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Wilmette 60091
3163 HILL Lane
$486,000
● House - Off Market

3163 HILL Lane

WILMETTE, IL 60091
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,804 Ft²
$903,882
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

PRICED FOR QUICK SALE!BEST VALUE,IN QUITE ST,EXCL MAINT &MOVE IN COND.OVER 1800 SQFT.DESIRED NEW TRIER SCHL!RICH HWD FLR T-OUT!CATHEDRAL CEILS!SO MUCH NEW!NEWER WINDOWS,FURNACE,FRT DR,ROOF,GUTTERS,WATER HEATER,SEWER PIPE,APPLS.FRESH PAINT.NEW SHED.HUGE FR W/NEW FRENCH DR.UPGRD KIT,2 NEW BATHS!NEW REC RM.2 CAR ATTACHED GARG W/NEW DR&OPTR.BUYER TO PAY TRANSFER TAX.
Unit Size
1,804 Ft²
Days on Market
-
Land Size
-
Price per sqft
$294
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1957

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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
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,998
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 1,510
  • Total Building Area: 1,804
  • Gross Building Area: 1,804
  • Building Area: 1,804
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,804
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARDWILL A SUB OF NH SE SEC 31-42-13
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (ARDWILL) A SUB OF NH SE SEC 31-42-13

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 800900

Geography

  • District: 23
  • Parcel: 05-31-408-081-0000
  • Lot: 11
  • Meridian: SEC 31 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0709
  • Longitude: -87.7544

    Address

  • Full Address: 3163 Hill Ln
  • Address - House Number: 3163
  • Address - Street Name: Hill
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C026
  • 4-Digit Zip Code: 2928
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $987,633
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 614,059
  • High Value: 753,734
  • Low Value: 474,385

    Market Valuation

  • Market Total Value: $494,060
  • Market Land Value: $161,960
  • Market Improvement Value: $332,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,406
  • Assessed Land Value: $16,196
  • Assessed Improvements Value: $33,210

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2134420267
  • Previous Sale Recording Date: Apr 04, 2007
  • Previous Sale Contract Date: Mar 30, 2007
  • Previous Sale Amount: $486,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Wilmette

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$414

Above Asking

0.00%

Average Days on Market

40

Average Home Size

2070 ft²

Average Home Age

45.5 years

Currently For Sale

40 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 822 Skokie Boulevard, Wilmette, IL, 60091

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,238 ft²
822 Skokie Boulevard #F, Wilmette, IL, 60091 Listing by Thomas Rebarchak
Unit for rent at 5135 Greenwood Street, Skokie, IL, 60077

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
5135 Greenwood Street #01, Skokie, IL, 60077 Listing by Imran Haq
Unit for rent at 9725 Woods Drive, Skokie, IL, 60077

$2,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
9725 Woods Drive #707, Skokie, IL, 60077 Listing by Anthony George

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jane Lee, RE/MAX Top Performers
Data Source: MRED, MLS# MRD06363663
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 3163 Hill Lane built and last sold?
The property at 3163 Hill Lane was built in 1957 and last sold on Nov 22, 2021 for $490,000.
How much is this home worth?
The estimated value of the home located at 3163 Hill Lane is $525,721.
What are some comparable homes to 3163 Hill Lane?
There are currently no comparable homes to 3163 Hill Lane.
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