For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Glencoe 60022
229 SYLVAN Road
$1,034,630
● House - Off Market

229 SYLVAN Road

Glencoe, IL 60022
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,650 Ft²
$6,163
Est. Monthly
3.03%
Cap Rate

About This Property

VERY RARE. TREMENDOUS OPPORTUNITY TO LIVE ON A HUGE LOT ON A GORGEOUS RAVINE SETTING WITH A 'FLAT YARD SPACE!' AT THE BOTTOM OF THE RAVINE NEXT TO THE CREEK. GO HOME HAPPY.  BUILT IN 1923 THIS PRIME LOT WAS PURCHASED AND A STATELY BRICK HOME WAS BUILT WITH GREAT BONES. BEAUTIFUL OPEN STAIRCASE AND VINTAGE DETAILS THROUGHOUT. NEW KITCHEN WITH MARBLE COUNTERS AND CUSTOM CABINETRY MAKE THIS HOME SING. FOUR LARGE BEDROOMS ON THE SECOND FLOOR. HUGE ATTIC SPACE WITH ROOM FOR EXPANSION. FULL BASEMENT LEADS TO A ONE CAR GARAGE. EAST GLENCOE LOCATION NEAR METRA AND VILLAGE AMENITIES AND A MILE FROM THE LAKE AND BEACH. HARDWOOD FLOORS THROUGHOUT. SOUTH FACING AND SUNNY WITH STUNNING WRAP AROUND VIEWS THAT INCLUDE SEEING THE MEANDERING CREEK THROUGH YOUR LOT. THIS IS A ONCE IN DECADES CHANCE TO LIVE BEAUTIFULLY.
Unit Size
2,650 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$358
Property Type
House
Property Taxes
$1,498
HOA Dues
-
Year Built
1924

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MRED MLS #12214643)

Price History

Date / Event Date Event Price
Dec 16, 2024 Sold
Premium
Sold
Nov 28, 2024 In contract -
In contract
Nov 21, 2024 Listed by Best Chicago Properties, LLC $950,000
Listed by Best Chicago Properties, LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 63
  • Exterior Walls Type: 24
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,590
  • Total Building Area: 2,096
  • Gross Building Area: 2,096
  • Building Area: 2,096
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,096
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAVINE BLUFFS
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: RAVINE BLUFFS LOT 3

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 800100

Geography

  • District: 23
  • Parcel: 05-06-301-010-0000
  • Lot: 3
  • Meridian: SEC 06 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1449
  • Longitude: -87.7628

    Address

  • Full Address: 229 Sylvan Rd
  • Address - House Number: 229
  • Address - Street Name: Sylvan
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C002
  • 4-Digit Zip Code: 1225
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,797,050
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 807,309
  • High Value: 995,175
  • Low Value: 619,443

    Market Valuation

  • Market Total Value: $820,000
  • Market Land Value: $298,980
  • Market Improvement Value: $521,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,000
  • Assessed Land Value: $29,898
  • Assessed Improvements Value: $52,102

    Sales

  • Current Sale Contract Date: Oct 15, 2009
  • Current Sale Recording Date: Oct 27, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0930005025
  • Previous Sale Recording Date: Nov 12, 2008
  • Previous Sale Contract Date: Oct 29, 2008
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: 27
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 Glencoe

Stats & Trends

Median Asking:

$2,150,000

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

43

Average Home Size

5605 ft²

Average Home Age

38.9 years

Currently For Sale

23 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 1725 Happ Road, Northbrook, IL, 60062

$4,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
1725 Happ Road, Northbrook, IL, 60062 Listing by Daniel Nierman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Lale, Best Chicago Properties, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12214643
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 229 Sylvan Road built and last sold?
The property at 229 Sylvan Road was built in 1924 and last sold on Oct 15, 2009 for $482,500.
How much is this home worth?
The estimated value of the home located at 229 Sylvan Road is $0.
What are some comparable homes to 229 Sylvan Road?
There are currently no comparable homes to 229 Sylvan Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
New Trier Homes for Sale
New Trier Houses for Sale
New Trier Condos for Sale
New Trier Townhouses for Sale
New Trier Multifamily for Sale
New Trier Land for Sale
New Trier Commercial for Sale
New Trier Homes with Basements
Nearby Cities
Des Plaines Homes for Sale
Evanston Homes for Sale
Skokie Homes for Sale
Park Ridge Homes for Sale
Glenview Homes for Sale
Northbrook Homes for Sale
Highland Park Homes for Sale
Niles Homes for Sale
Nearby Property Records
Lake County, IL Property Records
Cook County, IL Property Records
DuPage County, IL Property Records
Kenosha County, WI Property Records
Kane County, IL Property Records
McHenry County, IL Property Records
Will County, IL Property Records
Racine County, WI Property Records
Neighborhoods
Edgewater Real Estate
Jefferson Park Real Estate
West Rogers Park Real Estate
Norwood Park Real Estate
Rogers Park Real Estate
Lincoln Square Real Estate
Edison Park Real Estate
O'Hare Real Estate
Nearby Counties
Maine Homes for Sale
Niles Homes for Sale
Northfield Homes for Sale
Evanston Homes for Sale
West Deerfield Homes for Sale
Moraine Homes for Sale
Top Real Estate Agents
Top Agents in New Trier
Top Agents in Maine
Top Agents in Niles
Top Agents in Northfield
Top Agents in 60640
Top Agents in Des Plaines
Top Agents in Edgewater
Top Agents in 60016