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Wilmette 60091
905 Chippewa Lane
$1,050,000
● House - Off Market

905 Chippewa Lane

WILMETTE, IL 60091
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$2,013,001
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Stunning renovation on quiet cul-de-sac in Indian Hills. Absolutely exquisite huge chef's kitchen w/ granite island opens to large hearth grt rm and dining room w/ flr to ceiling glass. Adjacent lvg rm w/ coffered ceiling, built-ins/ frplc. Flexible flr plan, deluxe 1st flr mstr suite; potential 2nd flr mstr suite; terrific  lower level: office/bedrm; den; rec  rm w/ slate floors. 2 c att g. Truly fantastic property
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,599
HOA Dues
-
Year Built
1956

Payment Calculator

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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: 2 years ago (MRED MLS #08620491)

Price History

Date / Event Date Event Price
Jul 24, 2014 Sold
Premium
Sold
May 20, 2014 Listed by @properties Christie's International Real Estate $1,085,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,400
  • Total Building Area: 3,684
  • Gross Building Area: 3,684
  • Building Area: 3,684
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,684
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN HILL ESTATES
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (RESUBDIVISION) OF BLKS9-10 IN INDIAN HILL ESTATES A SUB OF PT OF SW & PT OF SE SH SEC 29-42-13

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 800700

Geography

  • District: 23
  • Parcel: 05-29-421-012-0000
  • Block: 9,10
  • Lot: 12
  • Meridian: SEC 29 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0795
  • Longitude: -87.7402

    Address

  • Full Address: 905 Chippewa Ln
  • Address - House Number: 905
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C017
  • 4-Digit Zip Code: 1210
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,233,661
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,375,327
  • High Value: 1,688,160
  • Low Value: 1,062,493

    Market Valuation

  • Market Total Value: $1,040,000
  • Market Land Value: $208,000
  • Market Improvement Value: $832,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,000
  • Assessed Land Value: $20,800
  • Assessed Improvements Value: $83,200

    Sales

  • Current Sale Contract Date: Oct 11, 2013
  • Current Sale Recording Date: Nov 04, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1330841146
  • Previous Sale Recording Date: Dec 13, 1994
  • Previous Sale Contract Date: Nov 30, 1994
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: 69

    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

$417

Above Asking

0.00%

Average Days on Market

40

Average Home Size

2127 ft²

Average Home Age

47.2 years

Currently For Sale

38 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 3240 Park Place, Evanston, IL, 60201

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 3,014 ft²
3240 Park Place, Evanston, IL, 60201 Listing by Kimberly Evetts
Unit for rent at 5424 Old Orchard Road, Skokie, IL, 60077

$5,775 /mo

  • 3 Beds
  • 2 Baths
  • 2,055 ft²
5424 Old Orchard Road, Skokie, IL, 60077 Listing by Michael Glickman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mindy Shea, @properties Christie's International Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 08620491
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 905 Chippewa Lane built and last sold?
The property at 905 Chippewa Lane was built in 1956 and last sold on Oct 11, 2013 for $1,080,000.
How much is this home worth?
The estimated value of the home located at 905 Chippewa Lane is $0.
What are some comparable homes to 905 Chippewa Lane?
There are currently no comparable homes to 905 Chippewa Lane.
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