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Wilmette 60091
939 Illinois Road
$1,276,000
● House - Off Market

939 Illinois Road

Wilmette, IL 60091
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,720 Ft²
$8,161
Est. Monthly
2.97%
Cap Rate

About This Property

Welcome to 939 Illinois in coveted Indian Hill Estates and award-winning school districts 39/203. This one-of-a-kind, architecturally-significant home was originally designed and built in 1952 by architect, L. Morgan Yost. Graciously expanded in 2000, the home offers over 4,700 sq feet of living space, with 5 bedrooms and 3.1 baths. Sitting on nearly .4 acre of private mature landscaping, the home offers loads of oversized windows and skylights that create a remarkably sunny, nature-loving quality. Formal living room, large open kitchen/dining room/family room, convenient first-floor laundry and mud rooms, remarkable office/sunroom, 2+ car attached garage, large private back patio, convenient circular driveway. This home has it all. Welcome home! Showings begin Friday, 10/4.
Unit Size
4,720 Ft²
Days on Market
-
Land Size
-
Price per sqft
$275
Property Type
House
Property Taxes
$1,782
HOA Dues
-
Year Built
1952

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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.

Last updated: 2 years ago (MRED MLS #12157072)

Price History

Date / Event Date Event Price
Jan 7, 2025 Sold
Premium
Sold
Oct 7, 2024 In contract -
In contract
Oct 3, 2024 Listed by @properties Christie's International Real Estate $1,299,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • 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: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,706
  • Total Building Area: 3,646
  • Gross Building Area: 3,646
  • Building Area: 3,646
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,646
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN HILL ESTATES
  • Land Acres: 0000000384
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (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: 05-29-422-009-0000
  • Block: 8
  • Lot: 3
  • Meridian: SEC 29 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0805
  • Longitude: -87.7375

    Address

  • Full Address: 939 Illinois Rd
  • Address - House Number: 939
  • Address - Street Name: Illinois
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C046
  • 4-Digit Zip Code: 1305
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,138,722
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,211,221
  • High Value: 1,486,727
  • Low Value: 935,716

    Market Valuation

  • Market Total Value: $1,030,000
  • Market Land Value: $334,120
  • Market Improvement Value: $695,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,000
  • Assessed Land Value: $33,412
  • Assessed Improvements Value: $69,588

    Sales

  • Current Sale Contract Date: Jun 23, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2027425058
  • Previous Sale Recording Date: Sep 23, 1998
  • Previous Sale Contract Date: Sep 18, 1998
  • Previous Sale Amount: $437,500
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: UNK
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

42

Average Home Size

2038 ft²

Average Home Age

43.1 years

Currently For Sale

34 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

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MRED

Listed by: Brandy Isaac, @properties Christie's International Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12157072
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 939 Illinois Road built and last sold?
The property at 939 Illinois Road was built in 1952 and last sold on Jun 23, 2020 for $823,000.
How much is this home worth?
The estimated value of the home located at 939 Illinois Road is $0.
What are some comparable homes to 939 Illinois Road?
There are currently no comparable homes to 939 Illinois Road.
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