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Highland Park 60035 Parkside
3365 Old Mill Road
$525,000
● House - Off Market

3365 Old Mill Road

Highland Park, IL 60035
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,494 Ft²
$583,488
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Wonderful opportunity to build new or rehab existing home and expand.  Spectacular 3.28  acre wooded property.  Savor the privacy and convenience that this estate setting offers!
Unit Size
1,494 Ft²
Days on Market
-
Land Size
3.28 acres
Price per sqft
$368
Property Type
House
Property Taxes
$1,303
HOA Dues
-
Year Built
1957

Payment Calculator

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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 #11655884)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold
Premium
Sold
Oct 18, 2022 Listed by Berkshire Hathaway HomeServices Chicago $550,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,090
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 142,877
  • Total Building Area: 2,584
  • Gross Building Area: 2,584
  • Building Area: 1,494
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,494
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADD
  • Land Acres: 0000003280
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: FIRST ADD TO COUNTRY CLUB ESTS LOT 37

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 865300

Geography

  • Assessors Map Reference: 2704-A1
  • District: WEST DEERFIE
  • Parcel: 16-09-303-050
  • Lot: 37
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.213
  • Longitude: -87.8386

    Address

  • Full Address: 3365 Old Mill Rd
  • Address - House Number: 3365
  • Address - Street Name: Old Mill
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Highland Park
  • Carrier Code: C025
  • 4-Digit Zip Code: 1006
  • Zip Code: 60035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,700,674
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 17015

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 716,074
  • High Value: 835,972
  • Low Value: 596,176

    Market Valuation

  • Market Total Value: $593,507
  • Market Land Value: $399,988
  • Market Improvement Value: $193,519

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,816
  • Assessed Land Value: $133,316
  • Assessed Improvements Value: $64,500

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7951400
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 Parkside

Stats & Trends

Median Asking:

$997,450

Sale Price/ft²

$315

Above Asking

0.00%

Average Days on Market

34

Average Home Size

3115 ft²

Average Home Age

48.3 years

Currently For Sale

0 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 546 Green Bay Road, Highwood, IL, 60040

$3,116 /mo

  • 2 Beds
  • 2 Baths
  • 1,231 ft²
546 Green Bay Road #310, Highwood, IL, 60040 Listing by Christopher Dumitru

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mona Hellinga, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11655884
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 3365 Old Mill Road built and last sold?
The property at 3365 Old Mill Road was built in 1957 and last sold on Dec 14, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 3365 Old Mill Road is $0.
What are some comparable homes to 3365 Old Mill Road?
There are currently no comparable homes to 3365 Old Mill Road.
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