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1088 Shermer Rd

Northbrook, IL 60062

2 bd 2 ba 1,760 sqft Built 1982 condos
Most recent sale
$278,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $278,000 MLS #11392891
Jun 7, 2022 Listed $289,000 MLS #11392891
Nov 16, 2015 Sold $300,000 Public Record
Aug 5, 2005 Sold $325,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $26,364 $5,157 $31,521 $7,201
2022 $26,364 $5,157 $31,521 $1,161
2021 $19,498 $4,165 $23,663 $1,275
2020 $19,498 $4,165 $23,663 $1,164
2019 $21,279 $4,165 $25,444 $1,137
2018 $14,210 $3,669 $17,879 $1,233
2017 $14,210 $3,669 $17,879 $2,164
2016 $14,210 $3,669 $17,879 $2,918
2015 $11,001 $3,074 $14,075 $3,334
2014 $11,001 $3,074 $14,075 $3,185
2013 $11,001 $3,074 $14,075 $3,087
2012 $17,281 $3,372 $20,653 $4,171
2011 $17,281 $3,372 $20,653 $3,957
2010 $17,281 $3,372 $20,653 $3,820
2009 $24,745 $3,967 $28,712 $4,899
2008 $24,527 $6,347 $30,874 $4,543
2007 $24,527 $6,347 $30,874 $4,492
2006 $16,807 $5,712 $22,519 $3,573

Property facts

Year built
1982
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,760 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
$3,168
Gross rental yield
13.67%
Implied cap rate
8.89%
Trend-extrapolated value

Frequently asked questions

When did 1088 Shermer Rd last sell?
1088 Shermer Rd most recently sold on Jul 6, 2022 for $278,000.
What is the current tax assessment for 1088 Shermer Rd?
The most recent total assessment for 1088 Shermer Rd (year 2023) is $31,521 with $7,201 in property tax.
How does 1088 Shermer Rd's assessment compare to its last sale price?
The current assessment is 88.7% below the last sale price of $278,000.
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, 1,760 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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