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Glencoe 60022
640 GROVE Street
$702,000
● House - Off Market

640 GROVE Street

GLENCOE, IL 60022
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
$1,437,168
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

Stately red brick Georgian w/great curb appeal! Beautiful sun-filled windows, hdwd flrs & high ceilings thruout. LR w/wood burning frplc & French drs leading to great screened porch. DR w/pretty moldings & blt-in cabinets. Newer kitchen w/granite counters & SS appliances. Private yard w/brick paver patio & lovely gardens. Move right in and enjoy this walk to everything perfect location! Plans available for expansion.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$975
HOA Dues
-
Year Built
1925

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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.

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 63
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,976
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 680
  • Total Building Area: 2,168
  • Gross Building Area: 2,168
  • Building Area: 2,168
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,168
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OWNERS SUB
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (OWNERS) SUB OF LTS 1-6 INCL IN MULHOLLANDS RESUB OF BLK 26 IN SEC 7 IN GLENCOE A SUB IN SECS 5,6,7 & 8 SEC 07-42-13

Neighborhood

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

Geography

  • District: 23
  • Parcel: 05-07-116-005-0000
  • Block: 26
  • Lot: 1-6
  • Meridian: SEC 07 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1311
  • Longitude: -87.7617

    Address

  • Full Address: 640 Grove St
  • Address - House Number: 640
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C012
  • 4-Digit Zip Code: 1654
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,829,511
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 929,820
  • High Value: 1,118,654
  • Low Value: 740,986

    Market Valuation

  • Market Total Value: $800,000
  • Market Land Value: $197,470
  • Market Improvement Value: $602,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $19,747
  • Assessed Improvements Value: $60,253

    Sales

  • Current Sale Contract Date: Aug 01, 2008
  • Current Sale Recording Date: Aug 07, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0822035247

    Financing

  • First Mortgage Financing Type: ADJ
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

5552 ft²

Average Home Age

33.9 years

Currently For Sale

19 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 545 Chestnut St, WINNETKA, IL, 60093

$2,220 /mo

  • 1 Bed
  • 1 Bath
545 Chestnut St #545-301, WINNETKA, IL, 60093 Listing by Isabella Skinger
Unit for rent at 909 Green Bay Road, Winnetka, IL, 60093

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 771 ft²
909 Green Bay Road #2S, Winnetka, IL, 60093 Listing by Andra O'Neill

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sandra Gerstman, Berkshire Hathaway HomeServices KoenigRubloff
Data Source: MRED, MLS# MRD06884257
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 640 Grove Street built and last sold?
The property at 640 Grove Street was built in 1925 and last sold on Aug 1, 2008 for $702,000.
How much is this home worth?
The estimated value of the home located at 640 Grove Street is $756,490.
What are some comparable homes to 640 Grove Street?
There are currently no comparable homes to 640 Grove Street.
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