$1,450,000
●
House -
Off Market
578 WESTLEY Road
Glencoe, IL 60022
5 Beds
6 Baths,
2
Half Baths
5,014 Ft²
$1,660,043
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
THIS STUNNING MID-CENTURY MODERN SPLIT LEVEL HOME IS
BEAUTIFULLY RENOVATED THROUGHOUT. IT'S LOCATED IN HIGHLY
DESIRABLE GLENCOE COMMUNITY ACROSS THE STREET FROM GLENCOE GOLF
COURSE. OPEN FLOOR PLAN WITH GRACIOUSLY SCALED ROOMS, VAULTED
CEILINGS, HARDWOOD FLOORS. ENTERTAINMENT SIZED LIVING/DINING ROOM
WITH DOUBLE SIDED FIREPLACE, FANTASTIC KITCHEN WITH CABINETS
SHIPPED FROM ITALY, TOP OF THE LINE APPLIANCES, TRENDY LEATHER
FINISH GRANITE COUNTER TOPS, CENTER ISLAND AND BREAKFAST ROOM.
FAMILY ROOM WITH OVERSIZED WINDOWS AND FIREPLACE OVERLOOKING LARGE
YARD. PRIMARY SUITE WITH FABULOUS BATH AND WARDROBE ROOM. SECOND
SUITE INCLUDES LARGE BATHROOM AND TERRACE. SECOND FLOOR
LAUNDRY ROOM. EXCEPTIONAL LOWER LEVEL FEATURES 5TH BEDROOM, FULL
BATH, POWDER ROOM, CEDAR CLOSET, PLAY ROOM, REC ROOM & LOADS OF
STORAGE. JUST MINUTES FROM DOWNTOWN GLENCOE, BEACH, METRA TRAIN
STATION, NORTHSHORE BIKE PATH, CHICAGO BOTANIC GARDEN, RAVINIA.
TOP-RATED SCHOOLS. WELCOME HOME!
Unit Size
5,014 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$294
Property Type
House
Property Taxes
$1,540
HOA Dues
-
Year Built
1955
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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: 3 years ago (MRED MLS #11194785)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 5, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by Core Realty & Investments, Inc | $1,475,000 | |
| Listed by Core Realty & Investments, Inc | |||
| Oct 11, 2020 | In contract | - | |
| In contract | |||
| Oct 7, 2020 | Listed | $724,900 | |
| Listed | |||
| | |||
|
Located in the highly desirable Glencoe community, this mid-century inspired split-level home provides an unbelievable opportunity for a buyer who has vision and wants to create long term equity. The New Trier School District is ranked as a top school in the US by US News and World Report. The home sits across from the Glencoe Golf course, is near The Botanical Gardens, Ravina and The Forest Preserve. It is conveniently located minutes from the highway and train. The home offers five spacious bedrooms, an updated kitchen with a Sub-Zero refrigerator, fireplace, finished basement, double garage and plenty of storage throughout. The home needs updates but there is potential in a market where values are only going to continue to rise! Now is your time! Sold As-Is. The manager has listed the unit size as 3200 square feet.
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Glencoe
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Listed by: Mila Friedman, Core Realty & Investments, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11194785
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: 3 years ago
Data Source: MRED, MLS# 11194785
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