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Northbrook 60062
2515 The Strand
$905,000
● House - Off Market

2515 The Strand

NORTHBROOK, IL 60062
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
4,000 Ft²
$1,491,460
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

This spectacular brick home on over 1/2 acre has been beautifully appointed with the finest finishes and exceptional floor plan. This spacious home welcomes you with the stunning foyer, elegant living and dining rooms, inviting family room, gourmet kitchen, and bright sun room. The private master suite includes a serene sitting room, luxurious master bath, and huge walk in closet. There are 4 upstairs bedrooms and 3 upstairs full bathrooms, plus 2 main level powder rooms, main floor office and convenient laundry room. Gleaming hardwood floors, 4 fireplaces, 3 car garage, finished basement, expansive backyard with swimming pool and separate full bath, plus so many recent renovations and updates. Fabulous District 30 location, walk to park, close to schools, 2 metra train stations, expressways and shopping!
Unit Size
4,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$232
Property Type
House
Property Taxes
$1,408
HOA Dues
-
Year Built
1970

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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 #09484266)

Price History

Date / Event Date Event Price
Jun 23, 2017 Sold
Premium
Sold
Jan 24, 2017 Listed by Coldwell Banker Residential $929,000
Listed by Coldwell Banker Residential

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • 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: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,081
  • Total Building Area: 3,631
  • Gross Building Area: 3,631
  • Building Area: 3,631
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,631
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEHEDGE A SUB OF PT OF NE NW SEC 21
  • Land Acres: 0000000553
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (STONEHEDGE) A SUB OF PT OF NE NW SEC 21-42-12

Neighborhood

  • School District Name: Northbrook/Glenview School District 30
  • Census Tract: 801608

Geography

  • District: 25
  • Parcel: 04-21-109-012-0000
  • Lot: 44
  • Meridian: SEC 21 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.107
  • Longitude: -87.843

    Address

  • Full Address: 2515 The Strand
  • Address - House Number: 2515
  • Address - Street Name: The Strand
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C049
  • 4-Digit Zip Code: 6545
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,322,121
  • Tax Rate Code Area: 25037

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,099,787
  • High Value: 1,350,187
  • Low Value: 849,388

    Market Valuation

  • Market Total Value: $1,009,980
  • Market Land Value: $504,980
  • Market Improvement Value: $505,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,998
  • Assessed Land Value: $50,498
  • Assessed Improvements Value: $50,500

    Sales

  • Current Sale Contract Date: Apr 24, 2017
  • Current Sale Recording Date: Jun 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1718008002
  • Previous Sale Recording Date: Apr 04, 2012
  • Previous Sale Contract Date: Mar 26, 2012
  • Previous Sale Amount: $732,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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:

$699,900

Sale Price/ft²

$299

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2852 ft²

Average Home Age

43.6 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 3402 Winnetka Road, Glenview, IL, 60026

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,353 ft²
3402 Winnetka Road, Glenview, IL, 60026 Listing by Halina Okowinski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09484266
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 2515 The Strand built and last sold?
The property at 2515 The Strand was built in 1970 and last sold on Apr 24, 2017 for $905,000.
How much is this home worth?
The estimated value of the home located at 2515 The Strand is $0.
What are some comparable homes to 2515 The Strand?
There are currently no comparable homes to 2515 The Strand.
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