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Hoffman Estates 60192
1530 Chesapeake Drive
$352,000
● House - Off Market

1530 Chesapeake Drive

HOFFMAN ESTATES, IL 60192
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$569,934
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

REHABBED, Peaceful, Beautiful 4 bedroom home with private yard backing to field and huge park featuring pond, walking path, play ground, tennis, volleyball...NO HOA!  Gourmet kitchen boasts NEW GRANITE counters, NEW STAINLESS STEAL appliances & NEW sink. ALL NEW- flooring throughout! Updated bathrooms! EXTERIOR ALL NEW-roof, gutters, soffits, siding, trim and shutters, sliding and french doors! New-interior doors, closets shelving, toilets, sump, and even drywall! Newer, furnace, HWH, washer & dryer. Spray installation in attic and crawl.  This home is ready and waiting for you! Nothing to do but move in!  Great neighborhood for you to enjoy!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$737
HOA Dues
-
Year Built
1980

Payment Calculator

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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 #09622823)

Price History

Date / Event Date Event Price
Jun 22, 2017 Sold
Premium
Sold
May 17, 2017 Listed by Coldwell Banker Residential $355,000
Listed by Coldwell Banker Residential

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • 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: 9,801
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 810
  • Total Building Area: 2,056
  • Gross Building Area: 2,056
  • Building Area: 2,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POPLAR HILLS UNIT5
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (POPLAR)(HILLS)(UNIT5) BEING SUB OF PT OF SE 24-42-9 & PT SW 19-42-10 SE SEC 24-42-09

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804104

Geography

  • District: 29
  • Parcel: 02-19-328-034-0000
  • Block: 21
  • Lot: 34
  • Meridian: SEC 24 TWN 42N RNG 09E
  • Municipality: PALATINE
  • Latitude: 42.0965
  • Longitude: -88.1177

    Address

  • Full Address: 1530 Chesapeake Dr
  • Legal Unit: 5
  • Address - House Number: 1530
  • Address - Street Name: Chesapeake
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C038
  • 4-Digit Zip Code: 1220
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,155,603
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 468,984
  • High Value: 571,627
  • Low Value: 366,341

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $88,210
  • Market Improvement Value: $301,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $8,821
  • Assessed Improvements Value: $30,179

    Sales

  • Current Sale Contract Date: Jun 22, 2017
  • Current Sale Recording Date: Jul 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1719210029
  • Previous Sale Recording Date: Dec 11, 2012
  • Previous Sale Contract Date: Dec 06, 2012
  • Previous Sale Amount: $255,000
  • 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:

$415,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1531 ft²

Average Home Age

42.9 years

Currently For Sale

72 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 4625 Huntington Boulevard, Hoffman Estates, IL, 60192

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 9,999 ft²
4625 Huntington Boulevard, Hoffman Estates, IL, 60192 Listing by Al Janabi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09622823
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 1530 Chesapeake Drive built and last sold?
The property at 1530 Chesapeake Drive was built in 1980 and last sold on Jun 22, 2017 for $352,000.
How much is this home worth?
The estimated value of the home located at 1530 Chesapeake Drive is $0.
What are some comparable homes to 1530 Chesapeake Drive?
There are currently no comparable homes to 1530 Chesapeake Drive.
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