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Glencoe 60022
314 South Avenue
$555,083
● House - Off Market

314 South Avenue

Glencoe, IL 60022
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$911,319
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

SUPER BRIGHT CORNER UNIT TOWN HOME MOVE IN READY FEATURING AN   OPEN KITCHEN FAMILY ROOM CONCEPT, WITH BEAUTIFUL HARDWOOD FLOORS, FIREPLACE, WITH FRENCH DOORS TO PATIO AND GREEN PRETTY YARD. EUROPEAN DESIGNER KITCHEN W GRANITE COUNTERTOPS, AND SS APPLIANCES. 2ND FLOOR LAUNDRY ROOM, AND NICE FINISHED BASEMENT.    3 LARGE BEDROOMS UP- EACH WITH IT'S OWN PRIVATE WELL APPOINTED NEWER BATH.      2 CAR ATTACHED LARGER GARAGE    A VERY WELL BUILT, TASTEFULLY DECORATED COMFORTABLE HOME.  GREAT LOCATION ACROSS FROM A QUIET PARK.  A SHORT 2 BLOCK WALK TO TOWN AND TRAIN.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$300
Property Type
House
Property Taxes
$1,061
HOA Dues
$255
Year Built
1989

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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

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,332
  • Total Building Area: 3,000
  • Gross Building Area: 3,000
  • Building Area: 3,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENCOE SOUTH CONDO
  • Land Acres: 0000000237
  • Standard Land Use Code: 1004
  • County Land Use Code: 2-99

Neighborhood

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

Geography

  • District: 23
  • Parcel: 05-07-402-024-1002
  • Lot: 9
  • Meridian: SEC 07 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.13
  • Longitude: -87.7545

    Address

  • Full Address: 314 South Ave
  • Address - House Number: 314
  • Address - Street Name: South
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C012
  • 4-Digit Zip Code: 1605
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,135,535
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 652,237
  • High Value: 776,549
  • Low Value: 527,925

    Market Valuation

  • Market Total Value: $558,120
  • Market Land Value: $87,180
  • Market Improvement Value: $470,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,812
  • Assessed Land Value: $8,718
  • Assessed Improvements Value: $47,094

    Sales

  • Current Sale Contract Date: Dec 06, 2018
  • Current Sale Recording Date: Dec 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1834455022
  • Previous Sale Recording Date: Apr 22, 2015
  • Previous Sale Contract Date: Apr 10, 2015
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: 71

    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 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 310 Jackson Avenue, Glencoe, IL, 60022

$3,500 /mo

  • 2 Beds
  • 2 Baths
310 Jackson Avenue, Glencoe, IL, 60022 Listing by Monica Childs
Unit for rent at 1862 Old Willow Road, Northfield, IL, 60093

$3,900 /mo

  • 3 Beds
  • 2 Baths
1862 Old Willow Road, Northfield, IL, 60093 Listing by Gloria Matlin

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Craig Stone, Stone Realty Group
Data Source: MRED, MLS# MRD10071394
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 314 South Avenue built and last sold?
The property at 314 South Avenue was built in 1989 and last sold on Dec 6, 2018 for $555,500.
How much is this home worth?
The estimated value of the home located at 314 South Avenue is $0.
What are some comparable homes to 314 South Avenue?
There are currently no comparable homes to 314 South Avenue.
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