For SaleRisky Deal1 days on market
640 Winnetka Mews APT 403
640 Winnetka Mews APT 403, Winnetka, IL 60093, Winnetka, IL 60093
$1,250,000
Estimate®:$1,212,900
Listing Price
640 Winnetka Mews APT 403, Winnetka, IL 60093
Loc: Winnetka, IL
Days Listed
1
Tax Assessed
$533k
Estimate®
$1213k
Market Rate
Rent Estimate
$4,213/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
The Skokie School
5-6
0.6 mi away
8
Carleton W Washburne School
7-8
0.7 mi away
8
New Trier Township High School Winnetka
10-12
1.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern architectural stylemulti-family residentialstucco exteriorcontemporary condo complexgated entry signagepaved drivewayminimalist designlandscaped groundsurban residentialmulti-story buildingprofessional buildingwell-maintainedstructured design
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.80%
Total ROI
-2.1%
Cash Flow
$-4,616/mo
DSCR
0.29
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-4,616/mo net cash flow with a 1.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Winnetka, IL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Price change | $1,250,000 | $625 |
| 2026-08-25 | Listed for sale | $1,350,000 | $675 |
| 2018-01-11 | Sold | $575,000 | $288 |
| 2017-11-20 | Pending sale | $649,000 | $325 |
| 2017-06-27 | Listed for sale | $649,000 | $325 |
| 2012-04-17 | Sold | $290,000 | $145 |
| 2012-01-11 | Price change | $325,000 | $163 |
| 2011-10-31 | Listed for sale | $389,000 | $195 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $12,650.51 | $53,344 |
| 2023 | $12,366.39 | $53,342 |
| 2022 | $11,642.12 | $53,342 |
| 2021 | $9,188.37 | $38,735 |
| 2020 | $9,100.2 | $38,735 |
| 2019 | $9,014.94 | $42,088 |
| 2018 | $8,174.99 | $37,518 |
| 2017 | $7,936.62 | $37,518 |
| 2016 | $7,753.47 | $37,518 |
| 2015 | $7,599.77 | $33,512 |
| 2014 | $7,449.71 | $33,512 |
| 2013 | $7,695.43 | $33,512 |
| 2012 | $7,057.21 | $36,559 |
| 2011 | $7,269.76 | $38,292 |
| 2010 | $7,728.42 | $38,292 |
| 2009 | $7,487.86 | $49,141 |
| 2008 | $7,209.75 | $53,512 |
| 2007 | $6,817.76 | $53,512 |
| 2006 | $7,932.45 | $48,135 |
| 2005 | $7,231.91 | $48,135 |
| 2004 | $6,938.52 | $48,135 |
| 2003 | $7,731.16 | $42,094 |
| 2002 | $7,167.68 | $42,094 |
| 2001 | $6,654.74 | $42,094 |
| 2000 | $6,673.7 | $37,518 |
| 1999 | $6,464.96 | $37,518 |
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