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Hoffman Estates 60169
460 Bode Road
$280,000
● House - Off Market

460 Bode Road

Hoffman Estates, IL 60169
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,380 Ft²
$268,725
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Multiple offers received. Calling for highest and best due Sunday 5PM June 25. Check this home out! It is in need of updating but has been loved for so many years. If you're looking for a fixer upper or rehabber here it is! The premium location is close to schools, parks, shopping, restaurants and roads that get you where you need to go fast! Be amazed at the huge yard that awaits a new garage! What's inside? Both living and dining rooms have newer flooring, an efficient kitchen that steps out to a wonderful 3 season porch that extends your living space! The second floor offers 3 bedrooms all with hardwood floors and a full bath! The finished lower level has an updated half bath, family room and laundry area. This home sold AS IS. No Exceptions.
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$195
Property Type
House
Property Taxes
$65
HOA Dues
-
Year Built
1961

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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 #11815254)

Price History

Date / Event Date Event Price
Jul 27, 2023 Sold
Premium
Sold
Jun 23, 2023 Listed by Coldwell Banker Realty $269,460
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,060
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES IX
  • Land Acres: 0000000254
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (HOFFMAN) ESTATES (IX) SUB OF SE NE SEC 16-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804709

Geography

  • District: 35
  • Parcel: 07-16-210-007-0000
  • Block: 121
  • Lot: 7
  • Meridian: SEC 16 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0418
  • Longitude: -88.0913

    Address

  • Full Address: 460 Bode Rd
  • Address - House Number: 460
  • Address - Street Name: Bode
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C026
  • 4-Digit Zip Code: 1623
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $71,238
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 306,976
  • High Value: 381,160
  • Low Value: 232,792

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $66,360
  • Market Improvement Value: $183,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $6,636
  • Assessed Improvements Value: $18,364

    Sales

  • Current Sale Contract Date: Jul 18, 2023
  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13115
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

40

Average Home Size

1630 ft²

Average Home Age

43.3 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 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
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: Carrie Tuggle, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11815254
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 460 Bode Road built and last sold?
The property at 460 Bode Road was built in 1961 and last sold on Jul 18, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 460 Bode Road is $275,641.
What are some comparable homes to 460 Bode Road?
There are currently no comparable homes to 460 Bode Road.
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