For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Hoffman Estates 60169
1695 Monticello Road
$310,000
● House - Off Market

1695 Monticello Road

Hoffman Estates, IL 60169
bedrooms
4 Beds
bathrooms
2 Baths
$332,009
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Multiple offers received - request final offers be submitted by noon Friday 8/27.  Beautiful raised ranch home with three bedrooms upstairs and one bedroom downstairs.  Perfect setup for a separate living space in the lower level for in-laws, teens, room mate, etc.  The walk-out lower level leads to large patio and lushly landscaped fenced yard. Beautifully decorated interior and well maintained exterior. Hardwood or luxury vinyl plank floors in main areas with carpeting in the bedrooms (there is hardwood flooring under the carpeting).
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1963

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11193762)

Price History

Date / Event Date Event Price
Oct 19, 2021 Sold
Premium
Sold
Aug 18, 2021 Listed by Baird & Warner $295,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,295
  • Total Building Area: 1,079
  • Gross Building Area: 1,079
  • Building Area: 1,079
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,079
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS/HOFFMAN ESTATES XIV
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804714

Geography

  • District: 35
  • Parcel: 07-10-103-008-0000
  • Block: 171
  • Lot: 8
  • Meridian: SEC 10 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0583
  • Longitude: -88.0874

    Address

  • Full Address: 1695 Monticello Rd
  • Address - House Number: 1695
  • Address - Street Name: Monticello
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C006
  • 4-Digit Zip Code: 4311
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $831,575
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 348,333
  • High Value: 426,808
  • Low Value: 269,859

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $55,770
  • Market Improvement Value: $224,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $5,577
  • Assessed Improvements Value: $22,423

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2129441027

    Financing

  • First Mortgage Financing Type: FIX
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

42

Average Home Size

1602 ft²

Average Home Age

46.1 years

Currently For Sale

78 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 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
Unit for rent at 1551 Crowfoot Circle N, Hoffman Estates, IL, 60169

$3,995 /mo

  • 4 Beds
  • 2 Baths
  • 3,514 ft²
1551 Crowfoot Circle N, Hoffman Estates, IL, 60169 Listing by Abhijit Leekha

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dawn Larsen, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11193762
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 1695 Monticello Road built and last sold?
The property at 1695 Monticello Road was built in 1963 and last sold on Oct 8, 2021 for $310,000.
How much is this home worth?
The estimated value of the home located at 1695 Monticello Road is $297,950.
What are some comparable homes to 1695 Monticello Road?
There are currently no comparable homes to 1695 Monticello Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Schaumburg Homes for Sale
Schaumburg Houses for Sale
Schaumburg Condos for Sale
Schaumburg Townhouses for Sale
Schaumburg Multifamily for Sale
Schaumburg Land for Sale
Schaumburg Commercial for Sale
Schaumburg Homes with Basements
Nearby Cities
Palatine Homes for Sale
Arlington Heights Homes for Sale
Des Plaines Homes for Sale
Buffalo Grove Homes for Sale
Hoffman Estates Homes for Sale
Mount Prospect Homes for Sale
Bartlett Homes for Sale
Elmhurst Homes for Sale
Nearby Property Records
DuPage County, IL Property Records
Kane County, IL Property Records
McHenry County, IL Property Records
Cook County, IL Property Records
Lake County, IL Property Records
DeKalb County, IL Property Records
Will County, IL Property Records
Kendall County, IL Property Records
Neighborhoods
Buffalo Grove Real Estate
Southeast Elgin Real Estate
Lords Park Real Estate
Parkwood Real Estate
Nearby Counties
Wheeling Homes for Sale
Palatine Homes for Sale
Bloomingdale Homes for Sale
Hanover Homes for Sale
Elk Grove Homes for Sale
Addison Homes for Sale
Wayne Homes for Sale
Barrington Homes for Sale
Top Real Estate Agents
Top Agents in Schaumburg
Top Agents in Wheeling
Top Agents in Palatine
Top Agents in Bloomingdale
Top Agents in Hanover
Top Agents in Palatine
Top Agents in Arlington Heights
Top Agents in Elk Grove