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Glenview 60025
4701 Locust Avenue
$290,000
● House - Off Market

4701 Locust Avenue

Glenview, IL 60025
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,206 Ft²
$358,288
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Great Location!! Spacious ranch in desirable Northfield Woods. Award-wining Glenview Schools. Short walk to Indian trail park & tennis courts. Great opportunity to build your dream home, Renovate, Rent it out, or move in. Features include a large family room, eat-in kitchen, and a deep private yard. Home is being offered As-Is.
Unit Size
1,206 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$257
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1956

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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 #11086006)

Price History

Date / Event Date Event Price
Jul 19, 2021 Sold
Premium
Sold
May 13, 2021 Listed by Achieve Real Estate Group Inc $310,000
Listed by Achieve Real Estate Group Inc

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 8
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,020
  • Total Building Area: 1,206
  • Gross Building Area: 1,206
  • Building Area: 1,206
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,206
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADDITION TO NORTHFIELD WOODS
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Northfield Township High School District 225
  • Census Tract: 801603

Geography

  • District: 25
  • Parcel: 04-30-410-008-0000
  • Lot: 148
  • Meridian: SEC 30 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.0818
  • Longitude: -87.8737

    Address

  • Full Address: 4701 Locust Ave
  • Address - House Number: 4701
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glenview
  • Carrier Code: C064
  • 4-Digit Zip Code: 1428
  • Zip Code: 60025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $544,260
  • Tax Rate Code Area: 25139

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 349,753
  • High Value: 431,459
  • Low Value: 268,047

    Market Valuation

  • Market Total Value: $250,240
  • Market Land Value: $110,220
  • Market Improvement Value: $140,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,024
  • Assessed Land Value: $11,022
  • Assessed Improvements Value: $14,002

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2122504002
  • Previous Sale Recording Date: Dec 13, 2016
  • Previous Sale Contract Date: Dec 07, 2016
  • Previous Sale Amount: $238,000
  • Previous Sale Document Type: 68
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:

$749,500

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2745 ft²

Average Home Age

44.7 years

Currently For Sale

55 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 4731 Lilac Avenue, Glenview, IL, 60025

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
4731 Lilac Avenue, Glenview, IL, 60025 Listing by Michael Zapart

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Prince Eapen, Achieve Real Estate Group Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11086006
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 4701 Locust Avenue built and last sold?
The property at 4701 Locust Avenue was built in 1956 and last sold on Jul 13, 2021 for $290,000.
How much is this home worth?
The estimated value of the home located at 4701 Locust Avenue is $318,892.
What are some comparable homes to 4701 Locust Avenue?
There are currently no comparable homes to 4701 Locust Avenue.
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