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Glenview 60025
2718 Covert Road
$601,000
● House - Off Market

2718 Covert Road

Glenview, IL 60025
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,968 Ft²
$573,331
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

HIGHEST & BEST due by Saturday 6/10, at 11am.  Light & bright 2 story colonial on corner lot on quiet Glenview street. The charming front porch welcomes you into this warm & inviting home with 4 Bedrooms upstairs plus 1st floor Home Office. Sought after floor plan with Living Room, Dining Room, Kitchen and Family Room with fireplace focal point with sliders to the large Patio and lovely landscaped fenced yard creating the perfect place for friends and family to gather inside and out. The finished basement offers more space with the large Rec Room as well as additional storage. There is even a Generator! So many charming details- crown molding, lots of built-ins, generous room sizes and in convenient location... Welcome home!
Unit Size
2,968 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$194
Property Type
House
Property Taxes
$777
HOA Dues
-
Year Built
1975

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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: 3 years ago (MRED MLS #11791185)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
Jun 6, 2023 Listed by Compass $574,900
Listed by Compass

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,760
  • Total Building Area: 2,968
  • Gross Building Area: 2,968
  • Building Area: 2,968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,968
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: R W OLSEN GATEWAY GARDENS
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: East Maine School District 63
  • Census Tract: 805201

Geography

  • District: 22
  • Parcel: 09-11-200-040-0000
  • Meridian: SEC 11 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0646
  • Longitude: -87.8258

    Address

  • Full Address: 2718 Covert Rd
  • Address - House Number: 2718
  • Address - Street Name: Covert
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Glenview
  • Carrier Code: C069
  • 4-Digit Zip Code: 4605
  • Zip Code: 60025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,095,175
  • Tax Rate Code Area: 22025

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 600,761
  • High Value: 722,345
  • Low Value: 479,176

    Market Valuation

  • Market Total Value: $520,000
  • Market Land Value: $102,480
  • Market Improvement Value: $417,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,000
  • Assessed Land Value: $10,248
  • Assessed Improvements Value: $41,752

    Sales

  • Current Sale Contract Date: Jul 13, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 41111

    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 Glenview

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$330

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2676 ft²

Average Home Age

44.1 years

Currently For Sale

65 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 7125 Simpson Street, Morton Grove, IL, 60053

$3,795 /mo

  • 4 Beds
  • 2 Baths
  • 1,450 ft²
7125 Simpson Street, Morton Grove, IL, 60053 Listing by Marla Schneider
Unit for rent at 4144 Florence Way, Glenview, IL, 60025

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
4144 Florence Way #4144, Glenview, IL, 60025 Listing by Jina Yoonsun Park

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Missy Jerfita, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11791185
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 2718 Covert Road built and last sold?
The property at 2718 Covert Road was built in 1975 and last sold on Jul 13, 2023 for $601,000.
How much is this home worth?
The estimated value of the home located at 2718 Covert Road is $0.
What are some comparable homes to 2718 Covert Road?
There are currently no comparable homes to 2718 Covert Road.
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