$135,000
●
Condo -
Off Market
560 MESA Drive #206
Hoffman Estates, IL 60169
1 Bed
1 Bath
$1,176
Est. Monthly
$325
HOA / Fees
11.94%
Cap Rate
About This Property
Beautiful clean condo ready for the new owners. This one bedroom, 1
Bathroom condo located on the 2nd floor has a renovated bathroom
with ceramic surround. Newer carpet throughout, and Vinyl Plank
Flooring in the kitchen. It comes with a generous size two closet
bedroom. Located on a Great Hoffman Estates location close to
Shopping, Commuting, restaurants etc. Easy to show. Make it yours
today! PROPERTY IS BEING SOLD "AS IS"
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$188
HOA Dues
$325
Year Built
-
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Cap Rate Calculator
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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: 2 years ago (MRED MLS #12294228)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Feb 22, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Listed by RE/MAX All Pro | $134,900 | |
| Listed by RE/MAX All Pro | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 2
Parking Features: Assigned, Visitor Parking
Interior Details
Bedrooms: 1
Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Microwave, Refrigerator
Rooms: 4
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 51-60 Years
Rebuilt(Y/N): No
Parcel Number: 07162000461279
Property Type: Residential
Year Built: 1974
Roof: Asphalt
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2023
Tax Annual Amount: $2,260
Tax Exemptions: None
Utilities Details
Cooling: Wall Unit(s)
Heating: Steam, Baseboard
Sewer : Other
Location Details
Township: Schaumburg
Corporate Limits: Hoffman Estates
Directions: RT 58 JUST WEST OF 72 TO HIGGINS VALLEY LN TO MESA DR
County or Parish: Cook
Elementary School District: 54
Elementary School: Lakeview Elementary School
Middle Or Junior School District: 54
Middle Or Junior School: Robert Frost Junior High School
High School District: 211
High School: J B Conant High School
Other Details
Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $325
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/19/2025
|
1 Bed
|
1 Bath
|
-
|
$134,900
1 Bed
1 Bath
|
$135,000
+0.07%
03/24/2025
|
Victor Pelayo
RE/MAX Central Inc.
| |
|
11/11/2024
|
3 Bed
|
2 Bath
|
1080 ft²
|
$199,900
3 Bed
2 Bath
1080 ft²
|
$195,000
-2.45%
12/27/2024
|
Ivan Blanco
Dream Town Real Estate
| |
|
07/01/2020
|
2 Bed
|
1 Bath
|
840 ft²
|
$107,900
2 Bed
1 Bath
840 ft²
|
-
-
|
-
| |
|
04/25/2019
|
3 Bed
|
2 Bath
|
-
|
$127,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
08/15/2017
|
3 Bed
|
2 Bath
|
1200 ft²
|
$135,000
3 Bed
2 Bath
1200 ft²
|
$128,000
-5.19%
10/30/2017
|
Ben Kastein
Advantage Realty Group
|
Building Info
About Hoffman Estates
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Listed by: Victor Pelayo, RE/MAX All Pro
Last Updated: 2 years ago
Data Source: MRED, MLS# 12294228
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12294228
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