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Hoffman Estates 60169
575 Olive Street
$525,000
● House - Off Market

575 Olive Street

Hoffman Estates, IL 60169
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,773 Ft²
$3,073
Est. Monthly

About This Property

Remarkable 1 story home updated to perfection within 6 years.    4 bedrooms & 2.5 baths on the main floor. Partial, finished basement with an additional 5th bedroom and family room. Open floor plan.  Spacious, modern kitchen with huge island open to living room and dining room. Upgraded appliances in the kitchen include commercial grade 6 burners, stove, & beverage cooler. Quartz countertops & marble backsplash. Water filter throughout whole house.  All bathrooms remodeled in the last few years. Master bath features a double sink, custom shower, heated flooring & expensive Woodbridge Smart toilet/bidet. Smart home technology with wired internet connection in every room. Includes a Nest thermostat and Ring doorbell and cameras. Huge living room with built-in shelving, electric fireplace, recess lighting, and built-in speakers. Real oak, stained hardwood floors throughout the main floor (except kitchen).  Beautiful wainscoting on the walls. All doors replaced. All closets include built-in organizers. Custom-built mudroom.  2 separate heating & cooling systems for your comfort.  Oversized 1 car garage features epoxy flooring. Beautiful patio in the back with custom-built pergola. New Shed (2025).  New, wider driveway replaced in 2025. Custom-built front fence with gate replaced in 2018. All window treatments and blinds included.  Amazing house. Completely ready to move in, just waiting for lucky buyers!
Unit Size
1,773 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$273
Property Type
House
Property Taxes
$691
HOA Dues
-
Year Built
1960

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 10,010
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,773
  • Gross Building Area: 1,773
  • Building Area: 1,773
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,773
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES VII
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HOFFMAN)(ESTATES)(VII) SUB OF PT SE SEC 16-41-10

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-16-415-002-0000
  • Block: 99
  • Lot: 13
  • Meridian: SEC 16 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0368
  • Longitude: -88.0911

    Address

  • Full Address: 575 Olive St
  • Address - House Number: 575
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C047
  • 4-Digit Zip Code: 3112
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $759,686
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 369,972
  • High Value: 444,559
  • Low Value: 295,385

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $60,060
  • Market Improvement Value: $229,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $6,006
  • Assessed Improvements Value: $22,994

    Sales

  • Current Sale Contract Date: Aug 05, 2015
  • Current Sale Recording Date: Aug 19, 2015
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 1523139197
  • Previous Sale Recording Date: Jul 27, 1994
  • Previous Sale Contract Date: Jul 14, 1994
  • Previous Sale Amount: $136,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hoffman Estates


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 115 Princeton Street, Hoffman Estates, IL, 60169

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,515 ft²
115 Princeton Street, Hoffman Estates, IL, 60169 Listing by Arlyn Tratt
Unit for rent at 670 Hill Drive, Hoffman Estates, IL, 60194

$1,800 /mo

  • 2 Beds
  • 1 Bath
670 Hill Drive #5109, Hoffman Estates, IL, 60194 Listing by Asim Ali
Unit for rent at 616 Grace Lane, Schaumburg, IL, 60193

$3,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,452 ft²
616 Grace Lane, Schaumburg, IL, 60193 Listing by Dorothy Zielinski


Frequently Asked Questions

When was property at 575 Olive Street built and last sold?
The property at 575 Olive Street was built in 1960 and last sold on Aug 5, 2015 for $0.
How much is this home worth?
The estimated value of the home located at 575 Olive Street is $0.
What are some comparable homes to 575 Olive Street?
There are currently no comparable homes to 575 Olive Street.