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Hoffman Estates 60192
875 W Firestone Drive
$407,500
● House - Off Market

875 W Firestone Drive

Hoffman Estates, IL 60192
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,578 Ft²
$2,750
Est. Monthly
6.19%
Cap Rate
Unit Size
1,578 Ft²
Days on Market
-
Land Size
-
Price per sqft
$259
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 9,346
  • Total Building Area: 1,578
  • Gross Building Area: 1,578
  • Building Area: 1,578
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,578
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINSTON KNOLLS UNIT2
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (WINSTON)(KNOLLS)(UNIT2) SUB OF PTS SEC. 19,29-30 & SEC 20-42-10

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-20-306-011-0000
  • Block: 6
  • Lot: 11
  • Meridian: SEC 20 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0991
  • Longitude: -88.1012

    Address

  • Full Address: 875 W Firestone Dr
  • Legal Unit: 2
  • Address - House Number: 875
  • Street Direction: W
  • Address - Street Name: Firestone
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C034
  • 4-Digit Zip Code: 1705
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $854,654
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2454
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 376,745
  • High Value: 469,225
  • Low Value: 284,266

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $84,110
  • Market Improvement Value: $265,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $8,411
  • Assessed Improvements Value: $26,589

    Sales

  • Current Sale Contract Date: Apr 04, 2005
  • Current Sale Recording Date: Apr 22, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0511234060
  • Previous Sale Recording Date: Jan 26, 1996
  • Previous Sale Contract Date: Jan 23, 1996
  • Previous Sale Amount: $180,000
  • 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:

$409,900

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1558 ft²

Average Home Age

46.9 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

Unit for rent at 4840 Prestwick Place, Hoffman Estates, IL, 60010

$2,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
4840 Prestwick Place #4840, Hoffman Estates, IL, 60010 Listing by Tasneem Bahrainwala
Unit for rent at 1404 W Sapphire Drive, Hoffman Estates, IL, 60192

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,460 ft²
1404 W Sapphire Drive #1404, Hoffman Estates, IL, 60192 Listing by Zivile Pitkiene

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: AJ Dobson, Kale Realty
Data Source: MRED, MLS# MRD12308518
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 875 West Firestone Drive built and last sold?
The property at 875 West Firestone Drive was built in 1970 and last sold on Apr 4, 2005 for $310,000.
How much is this home worth?
The estimated value of the home located at 875 West Firestone Drive is $0.
What are some comparable homes to 875 West Firestone Drive?
There are currently no comparable homes to 875 West Firestone Drive.
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