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1088 Shermer Rd

Northbrook, IL 60062

2 bd 2 ba 1,600 sqft Built 1982 condos
Most recent sale
$320,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $320,000 MLS #11359069
Mar 29, 2022 Listing removed $339,900 MRED
Mar 29, 2022 Listed $329,000 MLS #11359069
Mar 19, 2022 Listed $339,900 MLS #11352106
Oct 20, 2017 Sold $185,000 Public Record
Mar 2, 1984 Sold $100,000 Public Record
Feb 1, 1984 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $23,692 $4,634 $28,326 $5,107
2022 $23,692 $4,634 $28,326 $2,999
2021 $15,431 $3,743 $19,174 $4,790
2020 $15,431 $3,743 $19,174 $4,694
2019 $19,122 $3,743 $22,865 $4,945
2018 $12,769 $3,297 $16,066 $3,762
2017 $12,769 $3,297 $16,066 $3,665
2016 $12,769 $3,297 $16,066 $3,447
2015 $9,886 $2,763 $12,649 $2,996
2014 $9,886 $2,763 $12,649 $2,862
2013 $9,886 $2,763 $12,649 $2,774
2012 $11,817 $3,030 $14,847 $2,998
2011 $15,529 $3,030 $18,559 $3,555
2010 $15,529 $3,030 $18,559 $3,432
2009 $22,238 $3,565 $25,803 $4,402
2008 $22,041 $5,704 $27,745 $4,082
2007 $22,041 $5,704 $27,745 $4,036
2006 $15,104 $5,133 $20,237 $3,211

Property facts

Year built
1982
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,600 sqft
Lot size
ZIP code
60062
City
Northbrook
Street
Shermer Rd
Coordinates
42.13384, -87.82104

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,880
Gross rental yield
10.80%
Implied cap rate
7.02%
Trend-extrapolated value

Frequently asked questions

When did 1088 Shermer Rd last sell?
1088 Shermer Rd most recently sold on May 27, 2022 for $320,000.
What is the current tax assessment for 1088 Shermer Rd?
The most recent total assessment for 1088 Shermer Rd (year 2023) is $28,326 with $5,107 in property tax.
How does 1088 Shermer Rd's assessment compare to its last sale price?
The current assessment is 91.1% below the last sale price of $320,000.
When was 1088 Shermer Rd built?
1088 Shermer Rd was built in 1982.
How does 1088 Shermer Rd compare to others on Shermer Rd?
We track 8 other properties on Shermer Rd. Browse the list under "Other properties on Shermer Rd" to compare beds, baths, and sale history.
What are the property facts for 1088 Shermer Rd?
1088 Shermer Rd is a 2 bed, 2 bath, 1,600 sqft condos.
Is 1088 Shermer Rd a flip candidate?
No — 1088 Shermer Rd does not appear in our flips dataset.
Is 1088 Shermer Rd a tax-appeal candidate?
No — 1088 Shermer Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$1.09M
2026 Q4
$1.12M
ZIP 60062 — Median Price History + Forecast

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