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Hoffman Estates 60169
1180 John Drive
$353,500
● House - Off Market

1180 John Drive

Hoffman Estates, IL 60169
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,385 Ft²
$419,910
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

SPACIOUS 4-BEDROOM, 2.5 BATHROOM, 2-STORY BRICK/SIDING HOME SET ON A CORNER LOT. ENJOYS AN ABUNDANCE OF NATURAL LIGHT. DRAMATIC 2-STORY ENTRY FOYER WITH CUSTOM DESIGNED STAIRCASE. TONS OF STORAGE SPACE WITH AN OVERSIZED 2-CAR GARAGE. NEW DISHWASHER AND GARAGE DOOR OPENER. PROFESSIONALLY LANDSCAPED. BRING YOUR CREATIVE SIDE AS HOME NEEDS SOME T.L.C. MAKE IT TOTALLY YOUR OWN ! INCREDIBLE LOCATION WITH SCHOOLS, PARKS, SHOPPING, RESTAURANTS, AND ENTERTAINMENT NEARBY. EASY ACCESS TO MAJOR HIGHWAYS AND PUBLIC TRANSPORTATION.
Unit Size
2,385 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$155
Property Type
House
Property Taxes
$756
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11141483)

Price History

Date / Event Date Event Price
Sep 7, 2021 Sold
Premium
Sold
Jul 1, 2021 Listed by Coldwell Banker Realty $369,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • 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: 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: 8,277
  • Total Building Area: 2,385
  • Gross Building Area: 2,385
  • Building Area: 2,385
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,385
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN HILLS UNIT1
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (HOFFMAN)(HILLS)(UNIT1) BEING SUB OF PT OF NW SEC16 & PT OF NE SEC17 IN VIL OF HOFFMAN ESTATES NW SEC 16-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804716

Geography

  • District: 35
  • Parcel: 07-16-100-003-0000
  • Block: 8
  • Lot: 1
  • Meridian: SEC 16 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0457
  • Longitude: -88.1082

    Address

  • Full Address: 1180 John Dr
  • Legal Unit: 1
  • Address - House Number: 1180
  • Address - Street Name: John
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C070
  • 4-Digit Zip Code: 2365
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,069,160
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 439,410
  • High Value: 538,403
  • Low Value: 340,418

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $82,770
  • Market Improvement Value: $277,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $8,277
  • Assessed Improvements Value: $27,723

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2127040107
  • Previous Sale Recording Date: Jul 26, 1995
  • Previous Sale Contract Date: Jul 17, 1995
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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:

$414,900

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1587 ft²

Average Home Age

45.9 years

Currently For Sale

73 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 508 Bristol Lane, Schaumburg, IL, 60194

$3,450 /mo

  • 4 Beds
  • 1 Bath
  • 1,140 ft²
508 Bristol Lane, Schaumburg, IL, 60194 Listing by Omar Adil
Unit for rent at 2010 Carleton Road, Hoffman Estates, IL, 60169

$3,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,644 ft²
2010 Carleton Road, Hoffman Estates, IL, 60169 Listing by Judi Rentas

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bruce Marsden, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11141483
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 1180 John Drive built and last sold?
The property at 1180 John Drive was built in 1983 and last sold on Sep 3, 2021 for $353,500.
How much is this home worth?
The estimated value of the home located at 1180 John Drive is $0.
What are some comparable homes to 1180 John Drive?
There are currently no comparable homes to 1180 John Drive.
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