When was property at 650 Olive Street built and last sold?

The property at 650 Olive Street was built in 1959 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 650 Olive Street is $301,646.

What are some comparable homes to 650 Olive Street?

There are currently no comparable homes to 650 Olive Street.

Hoffman Estates

60169

650 Olive Street

Sold on Jun 15, 2026

Map

$290,101

● House - Off Market

650 Olive Street

Hoffman Estates, IL 60169

3 Beds

1 Bath, 1 Half Bath

1,092 Ft²

$1,770

Est. Monthly

About This Property

Great opportunity for investors or rehabbers! This 3-bedroom, 1.5-bath home offers tons of potential. Ideal for a fix-and-flip or rental project. Bring your ideas and vision-property is being sold as-is. Don't miss your chance to add value in a growing area!

Unit Size

1,092 Ft²

Days on Market

Land Size

Price per sqft

$275

Property Type

House

Property Taxes

$297

HOA Dues

Year Built

1959

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Property Highlights

Air Conditioning

Garage

Building Info

Overview

General

Year Built: 1959

Effective Year Built: 1959
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
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: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,971

Total Building Area: 1,092
Gross Building Area: 1,092
Building Area: 1,092
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,092
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HOFFMAN ESTATES VII
Land Acres: 0000000252
Standard Land Use Code: 1001
County Land Use Code: 2-03

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804709

Geography

District: 35

Parcel: 07-16-407-022-0000
Block: 96
Lot: 23
Meridian: SEC 16 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0388
Longitude: -88.0917

Address

Full Address: 650 Olive St

Address - House Number: 650
Address - Street Name: Olive
Address - Suffix Type: St
State: IL
City Name: Hoffman Estates
Carrier Code: C026
4-Digit Zip Code: 3244
Zip Code: 60169

Valuation

Tax

Tax Year: 2022

Tax Amount: $589,296
Tax Rate Code Area: 35013

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 332,691
High Value: 408,657
Low Value: 256,724

Market Valuation

Market Total Value: $260,000

Market Land Value: $65,830
Market Improvement Value: $194,170

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $26,000
Assessed Land Value: $6,583
Assessed Improvements Value: $19,417

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Hoffman Estates

Stats & Trends

Median Asking:

$409,950

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

Average Home Size

1597 ft²

Average Home Age

46.7 years

Currently For Sale

77 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

Unit for rent at 85 Marcel Lane, Schaumburg, IL, 60194

$3,400 /mo

2 Beds
2 Baths
2,100 ft²

85 Marcel Lane, Schaumburg, IL, 60194 Listing by Tim Schiller

Unit for rent at 225 Bode Road, Hoffman Estates, IL, 60169

$3,100 /mo

3 Beds
2 Baths
1,205 ft²

225 Bode Road, Hoffman Estates, IL, 60169 Listing by Paresh Shah

Unit for rent at 706 N Point Drive, Schaumburg, IL, 60193

$3,500 /mo

4 Beds
2 Baths
2,351 ft²

706 N Point Drive, Schaumburg, IL, 60193 Listing by Sarah Leonard

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kari Kohler, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12617751

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.

650 Olive Street

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Hoffman Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions