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Hoffman Estates 60169
315 Arizona Boulevard
$310,000
● House - Off Market

315 Arizona Boulevard

Hoffman Estates, IL 60169
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$374,468
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Beautiful well maintained 4 bed rooms 2 full baths recently painted and new floor some rooms.Recently updated over sized 3 car garage with storage and side door. Excellent School with waking  distance. Home fenced yard , wooden patio and sun Florida room with  new water proof vinyl floor 2021. Luxurious blinds all windows 2021.Lot of new Led lights all over . Dryer washer , Gas stove, microwave -2017. Water heater -2017. Roof and siding -2012. 6 fans and new carpet -2020. Ceramic kitchen floor -2021.Both full bathroom rehab in 2014. back and side windows replaced -2019.Low real estate tax. 5 car park in driveway and 3 car in Garage. close to wood field mall  and I-90 and I-290.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$231
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1959

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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 #11110069)

Price History

Date / Event Date Event Price
Jul 12, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by Re/Max Renaissance $324,000
Listed by Re/Max Renaissance

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,285
  • Total Building Area: 1,334
  • Gross Building Area: 1,334
  • Building Area: 1,334
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,334
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES II
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (HOFFMAN) ESTATES (II) SUB OF THAT PT LYING SOUTH OF HIGGINS ROAD OF NW SW SEC14 & NE & NH SE SEC15 EH SEC 15-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804608

Geography

  • District: 35
  • Parcel: 07-15-417-002-0000
  • Block: 25
  • Lot: 10
  • Meridian: SEC 15 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0402
  • Longitude: -88.0723

    Address

  • Full Address: 315 Arizona Blvd
  • Address - House Number: 315
  • Address - Street Name: Arizona
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C038
  • 4-Digit Zip Code: 1922
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $819,090
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 365,330
  • High Value: 448,506
  • Low Value: 282,153

    Market Valuation

  • Market Total Value: $286,080
  • Market Land Value: $61,710
  • Market Improvement Value: $224,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,608
  • Assessed Land Value: $6,171
  • Assessed Improvements Value: $22,437

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2120407130
  • Previous Sale Recording Date: Feb 13, 2003
  • Previous Sale Contract Date: Jan 27, 2003
  • Previous Sale Amount: $240,000
  • 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:

$414,900

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1594 ft²

Average Home Age

44.3 years

Currently For Sale

80 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 2329 Alumni Drive, Schaumburg, IL, 60173

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,782 ft²
2329 Alumni Drive, Schaumburg, IL, 60173 Listing by Sunita Kakarlapudi
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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Rajesh Patel, Re/Max Renaissance
Last Updated: 3 years ago
Data Source: MRED, MLS# 11110069
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 315 Arizona Boulevard built and last sold?
The property at 315 Arizona Boulevard was built in 1959 and last sold on Jul 7, 2021 for $310,000.
How much is this home worth?
The estimated value of the home located at 315 Arizona Boulevard is $0.
What are some comparable homes to 315 Arizona Boulevard?
There are currently no comparable homes to 315 Arizona Boulevard.
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