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Glenview 60025
206 Montgomery Lane
$335,000
● House - Off Market

206 Montgomery Lane

Glenview, IL 60025
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,225 Ft²
$363,012
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Rarely available ranch with tons of potential in the desirable Park Manor neighborhood. Open concept living room and dining room with hardwood under the carpet. Eat-in kitchen with wood cabinets, Armstrong flooring, updated countertops, and white appliances. The bedroom wing has three good-sized bedrooms and a full hall bathroom with a tub/shower. The full basement offers tons of potential extra living space with a large main room, laundry area, and a second full bathroom. Detached 1 car garage. Great opportunity to customize this home to your liking.
Unit Size
1,225 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$269
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1952

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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.

Last updated: 3 years ago (MRED MLS #11193280)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Aug 18, 2021 Listed by Coldwell Banker Realty $329,500
Listed by Coldwell Banker Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 1,225
  • Gross Building Area: 1,225
  • Building Area: 1,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,225
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENVIEW PARK MANOR 2
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Northfield Township High School District 225
  • Census Tract: 805202

Geography

  • District: 22
  • Parcel: 09-12-436-007-0000
  • Meridian: SEC 12 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0592
  • Longitude: -87.8124

    Address

  • Full Address: 206 Montgomery Ln
  • Address - House Number: 206
  • Address - Street Name: Montgomery
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Glenview
  • Carrier Code: C075
  • 4-Digit Zip Code: 4927
  • Zip Code: 60025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $757,242
  • Tax Rate Code Area: 22024

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 402,460
  • High Value: 495,468
  • Low Value: 309,453

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $66,150
  • Market Improvement Value: $283,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $6,615
  • Assessed Improvements Value: $28,385

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2135539233

    Financing

  • First Mortgage Financing Type: FIX
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

2732 ft²

Average Home Age

42.9 years

Currently For Sale

57 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 7847 Maple Street, Morton Grove, IL, 60053

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
7847 Maple Street, Morton Grove, IL, 60053 Listing by George Tai
Unit for rent at 1750 Henley Street, Glenview, IL, 60025

$3,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
1750 Henley Street #25, Glenview, IL, 60025 Listing by Colleen Berg
Unit for rent at 8607 N Osceola Avenue, Niles, IL, 60714

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,340 ft²
8607 N Osceola Avenue, Niles, IL, 60714 Listing by Carol Harczak

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anne DuBray, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11193280
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 206 Montgomery Lane built and last sold?
The property at 206 Montgomery Lane was built in 1952 and last sold on Dec 1, 2021 for $335,000.
How much is this home worth?
The estimated value of the home located at 206 Montgomery Lane is $0.
What are some comparable homes to 206 Montgomery Lane?
There are currently no comparable homes to 206 Montgomery Lane.
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