$449,900
●
Condo -
Off Market
2640 Summit Drive #301
Glenview, IL 60025
2 Beds
2 Baths
1,400 Ft²
$3,117
Est. Monthly
$479
HOA / Fees
3.56%
Cap Rate
About This Property
Welcome to 2640 Summit - 2BD/2BA Penthouse Unit in the Sought-After
Heatherfield Community! This penthouse offers a smart,
open floor plan with a seamless living and dining area, perfect for
everyday living and entertaining. The gourmet kitchen is a chef's
dream, featuring a spacious peninsula and stainless steel
appliances. The primary suite offers a generous
bedroom size, ample closet space, and en-suite bath with a separate
soaking tub and shower. Additional conveniences include parking
space (#10) located right next to the elevator and a huge storage
locker to meet all your storage needs. Just minutes
from The Glen, expressways, shopping, and all the incredible dining
options Glenview has to offer, this home combines functionality in
an unbeatable location.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$321
Property Type
Condo
Property Taxes
$429
HOA Dues
$479
Year Built
-
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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: 2 years ago (MRED MLS #12265053)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Jan 13, 2025 | Listed by Coldwell Banker Realty | $449,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Elevator
Parking Available
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: N/A
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Laundry Hook-Up in Unit
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 26-30 Years
Rebuilt(Y/N): No
Parcel Number: 04232030041021
Property Type: Residential
Year Built: 1999
No Disability Access
Special Conditions: None
Lot Features: Common Grounds, Landscaped, Park Adjacent
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2023
Tax Annual Amount: $5,146
Tax Exemptions: Senior, Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Northfield
Corporate Limits: Glenview
Directions: Willow to Waukegan-to 1st light-Westleigh w to Summit
County or Parish: Cook
Elementary School District: 34
Elementary School: Lyon Elementary School
Middle Or Junior School District: 34
Middle Or Junior School: Attea Middle School
High School District: 225
High School: Glenbrook South High School
Other Details
Association Fee Includes: Water, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $479
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/20/2026
|
3 Bed
|
2 Bath
|
2069 ft²
|
$685,000
3 Bed
2 Bath
2069 ft²
|
$685,000
06/30/2026
|
Jennifer Noone
Berkshire Hathaway HomeServices Chicago
| |
|
07/04/2024
|
2 Bed
|
2 Bath
|
1400 ft²
|
$449,900
2 Bed
2 Bath
1400 ft²
|
$476,500
+5.91%
08/16/2024
|
Nancy Gibson
Goggin Real Estate LLC
| |
|
05/16/2025
|
2 Bed
|
2 Bath
|
1824 ft²
|
$549,000
2 Bed
2 Bath
1824 ft²
|
$561,000
+2.19%
07/03/2025
|
Chrys Athanasakos
Jameson Sotheby's Intl Realty
| |
|
04/18/2025
|
3 Bed
|
2 Bath
|
2000 ft²
|
$610,000
3 Bed
2 Bath
2000 ft²
|
$635,000
+4.10%
05/21/2025
|
Paula McGrath
@properties Christie's International Real Estate
| |
|
03/27/2025
|
3 Bed
|
2 Bath
|
2069 ft²
|
$552,000
3 Bed
2 Bath
2069 ft²
|
$540,000
-2.17%
06/04/2025
|
Chrys Athanasakos
Jameson Sotheby's Intl Realty
| |
|
01/13/2025
|
2 Bed
|
2 Bath
|
1400 ft²
|
$449,900
2 Bed
2 Bath
1400 ft²
|
$449,900
02/07/2025
|
Pete Mangione
Coldwell Banker Realty
| |
|
09/16/2024
|
2 Bed
|
3 Bath
|
1824 ft²
|
$549,000
2 Bed
3 Bath
1824 ft²
|
$549,000
10/17/2024
|
Colin Gubbins
Coldwell Banker Realty
| |
|
04/12/2024
|
3 Bed
|
3 Bath
|
2069 ft²
|
$575,000
3 Bed
3 Bath
2069 ft²
|
$552,000
-4.00%
05/29/2024
|
Martha May
Berkshire Hathaway HomeServices Chicago
| |
|
03/06/2024
|
3 Bed
|
3 Bath
|
2060 ft²
|
$599,000
3 Bed
3 Bath
2060 ft²
|
$617,500
+3.09%
04/01/2024
|
Vittoria Logli
@properties Christie's International Real Estate
| |
|
11/27/2023
|
3 Bed
|
3 Bath
|
2063 ft²
|
$549,000
3 Bed
3 Bath
2063 ft²
|
$500,000
-8.93%
01/31/2024
|
Jim Stavros
Anthony Stavros
| |
|
03/22/2023
|
1 Bed
|
2 Bath
|
1365 ft²
|
$329,900
1 Bed
2 Bath
1365 ft²
|
$335,000
+1.55%
04/24/2023
|
Martha May
Berkshire Hathaway HomeServices Chicago
| |
|
08/18/2020
| |
Loft
|
2 Bath
|
-
|
$360,000
Loft
2 Bath
|
-
-
|
Stevie Sims
Coldwell Banker Residential
|
|
03/27/2017
|
2 Bed
|
2 Bath
|
1604 ft²
|
$360,000
2 Bed
2 Bath
1604 ft²
|
$346,000
-3.89%
05/10/2017
|
Ellen Stern
Berkshire Hathaway HomeServices Chicago
| |
|
03/09/2017
|
2 Bed
|
2 Bath
|
1604 ft²
|
$360,000
2 Bed
2 Bath
1604 ft²
|
$345,000
-4.17%
06/30/2017
|
Alice Choi
Homesmart Connect LLC
| |
|
01/06/2017
|
2 Bed
|
2 Bath
|
1360 ft²
|
$324,000
2 Bed
2 Bath
1360 ft²
|
$310,000
-4.32%
08/15/2017
|
Maureen Mohling
@properties Christie's International Real Estate
| |
|
04/01/2008
|
2 Bed
|
2 Bath
|
1964 ft²
|
$475,000
2 Bed
2 Bath
1964 ft²
|
$417,500
-12.11%
07/02/2008
|
Janet Staackmann
@properties Christie's International Real Estate
| |
|
06/18/2007
|
2 Bed
|
2 Bath
|
1534 ft²
|
$429,000
2 Bed
2 Bath
1534 ft²
|
$427,000
-0.47%
07/10/2007
|
Nam Seo
RE/MAX United
|
Building Info
About Glenview
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Listed by: Jenny Lim-Spiggos, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12265053
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# 12265053
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