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Hoffman Estates 60192
1685 Airdrie Lane
$135,000
● Land - Off Market

1685 Airdrie Lane

Hoffman Estates, IL 60192
bedrooms
Studio
bathrooms
0 Bath
$153,463
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Looking for a private lot in an established area to build your dream home? Come check out this half acre lot in Walnut Pond Estates. This custom home subdivision has mature oak, walnut, and maple trees and a .4 mile walking path around the lake thru the trees. This lot backs up to the pond! Architect/Builder/Lender contacts available to help you build your dream home
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$357
HOA Dues
-
Year Built
-

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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 #11365033)

Price History

Date / Event Date Event Price
Jul 13, 2022 Sold
Premium
Sold
Apr 4, 2022 Listed by Baird & Warner $150,000
Listed by Baird & Warner

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,205
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: AIRDRIE ESTATES SUBDIVISION
  • Land Acres: 0000000464
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804312

Geography

  • District: 18
  • Parcel: 06-09-105-006-0000
  • Municipality: HANOVER
  • Latitude: 42.0567
  • Longitude: -88.2213

    Address

  • Full Address: 1685 Airdrie Ln
  • Address - House Number: 1685
  • Address - Street Name: Airdrie
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C003
  • 4-Digit Zip Code: 1412
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $363,514
  • Tax Rate Code Area: 18039

    Market Valuation

  • Market Total Value: $121,230
  • Market Land Value: $121,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,123
  • Assessed Land Value: $12,123

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49108
  • Previous Sale Recording Date: Apr 25, 2019
  • Previous Sale Contract Date: Apr 16, 2019
  • Previous Sale Amount: $584,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$410,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1624 ft²

Average Home Age

44 years

Currently For Sale

74 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

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MRED

Listed by: Dawn Larsen, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11365033
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 1685 Airdrie Court built and last sold?
The property at 1685 Airdrie Court was built in and last sold on Jul 12, 2022 for $135,000.
How much is this home worth?
The estimated value of the home located at 1685 Airdrie Court is $0.
What are some comparable homes to 1685 Airdrie Court?
There are currently no comparable homes to 1685 Airdrie Court.
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