$497,500
●
House -
Off Market
236 Evolution Avenue
Highwood, IL 60040
3 Beds
3 Baths
1,700 Ft²
$3,095
Est. Monthly
5.91%
Cap Rate
About This Property
Move right into this freshly updated home in Highwood, perfect for
today's buyers. Featuring 3 bedrooms and updated baths, this home
offers modern convenience and style. The spacious white eat-in
kitchen is equipped with stainless steel appliances, including a
high-end stove, and seamlessly connects to a large dining room,
perfect for gatherings. The home boasts hardwood floors throughout,
a generous living room,ample storage, all this and a large backyard
with a stone patio. Recent updates in the past 5 years include new
hardwood floors on the main level, new windows and doors, a new
roof on both the house and the detached 2.5-car garage, updated
electrical, a new chimney, recessed lighting, and a partially
finished basement. All situated in the vibrant town of Highwood!
For list of updates, please see broker's remarks.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$309
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1930
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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: 2 years ago (MRED MLS #12207737)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by @properties Christie's International Real Estate | $525,000 | |
| Listed by @properties Christie's International Real Estate | |||
| Nov 12, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 11, 2024 | Listed by @properties Christie's International Real Estate | $549,000 | |
| Listed by @properties Christie's International Real Estate | |||
| | |||
|
Move right into this freshly updated home in Highwood, perfect for today's buyers. Featuring 3 bedrooms and updated baths, this home offers modern convenience and style. The spacious white eat-in kitchen is equipped with stainless steel appliances, including a high-end stove, and seamlessly connects to a large dining room, perfect for gatherings. The home boasts hardwood floors throughout, a generous living room,ample storage, all this and a large backyard with a stone patio. Recent updates in the past 5 years include new hardwood floors on the main level, new windows and doors, a new roof on both the house and the detached 2.5-car garage, updated electrical, a new chimney, recessed lighting, and a partially finished basement. All situated in the vibrant town of Highwood! For list of updates, please see broker's remarks.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Highwood
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Listed by: Ila Coretti, @properties Christie's International Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12207737
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12207737
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