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Hoffman Estates 60192
2047 Amelia Lane
$500,000
● House - Off Market

2047 Amelia Lane

Hoffman Estates, IL 60192
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,795 Ft²
$3,550
Est. Monthly
$21
HOA / Fees
5.78%
Cap Rate

About This Property

Amazing opportunity to live in this beautiful four bedroom two and one half bath!  This two story is located in the highly desirable Beacon Point subdivision.  The open floor plan is perfect for entertaining. The kitchen features 42 inch cabinets, granite countertops, tile backsplash, stainless steel appliances & so much more. Great first floor den & laundry!  Four generously sized bedrooms on the second floor. The primary bedroom suite has a tray ceiling, walk-in closet, private, attached bath w/whirlpool tub, and separate shower!   Other features include; 9 Foot Ceilings, full finished basement, 2.5 Car Garage, etc... Prime location close to shopping & I-90.
Unit Size
2,795 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$184
Property Type
House
Property Taxes
$1,000
HOA Dues
$21
Year Built
2007

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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 #11965916)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold
Premium
Sold
Jan 24, 2024 Listed by Executive Realty Group LLC $515,000
Listed by Executive Realty Group LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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
  • 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: 7,923
  • Total Building Area: 2,795
  • Gross Building Area: 2,795
  • Building Area: 2,795
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,795
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEACON POINTE
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804313

Geography

  • District: 18
  • Parcel: 06-05-303-003-0000
  • Lot: 173
  • Municipality: HANOVER
  • Latitude: 42.0626
  • Longitude: -88.2334

    Address

  • Full Address: 2047 Amelia Ln
  • Address - House Number: 2047
  • Address - Street Name: Amelia
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: R008
  • 4-Digit Zip Code: 4639
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,199,511
  • Tax Rate Code Area: 18039

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 508,570
  • High Value: 559,990
  • Low Value: 457,149

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $70,000
  • Market Improvement Value: $330,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $33,000

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Mar 14, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14135
  • Previous Sale Recording Date: Aug 21, 2019
  • Previous Sale Contract Date: Aug 08, 2019
  • Previous Sale Amount: $352,500
  • 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:

$415,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1571 ft²

Average Home Age

43.5 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 920 Fairfax Court, Elgin, IL, 60120

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,980 ft²
920 Fairfax Court, Elgin, IL, 60120 Listing by Matthew Lysien

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Liliana Quaglia, Executive Realty Group LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11965916
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 2047 Amelia Lane built and last sold?
The property at 2047 Amelia Lane was built in 2007 and last sold on Feb 21, 2024 for $500,000.
How much is this home worth?
The estimated value of the home located at 2047 Amelia Lane is $527,835.
What are some comparable homes to 2047 Amelia Lane?
There are currently no comparable homes to 2047 Amelia Lane.
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