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Hoffman Estates 60169
85 Maricopa Lane
$320,000
● House - Off Market

85 Maricopa Lane

Hoffman Estates, IL 60169
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,515 Ft²
$2,303
Est. Monthly
7.47%
Cap Rate

About This Property

Discover an exceptional listing just seconds away from Schaumburg Golf Club! This inviting single-family ranch, maintained very well by current owners, boasts three spacious bedrooms, two modern bathrooms recently renovated to bring contemporary flair, and a master bedroom that opens to the backyard. Enjoy the convenience of a long heated garage with two car spaces and a work area. Outside, the large backyard with a patio and shed offers the perfect space for outdoor enjoyment and storage. Located in a highly rated school district and just minutes from interstate 290 and 90, this property presents an unparalleled opportunity for comfortable living and easy commuting. Sold As Is
Unit Size
1,515 Ft²
Days on Market
-
Land Size
-
Price per sqft
$224
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1958

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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 #12023698)

Price History

Date / Event Date Event Price
Jun 27, 2024 Sold
Premium
Sold
Apr 15, 2024 Listed by ARNI Realty Incorporated $340,000
Listed by ARNI Realty Incorporated

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,259
  • Lot Size Depth Feet: 810
  • Lot Size Frontage Feet: 1,380
  • Total Building Area: 1,515
  • Gross Building Area: 1,515
  • Building Area: 1,515
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,515
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES IV
  • Land Acres: 0000000259
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HOFFMAN) ESTATES (IV) SUB OF PT SW SEC 15-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804709

Geography

  • District: 35
  • Parcel: 07-15-323-005-0000
  • Block: 57
  • Lot: 5
  • Meridian: SEC 15 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0353
  • Longitude: -88.0818

    Address

  • Full Address: 85 Maricopa Ln
  • Address - House Number: 85
  • Address - Street Name: Maricopa
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C045
  • 4-Digit Zip Code: 3334
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $759,656
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 362,256
  • High Value: 444,732
  • Low Value: 279,779

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $67,550
  • Market Improvement Value: $222,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $6,755
  • Assessed Improvements Value: $22,245

    Sales

  • Current Sale Contract Date: Mar 21, 2013
  • Current Sale Recording Date: May 13, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1313312102
  • Previous Sale Recording Date: Dec 12, 2012
  • Previous Sale Contract Date: Dec 10, 2012
  • Previous Sale Document Type: 64
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:

$410,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1583 ft²

Average Home Age

46.8 years

Currently For Sale

72 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 86 Allerton Drive, Schaumburg, IL, 60194

$2,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
86 Allerton Drive #86, Schaumburg, IL, 60194 Listing by Fawad Shahid
Unit for rent at 852 Dighton Lane N, Schaumburg, IL, 60173

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,488 ft²
852 Dighton Lane N, Schaumburg, IL, 60173 Listing by Mafatlal Patel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dwij Jani, ARNI Realty Incorporated
Last Updated: 3 years ago
Data Source: MRED, MLS# 12023698
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 85 Maricopa Lane built and last sold?
The property at 85 Maricopa Lane was built in 1958 and last sold on Mar 21, 2013 for $185,000.
How much is this home worth?
The estimated value of the home located at 85 Maricopa Lane is $0.
What are some comparable homes to 85 Maricopa Lane?
There are currently no comparable homes to 85 Maricopa Lane.
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