3488 Salem Walk Northbrook, IL 60062
Glenview AreaEstimated payment $8,786/month
Highlights
- Central Heating
- Henry Winkelman Elementary School Rated A-
- Baseboard Heating
About This Home
Immaculate, meticulously cared for, and fully occupied 6-unit investment property located in a desirable Northbrook location. This property has a strong cash flow and long term value. All six units feature spacious 2 bedrooms, 1 bath layouts, making this very attractive and highly rentable. A full basement provides additional storage space and convenient on site laundry facilities. Many updates have already been done to the property, making this ideal for a new investor, including a water heater (2025), boiler (2019), washer (2024), dryer (2025), and a brand-new roof scheduled for installation early June. Assigned parking spaces are located at the rear of the building for tenant convenience. This is a very well-maintained property. Ideally located near schools, shopping, dining, transportation, and everyday amenities, this turnkey investment offers stable occupancy, minimal deferred maintenance, and excellent income potential for years to come. Rare opportunity to acquire a solid, income-producing 6-unit building with major mechanical updates already completed. This is an ideal addition to any investment portfolio. Don't miss out on this amazing property!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,326
Year Built
- Built in 1978
Utilities
- Central Heating
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
Additional Features
- 3-Story Property
- Lot Dimensions are 64x56
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $700
- Fuel Expense $3,292
- Insurance Expense $3,247
- Other Expense $6,120
- Water Sewer Expense $5,252
- Operating Expense $36,643
- Gross Income $106,800
- Net Operating Income $70,157
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $16,326 | $93,000 | $3,906 | $89,094 |
| 2024 | $16,326 | $74,544 | $3,581 | $70,963 |
| 2023 | $15,947 | $74,544 | $3,581 | $70,963 |
| 2022 | $15,947 | $74,544 | $3,581 | $70,963 |
| 2021 | $14,380 | $58,099 | $3,906 | $54,193 |
| 2020 | $13,682 | $58,099 | $3,906 | $54,193 |
| 2019 | $13,884 | $66,781 | $3,906 | $62,875 |
| 2018 | $14,636 | $64,076 | $3,417 | $60,659 |
| 2017 | $13,105 | $64,076 | $3,417 | $60,659 |
| 2016 | $12,453 | $64,076 | $3,417 | $60,659 |
| 2015 | $10,223 | $48,092 | $2,766 | $45,326 |
| 2014 | $12,589 | $60,781 | $2,766 | $58,015 |
| 2013 | $12,310 | $60,781 | $2,766 | $58,015 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2026 07/18/26 | Pending | -- | -- | -- |
| 05/30/2026 05/30/26 | For Sale | $1,399,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12652192
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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