2701 Commons Drive #311
About This Property
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 21, 2021 | In contract | - | |
| In contract | |||
| Apr 8, 2021 | Listed | $500,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/06/2025
|
2 Bed
|
2 Bath
|
1765 ft²
|
$625,000
2 Bed
2 Bath
1765 ft²
|
$640,000
+2.40%
01/06/2026
|
Janet Borden
Compass
| |
|
05/20/2025
|
2 Bed
|
2 Bath
|
-
|
$625,000
2 Bed
2 Bath
|
$656,001
+4.96%
06/23/2025
|
JoAnn Casali, ABR,CRS,e-PRO,GRI,SFR,SRES
Berkshire Hathaway HomeServices Chicago
| |
|
08/01/2024
|
1 Bed
|
2 Bath
|
1160 ft²
|
$430,000
1 Bed
2 Bath
1160 ft²
|
$420,000
-2.33%
09/10/2024
|
Connie Dornan
@properties Christie's International Real Estate
| |
|
10/26/2023
|
2 Bed
|
2 Bath
|
-
|
$539,000
2 Bed
2 Bath
|
$558,000
+3.53%
12/04/2023
|
Susan Sullivan
@properties Christie's International Real Estate
| |
|
09/06/2023
|
2 Bed
|
2 Bath
|
1400 ft²
|
$569,000
2 Bed
2 Bath
1400 ft²
|
$601,000
+5.62%
10/25/2023
|
Richard Yen
Realty 8 Inc.
| |
|
08/28/2023
|
2 Bed
|
2 Bath
|
-
|
$565,000
2 Bed
2 Bath
|
$580,000
+2.65%
10/11/2023
|
Kelly Parker
Compass
| |
|
09/29/2022
|
2 Bed
|
2 Bath
|
1400 ft²
|
$539,000
2 Bed
2 Bath
1400 ft²
|
$539,000
12/30/2022
|
Connie Dornan
@properties Christie's International Real Estate
| |
|
07/25/2022
|
1 Bed
|
2 Bath
|
1163 ft²
|
$439,000
1 Bed
2 Bath
1163 ft²
|
-
-
|
Bonnie Doyle
Landstar Realty Group Inc.
| |
|
03/06/2022
|
2 Bed
|
2 Bath
|
1400 ft²
|
$535,000
2 Bed
2 Bath
1400 ft²
|
$520,000
-2.80%
04/29/2022
|
Richard Yen
Realty 8 Inc.
| |
|
05/13/2021
|
2 Bed
|
2 Bath
|
1400 ft²
|
$519,000
2 Bed
2 Bath
1400 ft²
|
$500,000
-3.66%
06/30/2021
|
Sharon Dolezal
Compass
| |
|
04/08/2021
|
2 Bed
|
2 Bath
|
-
|
$500,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
09/02/2018
|
2 Bed
|
2 Bath
|
1400 ft²
|
-
2 Bed
2 Bath
1400 ft²
|
-
-
|
-
| |
|
07/11/2017
|
2 Bed
|
2 Bath
|
1400 ft²
|
$525,000
2 Bed
2 Bath
1400 ft²
|
$510,000
-2.86%
08/18/2017
|
Richard Yen
Realty 8 Inc.
| |
|
01/25/2017
|
2 Bed
|
2 Bath
|
1400 ft²
|
$481,729
2 Bed
2 Bath
1400 ft²
|
$481,729
01/30/2017
|
Bill Flemming
Homesmart Connect LLC
|
Building Info
About Glenview
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