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Northfield 60093
2284 Bracken Lane
$975,000
● Land - Off Market

2284 Bracken Lane

Northfield, IL 60093
bedrooms
Studio
bathrooms
0 Bath
$950,591
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Vacant corner lot 166x386 on private lane in Northfield - House that was on this parcel has been removed - only standing structure is garage. Can also be purchased together with 2260 Bracken lane.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1953

Payment Calculator

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Cap Rate Calculator

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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 #11707206)

Price History

Date / Event Date Event Price
Jun 7, 2023 Sold
Premium
Sold
Jan 24, 2023 Listed by @properties Christie's International Real Estate $949,000
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,913
  • Total Building Area: 2,707
  • Gross Building Area: 2,707
  • Building Area: 2,707
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,707
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001329
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04

Neighborhood

  • School District Name: Sunset Ridge School District 29
  • Census Tract: 801800

Geography

  • District: 25
  • Parcel: 04-24-102-029
  • Meridian: SEC 24 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1023
  • Longitude: -87.7888

    Address

  • Full Address: 2284 Bracken Ln
  • Address - House Number: 2284
  • Address - Street Name: Bracken
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Northfield
  • Carrier Code: C033
  • 4-Digit Zip Code: 2903
  • Zip Code: 60093

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $1,592,472
  • Tax Rate Code Area: 25029

    Appraisal Valuation

  • Standard Deviation: 0.2198
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 69
  • Final Value: 963,048
  • High Value: 1,174,732
  • Low Value: 751,365

    Market Valuation

  • Market Total Value: $671,790
  • Market Land Value: $405,390
  • Market Improvement Value: $266,400

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $67,179
  • Assessed Land Value: $40,539
  • Assessed Improvements Value: $26,640

    Sales

  • Current Sale Contract Date: Apr 09, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2011407363
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 Northfield

Stats & Trends

Median Asking:

$765,000

Sale Price/ft²

$335

Below Asking

0.01%

Average Days on Market

42

Average Home Size

3901 ft²

Average Home Age

46.9 years

Currently For Sale

17 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

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MRED

Listed by: Annika Valdiserri, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11707206
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 2284 Bracken Lane built and last sold?
The property at 2284 Bracken Lane was built in 1953 and last sold on Apr 9, 2020 for $825,000.
How much is this home worth?
The estimated value of the home located at 2284 Bracken Lane is $0.
What are some comparable homes to 2284 Bracken Lane?
There are currently no comparable homes to 2284 Bracken Lane.
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