For Sale
505 Banyan Dr
Northbrook, IL, 60062 • 60062 • Cook County
$474,900
$375/sqft
Down payment assistance available
3Beds
2Baths
1,268Sqft
0.24 acLot
1961Built
Property DNA
3-Car Garage
Asphalt · Garage · Yes · Garage Owned · Attached · Detached
Just Listed
Listed Apr 10, 2026
Popular listing
199 views · 12 saves
Market activity
Demand and pricing signals for this listing
199 views
People checking out this listing
12 saves
Buyers have saved this home
$375/sqft
Price per square foot
About this home
Single Family · Built 1961
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!
Standout features identified
Our analysis highlights corner lot and desirable corner lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,961/month
Principal & Interest$2,328
Property Tax$475
Insurance$158
Down payment20% ($94,980)
3%50%
Est. 6.20% rate · 30yr fixed · $379,920 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1961
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking3 Attached Garage spaces
Lot10,241 sqft
Days on Zillow0
Price/sqft$375
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1961
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
RoofAsphalt
ConstructionBrick, Cedar
Water / SewerLake Michigan, Public / Public Sewer
Parking & Outdoor
ParkingAsphalt, Garage, Yes, Garage Owned, Attached, Detached
Garage3 spaces
BasementFinished,Partial
Lot10,241 sqft
Location & Tax
Neighborhood60062
Annual tax$6,444
Parcel0405312022
Bathrooms & Fees
Full baths1
Features & details
7 categories of property features
Interior Features
Heating
Natural Gas
Forced Air
Cooling
Central Air
Accessibility
No Disability Access
Exterior Features
Parking
Asphalt
Garage
Yes
Garage Owned
Attached
Detached
Construction
Brick
Cedar
Lot Features
Corner Lot
Community
Curbs
Sidewalks
Street Lights
Street Paved
Room details
19 rooms detailed
Master Bedroom
Second12×12 ft144 sqft
Flooring (Carpet)
Bedroom2
Second10×10 ft100 sqft
Flooring (Carpet)
Bedroom3
Second10×10 ft100 sqft
Flooring (Carpet)
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusFor Sale
Tax rate1.99%
Price/sqft$375
On marketApr 10, 2026
PostedApr 10, 2026
MLS statusNew
MLS updatedApr 10, 2026
Tour days9
Views199
Favorites12
How are the schools in Northbrook?
3 schools rated nearby
Location
Northbrook, IL, 60062
Price history
1 event
DateEventPrice$/sqftSource
Apr 10, 2026Listed For Sale$474,900$375MRED as distributed by MLS GRID
Listed For Sale$474,900
Apr 10, 2026•$375/sqft•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2023$6,173$29,782
Apr 10, 2022$5,939$29,782
Apr 10, 2021$6,105$27,447
Apr 10, 2020$6,071$27,447
Apr 10, 2019$5,924$30,162
Apr 10, 2018$5,664$26,935
Apr 10, 2017$5,519$26,935
Apr 10, 2016$5,369$26,935
Apr 10, 2015$5,526$25,264
Apr 10, 2014$5,406$25,264
Apr 10, 2013$5,239$25,264
Apr 10, 2012$7,112$37,667
Apr 10, 2011$6,499$37,667
Apr 10, 2010$7,293$37,667
Apr 10, 2009$1,748$43,667
Apr 10, 2008$1,762$46,954
Apr 10, 2007$1,877$46,954
Apr 10, 2006$2,119$31,586
Apr 10, 2005$2,076$31,586
Apr 10, 2004$2,143$31,586
Apr 10, 2003$2,485$22,650
Apr 10, 2002$2,419$22,650
Apr 10, 2001$2,871$22,650
Apr 10, 2000$2,782$19,679
Apr 10, 1999$2,782$19,679
Nearby homes
Neighborhood details
Local context around this listing
Northbrook, IL • Cook County
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60062600656008260090
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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