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Hoffman Estates 60010
4938 Lichfield Drive
$365,000
● House - Off Market

4938 Lichfield Drive

Hoffman Estates, IL 60010
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,677 Ft²
$353,956
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

HIGHEST AND BEST DUE AT 3pm Sunday.  You are going to love this beautiful brick faced home with a full basement and a three season room located in Fremd High School!  There are wood floors throughout the first floor and you will also find wood on the stairs to the second floor.  The updated kitchen opens to the family room with a cozy fireplace with a gas start. There is a nice size primary bedroom with two closets with entry to the shared updated bathroom. The yard is fenced and also includes a paver patio, gorgeous plantings and a shed for storage. Enjoy the gorgeous landscaping from your three season room. The basement is partially finished with an extra family room and a lot of storage.  Walk to Starbucks, Jewel, restaurants and so much more! The park is just down the street from this home. Welcome home!
Unit Size
1,677 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$209
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1978

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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 #11388175)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Premium
Sold
Apr 28, 2022 Listed by RE/MAX Suburban $349,900
Listed by RE/MAX Suburban

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,831
  • Total Building Area: 1,696
  • Gross Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,696
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONY POINT
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (COLONY) (POINT) A RESUB OF PT OF COUNTRY CLUB ADD TO HOWIE IN THE HILLS A SUB IN EH SW SEC 18-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803603

Geography

  • District: 29
  • Parcel: 02-18-311-021-0000
  • Block: 5
  • Lot: 21
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.113
  • Longitude: -88.1126

    Address

  • Full Address: 4938 Lichfield Dr
  • Address - House Number: 4938
  • Address - Street Name: Lichfield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C022
  • 4-Digit Zip Code: 5616
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $906,099
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2633
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 383,110
  • High Value: 484,003
  • Low Value: 282,217

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $52,480
  • Market Improvement Value: $287,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $5,248
  • Assessed Improvements Value: $28,752

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34090
  • Previous Sale Recording Date: Aug 21, 1996
  • Previous Sale Contract Date: Aug 16, 1996
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 69
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:

$409,950

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1597 ft²

Average Home Age

46.7 years

Currently For Sale

77 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

$2,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
4840 Prestwick Place #4840, Hoffman Estates, IL, 60010 Listing by Tasneem Bahrainwala
Unit for rent at 1404 W Sapphire Drive, Hoffman Estates, IL, 60192

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,460 ft²
1404 W Sapphire Drive #1404, Hoffman Estates, IL, 60192 Listing by Zivile Pitkiene

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Laura Browere, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11388175
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 4938 Lichfield Drive built and last sold?
The property at 4938 Lichfield Drive was built in 1978 and last sold on Jun 7, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 4938 Lichfield Drive is $0.
What are some comparable homes to 4938 Lichfield Drive?
There are currently no comparable homes to 4938 Lichfield Drive.
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