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Hoffman Estates 60192
775 Suffolk Court
$280,000
● House - Off Market

775 Suffolk Court

Hoffman Estates, IL 60192
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,546 Ft²
$356,977
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Highest and best by Tuesday 11/24 at 10 AMHoffman Estates! Incredible investment opportunity! Convenient open layout with master suite with full bath! Full finished basement! 2 car attached garage with fenced in backyard! Desirable location- close to schools, parks, shops, restaurants and more! HURRY! THIS OPPORTUNITY WILL GO FAST! Selling as is.
Unit Size
1,546 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$178
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MRED MLS #10937705)

Price History

Date / Event Date Event Price
Jan 12, 2021 Sold
Premium
Sold
Nov 19, 2020 Listed by Grandview Realty, LLC $274,900
Listed by Grandview Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 10,780
  • Total Building Area: 1,546
  • Gross Building Area: 1,546
  • Building Area: 1,546
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,546
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINSTON KNOLLS UNIT3
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (WINSTON)(KNOLLS)(UNIT3) SUB OF PTS. SECS 20,29-30 & SEC 19-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804105

Geography

  • District: 29
  • Parcel: 02-20-310-020-0000
  • Block: 13
  • Lot: 20
  • Meridian: SEC 19 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0966
  • Longitude: -88.0992

    Address

  • Full Address: 775 Suffolk Ct
  • Legal Unit: 3
  • Address - House Number: 775
  • Address - Street Name: Suffolk
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C020
  • 4-Digit Zip Code: 1406
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $972,362
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 385,221
  • High Value: 469,882
  • Low Value: 300,559

    Market Valuation

  • Market Total Value: $328,150
  • Market Land Value: $97,020
  • Market Improvement Value: $231,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,815
  • Assessed Land Value: $9,702
  • Assessed Improvements Value: $23,113

    Sales

  • Current Sale Contract Date: Dec 17, 2020
  • Current Sale Recording Date: Mar 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2107117268
  • Previous Sale Recording Date: Jan 26, 2021
  • Previous Sale Contract Date: Nov 12, 2020
  • Previous Sale Amount: $214,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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

1594 ft²

Average Home Age

44.3 years

Currently For Sale

80 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 1589 Bicek Drive, Hoffman Estates, IL, 60192

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
1589 Bicek Drive, Hoffman Estates, IL, 60192 Listing by Simon Liang

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 10937705
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 775 Suffolk Court built and last sold?
The property at 775 Suffolk Court was built in 1971 and last sold on Dec 17, 2020 for $280,000.
How much is this home worth?
The estimated value of the home located at 775 Suffolk Court is $0.
What are some comparable homes to 775 Suffolk Court?
There are currently no comparable homes to 775 Suffolk Court.
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