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Hoffman Estates 60169
1285 Campbell Lane
$350,000
● House - Off Market

1285 Campbell Lane

Hoffman Estates, IL 60169
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,681 Ft²
$389,496
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Welcome to this remarkable find! Charming 4 bed 2.5 bath ranch. Location location location! This is what you've been waiting for! Newly remodeled. New kitchen with quartz countertops & stainless steel appliances. Updated bathrooms and brand new 1/2 bath. New flooring throughout. All one level, open floor plan.  Very convenient living. Spacious, private backyard ready for your touches. Highly sought after quiet Hoffman Estates neighborhood. This home is within walking distance to schools! Close to shopping and highways.  PLEASE NOTE: Stove is on it's way! Supply chain slow down. Should be delivered and installed close to Oct. 11, 2021.  No need to wait! Make an appt for a showing today and spend the holidays in YOUR new HOME!
Unit Size
1,681 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$220
Property Type
House
Property Taxes
$669
HOA Dues
-
Year Built
1973

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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 #11229937)

Price History

Date / Event Date Event Price
Feb 1, 2022 Sold
Premium
Sold
Oct 7, 2021 Listed by d'aprile properties $369,900
Listed by d'aprile properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 9,660
  • Total Building Area: 1,681
  • Gross Building Area: 1,681
  • Building Area: 1,681
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,681
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS WEST AT HOFFMAN ESTATES XXVII
  • Land Acres: 0000000222
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HIGHLANDS) (WEST) AT (HOFFMAN) ESTATES (XXVII) SUB O F PT SE SEC8 & PT NE SEC17 SE SEC 08-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804706

Geography

  • District: 35
  • Parcel: 07-08-411-045-0000
  • Block: 221
  • Lot: 45
  • Meridian: SEC 08 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0514
  • Longitude: -88.1116

    Address

  • Full Address: 1285 Campbell Ln
  • Address - House Number: 1285
  • Address - Street Name: Campbell
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C021
  • 4-Digit Zip Code: 1204
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $911,254
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 379,372
  • High Value: 464,839
  • Low Value: 293,905

    Market Valuation

  • Market Total Value: $306,830
  • Market Land Value: $72,450
  • Market Improvement Value: $234,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,683
  • Assessed Land Value: $7,245
  • Assessed Improvements Value: $23,438

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Feb 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2204808022
  • Previous Sale Recording Date: Jul 16, 2021
  • Previous Sale Contract Date: Jun 15, 2021
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 71
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

$242

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1558 ft²

Average Home Age

46.9 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 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.
MRED

Listed by: Susan Debouver, d'aprile properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11229937
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 1285 Campbell Lane built and last sold?
The property at 1285 Campbell Lane was built in 1973 and last sold on Jan 28, 2022 for $350,000.
How much is this home worth?
The estimated value of the home located at 1285 Campbell Lane is $0.
What are some comparable homes to 1285 Campbell Lane?
There are currently no comparable homes to 1285 Campbell Lane.
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