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Glencoe 60022
908 Oak Drive
$1,530,000
● House - Off Market

908 Oak Drive

GLENCOE, IL 60022
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$3,016,305
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Classic 1 yr new red brick Colonial on beautiful tree lined street. Hardwood floors thru-out 1st flr. Gorgeous Kit w/abundance of cabinetry, stainless appliances, lg island & spacious eating area overlooking lovely yard. Inviting great room include fireplace & French doors to paver patio. Lux Mstr suite and a great fin Basement w/ rad heated flrs, RR, BR, bath w/steam shower, Ex Rm & whole house generator.
Unit Size
-
Days on Market
-
Land Size
0.31 acres
Price per sqft
-
Property Type
House
Property Taxes
$639
HOA Dues
-
Year Built
2008

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.

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 13,800
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 580
  • Total Building Area: 3,598
  • Gross Building Area: 3,598
  • Building Area: 3,598
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,598
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENCOE WOODS
  • Land Acres: 0000000317
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (GLENCOE) (WOODS) SUB OF NW NE NE & NE NE NE & NH SE NE NE & SW NE NE IN SEC 12-42-12

Neighborhood

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

Geography

  • District: 23
  • Parcel: 04-12-201-038-0000
  • Block: 19
  • Lot: 33
  • Meridian: SEC 12 TWN 42N RNG 12E
  • Municipality: NEW TRIER
  • Latitude: 42.1346
  • Longitude: -87.774

    Address

  • Full Address: 908 Oak Dr
  • Address - House Number: 908
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C011
  • 4-Digit Zip Code: 1427
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,608,363
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,515,579
  • High Value: 1,862,548
  • Low Value: 1,168,610

    Market Valuation

  • Market Total Value: $1,174,760
  • Market Land Value: $234,600
  • Market Improvement Value: $940,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,476
  • Assessed Land Value: $23,460
  • Assessed Improvements Value: $94,016

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2125607616
  • Previous Sale Recording Date: Jul 31, 2008
  • Previous Sale Contract Date: Jul 23, 2008
  • Previous Sale Amount: $1,530,000
  • 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:

$2,149,500

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 770 Skokie Boulevard, IL, 60062

$3,519 /mo

  • 2 Beds
  • 2 Baths
  • 1,287 ft²
770 Skokie Boulevard #8, IL, 60062 Listing by Shopanny Mejia
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: Janie Bress, Coldwell Banker Residential
Data Source: MRED, MLS# MRD06766396
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 908 Oak Drive built and last sold?
The property at 908 Oak Drive was built in 2008 and last sold on Aug 24, 2021 for $1,525,000.
How much is this home worth?
The estimated value of the home located at 908 Oak Drive is $1,568,228.
What are some comparable homes to 908 Oak Drive?
There are currently no comparable homes to 908 Oak Drive.
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