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Hoffman Estates 60169
420 Ashland Street
$375,000
● House - Off Market

420 Ashland Street

Hoffman Estates, IL 60169
bedrooms
3 Beds
bathrooms
2 Baths
$377,092
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

So much home for the money!! Large yard backing up to Schaumburg Golf Course! Three-bedroom split level with room addition! Home freshly painted and brand-new carpet throughout. Brand new roof in 2022! Updated windows and some newer light fixtures. Updated kitchen with new cabinet hardware, brand new stove, range hood and dishwasher! Dining room could be possible office! Extra storage in garage area. Double wide driveway with parking on the side of the home...3/4 quarters fenced yard. Close to schools, shopping and expressways!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11857157)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Aug 10, 2023 Listed by RE/MAX Central Inc. $378,500
Listed by RE/MAX Central Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,084
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES X
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (HOFFMAN) ESTATES (X) SUB IN SW SEC 14-41-10

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-14-307-010-0000
  • Block: 122
  • Lot: 10
  • Meridian: SEC 14 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0361
  • Longitude: -88.0697

    Address

  • Full Address: 420 Ashland St
  • Address - House Number: 420
  • Address - Street Name: Ashland
  • Address - Suffix Type: St
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C038
  • 4-Digit Zip Code: 1940
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $890,938
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 370,779
  • High Value: 454,310
  • Low Value: 287,248

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $72,500
  • Market Improvement Value: $227,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $7,250
  • Assessed Improvements Value: $22,750

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Nov 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6236
  • Previous Sale Recording Date: Aug 09, 1996
  • Previous Sale Contract Date: Jul 29, 1996
  • Previous Sale Amount: $163,500
  • 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:

$409,900

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1558 ft²

Average Home Age

46.9 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 282 Pembridge Lane, Schaumburg, IL, 60193

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
282 Pembridge Lane #A2, Schaumburg, IL, 60193 Listing by Rocco LaMantia
Unit for rent at 261 Driftwood Lane, Schaumburg, IL, 60193

$2,675 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
261 Driftwood Lane #A2, Schaumburg, IL, 60193 Listing by Carol Weiskirch
Unit for rent at 86 Allerton Drive, Schaumburg, IL, 60194

$2,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
86 Allerton Drive #86, Schaumburg, IL, 60194 Listing by Fawad Shahid

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kenneth Lemberger, RE/MAX Central Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11857157
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 420 Ashland Street built and last sold?
The property at 420 Ashland Street was built in 1961 and last sold on Oct 20, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 420 Ashland Street is $0.
What are some comparable homes to 420 Ashland Street?
There are currently no comparable homes to 420 Ashland Street.
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