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Glencoe 60022
520 DREXEL AVE.
$1,250,000
● House - Off Market

520 DREXEL AVE.

GLENCOE, IL 60022
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,200 Ft²
$2,213,185
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

New construction in sought-after Hubbard Woods location. 2-tier brick patio in rear. Balcony off master BR. Custom front entry door. Custom 42" cabinetry. 1 1/4" granite countertops thru-out. High-end appliances incl Viking & Sub-Zero. Full finished basement w/bedroom & bath. Whole house security syst. Includes allowance for carpet, light fixtures & staining
Unit Size
3,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$406
Property Type
House
Property Taxes
$670
HOA Dues
-
Year Built
2008

Payment Calculator

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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.

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,063
  • Total Building Area: 2,722
  • Gross Building Area: 2,722
  • Building Area: 2,722
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,722
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 520 DREXEL AVENUE CONSOLIDATION
  • Land Acres: 0000000323
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • Census Tract: 800200

Geography

  • District: 23
  • Parcel: 05-18-214-034-0000
  • Municipality: NEW TRIER
  • Latitude: 42.1199
  • Longitude: -87.7552

    Address

  • Full Address: 520 Drexel Ave
  • Address - House Number: 520
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C005
  • 4-Digit Zip Code: 2105
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,460,692
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 1,805,395
  • High Value: 1,987,934
  • Low Value: 1,622,856

    Market Valuation

  • Market Total Value: $1,110,200
  • Market Land Value: $351,580
  • Market Improvement Value: $758,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,020
  • Assessed Land Value: $35,158
  • Assessed Improvements Value: $75,862

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 40247

    Financing

  • First Mortgage Financing Type: ADJ
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 Glencoe

Stats & Trends

Median Asking:

$2,162,500

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

42

Average Home Size

5267 ft²

Average Home Age

44 years

Currently For Sale

23 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 1725 Happ Road, Northbrook, IL, 60062

$4,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
1725 Happ Road, Northbrook, IL, 60062 Listing by Daniel Nierman
Unit for rent at 1862 Old Willow Road, Northfield, IL, 60093

$4,000 /mo

  • 3 Beds
  • 2 Baths
1862 Old Willow Road, Northfield, IL, 60093 Listing by Gloria Matlin

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Quin O'Brien, ABR,AHWD,CIPS,CRS, 4 Sale Realty, Inc.
Data Source: MRED, MLS# MRD06331235
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 520 Drexel Avenue built and last sold?
The property at 520 Drexel Avenue was built in 2008 and last sold on Jun 9, 2023 for $1,680,000.
How much is this home worth?
The estimated value of the home located at 520 Drexel Avenue is $0.
What are some comparable homes to 520 Drexel Avenue?
There are currently no comparable homes to 520 Drexel Avenue.
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