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Prospect Heights 60070
416 Periwinkle Way
$659,000
● House - Off Market

416 Periwinkle Way

PROSPECT HEIGHTS, IL 60070
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,829 Ft²
$1,153,272
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Absolutely stunning! This custom built home features dramatic two story foyer with mechanical chandelier lift, granite flooring & marble inlay. Gourmet kitchen offers high end appliances, granite tops, island and eating area. Sun filled two story family room features built in entertainment center and gas start fireplace. Separate living room & dining rooms are the perfect place for entertaining. Huge backyard with stamped concrete patio and built in grill. Spacious master bedroom offers walk in closet and full master bath w/whirlpool tub & dual sinks. Finished basement offers exercise room, rec room & full bath. Great cul de sac location! Home warranty included.
Unit Size
3,829 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$183
Property Type
House
Property Taxes
$1,647
HOA Dues
-
Year Built
1999

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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 #09307854)

Price History

Date / Event Date Event Price
Mar 29, 2017 Sold
Premium
Sold
Aug 5, 2016 Listed by Coldwell Banker Residential Brokerage $699,900
Listed by Coldwell Banker Residential Brokerage

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,967
  • Total Building Area: 3,829
  • Gross Building Area: 3,829
  • Building Area: 3,829
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,829
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PIN OAK LANE
  • Land Acres: 0000000642
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08
  • Legal Description 1: (PIN) (OAK) LANE SUB IN S LOT 5

Neighborhood

  • School District Name: Prospect Heights School District 23
  • Census Tract: 803015

Geography

  • District: 38
  • Parcel: 03-16-203-023-0000
  • Lot: 5
  • Meridian: SEC 16 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1194
  • Longitude: -87.9511

    Address

  • Full Address: 416 Periwinkle Way
  • Address - House Number: 416
  • Address - Street Name: Periwinkle
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Prospect Heights
  • Carrier Code: C021
  • 4-Digit Zip Code: 2903
  • Zip Code: 60070

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,710,119
  • Tax Rate Code Area: 38009

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 786,576
  • High Value: 966,949
  • Low Value: 606,202

    Market Valuation

  • Market Total Value: $641,100
  • Market Land Value: $223,740
  • Market Improvement Value: $417,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,110
  • Assessed Land Value: $22,374
  • Assessed Improvements Value: $41,736

    Sales

  • Current Sale Contract Date: Mar 29, 2017
  • Current Sale Recording Date: Mar 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1708839138
  • Previous Sale Recording Date: Nov 23, 1998
  • Previous Sale Contract Date: Nov 17, 1998
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Prospect Heights

Stats & Trends

Median Asking:

$339,450

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1286 ft²

Average Home Age

53 years

Currently For Sale

30 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 3103 N Wilshire Lane, Arlington Heights, IL, 60004

$3,900 /mo

  • 3 Beds
  • 3 Baths
  • 2,000 ft²
3103 N Wilshire Lane, Arlington Heights, IL, 60004 Listing by Olga Katyushina

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential Brokerage
Last Updated: 3 years ago
Data Source: MRED, MLS# 09307854
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 416 Periwinkle Way built and last sold?
The property at 416 Periwinkle Way was built in 1999 and last sold on Mar 29, 2017 for $659,000.
How much is this home worth?
The estimated value of the home located at 416 Periwinkle Way is $0.
What are some comparable homes to 416 Periwinkle Way?
There are currently no comparable homes to 416 Periwinkle Way.
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