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Buffalo Grove 60089 Highland Grove
2 Cobblestone Court
$510,000
● House - Off Market

2 Cobblestone Court

Buffalo Grove, IL 60089
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,549 Ft²
$3,485
Est. Monthly
6.74%
Cap Rate

About This Property

Let the Sunshine in to this East facing home on Cul-de-Sac in sought after School Districts 102 and Stevenson High School. Enter the foyer to enjoy the open floor plan with maintenance free flooring throughout.  Light, white kitchen with views of the lush landscaped backyard. Large dining room and living room with custom blinds. Romantic master suite includes dual vanities and super walk-in shower. New white vanity in hall bathroom for bedrooms to share. Lower level includes awesome family room with sliders to amazing yard. Bedroom 4 is perfect for guest room, den/office or workout room. Laundry room with loads of storage leads to attached 2 car garage. Furnace-2 yrs, CAC 4 yrs,   Roof-10 yrs, Windows-Newer also.  You will love this home!
Unit Size
1,549 Ft²
Days on Market
-
Land Size
-
Price per sqft
$336
Property Type
House
Property Taxes
$931
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 years ago (MRED MLS #12074422)

Price History

Date / Event Date Event Price
Jul 30, 2024 Sold
Premium
Sold
Jun 25, 2024 In contract -
In contract
Jun 19, 2024 Price Decreased $519,999
↓ $29K (5.3%)
Price Decreased
Jun 7, 2024 Listed by Compass $549,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,607
  • Total Building Area: 2,009
  • Gross Building Area: 2,009
  • Building Area: 1,549
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,549
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND GROVE UNIT NO.3
  • Land Acres: 0000000244
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HIGHLAND GROVE UNIT NO.3; LOT 26 BLOCK 21

Neighborhood

  • School District Name: Adlai E. Stevenson High School District 125
  • Census Tract: 864519

Geography

  • District: VERNON
  • Parcel: 15-33-213-012
  • Block: 21
  • Lot: 26
  • Municipality: TWP OF VERNON
  • Latitude: 42.163
  • Longitude: -87.9536

    Address

  • Full Address: 2 Cobblestone Ct
  • Legal Unit: 3
  • Address - House Number: 2
  • Address - Street Name: Cobblestone
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C035
  • 4-Digit Zip Code: 1507
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,117,110
  • Tax Rate Code Area: 16092

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 490,667
  • High Value: 572,147
  • Low Value: 409,186

    Market Valuation

  • Market Total Value: $387,846
  • Market Land Value: $98,497
  • Market Improvement Value: $289,349

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,269
  • Assessed Land Value: $32,829
  • Assessed Improvements Value: $96,440

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2013
  • Current Sale Recording Date: Jun 25, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7006717
  • Previous Sale Recording Date: Jun 23, 2005
  • Previous Sale Contract Date: May 19, 2005
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Highland Grove

Stats & Trends

Median Asking:

$652,400

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

31

Average Home Size

2652 ft²

Average Home Age

42.8 years

Currently For Sale

4 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 250 Mchenry Road, IL, 60089

$4,088 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
250 Mchenry Road #C1, IL, 60089 Listing by Sherry Mustafov
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: Andee Hausman, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 12074422
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 2 Cobblestone Court built and last sold?
The property at 2 Cobblestone Court was built in 1979 and last sold on Jun 12, 2013 for $357,000.
How much is this home worth?
The estimated value of the home located at 2 Cobblestone Court is $516,257.
What are some comparable homes to 2 Cobblestone Court?
There are currently no comparable homes to 2 Cobblestone Court.
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