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Spring Grove 60081 Thornhill Estates
3407 Cardinal Lane
$525,000
● House - Off Market

3407 Cardinal Lane

SPRING GROVE, IL 60081
bedrooms
4 Beds
bathrooms
3 Baths
$1,039,916
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Nestled deep in a neighborhood of exceptional presence, the uncommon peace and beauty of this location will charm you.  Nearly three acres of natural privacy.  Open, expansive floorplan flows between two levels.  The rolling topography creates ground level access on each floor.  Three sided open fireplaces grace every living area.  The Kitchen is a dream come true with enough room for the largest party. So much more.
Unit Size
-
Days on Market
-
Land Size
2.80 acres
Price per sqft
-
Property Type
House
Property Taxes
$861
HOA Dues
$13
Year Built
2001

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,933
  • Garage Type: 1
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 123,275
  • Total Building Area: 4,249
  • Building Area: 2,316
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,316
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE PRESERVE UNIT 1
  • Land Acres: 0000002830
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2008R0041675 LT 29 THE PRESERVE UNIT 1

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870104

Geography

  • Parcel: 04-11-202-005
  • Lot: 29
  • Municipality: RICHMOND TWP
  • Latitude: 42.4847
  • Longitude: -88.264

    Address

  • Full Address: 3407 Cardinal Ln
  • Legal Unit: 1
  • Address - House Number: 3407
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Spring Grove
  • Carrier Code: R006
  • 4-Digit Zip Code: 9268
  • Zip Code: 60081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,039,726
  • Tax Rate Code Area: 04010

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 579,179
  • High Value: 635,507
  • Low Value: 522,851

    Market Valuation

  • Market Total Value: $393,123
  • Market Land Value: $114,246
  • Market Improvement Value: $278,877

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $131,041
  • Assessed Land Value: $38,082
  • Assessed Improvements Value: $92,959

    Sales

  • Current Sale Contract Date: Jul 05, 2008
  • Current Sale Recording Date: Jul 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008R0041675
  • Previous Sale Recording Date: Nov 27, 2001
  • Previous Sale Contract Date: Nov 20, 2001
  • Previous Sale Amount: $382,565
  • Previous Sale Document Type: 27
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 Thornhill Estates

Stats & Trends

Median Asking:

$624,000

Sale Price/ft²

$227

Above Asking

0.00%

Average Days on Market

52

Average Home Size

4954 ft²

Average Home Age

23 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

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MRED

Listed by: Elise Livingston, CRS,GRI, RE/MAX Plaza
Data Source: MRED, MLS# MRD06854824
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 3407 Cardinal Lane built and last sold?
The property at 3407 Cardinal Lane was built in 2001 and last sold on Jul 5, 2008 for $525,000.
How much is this home worth?
The estimated value of the home located at 3407 Cardinal Lane is $580,750.
What are some comparable homes to 3407 Cardinal Lane?
There are currently no comparable homes to 3407 Cardinal Lane.
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