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Wilmette 60091
835 16th Street
$1,701,000
● House - Off Market

835 16th Street

WILMETTE, IL 60091
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
7,800 Ft²
$2,715,865
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Imagine taking a 5 star vacation everyday in your own backyard! Resort style living awaits you in the ultimate Wilmette location. 322 of lot depth embodies the ultra outdoor oasis. Lovely wooden deck for al fresca dining conveniently located off the kitchen overlooks the expansive recreation and respite filled back yard. Newer construction, the home, itself, checks all the boxes. Fabulous flow for entertaining yet quietly enveloping for daily living. Plenty of extras like 3 car attached garage, heated bathroom floors and steam shower. Gracious entry with charming wrap around porch adds character and charm. Not your typical newer construction. No waiting, the home is ready for occupancy today. Its high season!
Unit Size
7,800 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$218
Property Type
House
Property Taxes
$2,521
HOA Dues
-
Year Built
2007

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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

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,314
  • Lot Size Depth Feet: 3,320
  • Lot Size Frontage Feet: 580
  • Total Building Area: 4,430
  • Gross Building Area: 4,430
  • Building Area: 4,430
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,430
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHWALLS ADD
  • Land Acres: 0000000443
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 801100

Geography

  • District: 23
  • Parcel: 05-33-201-019-0000
  • Block: 2
  • Lot: 8
  • Meridian: SEC 33 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0784
  • Longitude: -87.7172

    Address

  • Full Address: 835 16th St
  • Address - House Number: 835
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C041
  • 4-Digit Zip Code: 2432
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,065,298
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2013
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 2,124,432
  • High Value: 2,552,188
  • Low Value: 1,696,677

    Market Valuation

  • Market Total Value: $1,927,030
  • Market Land Value: $531,140
  • Market Improvement Value: $1,395,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,703
  • Assessed Land Value: $53,114
  • Assessed Improvements Value: $139,589

    Sales

  • Current Sale Contract Date: Jul 17, 2017
  • Current Sale Recording Date: Jul 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1720206024
  • Previous Sale Recording Date: Oct 30, 2006
  • Previous Sale Contract Date: Sep 25, 2006
  • Previous Sale Amount: $1,850,000
  • Previous Sale Document Type: 27

    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 Wilmette

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$408

Above Asking

0.00%

Average Days on Market

41

Average Home Size

2046 ft²

Average Home Age

42.2 years

Currently For Sale

32 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 460 Highcrest Drive, Wilmette, IL, 60091

$5,175 /mo

  • 3 Beds
  • 2 Baths
  • 1,750 ft²
460 Highcrest Drive, Wilmette, IL, 60091 Listing by Sam Gambacorta
Unit for rent at 1720 Central Street, Evanston, IL, 60201

$4,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,195 ft²
1720 Central Street #303, Evanston, IL, 60201 Listing by Peter Lipsey

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Heidi Ziomek, Dream Town Real Estate
Data Source: MRED, MLS# MRD09641335
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 835 16th Street built and last sold?
The property at 835 16th Street was built in 2007 and last sold on Jul 17, 2017 for $1,701,000.
How much is this home worth?
The estimated value of the home located at 835 16th Street is $1,716,840.
What are some comparable homes to 835 16th Street?
There are currently no comparable homes to 835 16th Street.
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