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Sugar Grove 60554
1442 Cornell Circle
$455,000
● House - Off Market

1442 Cornell Circle

Sugar Grove, IL 60554
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$3,291
Est. Monthly
$78
HOA / Fees
5.91%
Cap Rate

About This Property

SPRING IN SUGAR GROVE! AMAZING SETTLERS RIDGE BEAUTY FEATURING FAMILY-FRIENDLY OPEN LAYOUT AND ACROSS FROM THE PARK! BIG FRONT PORCH WELCOMES YOU IN - SUNFILLED KITCHEN WITH GRANITE COUNTERS, CENTER ISLAND, HIGH END SS APPLIANCE PACKAGE, CUSTOM TILE BACKSPLASH AND 42" CABINETRY * LOVELY BUTLERS PANTRY INTO FORMAL DINING ROOM * SPACIOUS FAMILY ROOM WITH STONE FIREPLACE * FORMAL LIVING ROOM ALL WITH  9 FT CEILINGS AND HARDWOOD FLOORS THROUGHOUT * UPSTAIRS DOUBLE-DOOR ENTRY PRIMARY SUITE WITH LUXURY PRIVATE BATH  3 ADDITIONAL LARGE BEDROOMS AND FULL HALL BATH * FANTASTIC FULL BASEMENT READY FOR YOUR DESIGN IDEAS * BRAND NEW HVAC 2024 WITH TRANFERRABLE WARRANTY * 3 CAR GARAGE AND ALL SITUATED ON GREAT LOT IN SETTLERS RIDGE FEATURING WALKING PATHS, PARKS AND ACCESS TO I88 AND SHOPPING WITHIN MINUTES! SEE THIS ONE TODAY!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$195
Property Type
House
Property Taxes
$819
HOA Dues
$78
Year Built
2006

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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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,280
  • Garage Type: 1
  • Garage Square Area: 736
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,775
  • Total Building Area: 4,512
  • Gross Building Area: 4,512
  • Building Area: 2,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,496
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SETTLERS RIDGE
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: SETTLERS RIDGE UNIT 1A LT 2

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 854509

Geography

  • Parcel: 14-23-128-004
  • Lot: 2
  • Municipality: SUGAR GROVE
  • Latitude: 41.7651
  • Longitude: -88.4087

    Address

  • Full Address: 1442 Cornell Cir
  • Legal Unit: 1A
  • Address - House Number: 1442
  • Address - Street Name: Cornell
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Sugar Grove
  • Carrier Code: R045
  • 4-Digit Zip Code: 9203
  • Zip Code: 60554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $946,592
  • Tax Rate Code Area: SG071

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 420,432
  • High Value: 478,832
  • Low Value: 362,033

    Market Valuation

  • Market Total Value: $319,352
  • Market Land Value: $64,052
  • Market Improvement Value: $255,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,408
  • Assessed Land Value: $21,342
  • Assessed Improvements Value: $85,066

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K068421
  • Previous Sale Recording Date: Oct 23, 2017
  • Previous Sale Contract Date: Oct 13, 2017
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Sugar Grove

Stats & Trends

Median Asking:

$480,000

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2609 ft²

Average Home Age

27.9 years

Currently For Sale

21 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

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MRED

Listed by: Melissa Garcia, Legacy Properties
Data Source: MRED, MLS# MRD12343825
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 1442 Cornell Circle built and last sold?
The property at 1442 Cornell Circle was built in 2006 and last sold on Aug 25, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 1442 Cornell Circle is $490,764.
What are some comparable homes to 1442 Cornell Circle?
There are currently no comparable homes to 1442 Cornell Circle.
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