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Northbrook 60062
2117 Illinois Road
$700,000
● House - Off Market

2117 Illinois Road

Northbrook, IL 60062
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,422 Ft²
$4,551
Est. Monthly
4.68%
Cap Rate
Unit Size
2,422 Ft²
Days on Market
-
Land Size
-
Price per sqft
$312
Property Type
House
Property Taxes
$843
HOA Dues
-
Year Built
1940

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,422
  • Gross Building Area: 2,422
  • Building Area: 2,422
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,422
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHBROOK MANOR
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (NORTHBROOK)(MANOR) A SUB OF THE SH SH SE EX THE NLY 16 RDS OF THE ELY 40 RDS & THE EH OF THE SH OF THE SH OF THE SW SH SH SH

Neighborhood

  • School District Name: Northbrook School District 28
  • Census Tract: 801702

Geography

  • District: 25
  • Parcel: 04-09-419-019-0000
  • Block: 13
  • Meridian: SEC 09 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.124
  • Longitude: -87.8326

    Address

  • Full Address: 2117 Illinois Rd
  • Address - House Number: 2117
  • Address - Street Name: Illinois
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C018
  • 4-Digit Zip Code: 5234
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,275,894
  • Tax Rate Code Area: 25032

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 743,699
  • High Value: 913,025
  • Low Value: 574,374

    Market Valuation

  • Market Total Value: $570,600
  • Market Land Value: $108,000
  • Market Improvement Value: $462,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,060
  • Assessed Land Value: $10,800
  • Assessed Improvements Value: $46,260

    Sales

  • Current Sale Contract Date: Jan 02, 2002
  • Current Sale Recording Date: Jan 08, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0030035367
  • Previous Sale Recording Date: Dec 29, 1997
  • Previous Sale Contract Date: Nov 19, 1997
  • Previous Sale Amount: $388,000
  • Previous Sale Document Type: 71
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:

$715,000

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2907 ft²

Average Home Age

43 years

Currently For Sale

63 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 1706 Illinois Road, Northbrook, IL, 60062

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,516 ft²
1706 Illinois Road, Northbrook, IL, 60062 Listing by Richard Richker
Unit for rent at 1029 Enfield Drive, Northbrook, IL, 60062

$3,900 /mo

  • 3 Beds
  • 2 Baths
1029 Enfield Drive, Northbrook, IL, 60062 Listing by Ming Dou

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: C Bryce Fuller, Baird & Warner
Data Source: MRED, MLS# MRD12463315
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 2117 Illinois Road built and last sold?
The property at 2117 Illinois Road was built in 1940 and last sold on Jan 2, 2002 for $291,250.
How much is this home worth?
The estimated value of the home located at 2117 Illinois Road is $765,061.
What are some comparable homes to 2117 Illinois Road?
There are currently no comparable homes to 2117 Illinois Road.
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