When was property at 1240 Glen Lane built and last sold?

The property at 1240 Glen Lane was built in 1967 and last sold on Jan 15, 2024 for $387,000.

How much is this home worth?

The estimated value of the home located at 1240 Glen Lane is $0.

What are some comparable homes to 1240 Glen Lane?

There are currently no comparable homes to 1240 Glen Lane.

Hoffman Estates

60169

1240 Glen Lane

$330,000

● House - Off Market

1240 Glen Lane

Hoffman Estates, IL 60169

4 Beds

2 Baths

2,038 Ft²

$302,225

RealtyHop Estimate

0.78%

Since Jun 1, 2023

National-US

Primary Model

About This Property

Multiple offers received. Highest & Best Sat 5/13 by 5 PM. Although this home needs updating, The furnace, air conditioner and water heater are newer as are the appliances. The home is about 2000 square feet with a balance in the room sizes and closet space. Windows had been replaced, but several will need the thermopane glass panels replaced which is much less expensive than replacing the entire window. lower level features a good size bedroom, full bath and large family room. There is a patio outside the family room and a deck off the living room.

Unit Size

2,038 Ft²

Days on Market

Land Size

0.20 acres

Price per sqft

$147

Property Type

House

Property Taxes

$724

HOA Dues

Year Built

1967

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11780536)

Price History

Date / Event	Date	Event
May 31, 2023	Sold	Premium
Sold
May 11, 2023	Listed by RE/MAX Suburban	$299,900
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1967

Effective Year Built: 1967
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
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
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: 8,640

Total Building Area: 1,257
Gross Building Area: 1,257
Building Area: 1,257
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 1,257
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HIGHLANDS WEST AT HOFFMAN ESTATES XXII
Land Acres: 0000000198
Standard Land Use Code: 1001
County Land Use Code: 2-34
Legal Description 1: (HIGHLANDS) WEST AT (HOFFMAN) ESTATES (XXII) SUB OF P T SEC 8 & PT SEC 9 SEC 08-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804706

Geography

District: 35

Parcel: 07-08-206-004-0000
Block: 201
Lot: 4
Meridian: SEC 08 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0564
Longitude: -88.11

Address

Full Address: 1240 Glen Ln

Address - House Number: 1240
Address - Street Name: Glen
Address - Suffix Type: Ln
State: IL
City Name: Hoffman Estates
Carrier Code: C070
4-Digit Zip Code: 4020
Zip Code: 60169

Valuation

Tax

Tax Year: 2022

Tax Amount: $920,670
Tax Rate Code Area: 35013

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 386,879
High Value: 425,995
Low Value: 347,762

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $310,000

Market Land Value: $64,800
Market Improvement Value: $245,200

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $31,000
Assessed Land Value: $6,480
Assessed Improvements Value: $24,520

Sales

Current Sale Contract Date: Jan 15, 2024

Current Sale Recording Date: Feb 05, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 33295
Previous Sale Recording Date: Jun 07, 2023
Previous Sale Contract Date: May 26, 2023
Previous Sale Amount: $330,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Hoffman Estates

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

Average Home Size

1605 ft²

Average Home Age

46.3 years

Currently For Sale

75 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 840 Heather Lane, Hoffman Estates, IL, 60169

$3,250 /mo

4 Beds
2 Baths
1,952 ft²

840 Heather Lane, Hoffman Estates, IL, 60169 Listing by Michael Rein

Unit for rent at 601 Willington Drive, Schaumburg, IL, 60194

$3,300 /mo

3 Beds
2 Baths
1,932 ft²

601 Willington Drive, Schaumburg, IL, 60194 Listing by Sohail Salahuddin

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Anna Pazitny, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11780536

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.

1240 Glen Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Hoffman Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions