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Northbrook 60062
2328 Walters Avenue
$799,900
● House - Off Market

2328 Walters Avenue

Northbrook, IL 60062
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,832 Ft²
$818,366
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Location, Location!  This beautiful home is situated on a gorgeous, private lot that is over half an acre!  Four plus bedrooms, three on the second level and two on the main level.  Home offers wide plank hardwood flooring on the main level with an open flow throughout.  The kitchen is updated and boasts newer stainless steel appliances, maple cabinets, an island, desk space and granite counters. Breezeway/Mud room off the garage with tons of space and windows.  The home has been freshly painted with today's colors and ready to move right in!  Natural light flows throughout.  Beautifully, newly finished basement in 2019 with vinyl flooring, loads of storage, and plumbed for a fourth bathroom.  Excellent location, close to town, train, library, Greenbriar School and shopping!
Unit Size
3,832 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$209
Property Type
House
Property Taxes
$1,205
HOA Dues
-
Year Built
1949

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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 #11420452)

Price History

Date / Event Date Event Price
Jul 25, 2022 Sold
Premium
Sold
Jun 8, 2022 Listed by Baird & Warner $799,900
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,420
  • Total Building Area: 2,749
  • Gross Building Area: 2,749
  • Building Area: 2,749
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,749
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHFIELD ACRES
  • Land Acres: 0000000561
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06

Neighborhood

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

Geography

  • District: 25
  • Parcel: 04-09-405-010-0000
  • Lot: 19
  • Meridian: SEC 09 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1277
  • Longitude: -87.8379

    Address

  • Full Address: 2328 Walters Ave
  • Address - House Number: 2328
  • Address - Street Name: Walters
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C061
  • 4-Digit Zip Code: 4532
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,639,656
  • Tax Rate Code Area: 25032

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 852,915
  • High Value: 1,024,870
  • Low Value: 680,961

    Market Valuation

  • Market Total Value: $739,960
  • Market Land Value: $369,960
  • Market Improvement Value: $370,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,996
  • Assessed Land Value: $36,996
  • Assessed Improvements Value: $37,000

    Sales

  • Current Sale Contract Date: Jun 20, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34084
  • Previous Sale Recording Date: Jun 09, 2016
  • Previous Sale Contract Date: May 23, 2016
  • Previous Sale Amount: $665,000
  • 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:

$722,000

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

46

Average Home Size

3150 ft²

Average Home Age

36.6 years

Currently For Sale

66 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gina Purdy, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11420452
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 2328 Walters Avenue built and last sold?
The property at 2328 Walters Avenue was built in 1949 and last sold on Jun 20, 2022 for $800,000.
How much is this home worth?
The estimated value of the home located at 2328 Walters Avenue is $807,899.
What are some comparable homes to 2328 Walters Avenue?
There are currently no comparable homes to 2328 Walters Avenue.
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