An excellent investment opportunity is knocking! Situated on a desirable corner lot in a sought-after neighborhood within District 27 schools and Glenbrook North HS, this property offers incredible potential for investors, builders, or buyers ready to bring their vision to life. 1-car attached & 2-car detached garage. Located just one block from Hickory Point Elementary School and only minutes from major roadways including Route 68 and Route 43, as well as easy access to I-294 and I-94, the location simply can't be beat. This home is being sold "as is" making this is a rare opportunity you won't want to miss!
Closed
$427,000
505 Banyan Dr, Northbrook, IL 60062
3beds
1,268sqft
Single Family Residence
Built in 1961
10,241 Square Feet Lot
$428,900 Zestimate®
$337/sqft
$3,354 Estimated rent
Home value
$428,900
$390,000 - $472,000
$3,354/mo
Zestimate® history
Owner options
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$3,035/mo
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Corner lot
Zillow last checked:
Listing updated:
Listed by:
Marco Amidei 847-630-4886,
RE/MAX Suburban,
Peggy Schaefer 847-609-7148,
RE/MAX Suburban
Bought with:
Ivana Jovanovikj
Core Realty & Investments Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12601730
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet)
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10X10
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X9
Family room
- Features: Flooring (Carpet)
- Level: Lower
- Area: 264 Square Feet
- Dimensions: 24X11
Kitchen
- Features: Flooring (Vinyl)
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X9
Laundry
- Level: Lower
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18X14
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Basement: Finished,Partial
Interior area
- Total structure area: 0
- Total interior livable area: 1,268 sqft
Property
Parking
- Total spaces: 3
- Parking features: Asphalt, Garage, Yes, Garage Owned, Attached, Detached
- Attached garage spaces: 3
Accessibility
- Accessibility features: No Disability Access
Features
- Levels: Tri-Level
Lot
- Size: 10,241 Square Feet
- Dimensions: 133 x 77
- Features: Corner Lot
Details
- Parcel number: 04053120220000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Cedar
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights, Street Paved
HOA
- Services included: None
Location
- Region: Northbrook
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $297,840
- Annual tax amount: $6,444
- Date on market: 4/10/2026
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Sold | $427,000+0.5%$337/sqft |
Source:  MRED as distributed by MLS GRID #12601730 Report a problem | ||
| 5/21/2026 | Pending sale | $424,900$335/sqft |
Source: MRED as distributed by MLS GRID #12601730 Report a problem | ||
| 5/20/2026 | Listing removed | $424,900$335/sqft |
Source: MRED as distributed by MLS GRID #12601730 Report a problem | ||
| 4/29/2026 | Contingent | $424,900$335/sqft |
Source: MRED as distributed by MLS GRID #12601730 Report a problem | ||
| 4/24/2026 | Price change | $424,900-10.5%$335/sqft |
Source: MRED as distributed by MLS GRID #12601730 Report a problem | ||
| 4/10/2026 | Listed for sale | $474,900$375/sqft |
Source: MRED as distributed by MLS GRID #12601730 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $29,784 +0% |
| 2023 | $6,173 +3.9% | $29,782 |
| 2022 | $5,939 -2.7% | $29,782 +8.5% |
| 2021 | $6,105 +0.6% | $27,447 |
| 2020 | $6,071 +2.5% | $27,447 -9% |
| 2019 | $5,924 +4.6% | $30,162 +12% |
| 2018 | $5,664 +2.6% | $26,935 |
| 2017 | $5,519 +2.8% | $26,935 |
| 2016 | $5,369 -2.9% | $26,935 +6.6% |
| 2015 | $5,526 +2.2% | $25,264 |
| 2014 | $5,406 +3.2% | $25,264 |
| 2013 | $5,239 -26.3% | $25,264 -32.9% |
| 2012 | $7,112 +9.4% | $37,667 |
| 2011 | $6,499 -10.9% | $37,667 |
| 2010 | $7,293 +317.3% | $37,667 -13.7% |
| 2009 | $1,748 -0.8% | $43,667 -7% |
| 2008 | $1,762 -6.1% | $46,954 |
| 2007 | $1,877 -11.4% | $46,954 +48.7% |
| 2006 | $2,119 +2% | $31,586 |
| 2005 | $2,076 -3.1% | $31,586 |
| 2004 | $2,143 -13.8% | $31,586 +39.5% |
| 2003 | $2,485 +2.7% | $22,650 |
| 2002 | $2,419 -15.7% | $22,650 |
| 2001 | $2,871 +3.2% | $22,650 +15.1% |
| 2000 | $2,782 | $19,679 |
| 1999 | $2,782 | $19,679 |
Find assessor info on the county website
Neighborhood: 60062
Nearby homes
- $511,2003 bd1 ba1.3k sqft495 Banyan Dr, Northbrook, IL 60062Off Market
- $1,084,8005 bd3 ba3.8k sqft3480 Sorrel Dr, Northbrook, IL 60062Off Market
- $478,0003 bd2 ba1.7k sqft525 Banyan Dr, Northbrook, IL 60062Off Market
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- $1,469,5005 bd5 ba5.6k sqft3470 Sorrel Dr, Northbrook, IL 60062Off Market
- $476,0003 bd2 ba1.3k sqft500 Banyan Dr, Northbrook, IL 60062Off Market
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- $539,4003 bd2 ba1.2k sqft490 Banyan Dr, Northbrook, IL 60062Off Market
Nearby schools
GreatSchools rating
- NAHickory Point Elementary SchoolGrades: PK-2Distance: 0.2 mi
- 8/10Wood Oaks Jr High SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Glenbrook North High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Hickory Point Elementary School
- High: Glenbrook North High School
- District: 27
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$428,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$428,900
- Illinois
- Cook County
- Northbrook
- 60062
- 505 Banyan Dr
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