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Golf 60029
43 Park Lane
$1,017,250
● House - Off Market

43 Park Lane

Golf, IL 60029
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
$7,697
Est. Monthly
0.74%
Cap Rate

About This Property

Sold before print: 43 Park Lane in the Village of Golf with Glenview's Nationally Ranked Schools! On over an acre of land, this home boasts a sprawling first floor and finished basement. Easy options to expand the 2nd level which is currently 3 beds and 2baths. 2 car attached garage with an additional large garage in the back of the property. Bring your kitchen and bath design ideas. Walk to train, grocery, shops, park, forest preserve!
Unit Size
-
Days on Market
-
Land Size
0.89 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,927
HOA Dues
-
Year Built
1951

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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 #11949249)

Price History

Date / Event Date Event Price
Dec 18, 2023 Sold
Premium
Sold
Nov 10, 2023 Listed by @properties Christie's International Real Estate $1,175,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 38,700
  • Total Building Area: 2,598
  • Gross Building Area: 2,598
  • Building Area: 2,598
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,598
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLF SUB
  • Land Acres: 0000000888
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (GOLF) SUB OF PT SE LYING E OF RW OF CM & ST P RR & P T NE OF SEC OF SEC 7 SH SEC 07-41-13

Neighborhood

  • School District Name: Northfield Township High School District 225
  • Census Tract: 808600

Geography

  • District: 24
  • Parcel: 10-07-409-011-0000
  • Lot: 70
  • Meridian: SEC 07 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0558
  • Longitude: -87.7914

    Address

  • Full Address: 43 Park Ln
  • Address - House Number: 43
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Golf
  • Carrier Code: R777
  • 4-Digit Zip Code: 3109
  • Zip Code: 60029

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,312,695
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 24009

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,015,097
  • High Value: 1,244,448
  • Low Value: 785,745

    Market Valuation

  • Market Total Value: $990,000
  • Market Land Value: $425,700
  • Market Improvement Value: $564,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,000
  • Assessed Land Value: $42,570
  • Assessed Improvements Value: $56,430

    Sales

  • Current Sale Contract Date: Dec 14, 2023
  • Current Sale Recording Date: Dec 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33392
  • Previous Sale Recording Date: Aug 31, 2011
  • Previous Sale Contract Date: Aug 05, 2011
  • Previous Sale Amount: $743,500
  • 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 Golf

Stats & Trends

Median Asking:

$1,374,500

Sale Price/ft²

$372

Above Asking

0.00%

Average Days on Market

42

Average Home Size

3620 ft²

Average Home Age

64.5 years

Currently For Sale

0 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 6340 Capulina Avenue, Morton Grove, IL, 60053

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
6340 Capulina Avenue #4C, Morton Grove, IL, 60053 Listing by Mary Tracy
Unit for rent at 8300 Callie Avenue, Morton Grove, IL, 60053

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,281 ft²
8300 Callie Avenue #412, Morton Grove, IL, 60053 Listing by Imad Ahmad
Unit for rent at 7030 W Carol Avenue, Niles, IL, 60714

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,168 ft²
7030 W Carol Avenue, Niles, IL, 60714 Listing by Ashraf Memon

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Pam MacPherson, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11949249
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 43 Park Lane built and last sold?
The property at 43 Park Lane was built in 1951 and last sold on Dec 14, 2023 for $1,017,500.
How much is this home worth?
The estimated value of the home located at 43 Park Lane is $0.
What are some comparable homes to 43 Park Lane?
There are currently no comparable homes to 43 Park Lane.
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