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Hoffman Estates 60010
Undisclosed Address
$570,000
● House - Off Market

Undisclosed Address

HOFFMAN ESTATES, IL 60010
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,119,076
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

MAGNIFICENT! COMPLETELY CUSTOMIZED! ALL 3 LEVELS EXPANDED! BREATHTAKING KITCHN W/MULTI-LEVEL ISLND, MAPLE CABS, HUGE EATING AREA W/FP! DRAMATIC FR W/VLTD CLNGS! HRDWD FLRS T/O LR/DR, KITCHN & FR! MSTR STE W/SITTNG AREA, WIC & ULTRA BATH W/OVRSZD WHRLPL, SEP 2 PERSON SHWR & VLTD CLNG! 2ND MSTR STE W/PRVT BATH! SPECTACULAR BSMNT W/REC RM & GAME RM! NEWER ROOF, SIDING, WNDWS, FURN, C/A! LOVELY VIEW OF LAKE! DREAM HOME!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1980

Payment Calculator

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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.

Property Highlights

Air Conditioning
Fireplace
Garage
With View

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,280
  • Total Building Area: 2,430
  • Gross Building Area: 2,430
  • Building Area: 2,430
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,430
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND WOODS UNIT2
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (HIGHLAND)(WOODS)(UNIT2) BEING SUB OF PT OF WH SW SEC 18-42-10

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-18-319-022-0000
  • Block: 7
  • Lot: 22
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1141
  • Longitude: -88.1175

    Address

  • Full Address: 4991 Tarrington Dr
  • Legal Unit: 2
  • Address - House Number: 4991
  • Address - Street Name: Tarrington
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C031
  • 4-Digit Zip Code: 5553
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,095,872
  • Tax Rate Code Area: 29055

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 524,857
  • High Value: 644,703
  • Low Value: 405,011

    Market Valuation

  • Market Total Value: $402,120
  • Market Land Value: $86,940
  • Market Improvement Value: $315,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,212
  • Assessed Land Value: $8,694
  • Assessed Improvements Value: $31,518

    Sales

  • Current Sale Contract Date: May 27, 2008
  • Current Sale Recording Date: Jun 04, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0815635166
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

1605 ft²

Average Home Age

46.3 years

Currently For Sale

75 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 4716 Amber Circle, Hoffman Estates, IL, 60192

$2,900 /mo

  • 2 Beds
  • 2 Baths
4716 Amber Circle, Hoffman Estates, IL, 60192 Listing by Lisa Ogawa
Unit for rent at 1418 S Barrington Road, IL, 60010

$1,385 /mo

  • 2 Beds
  • 1 Bath
  • 697 ft²
1418 S Barrington Road #301, IL, 60010 Listing by Linda Dalrymple

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Terri Hunt, CSC, RE/MAX Suburban
Data Source: MRED, MLS# MRD06799950
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 4991 Tarrington Drive built and last sold?
The property at 4991 Tarrington Drive was built in 1980 and last sold on May 27, 2008 for $570,000.
How much is this home worth?
The estimated value of the home located at 4991 Tarrington Drive is $679,402.
What are some comparable homes to 4991 Tarrington Drive?
There are currently no comparable homes to 4991 Tarrington Drive.
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