When was property at 4140 Portage Lane built and last sold?

The property at 4140 Portage Lane was built in 1979 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 4140 Portage Lane is $555,452.

What are some comparable homes to 4140 Portage Lane?

There are currently no comparable homes to 4140 Portage Lane.

Hoffman Estates

60192

4140 Portage Lane

Sold on Sep 4, 2026

Map

$525,000

● House - Off Market

4140 Portage Lane

Hoffman Estates, IL 60192

4 Beds

2 Baths

2,293 Ft²

$3,485

Est. Monthly

About This Property

A rare find in North Hoffman.. A Raised ranch with a large addition that gives you way more space than the exterior lets on. The addition lets in wonderful light, and is the perfect addition to what normally is a very small footprint. Upstairs is three bedrooms, a full bath, an updated kitchen with separate dining space, hardwood floors, and an exit out to the backyard. The downstairs portion of the addition gives the possibility of a main level bedroom, with a walk in closet. This space can also be used as an office, a play room, or just a nice separate TV room. The entire house has been painted, new carpet, new fans, a refreshed ground floor bathroom. The house sits on a corner lot that looks over the lake and South Ridge Park. The above-ground pool has a full deck built around it with it's own fence, for security and functionality. The side yard is perfect for sports or garden beds, tons of potential over there. Walk to Whiteley Elementary, and attends Thomas Jefferson Middle School and Fremd High School.

Unit Size

2,293 Ft²

Days on Market

Land Size

0.19 acres

Price per sqft

$240

Property Type

House

Property Taxes

$784

HOA Dues

Year Built

1979

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Cap Rate Calculator

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1979

Effective Year Built: 1979
Building Count: 1
Total Rooms: 6
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: 3
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,424

Total Building Area: 1,457
Gross Building Area: 1,457
Building Area: 1,457
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 1,457
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WESTBURY LAKES UNIT1
Land Acres: 0000000193
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: (WESTBURY) (LAKES) (UNIT1) RESUB OF HOWIE IN THE HILL S UNIT3 SUB IN SW SEC 19-42-10

Neighborhood

School District Name: Palatine Community Consolidated School District 15

Census Tract: 804104

Geography

District: 29

Parcel: 02-19-319-029-0000
Block: 2
Lot: 13
Meridian: SEC 19 TWN 42N RNG 10E
Municipality: PALATINE
Latitude: 42.0998
Longitude: -88.1149

Address

Full Address: 4140 Portage Ln

Legal Unit: 1
Address - House Number: 4140
Address - Street Name: Portage
Address - Suffix Type: Ln
State: IL
City Name: Hoffman Estates
Carrier Code: C017
4-Digit Zip Code: 1323
Zip Code: 60192

Valuation

Tax

Tax Year: 2022

Tax Amount: $906,099
Initial Tax Delinquent Year: 2021
Tax Rate Code Area: 29082

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 410,527
High Value: 504,267
Low Value: 316,787

Market Valuation

Market Total Value: $340,000

Market Land Value: $75,820
Market Improvement Value: $264,180

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $34,000
Assessed Land Value: $7,582
Assessed Improvements Value: $26,418

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Hoffman Estates

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

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 4840 Prestwick Place, Hoffman Estates, IL, 60010

$3,200 /mo

3 Beds
2 Baths
1,800 ft²

4840 Prestwick Place #4840, Hoffman Estates, IL, 60010 Listing by Tasneem Bahrainwala

Unit for rent at 5039 Chambers Drive, Hoffman Estates, IL, 60010

$3,500 /mo

4 Beds
1 Bath
1,814 ft²

5039 Chambers Drive, Hoffman Estates, IL, 60010 Listing by Zivile Pitkiene

Unit for rent at 71 N Ela Road, Inverness, IL, 60067

$4,500 /mo

4 Beds
3 Baths
1,818 ft²

71 N Ela Road, Inverness, IL, 60067 Listing by Peter Babjak

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Ashlee Fox, Berkshire Hathaway HomeServices Starck Real Estate
Data Source: MRED, MLS# MRD12645366

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.