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Glenview 60062
4031 Crestwood Drive
$580,000
● House - Off Market

4031 Crestwood Drive

Northbrook, IL 60062
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$664,566
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This popular Arlington model home in sought-after Willows West subdivision sits on an oversized lot and interior cul-de-sac location. You are welcomed to a spacious foyer leading to a raised living room and balconied dining room with vaulted ceilings. 4 bedroom, 2.5 bath. The eat-in kitchen is ideal with floor-to-ceiling windows overlooking the enormous back yard. Four bedrooms are found upstairs, with the primary bedroom suite featuring ample closet space and private full bath. Three more bedrooms are complete with hardwood floors and generous closet space. Lovely lower level rec room with fireplace, half bath and ideal laundry room. The basement is finished and has copious amounts of storage. Conveniently located with easy access to expressway, shopping, restaurants, Metra and award-winning schools. Welcome home.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$861
HOA Dues
-
Year Built
1971

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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.

Last updated: 3 years ago (MRED MLS #11110252)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by Berkshire Hathaway HomeServices Chicago $575,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,642
  • Total Building Area: 2,138
  • Gross Building Area: 2,138
  • Building Area: 2,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,138
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW WEST
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (WILLOW) (WEST) SUB IN SE SEC 20-42-12

Neighborhood

  • School District Name: West Northfield School District 31
  • Census Tract: 801607

Geography

  • District: 25
  • Parcel: 04-20-409-017-0000
  • Lot: 84
  • Meridian: SEC 20 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.0972
  • Longitude: -87.8555

    Address

  • Full Address: 4031 Crestwood Dr
  • Address - House Number: 4031
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C030
  • 4-Digit Zip Code: 7542
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,043,061
  • Tax Rate Code Area: 25074

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 594,181
  • High Value: 729,857
  • Low Value: 458,506

    Market Valuation

  • Market Total Value: $490,000
  • Market Land Value: $120,990
  • Market Improvement Value: $369,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,000
  • Assessed Land Value: $12,099
  • Assessed Improvements Value: $36,901

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2120301264
  • Previous Sale Recording Date: May 06, 2015
  • Previous Sale Contract Date: Apr 28, 2015
  • Previous Sale Amount: $548,000
  • Previous Sale Document Type: 71
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:

$749,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2720 ft²

Average Home Age

45.2 years

Currently For Sale

58 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 3402 Winnetka Road, Glenview, IL, 60026

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,353 ft²
3402 Winnetka Road, Glenview, IL, 60026 Listing by Halina Okowinski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jason Pietrucha, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11110252
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 4031 Crestwood Drive built and last sold?
The property at 4031 Crestwood Drive was built in 1971 and last sold on Jul 8, 2021 for $580,000.
How much is this home worth?
The estimated value of the home located at 4031 Crestwood Drive is $0.
What are some comparable homes to 4031 Crestwood Drive?
There are currently no comparable homes to 4031 Crestwood Drive.
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