Date
Details
Price
Change
Source
4/10/2026
Listed
$474,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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!
Full Property Details
Full Property Details for 505 Banyan Dr
General
- Price: $474,900
- Taxes: $6,444 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12601730
- Updated: 4/10/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, P
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Asphalt, Garage, Yes, Garage Owned, Attached, Detached
Location
- Area: Northbrook
- County: Cook
- Township: Northfield
- Driving Directions: Rt 68 & Landwehr N to Sorrel Dr E to home
School Information
- School District: 27
- Elem School District: 27
- Midd School District: 27
- High School District: 225
- Elementary School: Hickory Point Elementary School
- High School: Glenbrook North High School
- Private School: Glenbrook North High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick, Cedar
- Exterior Const.: Brick, Cedar
- Basement: Yes
- Basement Desc.: Finished, Partial
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 1,268
- Sq. Ft. Source: Estimated
- Year Built: 1961
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 133 x 77
- Lot Features: Corner Lot
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1961
- Tax Amount: $6,444
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 4053120220000
Listed by RE/MAX Suburban
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Schools
Schools serving 505 Banyan Dr
School Districts:Northbrook Elementary School District 27, Northfield Township High School District 225
| Name | Grades | Distance |
|---|---|---|
Hickory Point Elementary School 500 Laburnum Drive, Northbrook, IL 60062 | PK-2 | 0.2 mi |
Shabonee School 1000 Pfingsten Road, Northbrook, IL 60062 | 3-5 | 1 mi |
Wood Oaks Jr High School 1250 Sanders Road, Northbrook, IL 60062 | 6-8 | 1.3 mi |
Glenbrook North High School 2300 Shermer Road, Northbrook, IL 60062 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Banyan Dr
Tax History
Tax History for 505 Banyan Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,173
4%
$29,782
—
2022
$5,939
-3%
$29,782
9%
2021
$6,105
1%
$27,447
—
2020
$6,071
2%
$27,447
-9%
2019
$5,924
5%
$30,162
12%
2018
$5,664
3%
$26,935
—
2017
$5,519
3%
$26,935
—
2016
$5,369
-3%
$26,935
7%
2015
$5,526
2%
$25,264
—
2014
$5,406
3%
$25,264
—
2013
$5,239
-26%
$25,264
-33%
2012
$7,112
—
$37,667
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Banyan Dr
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- Single Family
- Active
- Updated 17 hours ago
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![[Address not provided], Hampshire, IL 60140 - Photo 1](https://m1.cbhomes.com/p/155/12602747/d4B8C6ba5439466/s23cc.webp)
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- Townhouse
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- Condo
- Active
- Updated 2 days ago
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- 2Total Baths
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- Condo
- Closed
- Updated 11 days ago
- 3Beds
- 3Total Baths
- 2,050Sq. Ft.
505 Banyan Drive, Northbrook, IL 60062 (MLS# 12601730) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 505 Banyan Drive is currently listed for $474,900 and was received on April 10, 2026. Want to learn more about 505 Banyan Drive? Do you have questions about finding other Single Family real estate for sale in Northbrook? You can browse all Northbrook real estate or contact a Coldwell Banker agent to request more information.