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Winnetka 60093
526 Orchard Lane
$1,250,000
● House - Off Market

526 Orchard Lane

Winnetka, IL 60093
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$1,237,998
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Absolutely pristine solid brick house on 65' wide lot & one of the best blocks in East Winnetka! Fresh breathtaking Calcutta white marble kitchen with top-of-the-line appliances opens to family room with bay window. Sunny sitting room with Marvin floor/ceiling windows. Wonderful bright rooms. Gorgeous living room with a handsome fireplace spans the width of the house & overlooks the great private back yard. Serene marble primary suite with Kallista fixtures and walk-in closet. Many upgrades, improvements: kitchen, baths, Wideplank white oak floors, appliances, roof. Freshly renovated basement. Gorgeous Bluestone patio in private back yard with raised garden beds. Rarely found attached two-car garage. A+ location steps to schools, train, parks, town, beach!
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,771
HOA Dues
-
Year Built
1936

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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 #11184806)

Price History

Date / Event Date Event Price
Oct 14, 2021 Sold
Premium
Sold
Aug 24, 2021 Listed by Compass $1,100,000
Listed by Compass

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • 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: 12
  • 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: 7,280
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,604
  • Gross Building Area: 2,604
  • Building Area: 2,604
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,604
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARLANDS ADD TO WINNETKA
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: J C (GARLANDS) ADD TO (WINNETKA) SUB IN SEC 21-42-13

Neighborhood

  • School District Name: Winnetka School District 36
  • Census Tract: 800400

Geography

  • District: 23
  • Parcel: 05-21-308-002-0000
  • Block: 14
  • Meridian: SEC 21 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0995
  • Longitude: -87.7244

    Address

  • Full Address: 526 Orchard Ln
  • Address - House Number: 526
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Winnetka
  • Carrier Code: C003
  • 4-Digit Zip Code: 4115
  • Zip Code: 60093

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,005,405
  • Tax Rate Code Area: 23008

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,263,638
  • High Value: 1,550,676
  • Low Value: 976,599

    Market Valuation

  • Market Total Value: $918,840
  • Market Land Value: $240,240
  • Market Improvement Value: $678,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,884
  • Assessed Land Value: $24,024
  • Assessed Improvements Value: $67,860

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2128807679
  • Previous Sale Recording Date: Jun 22, 2006
  • Previous Sale Contract Date: May 23, 2006
  • Previous Sale Amount: $1,076,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Winnetka

Stats & Trends

Median Asking:

$1,850,000

Sale Price/ft²

$491

Above Asking

0.00%

Average Days on Market

43

Average Home Size

4796 ft²

Average Home Age

40.5 years

Currently For Sale

11 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 406 Sunset Drive, Wilmette, IL, 60091

$3,990 /mo

  • 3 Beds
  • 1 Bath
  • 1,333 ft²
406 Sunset Drive, Wilmette, IL, 60091 Listing by Eray Unsal

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Paige Dooley, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11184806
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 526 Orchard Lane built and last sold?
The property at 526 Orchard Lane was built in 1936 and last sold on Sep 29, 2021 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 526 Orchard Lane is $0.
What are some comparable homes to 526 Orchard Lane?
There are currently no comparable homes to 526 Orchard Lane.
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