$1,615,000
●
House -
Off Market
345 Sylvan Road
Lake Bluff, IL 60044
4 Beds
4 Baths
1,929 Ft²
$10,403
Est. Monthly
1.16%
Cap Rate
About This Property
Nothing but charm here! Originally a cottage overlooking the sylvan
woods, this home has been in the same family since 1947. Lovingly
maintained and expanded in recent years, this home is arguably the
landmark home in east Lake Bluff, exuding charm and breathtaking
gardens that cradle the cottage. This is a once in a lifetime
house! Treasures include edge-cut fir floors, 9ft ceilings in many
rooms, a first floor primary suite with 2 full baths large walk-in
closet and laundry, 3 bedrooms/1bath on the second floor. The deep
pour lower level encompasses 1 bedroom, sitting room, workroom,
full bath and 2nd kitchen (microwave and refrigerator drawers) &
laundry room, perfect for an au pair or live- in.
Unit Size
1,929 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$907
Property Type
House
Property Taxes
$1,810
HOA Dues
-
Year Built
1900
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100% Occupancy
N/A (extreme outlier) 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: 2 years ago (MRED MLS #12210204)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 13, 2024 | Listed by Compass | $1,750,000 | |
| Listed by Compass | |||
| Oct 30, 2024 | Listed by Compass | $1,750,000 | |
| Listed by Compass | |||
| | |||
|
Nothing but charm here! Originally a cottage overlooking the sylvan woods, this home has been in the same family since 1947. Lovingly maintained and expanded in recent years, this home is arguably the landmark home in east Lake Bluff, exuding charm and breathtaking gardens that cradle the cottage. This is a once in a lifetime house. Treasures include edge-cut fir floors, 9ft ceilings in many rooms, a first floor primary suite with 2 full baths large walk-in closet and laundry, 3 bedrooms/1bath on the second floor. The deep pour lower level encompasses 1 bedroom, sitting room, workroom, full bath and 2nd kitchen ( microwave and refrigerator drawers) & laundry room, perfect for an au pair or live- in.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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HOA + Taxes
About Village of Lake Bluff
Similar Homes for Sale
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Listed by: Marina Carney, Compass
Last Updated: 2 years ago
Data Source: MRED, MLS# 12210204
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12210204
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