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361 Cornell Ln, Elgin, IL, 60123

$325,000

Home List Price

$3,859*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,428 SqFt
$228/SqFt
House

Location

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361 Cornell Ln, Elgin$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1974
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #12196396
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Contingent)

About 361 Cornell Ln

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1974
  • Living Area: 1,428 SqFt

Listing Office:

  • Office Name: Inspire Realty Group LLC
  • Office Phone: (847) 489-3476
  • Listing Agent: Ali Isunza

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Trees, Outdoor Lighting
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Randall Rd to South St. to Gale St to Cornell Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $228/SqFt

Tax Information:

  • Annual Amount: $5,047
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elgin, IL.

Med. Sold Price

$329.9K

Med. Price/SqFt

$187

Avg. Days On Market

22

# of Sold Homes

96

361 Cornell Ln vs Elgin

54 DAYS ON ROCKET

+32 Days

$325,000

-$4.9K Less

$228/SqFt

+$41 More

KEY TAKEAWAY

This property is $4.9K less than the Median Sold Price and $41/SqFt more than other homes in Elgin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12196396

Listing Office:

  • Office Name: Inspire Realty Group LLC
  • Office Phone: (847) 489-3476
  • Listing Agent: Ali Isunza

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 2:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 23, 2011Home Sold
$98,000
Sep 13, 2005Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,047$61,340
2019$4,642$58,430
2018$4,532$52,962
2017$4,533$50,068

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-990140
3
/10
  • Hillcrest Elementary School

  • 80 N Airlite St

  • 0.86 miles

  • Public District Grades KG-6

school-card-donut-990141
4
/10
  • Harriet Gifford Elementary School

  • 240 S Clifton Ave

  • 0.98 miles

  • Public District Grades KG-6

school-card-donut-990142
3
/10
  • Highland Elementary School

  • 190 N Melrose Ave

  • 1.46 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,516. The majority of Elgin, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Elgin, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Elgin, IL?

Elgin offers a diverse housing market with a blend of historical and contemporary architectural styles. The housing landscape features a selection of single-family homes, which are prevalent, alongside a mix of apartments and townhouses that cater to various preferences. The architectural styles range from Victorian and Colonial to modern constructions, with a significant portion of homes built in the late 20th century. The homeownership rate in Elgin is robust, with a substantial majority of residents owning their homes, while a smaller percentage are renters.

Is Elgin, IL a good place to live?

Elgin is celebrated for its rich cultural heritage and community spirit. The city prides itself on its vibrant downtown area, which serves as a hub for local events and festivals that reflect the community's diverse cultural identity. The presence of historical buildings and landmarks contributes to the unique character of Elgin, offering residents and visitors a glimpse into the city's storied past.

Are things conveniently located in Elgin, IL?

The community benefits from a solid educational system, with numerous public and private schools providing a range of educational opportunities. Elgin is home to several healthcare facilities, offering services that include urgent care, primary care, and specialized medical treatments. The city also features a network of public libraries and a variety of retail and dining options that showcase the local culture. City initiatives are in place to continually improve services to meet the evolving needs of Elgin's diverse population.

What does the transportation in Elgin, IL look like?

Elgin's transport infrastructure includes a variety of options for both private and public transit. The city's road network facilitates easy commuting and travel, with access to major highways. Public transportation services are available, with schedules designed to accommodate the needs of residents. The community also features areas with high walkability, and there are initiatives to enhance bikeability across the city. Ride-sharing services are present, providing additional transportation options for the community.

Frequently Asked Questions About 361 Cornell Ln

What is the listing price of this property?

The listing price of 361 Cornell Ln property is $325,000.

What type of property is this?

The property 361 Cornell Ln is a house located in Elgin, Illinois, 60123.

Is this property for sale now?

Accepting Backup Offers: 361 Cornell Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,047 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 23, 2011 for $98,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 361 Cornell Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 361 Cornell Ln is 1,428 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 361 Cornell Ln is 1974.

Rocket HomesIllinoisKane CountyElgin60123361 Cornell Ln

This home is located at 361 Cornell Ln in Elgin, IL and zip code 60123. This 1,428 square foot home, which was built in 1974, sits on a 0.18 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $325,000.

In November 2024, from all listings sold in Elgin, IL there were more than 35 sold above asking price, over 38 sold below and more than 23 were sold right at the asked price. Between October 2024 and November 2024, Elgin, IL real estate market has seen increase in the number of listings by 1.6%. In November 2024 median list price was $329,950 and the average listing age was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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