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Gurnee 60031 Stonebrook Estates
1161 Sumner Circle
$450,000
● House - Off Market

1161 Sumner Circle

Gurnee, IL 60031
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,993 Ft²
$3,125
Est. Monthly
$35
HOA / Fees
4.45%
Cap Rate

About This Property

STRIKING CURB APPEAL!!!  IMMACULATE 2 STORY WITH UPGRADES GALORE! GORGEOUS (EAT IN) NEW KITCHEN IN 2010-GRANITE COUNTERS, NEW APPLIANCES, MERILLAT CABINETS & SIDE LARGE PANTRY. SPACIOUS FRONT LIVING ROOM & FAMILY ROOM.  ELEGANT FORMAL DINING ROOM.  3 GOOD SIZED BEDROOMS UPSTAIRS PLUS SPACIOUS LOFT!!!  MASTER SUITE IS HUGE WITH PRIVATE BATH!  FULL BASEMENT IS FINISHED WITH REC ROOM AND EXERCISE AREA.  PLENTY OF STORAGE!   ATTACHED 2 CAR GARAGE.  PICTURESQUE FENCED-PROFESSIONALLY LANDSCAPED YARD!!!!  BEAUTIFUL SUN FILLED DECK (2024)WITH CONVENIENT AWNING.  NEW DRIVEWAY IN 2015.  NEW CLEANOUT AND DRAINTILE IN 2019.  NEW REFRIG IN 2022,  NEW SIDING(MAINTENANCE FREE!) IN 2013 & TRIPLE PANE WINDOWS ON FRONT AND SIDE OF HOME. NEW SUMP PUMP 2011 & NEW SWITCH ON EJECTOR PUMP.  NEW ROOF IN 2012 & NEW A/C.    MOVE IN READY!!
Unit Size
1,993 Ft²
Days on Market
-
Land Size
-
Price per sqft
$220
Property Type
House
Property Taxes
$933
HOA Dues
$35
Year Built
1993

Payment Calculator

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Cap Rate Calculator

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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 934
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 3
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,084
  • Total Building Area: 3,479
  • Gross Building Area: 3,479
  • Building Area: 2,125
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,125
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEBROOK ESTATES PHASE 1
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: STONEBROOK ESTATES PHASE 1; LOT 72

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861611

Geography

  • District: WARREN
  • Subdivision Phase Number: 1
  • Parcel: 07-17-402-018
  • Lot: 72
  • Municipality: TWP OF WARREN
  • Latitude: 42.3773
  • Longitude: -87.9702

    Address

  • Full Address: 1161 Sumner Cir
  • Address - House Number: 1161
  • Address - Street Name: Sumner
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Gurnee
  • Carrier Code: R014
  • 4-Digit Zip Code: 4022
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $902,944
  • Tax Rate Code Area: 8029

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 387,334
  • High Value: 453,389
  • Low Value: 321,279

    Market Valuation

  • Market Total Value: $347,050
  • Market Land Value: $53,171
  • Market Improvement Value: $293,879

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,672
  • Assessed Land Value: $17,722
  • Assessed Improvements Value: $97,950

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 25, 2010
  • Current Sale Recording Date: Mar 01, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 6578587
  • Previous Sale Recording Date: Nov 09, 2009
  • Previous Sale Contract Date: Oct 29, 2009
  • Previous Sale Document Type: 42
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Stonebrook Estates

Stats & Trends

Median Asking:

$672,500

Sale Price/ft²

$207

Above Asking

0.00%

Average Days on Market

40

Average Home Size

2223 ft²

Average Home Age

31.7 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 17867 W Braewick Road, Gurnee, IL, 60031

$2,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,430 ft²
17867 W Braewick Road, Gurnee, IL, 60031 Listing by Teresa Sabramowicz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brenda Newman-Lawler, RE/MAX Plaza
Data Source: MRED, MLS# MRD12380611
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1161 Sumner Circle built and last sold?
The property at 1161 Sumner Circle was built in 1993 and last sold on Jan 25, 2010 for $216,000.
How much is this home worth?
The estimated value of the home located at 1161 Sumner Circle is $444,368.
What are some comparable homes to 1161 Sumner Circle?
There are currently no comparable homes to 1161 Sumner Circle.
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