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Hoffman Estates 60169
545 Flagstaff Lane
$176,000
● House - Off Market

545 Flagstaff Lane

HOFFMAN ESTATES, IL 60169
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,097 Ft²
$285,835
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Dont miss out on a great opportunity to make this one yours! Carpets just cleaned, fresh paint applied and now just waiting for you!  Well kept 3 bedroom 1.1 bath ranch, one car garage but driveway holds 3 more cars.   Great location close to elementary and jr high schools, Woodfield Mall, restaurants, shopping.  Bring your decorating ideas and make this home your own.  Corner lot with shed.  Clean and lovingly kept by long time owner.  Roof approx 12 yrs, a/c 2 yrs, Senior Freeze on taxes.
Unit Size
1,097 Ft²
Days on Market
-
Land Size
-
Price per sqft
$161
Property Type
House
Property Taxes
$104
HOA Dues
-
Year Built
1960

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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 #09568004)

Price History

Date / Event Date Event Price
May 11, 2017 Sold
Premium
Sold
Mar 16, 2017 Listed by Century 21 ABC Schiro $176,900
Listed by Century 21 ABC Schiro

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,247
  • Total Building Area: 1,097
  • Gross Building Area: 1,097
  • Building Area: 1,097
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,097
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES 07
  • Land Acres: 0000000327
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-16-406-001-0000
  • Block: 109
  • Lot: 21
  • Meridian: SEC 16 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0403
  • Longitude: -88.0931

    Address

  • Full Address: 545 Flagstaff Ln
  • Address - House Number: 545
  • Address - Street Name: Flagstaff
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C026
  • 4-Digit Zip Code: 3001
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $670,560
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 316,459
  • High Value: 392,935
  • Low Value: 239,984

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $85,480
  • Market Improvement Value: $174,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $8,548
  • Assessed Improvements Value: $17,452

    Sales

  • Current Sale Contract Date: May 08, 2017
  • Current Sale Recording Date: May 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1713616171
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

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1628 ft²

Average Home Age

44.5 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 86 Allerton Drive, Schaumburg, IL, 60194

$2,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
86 Allerton Drive #86, Schaumburg, IL, 60194 Listing by Fawad Shahid

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Century 21 ABC Schiro
Last Updated: 3 years ago
Data Source: MRED, MLS# 09568004
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 545 Flagstaff Lane built and last sold?
The property at 545 Flagstaff Lane was built in 1960 and last sold on May 8, 2017 for $176,000.
How much is this home worth?
The estimated value of the home located at 545 Flagstaff Lane is $0.
What are some comparable homes to 545 Flagstaff Lane?
There are currently no comparable homes to 545 Flagstaff Lane.
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