When was property at 480 Cornell Avenue built and last sold?

The property at 480 Cornell Avenue was built in 1955 and last sold on May 17, 2021 for $385,000.

How much is this home worth?

The estimated value of the home located at 480 Cornell Avenue is $0.

What are some comparable homes to 480 Cornell Avenue?

There are currently no comparable homes to 480 Cornell Avenue.

Des Plaines

60016

480 Cornell Avenue

$320,000

● House - Off Market

480 Cornell Avenue

DES PLAINES, IL 60016

3 Beds

2 Baths

1,300 Ft²

$535,360

RealtyHop Estimate

64.78%

Since Apr 1, 2017

National-US

Primary Model

About This Property

UPDATED BRICK RANCH IN THE HIGHLY DESIRABLE "CUMBERLAND" NEIGHBORHOOD!! SO CONVENIENTLY LOCATED & ONLY 2-4 BLOCKS TO METRA STATION/2 SCHOOLS/PARKS/SHOPPING/WATER PARK/YMCA/OUTDOOR ICE-SKATING RINK & 1 MILE FROM THE SOON-TO-OPEN NEW "MARIANO'S" GROCERY STORE IN DES PLAINES. THIS PAMPERED HOME OFFERS A REMODELED EAT-IN KITCHEN W/QUARTZ COUNTER-TOPS/MAPLE CABINETRY & SS APPLS,HARDWOOD FLOORS,STONE FIREPLACE,FINISHED BASEMENT INCLUDES A SPACIOUS RECREATION ROOM & 2ND FULL BATH,ATTACHED HEATED GARAGE,LARGE FENCED BACK YARD WITH NEWER CONCRETE PATIO & STORAGE SHED,NEWER WATER HEATER,SECURITY SYSTEM,"SMART" THERMOSTAT & "SMART" RECESSED LIGHTING,NEWLY PAVED STREET WITH NEW WATER MAINS(LANDSCAPING TO BE COMPLETED BY CITY WEATHER PERMITTING). ****FHA DOWN PAYMENT ONLY $11,372****

Unit Size

1,300 Ft²

Days on Market

Land Size

Price per sqft

$250

Property Type

House

Property Taxes

$526

HOA Dues

Year Built

1955

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #09501076)

Price History

Date / Event	Date	Event
Mar 10, 2017	Sold	Premium
Sold
Feb 10, 2017	Listed by Coldwell Banker Residential Brokerage	$324,900
Listed by Coldwell Banker Residential Brokerage

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 1955
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 3
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,875

Lot Size Depth Feet: 1,420
Lot Size Frontage Feet: 600
Total Building Area: 1,297
Gross Building Area: 1,297
Building Area: 1,297
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 1,297
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: CUMBERLAND PARK
Land Acres: 0000000204
Standard Land Use Code: 1001
County Land Use Code: 2-03

Neighborhood

School District Name: Des Plaines Community Consolidated School District 62

Census Tract: 806103

Geography

District: 22

Parcel: 09-07-105-032-0000
Block: 4
Lot: 3
Meridian: SEC 07 TWN 41N RNG 12E
Municipality: MAINE
Latitude: 42.0613
Longitude: -87.9142

Address

Full Address: 480 Cornell Ave

Address - House Number: 480
Address - Street Name: Cornell
Address - Suffix Type: Ave
State: IL
City Name: Des Plaines
Carrier Code: C022
4-Digit Zip Code: 2012
Zip Code: 60016

Valuation

Tax

Tax Year: 2022

Tax Amount: $797,652
Tax Rate Code Area: 22028

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 367,656
High Value: 451,606
Low Value: 283,705

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $310,000

Market Land Value: $75,440
Market Improvement Value: $234,560

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $31,000
Assessed Land Value: $7,544
Assessed Improvements Value: $23,456

Sales

Current Sale Contract Date: May 17, 2021

Current Sale Recording Date: Jul 06, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2118725280
Previous Sale Recording Date: Mar 23, 2017
Previous Sale Contract Date: Mar 03, 2017
Previous Sale Amount: $320,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: FIX

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1727 ft²

Average Home Age

52.2 years

Currently For Sale

104 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 11 W Prospect Avenue, Mount Prospect, IL, 60056

$3,180 /mo

2 Beds
1 Bath
968 ft²

11 W Prospect Avenue #320, Mount Prospect, IL, 60056 Listing by Lauren Evett

Unit for rent at 828 Center Street, Des Plaines, IL, 60016

$3,200 /mo

2 Beds
2 Baths
1,753 ft²

828 Center Street, Des Plaines, IL, 60016 Listing by Rachna Jain

Unit for rent at 750 Pearson Street, Des Plaines, IL, 60016

$3,000 /mo

2 Beds
2 Baths
1,850 ft²

750 Pearson Street #703, Des Plaines, IL, 60016 Listing by Jeffrey Sklar

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: , Coldwell Banker Residential Brokerage
Last Updated: 3 years ago
Data Source: MRED, MLS# 09501076

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.

480 Cornell Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Des Plaines

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions