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Glenview 60025
401 Lotus Lane
$473,000
● House - Off Market

401 Lotus Lane

Glenview, IL 60025
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,381 Ft²
$621,116
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Beautifully & meticulously maintained 4 bedroom, 2.1 bath 2 story  home on large corner lot. Functional, spacious floor plan offers great flow, large room sizes and tons of storage. Nice kitchen with dinette and sliding door lead to a great deck. Relax and enjoy the comfortable family room with hardwood floor and fireplace. The master bedroom suite is a gracious retreat with a big closet. The finished basement features tile flooring and recreational area. 2 car attached garage. Move right in & love your home.
Unit Size
2,381 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$210
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1986

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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 #10903298)

Price History

Date / Event Date Event Price
Mar 29, 2021 Sold
Premium
Sold
Oct 12, 2020 Listed by arhome realty $499,500
Listed by arhome realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 10,038
  • Lot Size Depth Feet: 820
  • Lot Size Frontage Feet: 1,220
  • Total Building Area: 2,381
  • Gross Building Area: 2,381
  • Building Area: 2,381
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,381
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESTATES GLEN
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: PART LOT2 OWNERS SUB S11 T41N R12E 3P

Neighborhood

  • School District Name: East Maine School District 63
  • Census Tract: 805201

Geography

  • District: 22
  • Parcel: 09-11-109-026-0000
  • Lot: 2
  • Meridian: SEC 11 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0622
  • Longitude: -87.8372

    Address

  • Full Address: 401 Lotus Ln
  • Address - House Number: 401
  • Address - Street Name: Lotus
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Glenview
  • Carrier Code: C010
  • 4-Digit Zip Code: 4557
  • Zip Code: 60025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,064,967
  • Tax Rate Code Area: 22025

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 564,751
  • High Value: 693,914
  • Low Value: 435,588

    Market Valuation

  • Market Total Value: $480,000
  • Market Land Value: $105,400
  • Market Improvement Value: $374,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,000
  • Assessed Land Value: $10,540
  • Assessed Improvements Value: $37,460

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2109901242

    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 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 3309 Meadow Lane, Glenview, IL, 60025

$3,950 /mo

  • 2 Beds
  • 2 Baths
  • 1,187 ft²
3309 Meadow Lane, Glenview, IL, 60025 Listing by Rafay Qamar
Unit for rent at 4144 Florence Way, Glenview, IL, 60025

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
4144 Florence Way #4144, Glenview, IL, 60025 Listing by Jina Yoonsun Park

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bogdan Sokolowski, arhome realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 10903298
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 401 Lotus Lane built and last sold?
The property at 401 Lotus Lane was built in 1986 and last sold on Mar 25, 2021 for $473,000.
How much is this home worth?
The estimated value of the home located at 401 Lotus Lane is $0.
What are some comparable homes to 401 Lotus Lane?
There are currently no comparable homes to 401 Lotus Lane.
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