Seller's Agent in 2022
Michael Decker
Compass
(630) 450-1392
4 in this area
56 Total Sales
1811 Prairie St Glenview, IL 60025
Estimated Value: $821,000 - $843,000
4
Beds
2
Baths
1,845
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- 4-minute walk to Glenview Station
- Heated Sun or Florida Room
- Pleasant Ridge Elementary School Rated A-
- Main Floor Bedroom
- 5-minute walk to Jackman Park
About This Home
As of May 2022Extremely rare opportunity to own a cash flowing investment property in the heart of Glenview. R18 zoning (highest density), prime for future redevelopment on a 75 x 177 lot with current multiple streams of income coming from the main house, carriage house, and rear garage like storage facility on the back of the property with 7 separate units. Perfectly located within steps to the train, grade school, library and shops on Glenview Rd among other attractions. The main house is a 4 bed 2 bath single family that has been recently updated with tons of natural light. New dishwasher and fridge, new hardwood floors, professionally painted. Two stories of living plus basement. Currently rented at $2,800/month. The carriage house towards the back of the property is a 1 bedroom 1 bath, with its own access and parking area that is currently rented for $925 a month. The storage units produce $16,680 annually. New sidewalks and gravel driveway on the exterior of the property. Gross Annual Income of $61,380 and NOI of $44,529. Don't miss this opportunity to acquire one of the best addresses in Glenview at a 6.5 cap rate!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,643
Year Built
- Built in 1921 | Remodeled in 2010
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 75 x 177
Home Design
- Asphalt Roof
Interior Spaces
- 1,845 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Formal Dining Room
- Heated Sun or Florida Room
- Storage Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Storm Screens
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Parking
- 4 Parking Spaces
- Gravel Driveway
- Uncovered Parking
- Off-Street Parking
- Off Alley Parking
- Parking Included in Price
Outdoor Features
- Enclosed Patio or Porch
- Outbuilding
Additional Homes
- Additional Residence on Property
Schools
- Lyon Elementary School
- Springman Middle School
- Glenbrook South High School
Utilities
- Zoned Cooling
- 3+ Cooling Systems Mounted To A Wall/Window
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2022
Closed on
May 26, 2022
Sold by
Madelyn S Anderson Revocable Trust
Bought by
Springbrook Enterprises Llc
Seller's Agent
Michael Decker
Compass
Buyer's Agent
Jeannie Kurtzhalts
Compass
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,254
Avg. Annual Appreciation
6.38%
Original Mortgage
$472,500
Outstanding Balance
$445,900
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$383,354
Purchase Details
Closed on
Oct 12, 2005
Sold by
Anderson Madelyn S
Bought by
Anderson Madelyn S and Madelyn S Anderson Revocable Trust
Purchase Details
Closed on
May 22, 1997
Sold by
Lasalle National Bank
Bought by
Anderson Joseph H and Anderson Madelyn S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Springbrook Enterprises Llc | $675,000 | Chicago Title | |
| Anderson Madelyn S | -- | -- | |
| Anderson Joseph H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Springbrook Enterprises Llc | $472,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $675,000 | -2.9% | $366 / Sq Ft |
| 04/02/2022 04/02/22 | Pending | -- | -- | -- |
| 03/09/2022 03/09/22 | For Sale | $695,000 | 0.0% | $377 / Sq Ft |
| 11/11/2021 11/11/21 | Rented | -- | -- | -- |
| 11/04/2021 11/04/21 | For Rent | $2,800 | +1.8% | -- |
| 07/29/2020 07/29/20 | Rented | $2,750 | 0.0% | -- |
| 06/17/2020 06/17/20 | Price Changed | $2,750 | -1.8% | $1 / Sq Ft |
| 06/05/2020 06/05/20 | For Rent | $2,800 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $12,174 | $52,992 | $21,240 | $31,752 |
| 2023 | $11,830 | $55,000 | $21,240 | $33,760 |
| 2022 | $11,830 | $55,000 | $21,240 | $33,760 |
| 2021 | $10,770 | $43,272 | $17,257 | $26,015 |
| 2020 | $10,643 | $43,272 | $17,257 | $26,015 |
| 2019 | $9,918 | $47,552 | $17,257 | $30,295 |
| 2018 | $10,297 | $44,771 | $14,934 | $29,837 |
| 2017 | $10,023 | $44,771 | $14,934 | $29,837 |
| 2016 | $9,470 | $44,771 | $14,934 | $29,837 |
| 2015 | $9,438 | $39,634 | $11,947 | $27,687 |
| 2014 | $9,266 | $39,634 | $11,947 | $27,687 |
| 2013 | $8,983 | $39,634 | $11,947 | $27,687 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Decker
-
Brett Monson
Seller Co-Listing Agent in 2022
Brett Monson
Compass
(714) 389-8337
2 in this area
35 Total Sales
-
Jeannie Kurtzhalts
Buyer's Agent in 2022
Jeannie Kurtzhalts
Compass
(847) 845-5114
41 in this area
83 Total Sales
-
Michael Shenfeld
Seller's Agent in 2021
Michael Shenfeld
Jameson Sotheby's Intl Realty
(312) 399-5848
15 in this area
310 Total Sales
-
N
Buyer's Agent in 2021
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11343097
APN: 04-35-120-003-0000
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