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Northbrook 60062
3309 Lakeside Avenue
$403,500
● House - Off Market

3309 Lakeside Avenue

Northbrook, IL 60062
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,550 Ft²
$496,864
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Ranch home 3 brs, 1.5 baths  on almost .5 acre lot with many expending possibilities sold as-is. Located in Award winning School District 27. Beautiful refinished hardwood floors, roof 2016, furnace 2018. 2 car attached garage, large yard with screened gazebo.  Broker has owned interest in property.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$277
Property Type
House
Property Taxes
$716
HOA Dues
-
Year Built
1959

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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.

Last updated: 3 years ago (MRED MLS #11115420)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
Jun 8, 2021 Listed by JPM Properties, Inc. $429,900
Listed by JPM Properties, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 1,550
  • Gross Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLYNNS TECHNY RD & LANDWEHR
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (FLYNNS)(TECHNY) RD & (LANDWEHR) RD SUB IN THE EH NW SEC 17-42-12

Neighborhood

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

Geography

  • District: 25
  • Parcel: 04-17-101-028-0000
  • Lot: 26
  • Meridian: SEC 17 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1185
  • Longitude: -87.8612

    Address

  • Full Address: 3309 Lakeside Ave
  • Address - House Number: 3309
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C007
  • 4-Digit Zip Code: 5113
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $833,612
  • Tax Rate Code Area: 25076

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 512,740
  • High Value: 630,694
  • Low Value: 394,785

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $185,000
  • Market Improvement Value: $185,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $18,500
  • Assessed Improvements Value: $18,500

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2121408224
  • Previous Sale Recording Date: Mar 18, 2016
  • Previous Sale Contract Date: Feb 26, 2016
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 27

    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 Northbrook

Stats & Trends

Median Asking:

$715,000

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

45

Average Home Size

3030 ft²

Average Home Age

38 years

Currently For Sale

66 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 1013 Sussex Drive, Northbrook, IL, 60062

$3,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,870 ft²
1013 Sussex Drive, Northbrook, IL, 60062 Listing by Iryna Motkalyuk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Maria Giurovici, JPM Properties, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11115420
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 3309 Lakeside Avenue built and last sold?
The property at 3309 Lakeside Avenue was built in 1959 and last sold on Jul 14, 2021 for $403,500.
How much is this home worth?
The estimated value of the home located at 3309 Lakeside Avenue is $437,097.
What are some comparable homes to 3309 Lakeside Avenue?
There are currently no comparable homes to 3309 Lakeside Avenue.
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