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Glencoe 60022
299 Vernon Avenue
$1,450,000
● House - Off Market

299 Vernon Avenue

Glencoe, IL 60022
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,225 Ft²
$9,129
Est. Monthly
1.63%
Cap Rate

About This Property

Fall in love with this charming updated home in the heart of Glencoe on .257 acres with a magnificently lush landscaped back yard. Chefs kitchen with breakfast area off Family Room that looks out to beautiful back yard. Fabulous addition with barrel ceiling attaching house to extra large 2 car garage. Addition hosts mudroom Laundry area and great pantry/closets. Large family room and dining room with freshly sanded and stained floors. First floor office great for working ay home from! 4 bedrooms and 2 full baths on 2nd floor, primary suite has walk-in shower and double bowl sinks. 2 additional bedrooms plus full bath are on the 3rd floor. You can't beat this location by Watts Park, Rec Center, South School and in between downtown Glencoe and Hubbard Woods!
Unit Size
3,225 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$434
Property Type
House
Property Taxes
$2,259
HOA Dues
-
Year Built
1928

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • 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: 11,200
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,225
  • Gross Building Area: 3,225
  • Building Area: 3,225
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,225
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHICAGO & NORTH SHORE LAND
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (CHICAGO) & (NORTH) SHORE (LAND) COMPANYS SUB IN SECS 17 & 18 SEC 18-42-13

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 800200

Geography

  • District: 23
  • Parcel: 05-18-202-001-0000
  • Block: 2,2
  • Lot: 12,11
  • Meridian: SEC 18 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1227
  • Longitude: -87.7559

    Address

  • Full Address: 299 Vernon Ave
  • Address - House Number: 299
  • Address - Street Name: Vernon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C006
  • 4-Digit Zip Code: 2150
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,528,868
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,348,370
  • High Value: 1,657,059
  • Low Value: 1,039,681

    Market Valuation

  • Market Total Value: $1,140,000
  • Market Land Value: $280,000
  • Market Improvement Value: $860,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,000
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $86,000

    Sales

  • Current Sale Contract Date: Dec 08, 1999
  • Current Sale Recording Date: Dec 14, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 09160786
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 Glencoe

Stats & Trends

Median Asking:

$2,145,000

Sale Price/ft²

$444

Below Asking

0.01%

Average Days on Market

41

Average Home Size

5306 ft²

Average Home Age

34.2 years

Currently For Sale

17 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 281 Graemere Street, Northfield, IL, 60093

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 3,000 ft²
281 Graemere Street, Northfield, IL, 60093 Listing by Monica Childs
Unit for rent at 1725 Happ Road, Northbrook, IL, 60062

$4,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
1725 Happ Road, Northbrook, IL, 60062 Listing by Daniel Nierman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ted Pickus, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12401105
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 299 Vernon Avenue built and last sold?
The property at 299 Vernon Avenue was built in 1928 and last sold on Dec 8, 1999 for $787,500.
How much is this home worth?
The estimated value of the home located at 299 Vernon Avenue is $0.
What are some comparable homes to 299 Vernon Avenue?
There are currently no comparable homes to 299 Vernon Avenue.
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