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Hoffman Estates 60169
1750 MONTICELLO Road
$230,000
● House - Off Market

1750 MONTICELLO Road

HOFFMAN ESTATES, IL 60169
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,073 Ft²
$369,092
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

LOCATION, LOCATION!!!  READY TO MOVE IN 3 BEDROOM - 2 FULL BATH WITH A LARGE FENCED YARD WITH PLAY SET AND STORAGE SHED.  ROOF AND WINDOWS ARE NEW. FURNACE, A/C, HOT WATER HEATER, WASHER AND DRYER 2 YEARS OLD.  GREAT AWARD WINNING SCHOOL DISTRICT.  CLOSE TO I-90, STORES, SCHOOLS, RESTAURANTS AND MORE.
Unit Size
1,073 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1963

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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 #09589678)

Price History

Date / Event Date Event Price
Jun 21, 2017 Sold
Premium
Sold
Apr 8, 2017 Listed by GMS Realty Group, LLC $229,900
Listed by GMS Realty Group, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,224
  • Total Building Area: 1,073
  • Gross Building Area: 1,073
  • Building Area: 1,073
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,073
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS AT HOFFMAN ESTATES XIV
  • Land Acres: 0000000235
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HIGHLANDS) AT (HOFFMAN) ESTATES (XIV) SUB OF PT NE S EC 9 & PT OF NW SEC 10 NE SEC 09-41-10

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-10-102-019-0000
  • Block: 169
  • Lot: 19
  • Meridian: SEC 09 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0591
  • Longitude: -88.088

    Address

  • Full Address: 1750 Monticello Rd
  • Address - House Number: 1750
  • Address - Street Name: Monticello
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C006
  • 4-Digit Zip Code: 4314
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $742,448
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 331,002
  • High Value: 406,363
  • Low Value: 255,641

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $61,340
  • Market Improvement Value: $188,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $6,134
  • Assessed Improvements Value: $18,866

    Sales

  • Current Sale Contract Date: Jun 21, 2017
  • Current Sale Recording Date: Jul 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1719418081
  • Previous Sale Recording Date: Jul 06, 2001
  • Previous Sale Contract Date: Jun 20, 2001
  • Previous Sale Amount: $175,000
  • 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:

$410,000

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1555 ft²

Average Home Age

46.9 years

Currently For Sale

71 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 10 W Thacker Street, Hoffman Estates, IL, 60169

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 900 ft²
10 W Thacker Street, Hoffman Estates, IL, 60169 Listing by Magdalena Malyszko
Unit for rent at 852 Dighton Lane N, Schaumburg, IL, 60173

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,488 ft²
852 Dighton Lane N, Schaumburg, IL, 60173 Listing by Mafatlal Patel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , GMS Realty Group, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09589678
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 1750 Monticello Road built and last sold?
The property at 1750 Monticello Road was built in 1963 and last sold on Jun 21, 2017 for $230,000.
How much is this home worth?
The estimated value of the home located at 1750 Monticello Road is $0.
What are some comparable homes to 1750 Monticello Road?
There are currently no comparable homes to 1750 Monticello Road.
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