$410,000
●
House -
Off Market
5244 Wright Terrace
Skokie, IL 60077
3 Beds
3 Baths,
1
Half Bath
1,471 Ft²
$2,986
Est. Monthly
5.09%
Cap Rate
About This Property
Amazing split-level home in the heart of Skokie! Featuring 3
spacious bedrooms, 2.5 baths, and a 2-car garage, this home offers
an inviting and open layout with abundant natural light. The newer
windows, HVAC system, and gleaming hardwood floors complement the
freshly painted interior. Enjoy the cozy finished lower level
complete with a fireplace - perfect for entertaining. With ample
storage, including a concrete crawlspace and a large laundry room,
this home is as practical as it is charming. Conveniently located
near I-94, the Skokie Swift terminal, and the vibrant shopping and
dining at Old Orchard Mall, this property offers easy access to
everything Skokie has to offer. Don't miss this incredible
opportunity!
Unit Size
1,471 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$289
Property Type
House
Property Taxes
$898
HOA Dues
-
Year Built
1964
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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: 2 years ago (MRED MLS #12191539)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
| Oct 19, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 17, 2024 | Listed by Keller Williams ONEChicago | $425,000 | |
| Listed by Keller Williams ONEChicago | |||
| Oct 3, 2024 | Listed by Keller Williams ONEChicago | $450,000 | |
| Listed by Keller Williams ONEChicago | |||
| | |||
|
Amazing split-level home in the heart of Skokie! Featuring 3 spacious bedrooms, 2.5 baths, and a 2-car garage, this home offers an inviting and open layout with abundant natural light. The newer windows, HVAC system, and gleaming hardwood floors complement the freshly painted interior. Enjoy the cozy finished lower level complete with a fireplace - perfect for entertaining. With ample storage, including a concrete crawlspace and a large laundry room, this home is as practical as it is charming. Conveniently located near I-94, the Skokie Swift terminal, and the vibrant shopping and dining at Old Orchard Mall, this property offers easy access to everything Skokie has to offer. Don't miss this incredible opportunity!
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Skokie
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Listed by: Michael Saladino, Keller Williams ONEChicago
Last Updated: 2 years ago
Data Source: MRED, MLS# 12191539
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12191539
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