For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Hoffman Estates 60010
4985 LICHFIELD Drive
$245,000
● House - Off Market

4985 LICHFIELD Drive

HOFFMAN ESTATES, IL 60010
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$399,627
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

ALL FRESH NEUTRAL PAINT! ALL laminate wood floors on the first floor and all WOOD floors on the second floor! LARGE eat in kitchen with a walk in pantry/mudroom!  UPDATED Baths!  HUGE MASTER bedroom with TWO closets and a sitting area! White UPDATED paneled doors! TRANE furnace and air conditioner!  FENCED yard! and a shed!  AWARD Winning MARION JORDAN AND FREMD High School! WALK to the PARK (down the street!) and WALK to JEWEL Starbucks and a lot more shopping and dinner too! LIGHT, BRIGHT, CLEAN and READY to move in! Welcome Home!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
1979

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #09630794)

Price History

Date / Event Date Event Price
Jul 11, 2017 Sold
Premium
Sold
May 18, 2017 Listed by RE/MAX Unlimited Northwest $250,000
Listed by RE/MAX Unlimited Northwest

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • 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: 4,428
  • Lot Size Depth Feet: 820
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,541
  • Gross Building Area: 1,541
  • Building Area: 1,541
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,541
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONY POINT
  • Land Acres: 0000000102
  • 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: 02-18-309-032-0000
  • Block: 3
  • Lot: 32
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.114
  • Longitude: -88.112

    Address

  • Full Address: 4985 Lichfield Dr
  • Address - House Number: 4985
  • Address - Street Name: Lichfield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C022
  • 4-Digit Zip Code: 5615
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $787,571
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 374,350
  • High Value: 461,197
  • Low Value: 287,502

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $39,850
  • Market Improvement Value: $260,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $3,985
  • Assessed Improvements Value: $26,015

    Sales

  • Current Sale Contract Date: Jul 11, 2017
  • Current Sale Recording Date: Jul 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1720710033

    Financing

  • First Mortgage Financing Type: FIX
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

$242

Below Asking

0.01%

Average Days on Market

42

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: , RE/MAX Unlimited Northwest
Last Updated: 3 years ago
Data Source: MRED, MLS# 09630794
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 4985 Lichfield Drive built and last sold?
The property at 4985 Lichfield Drive was built in 1979 and last sold on Jul 11, 2017 for $245,000.
How much is this home worth?
The estimated value of the home located at 4985 Lichfield Drive is $0.
What are some comparable homes to 4985 Lichfield Drive?
There are currently no comparable homes to 4985 Lichfield Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Palatine Homes for Sale
Palatine Houses for Sale
Palatine Condos for Sale
Palatine Townhouses for Sale
Palatine Multifamily for Sale
Palatine Land for Sale
Palatine Commercial for Sale
Palatine Homes with Basements
Nearby Cities
Schaumburg Homes for Sale
Arlington Heights Homes for Sale
Des Plaines Homes for Sale
Buffalo Grove Homes for Sale
Hoffman Estates Homes for Sale
Mount Prospect Homes for Sale
Streamwood Homes for Sale
Hanover Park Homes for Sale
Nearby Property Records
Kane County, IL Property Records
DuPage County, IL Property Records
McHenry County, IL Property Records
Lake County, IL Property Records
Cook County, IL Property Records
Kenosha County, WI Property Records
DeKalb County, IL Property Records
Will County, IL Property Records
Neighborhoods
Buffalo Grove Real Estate
Conway Farms Real Estate
Oak Hills Real Estate
Nearby Counties
Wheeling Homes for Sale
Schaumburg Homes for Sale
Hanover Homes for Sale
Vernon Homes for Sale
Elk Grove Homes for Sale
Ela Homes for Sale
Cuba Homes for Sale
Barrington Homes for Sale
Top Real Estate Agents
Top Agents in Palatine
Top Agents in Wheeling
Top Agents in Schaumburg
Top Agents in Hanover
Top Agents in Schaumburg
Top Agents in Vernon
Top Agents in Arlington Heights
Top Agents in Elk Grove