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Hoffman Estates 60192
6075 Frank Drive
$365,000
● House - Off Market

6075 Frank Drive

HOFFMAN ESTATES, IL 60192
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,168 Ft²
$594,959
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

HIGHLY UPGRADED AND METICULOUSLY KEPT HOME PERCHED ATOP A PREMIUM OVERSIZED LOT THAT OFFERS A FULL FINISHED ENGLISH LOOKOUT BASEMENT WITH UPGRADED 9' CEILINGS. THIS HOME SHOWS LIKE A MODEL. NEW WITHIN 3 YEARS: FURNACE AND A/C, HUMIDIFIER, FRENCH DOOR REFRIGERATOR, WASHER/DRYER, AND GARAGE DOOR. VAULTED MASTER SUITE, MAPLE HARDWOOD THROUGHOUT FIRST FLOOR, UPGRADED CABINETS, CORIAN TOPS AND AN IMMENSE STAMPED CONCRETE PATIO. MAIN LEVEL OFFERS GENEROUS FORMAL SPACES, VAULTED FAMILY OPEN TO KITCHEN AND SECOND FLOOR BALCONY, AND A FIRST FLOOR DEN/5TH BEDROOM. BEAUTIFULLY FINISHED BASEMENT INCLUDES ADDITIONAL FULL BATH.
Unit Size
3,168 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$115
Property Type
House
Property Taxes
$767
HOA Dues
$25
Year Built
2001

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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: 3 years ago (MRED MLS #09499062)

Price History

Date / Event Date Event Price
Apr 5, 2017 Sold
Premium
Sold
Feb 9, 2017 Listed by RE/MAX of Barrington $364,900
Listed by RE/MAX of Barrington

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,150
  • Total Building Area: 3,168
  • Gross Building Area: 3,168
  • Building Area: 3,168
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,168
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANTERBURY FARMS
  • Land Acres: 0000000256
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804403

Geography

  • District: 18
  • Parcel: 06-08-107-017-0000
  • Lot: 79
  • Meridian: SEC 08 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0539
  • Longitude: -88.2399

    Address

  • Full Address: 6075 Frank Dr
  • Address - House Number: 6075
  • Address - Street Name: Frank
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C003
  • 4-Digit Zip Code: 4592
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,126,847
  • Tax Rate Code Area: 18039

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 499,064
  • High Value: 594,569
  • Low Value: 403,559

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $78,050
  • Market Improvement Value: $331,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $7,805
  • Assessed Improvements Value: $33,195

    Sales

  • Current Sale Contract Date: Mar 21, 2017
  • Current Sale Recording Date: Apr 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1709615030
  • Previous Sale Recording Date: Jan 25, 2002
  • Previous Sale Contract Date: Dec 19, 2001
  • Previous Sale Amount: $413,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: UNK
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:

$415,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1571 ft²

Average Home Age

43.5 years

Currently For Sale

73 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

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MRED

Listed by: , RE/MAX of Barrington
Last Updated: 3 years ago
Data Source: MRED, MLS# 09499062
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 6075 Frank Drive built and last sold?
The property at 6075 Frank Drive was built in 2001 and last sold on Mar 21, 2017 for $365,000.
How much is this home worth?
The estimated value of the home located at 6075 Frank Drive is $0.
What are some comparable homes to 6075 Frank Drive?
There are currently no comparable homes to 6075 Frank Drive.
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