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Glencoe 60022
612 Vernon Avenue
$592,000
● House - Off Market

612 Vernon Avenue

GLENCOE, IL 60022
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,628 Ft²
$968,673
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Amazing Opportunity! Open the door to easy living with this renovated, large 5 bedroom, 2.1 bath home on coveted Vernon Ave. Updated kitchen w/granite island, cherry cabinets & stainless steel appliances. SO MANY WONDERFUL FEATURES including open floor plan w/expansive living room adjacent to sunroom & separate dining room. Main floor features hardwood floors, spacious family room, separate office & powder room. Homeowner improvements include upgraded electrical, exterior renovation to stucco, exterior drainage, newer roof in rear half of home, some newer windows. This home has a deep lot and is perfectly located near town, train, community center, parks, exceptional schools, library, Glencoe beach, Glencoe Golf Club & Chicago Botanic Garden. This special home is not to be missed!
Unit Size
2,628 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$228
Property Type
House
Property Taxes
$1,439
HOA Dues
-
Year Built
1917

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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 #09578321)

Price History

Date / Event Date Event Price
May 26, 2017 Sold
Premium
Sold
Mar 28, 2017 Listed by Baird & Warner $599,500
Listed by Baird & Warner

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 12
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 2,100
  • Total Building Area: 2,628
  • Gross Building Area: 2,628
  • Building Area: 2,628
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENCOE A SUB IN SECS 5,6,7 & 8 SEC 08
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (GLENCOE) A SUB IN SECS 5,6,7 & 8 SEC 08-42-13

Neighborhood

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

Geography

  • District: 23
  • Parcel: 05-07-211-015-0000
  • Block: 24
  • Lot: 4,5
  • Meridian: SEC 08 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.132
  • Longitude: -87.7583

    Address

  • Full Address: 612 Vernon Ave
  • Address - House Number: 612
  • Address - Street Name: Vernon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C012
  • 4-Digit Zip Code: 1630
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,980,006
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,010,356
  • High Value: 1,241,661
  • Low Value: 779,050

    Market Valuation

  • Market Total Value: $900,000
  • Market Land Value: $231,000
  • Market Improvement Value: $669,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,000
  • Assessed Land Value: $23,100
  • Assessed Improvements Value: $66,900

    Sales

  • Current Sale Contract Date: Mar 11, 2017
  • Current Sale Recording Date: Jun 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1716749196
  • Previous Sale Recording Date: Mar 07, 1996
  • Previous Sale Contract Date: Feb 27, 1996
  • Previous Sale Amount: $302,000
  • 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 Glencoe

Stats & Trends

Median Asking:

$2,150,000

Sale Price/ft²

$444

Below Asking

0.01%

Average Days on Market

41

Average Home Size

5627 ft²

Average Home Age

35.7 years

Currently For Sale

18 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

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MRED

Listed by: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09578321
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 612 Vernon Avenue built and last sold?
The property at 612 Vernon Avenue was built in 1917 and last sold on Mar 11, 2017 for $592,000.
How much is this home worth?
The estimated value of the home located at 612 Vernon Avenue is $605,369.
What are some comparable homes to 612 Vernon Avenue?
There are currently no comparable homes to 612 Vernon Avenue.
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