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Northbrook 60062
2930 KOEPKE Road
$529,701
● House - Off Market

2930 KOEPKE Road

Northbrook, IL 60062
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,163 Ft²
$3,059
Est. Monthly
5.00%
Cap Rate

About This Property

***MULTIPLE OFFERS RECEIVED***HIGHEST AND BEST IS DUE BY 8PM ON SUNDAY 2/11***HOME-SWEET-HOME. SOLID BRICK RANCH ON ALMOST 1/2 ACRE DEEP LOT IN DESIRABLE LOCATION.  THIS MOVE-IN READY HOME BOASTS SUNNY & BRIGHT SOUTHERN EXPOSURE LIVING ROOM, UPDATED KITCHEN WITH GRANITE COUNTERTOPS, FRESHLY PAINTED AND REFINISHED GLEAMING HARDWOOD FLOORS THROUGHOUT. BASEMENT WAS REMODELED IN 2021 WITH A 4TH BEDROOM, FULL BATH AND A HUGE RECREATION ROOM. ROOF AND WINDOWS WERE REPLACED IN 2010 (APPROX), AC/FURNACE, RANGE, HOOD, DISPOSAL WERE REPLACED IN 2021. HOME WARRANTY IS OFFERED BY SELLER (HWA, PLATINUM PACKAGE). GARAGE IS OUTDATED AND SOLD IN AS-IS.
Unit Size
1,163 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$420
Property Type
House
Property Taxes
$657
HOA Dues
-
Year Built
1962

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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 #11972631)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold
Premium
Sold
Feb 7, 2024 Listed by Baird & Warner $489,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,820
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 2,950
  • Total Building Area: 1,163
  • Gross Building Area: 1,163
  • Building Area: 1,163
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,163
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEVELVIEW ACRES
  • Land Acres: 0000000409
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Northbrook Elementary School District 27
  • Census Tract: 801606

Geography

  • District: 25
  • Parcel: 04-17-202-022-0000
  • Block: 1
  • Lot: 32
  • Meridian: SEC 17 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1223
  • Longitude: -87.8523

    Address

  • Full Address: 2930 Koepke Rd
  • Address - House Number: 2930
  • Address - Street Name: Koepke
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C044
  • 4-Digit Zip Code: 5818
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $788,532
  • Tax Rate Code Area: 25076

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 483,975
  • High Value: 532,909
  • Low Value: 435,041

    Market Valuation

  • Market Total Value: $349,990
  • Market Land Value: $174,990
  • Market Improvement Value: $175,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,999
  • Assessed Land Value: $17,499
  • Assessed Improvements Value: $17,500

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14412
  • Previous Sale Recording Date: Nov 08, 2021
  • Previous Sale Contract Date: Oct 26, 2021
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: 71
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:

$717,000

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2907 ft²

Average Home Age

45.3 years

Currently For Sale

63 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 1739 Tudor Lane, Northbrook, IL, 60062

$2,900 /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: Sarah Han, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11972631
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 2930 Koepke Road built and last sold?
The property at 2930 Koepke Road was built in 1962 and last sold on Feb 16, 2024 for $530,000.
How much is this home worth?
The estimated value of the home located at 2930 Koepke Road is $0.
What are some comparable homes to 2930 Koepke Road?
There are currently no comparable homes to 2930 Koepke Road.
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