NOT LISTED FOR SALE

2227 Cherry Ln Northbrook, IL 60062

Estimated Value: $725,000 - $830,790

5 Beds
3 Baths
2,201 Sq Ft
$356/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $530,000 $241 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,053/month

61 Days on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • Formal Dining Room
  • Greenbriar Elementary School Rated A
  • Den
  • Balcony

About This Home

As of February 2023

Opportunity knocks just west of downtown Northbrook with this homey, warm, and spacious 5 Bedroom Home on the Parade Route of Cherry Lane - Smack Dab in the middle of it all! The sprawling living room faces north with a fabulous view of Cherry and Butternut Lanes. Separate dining room, updated kitchen, and den with roll in shower plus powder room, and large foyer round out this easy flowing main floor. There are 5 bedrooms and 2 full baths and a north facing balcony on the second floor with plenty of room for all, including a spacious Primary Suite. The unfinished basement can be converted to a large multi purpose/recreation room or office and also includes laundry and plenty of storage. The 1 car garage connects directly to the house for a warm transition in winter. The yard with concrete patio offers plenty of room for entertaining, recreation, and relaxation. You can also sit on the front porch and watch neighbors and friends pass by or stop to visit. Don't miss out on this great chance to start a new chapter for this great home on Cherry Lane. This is an as is sale with opportunity for upgrade or complete repurpose! Make an appointment to see this wonderful home in an outstanding location today!

Last Agent to Sell the Property

Charles Burns

Total Solutions Real Estate LLC License #475140938 Listed on: 11/22/2022

Last Buyer's Agent

Abbey Driscoll

@properties Christie's International Real Estate License #475166368

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,804

Year Built

  • Built in 1958 | Remodeled in 2012

Lot Details

  • Lot Dimensions are 59 x 123.2 x 59 x 123.1
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,201 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Carbon Monoxide Detectors
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Accessible Home Design

  • Roll-in Shower
  • Handicap Shower
  • Grab Bar In Bathroom
  • Accessibility Features

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near a park

Schools

  • Greenbriar Elementary School
  • Northbrook Junior High School
  • Glenbrook North High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Highlands Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,804

Year Built

Built in 1958 | Remodeled in 2012

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Highlands
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Basement: Full
  • Accessibility Features: Bath Grab Bars, Roll-In Shower
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: First Floor Full Bath, Some Wood Floors
  • LivingArea: 2201
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: Bedroom 5, Den, Foyer
  • Estimated Total Finished Sq Ft: 2201
  • Assessed Sq Ft: 2201
  • Basement Description: Unfinished
  • Bathroom Amenities: Handicap Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2201
  • Basement Sq Ft: 951
  • Fireplace Location: Living Room
  • Square Footage Comments: There is an additional 951 square feet of space in the unfinished basement for 3152 total Finished/Unfinished square feet of living space.
  • Total Sq Ft: 3152
  • Unfinished Basement Sq Ft: 951
  • Upper Level Sq Ft: 1250
  • Main Level Sq Ft: 951
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 599000
  • Lot Features: Level, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick,Frame

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam, Baseboard
  • Laundry Features: Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Greenbriar Elementary School
  • High School: Glenbrook North High School
  • Middle/Junior School: Northbrook Junior High School
  • Middle/Junior School District: 28

Lot Info

  • Lot Dimensions: 59 X 123.2 X 59 X 123.1
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6804.01
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Feb 6, 2023
Sold by
Ratcliffe Family Trust
Bought by
Miller Erik R and Miller Rachael E
Seller's Agent
Charles Burns
Total Solutions Real Estate LLC
Buyer's Agent
Abbey Driscoll
@properties Christie's International Real Estate
List Price
$625,000
Sold Price
$530,000
Premium/Discount to List
-$95,000
-15.2%
Views
67
Current Estimated Value
$784,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,198
Avg. Annual Appreciation
16.06%
Original Mortgage
$503,500
Outstanding Balance
$488,539
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$295,659
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Miller Erik R $530,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Erik R $503,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $530,000 -11.5% $241 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $599,000 -4.2% $272 / Sq Ft
11/22/2022 11/22/22 For Sale $625,000 -- $284 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $10,748 $53,013 $12,096 $40,917
2023 $6,198 $53,013 $12,096 $40,917
2022 $6,198 $56,000 $12,096 $43,904
2021 $6,804 $47,734 $9,261 $38,473
2020 $6,211 $47,734 $9,261 $38,473
2019 $12,869 $65,666 $9,261 $56,405
2018 $6,579 $45,346 $8,127 $37,219
2017 $6,297 $49,924 $8,127 $41,797
2016 $10,712 $49,924 $8,127 $41,797
2015 $7,793 $42,980 $6,615 $36,365
2014 $7,289 $42,980 $6,615 $36,365
2013 $7,232 $42,980 $6,615 $36,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11677225

Midwest Real Estate Data (MRED)

APN: 04-09-401-046-0000