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Glencoe 60022
539 Washington Avenue
$1,725,000
● House - Off Market

539 Washington Avenue

Glencoe, IL 60022
bedrooms
5 Beds
bathrooms
7 Baths, 3 Half Baths
square feet
5,292 Ft²
$1,820,394
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

SOLD BEFORE PROCESSING
Unit Size
5,292 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$326
Property Type
House
Property Taxes
$2,528
HOA Dues
-
Year Built
1929

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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 #11680770)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Aug 16, 2022 Listed by Compass $1,725,000
Listed by Compass

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • 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: 17,654
  • Total Building Area: 4,106
  • Gross Building Area: 4,106
  • Building Area: 4,106
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,106
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GORMLEYS ADD TO GLENCOE
  • Land Acres: 0000000405
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (GORMLEYS) ADD TO (GLENCOE) A SUB OF THE SW OF SEC7 & THE WH OF THE NE OF THE NW OF SEC18 SW SEC 07-42-13

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 800200

Geography

  • District: 23
  • Parcel: 05-07-302-019-0000
  • Block: 2
  • Lot: 23,24
  • Meridian: SEC 07 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1295
  • Longitude: -87.7636

    Address

  • Full Address: 539 Washington Ave
  • Address - House Number: 539
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C004
  • 4-Digit Zip Code: 1868
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,224,533
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 1,626,275
  • High Value: 1,991,571
  • Low Value: 1,260,980

    Market Valuation

  • Market Total Value: $1,410,000
  • Market Land Value: $388,390
  • Market Improvement Value: $1,021,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,000
  • Assessed Land Value: $38,839
  • Assessed Improvements Value: $102,161

    Sales

  • Current Sale Contract Date: Nov 25, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41089
  • Previous Sale Recording Date: Jun 04, 2021
  • Previous Sale Contract Date: Apr 30, 2021
  • Previous Sale Amount: $1,485,000
  • Previous Sale Document Type: 27
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:

$2,150,000

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

43

Average Home Size

5605 ft²

Average Home Age

38.9 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: Katie Hauser, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11680770
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 539 Washington Avenue built and last sold?
The property at 539 Washington Avenue was built in 1929 and last sold on Nov 25, 2022 for $1,725,000.
How much is this home worth?
The estimated value of the home located at 539 Washington Avenue is $0.
What are some comparable homes to 539 Washington Avenue?
There are currently no comparable homes to 539 Washington Avenue.
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