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Bolingbrook 60440
541 Cottonwood Circle
$302,500
● House - Off Market

541 Cottonwood Circle

Bolingbrook, IL 60440
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,671 Ft²
$343,332
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Multiple Offers Received.Totally updated 4 bedroom, 2 bath home with attached 2-car garage located on a quiet street. EVERYTHING in this home has been updated 2 years ago. The spectacular Gourmet Kitchen will be sure to please with its stunning quartz counters, over-sized center island with seating for 6, soft close shaker style cabinets, subway tile, and Frigidaire Gallery stainless steel appliances. With generous living space and stylish finishes, you'll enjoy a perfect open floor concept setting for relaxing and entertaining. The beautiful, private backyard is fenced-in (2020) and has a concrete patio for outdoor enjoyment. The 2-car garage has an epoxy finished floor and plenty of room for storage. New electrical panel.
Unit Size
1,671 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$180
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
1973

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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: 3 years ago (MRED MLS #11093654)

Price History

Date / Event Date Event Price
Aug 9, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by @properties $300,000
Listed by @properties
Sep 4, 2019 No longer available -
No longer available
Jun 15, 2019 Listed $264,900
Listed
The manager has listed the unit size as 1671 square feet.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,152
  • Total Building Area: 1,671
  • Building Area: 1,671
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,671
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN OAKS UNIT 6
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 59 BLOCK 23 IN INDIAN OAKS UNIT 6, BEING A SUB OF PRT OF THE E1/2 OF THE SE 1/4 OF SEC 9, T37N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880106

Geography

  • Parcel: 12-02-09-402-059
  • Block: 23
  • Lot: 59
  • Meridian: SEC 09 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.6986
  • Longitude: -88.0904

    Address

  • Full Address: 541 Cottonwood Cir
  • Legal Unit: 6
  • Address - House Number: 541
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: C017
  • 4-Digit Zip Code: 2678
  • Zip Code: 60440

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $694,386
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1592
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 320,613
  • High Value: 371,677
  • Low Value: 269,550

    Market Valuation

  • Market Total Value: $228,750
  • Market Land Value: $48,138
  • Market Improvement Value: $180,612

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,250
  • Assessed Land Value: $16,046
  • Assessed Improvements Value: $60,204

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021090512
  • Previous Sale Recording Date: Aug 08, 2019
  • Previous Sale Contract Date: Aug 01, 2019
  • Previous Sale Amount: $258,450
  • 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 Bolingbrook

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2075 ft²

Average Home Age

37.1 years

Currently For Sale

107 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 213 Campbell Drive, Bolingbrook, IL, 60440

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,130 ft²
213 Campbell Drive, Bolingbrook, IL, 60440 Listing by Shaik Ahmed

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Margaret Costello, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11093654
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 541 Cottonwood Circle built and last sold?
The property at 541 Cottonwood Circle was built in 1973 and last sold on Aug 1, 2021 for $302,500.
How much is this home worth?
The estimated value of the home located at 541 Cottonwood Circle is $0.
What are some comparable homes to 541 Cottonwood Circle?
There are currently no comparable homes to 541 Cottonwood Circle.
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