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Hoffman Estates 60192
1000 W Firestone Drive
$400,000
● House - Off Market

1000 W Firestone Drive

Hoffman Estates, IL 60192
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,830 Ft²
$450,877
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This incredible ranch is now available in Winston Knolls. Once you enter, you'll see the open floor plan and glistening hardwood floors. The family room offers a fireplace and bar area and opens to the sun room. The kitchen was recently remodeled. The owner's suite boasts a nice ensuite bath and custom closets. Bedroom 2 & 3 are size as well. The third bedroom features built in cubbies perfect for a office. The backyard offers a large deck with built-in seating and an absolutely gorgeous backyard with plenty of perennials. The 2 car garage is attached. Nothing to do but move right in.
Unit Size
1,830 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$232
Property Type
House
Property Taxes
$653
HOA Dues
-
Year Built
1971

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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 #11649937)

Price History

Date / Event Date Event Price
Dec 15, 2022 Sold
Premium
Sold
Oct 19, 2022 Listed by Compass $425,000
Listed by Compass

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,240
  • Total Building Area: 1,830
  • Gross Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINSTON KNOLLS UNIT2
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (WINSTON)(KNOLLS)(UNIT2) SUB OF PTS SEC. 19,29-30 & SEC 20-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804105

Geography

  • District: 29
  • Parcel: 02-19-418-027-0000
  • Block: 2
  • Lot: 14
  • Meridian: SEC 20 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0996
  • Longitude: -88.1051

    Address

  • Full Address: 1000 W Firestone Dr
  • Legal Unit: 2
  • Address - House Number: 1000
  • Street Direction: W
  • Address - Street Name: Firestone
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C034
  • 4-Digit Zip Code: 1708
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $854,685
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 435,164
  • High Value: 529,862
  • Low Value: 340,467

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $83,160
  • Market Improvement Value: $266,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $8,316
  • Assessed Improvements Value: $26,684

    Sales

  • Current Sale Contract Date: Dec 06, 2022
  • Current Sale Recording Date: Dec 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13483
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 Hoffman Estates

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1593 ft²

Average Home Age

43.7 years

Currently For Sale

76 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 1589 Bicek Drive, Hoffman Estates, IL, 60192

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
1589 Bicek Drive, Hoffman Estates, IL, 60192 Listing by Simon Liang

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kim Alden, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11649937
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 1000 West Firestone Drive built and last sold?
The property at 1000 West Firestone Drive was built in 1971 and last sold on Dec 6, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 1000 West Firestone Drive is $0.
What are some comparable homes to 1000 West Firestone Drive?
There are currently no comparable homes to 1000 West Firestone Drive.
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