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Hoffman Estates 60169
325 Arizona Boulevard
$290,000
● House - Off Market

325 Arizona Boulevard

Hoffman Estates, IL 60169
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,426 Ft²
$290,486
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
Unit Size
1,426 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$203
Property Type
House
Property Taxes
$433
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 #11768442)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 5, 2023 Listed by Redfin Corporation $290,000
Listed by Redfin Corporation

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,475
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,426
  • Gross Building Area: 1,426
  • Building Area: 1,426
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,426
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES II
  • Land Acres: 0000000263
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • 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: 07-15-417-003-0000
  • Block: 25
  • Lot: 9
  • Meridian: SEC 15 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0402
  • Longitude: -88.072

    Address

  • Full Address: 325 Arizona Blvd
  • Address - House Number: 325
  • 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: $589,327
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 325,089
  • High Value: 403,650
  • Low Value: 246,528

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $68,850
  • Market Improvement Value: $191,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $6,885
  • Assessed Improvements Value: $19,115

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 33397
  • Previous Sale Recording Date: May 05, 1998
  • Previous Sale Contract Date: Apr 30, 1998
  • Previous Sale Amount: $142,000
  • 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:

$410,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1615 ft²

Average Home Age

42.8 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 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: Anita Willms, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 11768442
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 325 Arizona Boulevard built and last sold?
The property at 325 Arizona Boulevard was built in 1959 and last sold on Jun 12, 2023 for $290,000.
How much is this home worth?
The estimated value of the home located at 325 Arizona Boulevard is $0.
What are some comparable homes to 325 Arizona Boulevard?
There are currently no comparable homes to 325 Arizona Boulevard.
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