For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Skokie 60077 Skokie
5249 Wright Terrace
$295,000
● House - Off Market

5249 Wright Terrace

SKOKIE, IL 60077
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,600 Ft²
$509,423
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Charming Cape Cod in the heart of Skokie. Tranquil setting with a large yard and quiet street, yet is just minutes from access to I94. Recently built 2 car garage with private access from alley behind the home. Cozy main level with hardwood flooring and fireplace. 1st floor offers a large bedroom and full bath, perfect for an in-law arrangement.  An additional full bath on the 2nd level to accommodate both the master and second bedrooms.  Basement possesses dedicated space for storage, a large laundry room complete with high end washer and dryer, additional finished space for leisure and 1/2 bath. This home offers a tremendous amount with both its charm and location!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
$658
HOA Dues
-
Year Built
1951

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #09703966)

Price History

Date / Event Date Event Price
Sep 20, 2017 Sold
Premium
Sold
Jul 27, 2017 Listed by Blue Fence Real Estate Inc. $319,900
Listed by Blue Fence Real Estate Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,462
  • Total Building Area: 1,086
  • Gross Building Area: 1,086
  • Building Area: 1,086
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,086
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLN HIGHLANDS L SUBDIVISION
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Niles Township Community High School District 219
  • Census Tract: 807300

Geography

  • District: 24
  • Parcel: 10-21-125-059-0000
  • Municipality: NILES
  • Latitude: 42.0361
  • Longitude: -87.7588

    Address

  • Full Address: 5249 Wright Ter
  • Address - House Number: 5249
  • Address - Street Name: Wright
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Skokie
  • Carrier Code: C077
  • 4-Digit Zip Code: 2162
  • Zip Code: 60077

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $904,308
  • Tax Rate Code Area: 24026

    Appraisal Valuation

  • Standard Deviation: 0.2288
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 400,821
  • High Value: 492,547
  • Low Value: 309,096

    Market Valuation

  • Market Total Value: $324,310
  • Market Land Value: $97,010
  • Market Improvement Value: $227,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,431
  • Assessed Land Value: $9,701
  • Assessed Improvements Value: $22,730

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2115947020
  • Previous Sale Recording Date: Oct 12, 2017
  • Previous Sale Contract Date: Sep 12, 2017
  • Previous Sale Amount: $295,000
  • 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 Skokie

Stats & Trends

Median Asking:

$459,000

Sale Price/ft²

$269

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1339 ft²

Average Home Age

61 years

Currently For Sale

101 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 4819 Main Street, Skokie, IL, 60077

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,100 ft²
4819 Main Street #202, Skokie, IL, 60077 Listing by Neil Turk
Unit for rent at 5155 Madison Street, Skokie, IL, 60077

$2,700 /mo

  • 2 Beds
  • 2 Baths
5155 Madison Street #402, Skokie, IL, 60077 Listing by Jeffrey Lowe
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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Blue Fence Real Estate Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09703966
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 5249 Wright Terrace built and last sold?
The property at 5249 Wright Terrace was built in 1951 and last sold on Jun 7, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 5249 Wright Terrace is $0.
What are some comparable homes to 5249 Wright Terrace?
There are currently no comparable homes to 5249 Wright Terrace.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Skokie Homes for Sale
Skokie Houses for Sale
Skokie Condos for Sale
Skokie Townhouses for Sale
Skokie Multifamily for Sale
Skokie Land for Sale
Skokie Commercial for Sale
Skokie Homes with Basements
Nearby Cities
Evanston Homes for Sale
Park Ridge Homes for Sale
Glenview Homes for Sale
Niles Homes for Sale
Wilmette Homes for Sale
Morton Grove Homes for Sale
Winnetka Homes for Sale
Norridge Homes for Sale
Nearby Property Records
Lake County, IL Property Records
Cook County, IL Property Records
DuPage County, IL Property Records
Kane County, IL Property Records
Kenosha County, WI Property Records
McHenry County, IL Property Records
Will County, IL Property Records
Lake County, IN Property Records
Neighborhoods
Lakeview Real Estate
Edgewater Real Estate
Uptown Real Estate
Jefferson Park Real Estate
West Rogers Park Real Estate
Ravenswood Real Estate
Albany Park Real Estate
Norwood Park Real Estate
Nearby Counties
Niles Homes for Sale
Northfield Homes for Sale
Evanston Homes for Sale
New Trier Homes for Sale
Norwood Park Homes for Sale
Top Real Estate Agents
Top Agents in Skokie
Top Agents in Lakeview
Top Agents in Niles
Top Agents in 60618
Top Agents in Northfield
Top Agents in 60613
Top Agents in 60640
Top Agents in 60634