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Buffalo Grove 60089 Rolling Hills
1978 Sheridan Drive
$790,000
● House - Off Market

1978 Sheridan Drive

BUFFALO GROVE, IL 60089
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,900 Ft²
$1,416,114
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

ONE OF THE LARGEST HOMES IN ROLLING HILLS! ENJOY THE WONDERFUL LIGHT, HARDWD FLRS, UPDGRADED KITCHEN W/ISLAND, GRANITE & EXPANDED EATING AREA* BTLRS PANTRY*GREAT 2 STRY FAMILY ROOM W/WARM FRPLCE*LOFT OVERLOOKING FAM RM*MASTER SUITE W/HUGE WALK-IN CLST & HRDWD FLOORS*1ST FLR OFFICE*  BATH* REC ROOM* SHOWS LIKE A MODEL*CALL OFFICE FOR MORE DETAIL
Unit Size
3,900 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$212
Property Type
House
Property Taxes
$1,272
HOA Dues
-
Year Built
1996

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (MRED MLS #06441825)

Price History

Date / Event Date Event Price
Jun 14, 2007 Sold
Premium
Sold
Mar 15, 2007 Listed by Landstar Realty Group Inc. $824,999
Listed by Landstar Realty Group Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,140
  • Garage Type: 1
  • Garage Square Area: 641
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 6,757
  • Gross Building Area: 6,757
  • Building Area: 5,581
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 5,581
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING HILLS SUBDIVISON
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ROLLING HILLS SUBDIVISON; LOT 16

Neighborhood

  • School District Name: Kildeer Countryside Community Consolidated School District 96
  • Census Tract: 864517

Geography

  • District: VERNON
  • Parcel: 15-20-305-002
  • Lot: 16
  • Municipality: TWP OF VERNON
  • Latitude: 42.1891
  • Longitude: -87.9765

    Address

  • Full Address: 1978 Sheridan Rd
  • Address - House Number: 1978
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: R002
  • 4-Digit Zip Code: 8016
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,030,292
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 16136

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 810,977
  • High Value: 944,541
  • Low Value: 677,413

    Market Valuation

  • Market Total Value: $660,138
  • Market Land Value: $132,163
  • Market Improvement Value: $527,975

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,024
  • Assessed Land Value: $44,050
  • Assessed Improvements Value: $175,974

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2013
  • Current Sale Recording Date: Mar 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 6972096
  • Previous Sale Recording Date: Nov 29, 2012
  • Previous Sale Contract Date: Nov 19, 2012
  • Previous Sale Document Type: 64

    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 Rolling Hills

Stats & Trends

Median Asking:

$925,000

Sale Price/ft²

$284

Above Asking

0.00%

Average Days on Market

46

Average Home Size

3665 ft²

Average Home Age

29 years

Currently For Sale

1 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 254 Taylor Court, Buffalo Grove, IL, 60089

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,900 ft²
254 Taylor Court, Buffalo Grove, IL, 60089 Listing by Rumyana Velinova
Unit for rent at 750 Dunhill Drive, Buffalo Grove, IL, 60089

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,518 ft²
750 Dunhill Drive, Buffalo Grove, IL, 60089 Listing by Vijay Ghuge

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Landstar Realty Group Inc.
Last Updated: 2 years ago
Data Source: MRED, MLS# 06441825
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 1978 Sheridan Road built and last sold?
The property at 1978 Sheridan Road was built in 1996 and last sold on Feb 22, 2013 for $530,000.
How much is this home worth?
The estimated value of the home located at 1978 Sheridan Road is $843,981.
What are some comparable homes to 1978 Sheridan Road?
There are currently no comparable homes to 1978 Sheridan Road.
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