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Wilmette 60091
2245 Washington Avenue
$460,000
● House - Off Market

2245 Washington Avenue

Wilmette, IL 60091
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,049 Ft²
$3,041
Est. Monthly
3.17%
Cap Rate

About This Property

SUPER ADORABLE 2 bedroom Wilmette ranch on a corner lot in the best location! Living room FIREPLACE and a 1 car garage! Walking distance to all three schools. NEW ROOF and GUTTERS! NEW APPLIANCES! All hardwood floors! Bathroom remodeled in 2020. HVAC is less than 5 years old. Recent painting! Full unfinished basement to add more living space! This is a must see number 10!
Unit Size
1,049 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$447
Property Type
House
Property Taxes
$737
HOA Dues
-
Year Built
1950

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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: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 7,329
  • Total Building Area: 1,049
  • Gross Building Area: 1,049
  • Building Area: 1,049
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,049
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MESTIJANS SUB
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (MESTIJANS) SUB OF LT 1 IN SUB OF LT 3 IN COUNTY CLER KS DIVN OF FRACL SEC 33 EX SEGERS SUB & SPRINGERS ADD TO WILMETTE SEC 3

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 801000

Geography

  • District: 23
  • Parcel: 05-33-111-090-0000
  • Lot: 1,3
  • Meridian: SEC 33 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0754
  • Longitude: -87.732

    Address

  • Full Address: 2245 Washington Ave
  • Address - House Number: 2245
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C023
  • 4-Digit Zip Code: 2374
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $837,598
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2298
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 460,762
  • High Value: 566,656
  • Low Value: 354,868

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $128,260
  • Market Improvement Value: $261,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $12,826
  • Assessed Improvements Value: $26,174

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2032421169
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 Wilmette

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$409

Above Asking

0.00%

Average Days on Market

40

Average Home Size

2072 ft²

Average Home Age

44.4 years

Currently For Sale

32 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

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MRED

Listed by: Shara Fata, Hashlang, Inc.
Data Source: MRED, MLS# MRD12269010
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 2245 Washington Avenue built and last sold?
The property at 2245 Washington Avenue was built in 1950 and last sold on Oct 21, 2020 for $308,000.
How much is this home worth?
The estimated value of the home located at 2245 Washington Avenue is $0.
What are some comparable homes to 2245 Washington Avenue?
There are currently no comparable homes to 2245 Washington Avenue.
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