440 Illinois Boulevard
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Feb 15, 2023 | Listed by xr realty | $389,990 | |
| Listed by xr realty | |||
| Mar 7, 2019 | No longer available | - | |
| No longer available | |||
| Jan 8, 2019 | Listed | $192,500 | |
| Listed | |||
| | |||
|
Great opportunity to own this 3 bedroom 2 bath ranch home that has tons of potential. This property features an open layout, 2 car detached garage, fenced in yard, hardwood floors, master bathroom and is located just minutes from public transportation, expressways, shopping and schools. The manager has listed the unit size as 1205 square feet.
| |||
| Jan 6, 2019 | No longer available | - | |
| No longer available | |||
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About Hoffman Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017