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Glenview 60025
3831 Grace Lane
$465,000
● House - Off Market

3831 Grace Lane

GLENVIEW, IL 60025
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$801,921
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Amazing space in this traditional colonial in desirable La Fontaine! 3 Bedrooms and 2.1 Baths, wonderful circular floorplan, eat in kitchen, family room with handsome fireplace, fantastic 4 season sun room, first floor laundry, unfinished basement, 2.5 attached garage.  Bring your decorating ideas...lots of newer mechanicals, roof (approx 15 yrs), siding, gutters. Beautifully maintained, just needs updating. Super location with easy access to The Glen, Glenbrook South HS, Glenbrook Hospital, Shopping, Dining, Entertainment and more.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$577
HOA Dues
-
Year Built
1975

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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 #09570315)

Price History

Date / Event Date Event Price
Jun 27, 2017 Sold
Premium
Sold
May 11, 2017 Listed by Baird & Warner $499,500
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 7
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,357
  • Gross Building Area: 2,357
  • Building Area: 2,357
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,357
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENBROOK ESTATES
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (GLENBROOK) (ESTATES) A SUB OF PT OF THE NE SE SEC 29-42-12

Neighborhood

  • School District Name: Northfield Township High School District 225
  • Census Tract: 801607

Geography

  • District: 25
  • Parcel: 04-29-404-011-0000
  • Lot: 23
  • Meridian: SEC 29 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.0842
  • Longitude: -87.8512

    Address

  • Full Address: 3831 Grace Ln
  • Address - House Number: 3831
  • Address - Street Name: Grace
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Glenview
  • Carrier Code: C013
  • 4-Digit Zip Code: 1230
  • Zip Code: 60025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,043,793
  • Tax Rate Code Area: 25100

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 623,136
  • High Value: 765,652
  • Low Value: 480,620

    Market Valuation

  • Market Total Value: $520,000
  • Market Land Value: $140,000
  • Market Improvement Value: $380,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,000
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $38,000

    Sales

  • Current Sale Contract Date: Jun 27, 2017
  • Current Sale Recording Date: Jul 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1720029101
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 Glenview

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$328

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2760 ft²

Average Home Age

45.1 years

Currently For Sale

56 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 9337 Harrison Street, Des Plaines, IL, 60016

$3,199 /mo

  • 3 Beds
  • 2 Baths
9337 Harrison Street, Des Plaines, IL, 60016 Listing by Shawn Achettu
Unit for rent at 212 Valerie Court, Glenview, IL, 60025

$3,300 /mo

  • 3 Beds
  • 2 Baths
212 Valerie Court, Glenview, IL, 60025 Listing by Dan Nelson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09570315
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 3831 Grace Lane built and last sold?
The property at 3831 Grace Lane was built in 1975 and last sold on Jun 27, 2017 for $465,000.
How much is this home worth?
The estimated value of the home located at 3831 Grace Lane is $504,495.
What are some comparable homes to 3831 Grace Lane?
There are currently no comparable homes to 3831 Grace Lane.
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