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Glencoe 60022
368 Green Bay Road
$300,000
● House - Off Market

368 Green Bay Road

Glencoe, IL 60022
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$390,627
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

HUMUNGOUS PRICE REDUCTION OWNERS SAY SELL!! CASH OFFERS ONLY REHAB THE HOME AS IS OR BUILDERS, INVESTORS USE AS A DEVELOPMENT OPPORTUNITY TO BUILD NEW.  ADJACENT TO HUGE PUBLIC OPEN GREEN AREA, CHECK WITH VILLAGE FOR FAR AND OTHER POTENTIAL OPTIONS.  GREAT PARCEL READY FOR DEVELOPMENT  OR COMPLETE HOME REMODEL PROJECT, CHECK OUT THE ADDITIONAL INFO ATTACHED DOCUMENTS FOR VILLAGE ZONING ALLOWANCES TOWNHOMES, CONDOS, SCHOOLS, SENIOR HOUSING, AND MORE OPTIONS!  ALSO SEE SURVEY  PLEASE DO YOUR DUE DILIGENCE WITH THE VILLAGE TO SEE WHAT IS ALLOWED.  SOLD AS IS  Check out videos on video tour
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$369
Property Type
House
Property Taxes
$526
HOA Dues
-
Year Built
1919

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Cap Rate Calculator

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Cap Rate 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.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 12
  • 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: 6,750
  • Total Building Area: 905
  • Gross Building Area: 905
  • Building Area: 905
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 905
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARTWELLS ADD/GLENCOE
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

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

Geography

  • District: 23
  • Parcel: 05-07-410-019-0000
  • Block: 3
  • Lot: 12,13
  • Meridian: SEC 07 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.127
  • Longitude: -87.7518

    Address

  • Full Address: 368 Green Bay Rd
  • Address - House Number: 368
  • Address - Street Name: Green Bay
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C014
  • 4-Digit Zip Code: 1819
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $636,734
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 530,748
  • High Value: 584,411
  • Low Value: 477,085

    Market Valuation

  • Market Total Value: $340,010
  • Market Land Value: $151,880
  • Market Improvement Value: $188,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,001
  • Assessed Land Value: $15,188
  • Assessed Improvements Value: $18,813

    Sales

  • Current Sale Contract Date: Dec 27, 2022
  • Current Sale Recording Date: Feb 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 13040
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:

$2,162,500

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

42

Average Home Size

5267 ft²

Average Home Age

44 years

Currently For Sale

23 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Craig Stone, Stone Realty Group
Data Source: MRED, MLS# MRD11609597
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 368 Green Bay Road built and last sold?
The property at 368 Green Bay Road was built in 1919 and last sold on Dec 27, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 368 Green Bay Road is $0.
What are some comparable homes to 368 Green Bay Road?
There are currently no comparable homes to 368 Green Bay Road.
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