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Highland Park 60035
24 Scott Loop
$1,300,000
● House - Off Market

24 Scott Loop

HIGHLAND PARK, IL 60035
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,431 Ft²
$2,368,298
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Call for your exclusive showing of this captivating unobstructed home w/views of Lake Michigan's gentle rolling waves that can be viewed year round from this stunning award winning mansion that borders the lake. Crazy amount of storage, elevator, Geo-Thermal HVAC, HEATED 4 Car Gar & DRIVEWAY. 2003 total renovation, all new elec.& plumbing 2003. Plus there are plans for a pool. (only homes on the lake can have a pool in FT. Sheridan) Every detail you can think of, was thought of!  THIS HOME IS A SHORT SALE... all in progress!
Unit Size
5,431 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$258
Property Type
House
Property Taxes
$2,209
HOA Dues
$119
Year Built
1890

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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.

Last updated: 3 years ago (MRED MLS #09084161)

Price History

Date / Event Date Event Price
Jul 28, 2016 Sold
Premium
Sold
Nov 11, 2015 Listed by Coldwell Banker Realty $1,400,000
Listed by Coldwell Banker Realty

Property Highlights

Elevator
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 27
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,425
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 5,381
  • Gross Building Area: 5,381
  • Building Area: 3,381
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,381
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE TOWN OF FORT SHERIDAN SUB
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: THE TOWN OF FORT SHERIDAN SUB; LOT 266

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 865501

Geography

  • Assessors Map Reference: 2650-D7
  • District: MORAINE
  • Parcel: 16-11-102-012
  • Lot: 266
  • Municipality: TWP OF MORAINE
  • Latitude: 42.2201
  • Longitude: -87.8069

    Address

  • Full Address: 24 Scott Loop
  • Address - House Number: 24
  • Address - Street Name: Scott
  • Address - Suffix Type: Loop
  • State: IL
  • City Name: Highland Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 5906
  • Zip Code: 60035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,800,374
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 18004

    Appraisal Valuation

  • Standard Deviation: 0.2088
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 1,359,505
  • High Value: 1,643,391
  • Low Value: 1,075,619

    Market Valuation

  • Market Total Value: $992,707
  • Market Land Value: $225,683
  • Market Improvement Value: $767,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,869
  • Assessed Land Value: $75,220
  • Assessed Improvements Value: $255,649

    Sales

  • Current Sale Contract Date: Jul 28, 2016
  • Current Sale Recording Date: Aug 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7319759
  • Previous Sale Recording Date: Mar 10, 2000
  • Previous Sale Contract Date: Mar 01, 2000
  • Previous Sale Amount: $1,067,000
  • 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 Highland Park

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$310

Below Asking

0.01%

Average Days on Market

42

Average Home Size

3511 ft²

Average Home Age

62.7 years

Currently For Sale

54 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 20 Webster Avenue, Highwood, IL, 60040

$3,824 /mo

  • 3 Beds
  • 2 Baths
  • 1,791 ft²
20 Webster Avenue #C, Highwood, IL, 60040 Listing by Lauren Evett
Unit for rent at 34 Washington Road, Lake Forest, IL, 60045

$4,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,550 ft²
34 Washington Road, Lake Forest, IL, 60045 Listing by Amy Proeh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marnie Beilin, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09084161
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 24 Scott Loop built and last sold?
The property at 24 Scott Loop was built in 1890 and last sold on Jul 28, 2016 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 24 Scott Loop is $0.
What are some comparable homes to 24 Scott Loop?
There are currently no comparable homes to 24 Scott Loop.
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