$450,000
●
House -
Off Market
650 Winnetka Mews #310
Winnetka, IL 60093
2 Beds
2 Baths
1,630 Ft²
$4,468
Est. Monthly
$1,245
HOA / Fees
0.89%
Cap Rate
About This Property
Fabulous opportunity to own this 2 Bed/2 Bath condo in sought after
Winnetka Mews building. Conveniently located near downtown
Winnetka's shops, restaurants, train, bike path, park district
facilities, Winnetka Community House and beaches. The two bedroom
floor plan includes a large living room, dining room, kitchen, and
East facing private balcony. The primary suite is highlighted by a
spacious walk-in closet and primary bathroom with double vanity,
separate shower and tub. The building amenities include an exercise
room, outdoor pool, elevator, heated garage parking, and outdoor
guest parking. All major capital improvements have been completed
while maintaining a healthy reserve balance. Additional perks
include two units per floor, an onsite engineer, and newly
remodeled foyer and common areas. Garage parking and Storage
included in the price.
Unit Size
1,630 Ft²
Days on Market
-
Land Size
-
Price per sqft
$300
Property Type
House
Property Taxes
$821
HOA Dues
$1,245
Year Built
2008
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Cap Rate Calculator
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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.
Property Highlights
Garage
Elevator
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached, Garage, Yes, Garage Owned
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s)
Door Features: Sliding Doors
Laundry Features: In Unit
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 1630
Square Footage Source: $0
Year Built: 1971
Construction Materials: Brick, Stucco
Pool is Private
Lot Size Dimensions: common
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $9,856
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Snow Removal, Parking, Exercise Facilities, Pool, Exterior Maintenance, Scavenger
HOA/Condo/Coop Amenities: Elevator(s), Exercise Course, Storage, Pool, On Site Manager/Engineer
HOA Fee: $1,245
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/03/2026
|
3 Bed
|
3 Bath
|
1766 ft²
|
$1,050,000
3 Bed
3 Bath
1766 ft²
|
$1,050,000
11/10/2026
|
Alicja Skibicki, CRS,GRI,SFR
Baird & Warner
| |
|
07/07/2026
|
2 Bed
|
2 Bath
|
1630 ft²
|
$949,000
2 Bed
2 Bath
1630 ft²
|
$1,150,531
+21.24%
07/23/2026
|
Jenny Fisher
@properties Christie's International Real Estate
| |
|
12/09/2025
|
2 Bed
|
2 Bath
|
1630 ft²
|
$489,000
2 Bed
2 Bath
1630 ft²
|
$450,000
-7.98%
02/18/2026
|
Dinny Dwyer
Coldwell Banker Realty
| |
|
07/02/2025
|
3 Bed
|
3 Bath
|
1976 ft²
|
$630,000
3 Bed
3 Bath
1976 ft²
|
$640,000
+1.59%
07/31/2025
|
Mary Grant
@properties Christie's International Real Estate
| |
|
11/14/2024
|
3 Bed
|
3 Bath
|
1730 ft²
|
$625,000
3 Bed
3 Bath
1730 ft²
|
$630,000
+0.80%
12/20/2024
|
Mary Grant
@properties Christie's International Real Estate
| |
|
10/15/2023
|
3 Bed
|
3 Bath
|
-
|
$575,000
3 Bed
3 Bath
|
$600,000
+4.35%
10/31/2023
|
Mary Grant
@properties Christie's International Real Estate
| |
|
12/07/2021
|
3 Bed
|
3 Bath
|
1730 ft²
|
$480,000
3 Bed
3 Bath
1730 ft²
|
$445,000
-7.29%
05/03/2022
|
Mark Blank
@properties Christie's International Real Estate
| |
|
04/27/2021
|
2 Bed
|
2 Bath
|
1630 ft²
|
$349,000
2 Bed
2 Bath
1630 ft²
|
$335,000
-4.01%
07/02/2021
|
John Bitting
@properties Christie's International Real Estate
| |
|
03/02/2019
|
3 Bed
|
3 Bath
|
1950 ft²
|
$480,000
3 Bed
3 Bath
1950 ft²
|
-
-
|
-
| |
|
02/20/2017
|
3 Bed
|
3 Bath
|
-
|
$395,000
3 Bed
3 Bath
|
$385,000
-2.53%
06/30/2017
|
Joseph Nash
@properties Christie's International Real Estate
| |
|
08/15/2005
|
2 Bed
|
2 Bath
|
-
|
$399,000
2 Bed
2 Bath
|
$370,000
-7.27%
03/15/2007
|
Blanche Romey
@properties Christie's International Real Estate
|
Building Info
About Winnetka
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Listed by: Sarah Dwyer, Compass
Data Source: MRED, MLS# MRD12496474
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.
Data Source: MRED, MLS# MRD12496474
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