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Hoffman Estates 60010
5035 Lichfield Drive
$325,000
● House - Off Market

5035 Lichfield Drive

Hoffman Estates, IL 60010
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,677 Ft²
$360,499
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Stop the car! Location! Location! Location!  This home backs to a Nature area has a walkout basement, and it is located in Fremd High School!   Enjoy the view from your deck or while sitting on your patio.  The updated kitchen opens to the family room where you will find a cozy fireplace with gas logs.  There is a nice size master bedroom with two closets.    Did I mention award winning Marion Jordan and FREMD High School!?! Walk to Starbucks, Jewel, restaurants. The park is just a few houses down the street and so much more!  Welcome home!
Unit Size
1,677 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
House
Property Taxes
$590
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 #11118205)

Price History

Date / Event Date Event Price
Aug 10, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by RE/MAX Suburban $315,000
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: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Total Building Area: 1,677
  • Gross Building Area: 1,677
  • Building Area: 1,677
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,677
  • 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: 02-18-309-025-0000
  • Block: 3
  • Lot: 25
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1149
  • Longitude: -88.1127

    Address

  • Full Address: 5035 Lichfield Dr
  • Address - House Number: 5035
  • Address - Street Name: Lichfield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C022
  • 4-Digit Zip Code: 5617
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,007,449
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2642
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 372,864
  • High Value: 471,398
  • Low Value: 274,330

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $39,850
  • Market Improvement Value: $300,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $3,985
  • Assessed Improvements Value: $30,015

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2124325064

    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:

$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# 11118205
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 5035 Lichfield Drive built and last sold?
The property at 5035 Lichfield Drive was built in 1978 and last sold on Aug 6, 2021 for $325,500.
How much is this home worth?
The estimated value of the home located at 5035 Lichfield Drive is $0.
What are some comparable homes to 5035 Lichfield Drive?
There are currently no comparable homes to 5035 Lichfield Drive.
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