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Hoffman Estates 60192
Undisclosed Address
$356,500
● House - Off Market

Undisclosed Address

HOFFMAN ESTATES, IL 60192
bedrooms
4 Beds
bathrooms
2 Baths
$719,351
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

EXCEPTIONAL HOME! GORGEOUS LUSH PICTURESQUE YARD! PRIVATE, PEACEFUL & SERENE! DRAMATIC OPEN FLR PLN! THIS HOME SHOWS BEAUTIFULLY! LOVINGLY MAINTAINED! LR & DR W/VLTD CLNGS! PATIO DRS LEAD TO EXPANSIVE DECK W/VIEW OF YARD! SPECTACULAR UPDTD EAT-IN KIT W/CORIAN CNTRS & BAY WNDW! UPDTD BATHS! ENORMOUS FR W/BAR AREA! HUGE BONUS RM W/5TH BR/OFC POSSIBLE! UPDTD MARVIN WNDWS! SKYLIGHT! 6-PNL OAK DRS & TRIM! VERY SPECIAL!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1978

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,696
  • Total Building Area: 1,330
  • Gross Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTBURY UNIT3
  • Land Acres: 0000000269
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (WESTBURY) (UNIT3) RESUB OF PT HOWIE IN THE HILLS UNI T3 & UNIT4 SUB IN SE SEC 19-42-10

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-19-418-044-0000
  • Block: 9
  • Lot: 4
  • Meridian: SEC 19 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1
  • Longitude: -88.1054

    Address

  • Full Address: 1035 Freeman Rd
  • Legal Unit: 3
  • Address - House Number: 1035
  • Address - Street Name: Freeman
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C034
  • 4-Digit Zip Code: 1723
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $906,099
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 436,967
  • High Value: 532,603
  • Low Value: 341,331

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $105,260
  • Market Improvement Value: $234,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $10,526
  • Assessed Improvements Value: $23,474

    Sales

  • Current Sale Contract Date: Aug 27, 2008
  • Current Sale Recording Date: Sep 17, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0826104140
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:

$409,900

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1628 ft²

Average Home Age

44.5 years

Currently For Sale

77 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 2635 Lohan Way, Hoffman Estates, IL, 60192

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,980 ft²
2635 Lohan Way #1, Hoffman Estates, IL, 60192 Listing by Mitchell Cohen
Unit for rent at 4716 Amber Circle, Hoffman Estates, IL, 60192

$2,900 /mo

  • 2 Beds
  • 2 Baths
4716 Amber Circle, Hoffman Estates, IL, 60192 Listing by Lisa Ogawa

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Terri Hunt, CSC, RE/MAX Suburban
Data Source: MRED, MLS# MRD06916483
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 1035 Freeman Road built and last sold?
The property at 1035 Freeman Road was built in 1978 and last sold on Aug 27, 2008 for $356,500.
How much is this home worth?
The estimated value of the home located at 1035 Freeman Road is $378,649.
What are some comparable homes to 1035 Freeman Road?
There are currently no comparable homes to 1035 Freeman Road.
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