 #11700747)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Jan 14, 2023 | No longer available | - | |
| No longer available | |||
| Jan 13, 2023 | Listed by eXp Realty, LLC | $265,000 | |
| Listed by eXp Realty, LLC | |||
| Dec 12, 2022 | Listed by eXp Realty, LLC | $279,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
Fantastically rehabbed condo in one of the best locations in Northbrook! Situated close to everything, you can literally walk to the grocery store, train, shops - all of it! All new flooring, cabinetry & fixtures, appliances, and paint. Top to bottom, it's all brand new and totally turnkey! Conveniently situated on the first floor with no steps at all for easy, true single-story living. Owner occupancy only - no rentals allowed. New wall AC units will be installed December 21, 2022. The manager has listed the unit size as 1300 square feet.
| |||
| Sep 18, 2022 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned
Interior Details
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Rooms: 4
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Aluminum Siding, Brick
Age: 51-60 Years
Rebuilt(Y/N): No
Parcel Number: 04101180121003
Property Type: Residential
Year Built: 1967
Roof: Asphalt
No Disability Access
Special Conditions: None
Lot Features: Corner Lot
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2021
Tax Annual Amount: $4,039
Tax Exemptions: None
Utilities Details
Cooling: Window/Wall Units - 3+
Heating: Electric
Sewer : Public Sewer
Location Details
Township: Northfield
Corporate Limits: Northbrook
Directions: Corner of Cherry Ln & Meadow Rd
County or Parish: Cook
Elementary School District: 28
Elementary School: Greenbriar Elementary School
Middle Or Junior School District: 28
Middle Or Junior School: Northbrook Junior High School
High School District: 225
High School: Glenbrook North High School
Other Details
Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $290
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/08/2022
|
2 Bed
|
2 Bath
|
1300 ft²
|
$179,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Kati Spaniak
eXp Realty
|
Building Info
About Northbrook
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Listed by: Kati Spaniak, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11700747
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11700747
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