$1,195,000
●
House -
Off Market
922 Cherokee Road
Wilmette, IL 60091
5 Beds
3 Baths,
1
Half Bath
$7,626
Est. Monthly
3.37%
Cap Rate
About This Property
This stunning five bedroom home in a sought-after Indian Hill
Estates is ready for its next owners. The generously sized rooms
flow effortlessly, creating a perfect space for both relaxation and
entertaining. Enjoy the warmth of two wood-burning fireplaces in
the living room and family room, and host gatherings in the
spacious dining room. The finished basement offers excellent
storage, while the attached 2-car garage adds convenience. The
expansive yard features a large deck, ideal for family fun and
entertaining. Walking distance from Harper Elementary, parks, and
the Centennial Rec Center.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,488
HOA Dues
-
Year Built
1949
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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.
Last updated: 2 years ago (MRED MLS #12257979)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2024 | Listed by Jameson Sotheby's International Realty | $1,250,000 | |
| Listed by Jameson Sotheby's International Realty | |||
| Dec 14, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Jameson Sotheby's International Realty | $1,250,000 | |
| Listed by Jameson Sotheby's International Realty | |||
| | |||
|
This stunning five bedroom home in a sought-after Indian Hill Estates is ready for its next owners. The generously sized rooms flow effortlessly, creating a perfect space for both relaxation and entertaining. Enjoy the warmth of two wood-burning fireplaces in the living room and family room, and host gatherings in the spacious dining room. The finished basement offers excellent storage, while the attached 2-car garage adds convenience. The expansive yard features a large deck, ideal for family fun and entertaining. Walking distance from Harper Elementary, parks, and the Centennial Rec Center.
| |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Wilmette
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Listed by: Patrick Alvarez, Jameson Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12257979
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12257979
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