See Home Value
$300,000
● House - Off Market

361 Cornell Lane

Elgin, IL 60123
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,428 Ft²
$2,075
Est. Monthly
10.79%
Cap Rate

About This Property

Charming cape cod Home Awaits You!    Welcome to the beautiful College Park neighborhood on the west side of Elgin! If you've been searching for a perfect spacious home that allows you to entertain with ease, your search ends here. This stunning property features 4 bedrooms, 2.5 bathrooms, and an optional 5th bedroom in a fully finished basement with a wet bar!!!    Step inside to find two inviting bedrooms on the main level, accompanied by a full hall bathroom, making it ideal for families or guests. Upstairs, you'll discover two spacious bedrooms with a shared finished bathroom, providing comfort and privacy for everyone.    Pet owners will love the fully fenced backyard, offering a safe space for your furry friends to play and explore. Plus, the attached 2-car garage adds convenience to your everyday life. Enjoy nearby amenities, including Elgin Marcus Theater, Target, Old Republic, and various shopping centers-all just minutes away. Commuting is a breeze with quick access to the Metra train station.    For outdoor enthusiasts, the scenic College Park path is just down the street, featuring beautiful views of nature and Elgin Community College.    Don't miss out on this incredible opportunity! Schedule your showing today and make this charming College Park home your own!
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$228
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1975

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Last updated: 2 years ago (MRED MLS #12196396)

Price History

Date / Event Date Event Price
Jan 8, 2025 Sold
Sold
Nov 26, 2024 In contract -
In contract
Oct 28, 2024 Listed by Inspire Realty Group LLC $325,000
Listed by Inspire Realty Group LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 500
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 952
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,380
  • Gross Building Area: 2,380
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE PARK
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: COLLEGE PARK UNIT 4 LOT 147

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851908

Geography

  • Parcel: 06-21-258-060
  • Lot: 147
  • Municipality: ELGIN
  • Latitude: 42.0233
  • Longitude: -88.3283

    Address

  • Full Address: 361 Cornell Ln
  • Legal Unit: 4
  • Address - House Number: 361
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elgin
  • Carrier Code: C053
  • 4-Digit Zip Code: 6909
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $543,906
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 281,497
  • High Value: 320,598
  • Low Value: 242,396

    Market Valuation

  • Market Total Value: $206,261
  • Market Land Value: $50,042
  • Market Improvement Value: $156,218

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,726
  • Assessed Land Value: $16,674
  • Assessed Improvements Value: $52,052

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2011
  • Current Sale Recording Date: Nov 23, 2011
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2011K071041
  • Previous Sale Recording Date: Sep 13, 2005
  • Previous Sale Contract Date: Aug 31, 2005
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Southwest Elgin


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Frequently Asked Questions

When was property at 361 Cornell Lane built and last sold?
The property at 361 Cornell Lane was built in 1975 and last sold on Oct 20, 2011 for $98,000.
How much is this home worth?
The estimated value of the home located at 361 Cornell Lane is $0.
What are some comparable homes to 361 Cornell Lane?
There are currently no comparable homes to 361 Cornell Lane.