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5887 Chatham Drive

5887 Chatham Drive, Hoffman Estates, IL 60192
Property in Hanover
5887 Chatham Drive in Hoffman Estates, IL was first built in 2007 and is 19 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 200 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5887 Chatham Drive has 3,733 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,752 square feet.

Learn more about the property and building on this page. The roof of the home is made of . For those who need parking, there is a . There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5887 Chatham Drive sold most recently in May 12, 2022 for a total of $525,000. If you work out the math, that's approximately a cost of $140.64 per sqft. Before that, the property was also sold for $545,500 in Sep 25, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,349,372 in taxes each year. 5887 Chatham Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,000. If we break it down further, the land itself was valued at $7,000. Improvements to the property, however, were assessed at a total of $38,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By


Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,752
  • Total Building Area: 3,733
  • Gross Building Area: 3,733
  • Building Area: 3,733
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,733
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEACON POINTE
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804313

Geography

  • District: 18
  • Parcel: 06-05-300-002-0000
  • Lot: 8
  • Municipality: HANOVER
  • Latitude: 42.0617
  • Longitude: -88.233

    Address

  • Full Address: 5887 Chatham Dr
  • Address - House Number: 5887
  • Address - Street Name: Chatham
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: R008
  • 4-Digit Zip Code: 4637
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,349,372
  • Tax Rate Code Area: 18039

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 579,906
  • High Value: 706,101
  • Low Value: 453,712

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $70,000
  • Market Improvement Value: $380,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $38,000

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6165
  • Previous Sale Recording Date: Oct 18, 2007
  • Previous Sale Contract Date: Sep 25, 2007
  • Previous Sale Amount: $545,500
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 5887 Chatham Drive located in?
The 5887 Chatham Drive is a located in the neighborhood of Hanover in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 5887 Chatham Drive?
The average sales price for units in 5887 Chatham Drive is $0 currently.