205 ILLINOIS Boulevard
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Oct 4, 2022 | Listed by Great Lakes Realty Central Inc | $368,500 | |
| Listed by Great Lakes Realty Central Inc | |||
| Nov 18, 2020 | No longer available | - | |
| No longer available | |||
| Oct 5, 2020 | Listed | $329,900 | |
| Listed | |||
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Welcome to this amazing ranch home with quality workmanship throughout. Total rehab in 2018. Exquisitely designed open floor plan. Kitchen features custom 42' cabinets, stainless steel appliances, quartz counter tops and large island. Home offers 3 bedrooms and 2 full bathrooms. Laminate flooring. Home has a new roof, hardie board siding and slate stone on outside wall. Furnace is 3 years old, installed in attic. High quality lang exterior windows. Custom made wall cabinets in living room for entertainment. Buyer has option to purchase the installed Sony TV & Boss Sound system. Home also offers electric back up system, outlets outside ready for plug in generator. Large new 2.5 garage, insulated, heated, AC. Very convenient location close to shopping, walking distance to park and playground. Easy access to I-90 & I-390. Located on long cu lde sac with fenced corner lot. Fire pit in backyard. Good schools, Elementary School rated 8 out of 10. A must see. The manager has listed the unit size as 1300 square feet.
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About Hoffman Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017