605 Hill Drive #206
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by Rose Realty LLC | $149,500 | |
| Listed by Rose Realty LLC | |||
| | |||
|
Move-In Ready or Ideal Investment! Updated 1BR Condo in Hoffman Estates Don't miss this beautifully updated 1-bedroom, 1-bath condo located on the 2nd floor in the sought-after Steeple Hill subdivision of Hoffman Estates! Featuring new appliances, new laminate flooring, brand new cabinets, and a remodeled bathroom, this unit is ready for you to move in-or start earning rental income immediately in this investor-friendly community. Enjoy a spacious living and dining area, a large bedroom with ample closet space, and your own private balcony. The building includes common area laundry, a storage locker, and bike storage for added convenience. Low monthly assessments cover heat, water, insurance, pool access, scavenger service, and snow removal-providing great value and peace of mind. Healthy reserves and a well-maintained property make this a smart buy. Additional highlights: Assigned parking space #12-3 Outdoor pool and community clubhouse Excellent school district Minutes from I-90, Woodfield Mall, shopping, dining, parks, and a scenic lake Vibrant park district and nearby library This is a perfect opportunity for first-time buyers or savvy investors. Schedule your showing today!
| |||
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by RE/MAX Premier | $119,000 | |
| Listed by RE/MAX Premier | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/22/2025
|
1 Bed
|
1 Bath
|
750 ft²
|
$149,500
1 Bed
1 Bath
750 ft²
|
$142,000
-5.02%
07/15/2025
|
Yasar Senlik
Rose Realty LLC
| |
|
07/06/2023
|
1 Bed
|
1 Bath
|
750 ft²
|
$119,000
1 Bed
1 Bath
750 ft²
|
$111,000
-6.72%
10/06/2023
|
Andy Kordic
RE/MAX Premier
| |
|
06/15/2023
|
3 Bed
|
2 Bath
|
1119 ft²
|
$159,000
3 Bed
2 Bath
1119 ft²
|
$164,000
+3.14%
08/31/2023
|
Elvia Torres
YUB Realty Inc
| |
|
08/27/2020
|
2 Bed
|
1 Bath
|
-
|
$107,900
2 Bed
1 Bath
|
$102,201
-5.28%
10/07/2020
|
James Brown
Legacy Properties, A Sarah Leonard Company, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017