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Northbrook 60062
2402 Oak Avenue
$670,000
● House - Off Market

2402 Oak Avenue

Northbrook, IL 60062
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,300 Ft²
$794,526
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Fantastic brick home. Built with highest quality materials. Great location, school district #28. Open floorplan. 4 bedroom, 3.5 bath. Family room open to a large kitchen with island, granite countertops, Bosch stainless steel appliances. Formal dining room with dual fireplace into the family room. Hardwood floors throughout. Beautiful master suite with Jacuzzi tub. Finished basement with 4th bedroom, great room and full bath. Murphy wall bed in a basement bedroom/office Renovated garage 2019. Roof 2019. 2 new HVAC systems. 2 new air conditioner units in 2020. New sump pump in 2019. Battery backup and backup pump. Fenced back yard with Rainbow Systems swings set and a shed. Your family will love it.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$304
Property Type
House
Property Taxes
$1,117
HOA Dues
-
Year Built
2007

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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 #11093688)

Price History

Date / Event Date Event Price
Sep 7, 2021 Sold
Premium
Sold
May 29, 2021 Listed by Berkshire Hathaway HomeServices Chicago $699,900
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 60
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,104
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 520
  • Total Building Area: 2,300
  • Gross Building Area: 2,300
  • Building Area: 2,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHBROOK MANOR
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (NORTHBROOK)(MANOR) A SUB OF THE SH SH SE EX THE NLY 16 RDS OF THE ELY 40 RDS & THE EH OF THE SH OF THE SH OF THE SW SH SH SH

Neighborhood

  • School District Name: Northbrook School District 28
  • Census Tract: 801701

Geography

  • District: 25
  • Parcel: 04-09-305-011-0000
  • Block: 6
  • Lot: 1
  • Meridian: SEC 09 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1254
  • Longitude: -87.8392

    Address

  • Full Address: 2402 Oak Ave
  • Address - House Number: 2402
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C060
  • 4-Digit Zip Code: 5222
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,436,827
  • Tax Rate Code Area: 25032

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 750,542
  • High Value: 921,425
  • Low Value: 579,658

    Market Valuation

  • Market Total Value: $710,000
  • Market Land Value: $92,350
  • Market Improvement Value: $617,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,000
  • Assessed Land Value: $9,235
  • Assessed Improvements Value: $61,765

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2126428507
  • Previous Sale Recording Date: Jan 16, 2013
  • Previous Sale Contract Date: Dec 28, 2012
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$699,950

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2914 ft²

Average Home Age

43.4 years

Currently For Sale

64 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 1948 Lincoln Avenue, Northbrook, IL, 60062

$2,950 /mo

  • 3 Beds
  • 2 Baths
1948 Lincoln Avenue, Northbrook, IL, 60062 Listing by Emilia Salonikas
Unit for rent at 1739 Tudor Lane, Northbrook, IL, 60062

$2,999 /mo

  • 2 Beds
  • 1 Bath
1739 Tudor Lane #308, Northbrook, IL, 60062 Listing by Eunice Lee

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marina Jacobson, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11093688
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 2402 Oak Avenue built and last sold?
The property at 2402 Oak Avenue was built in 2007 and last sold on Sep 1, 2021 for $670,000.
How much is this home worth?
The estimated value of the home located at 2402 Oak Avenue is $708,543.
What are some comparable homes to 2402 Oak Avenue?
There are currently no comparable homes to 2402 Oak Avenue.
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