2 months on rocket

Backup Offers

1811 Marquette Ln Unit 5561, Hoffman Estates, IL, 60169

$199,000

Home List Price

$2,363*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,000 SqFt
$199/SqFt
Townhouse

Location

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1811 Marquette Ln Unit 5561, Hoffman Estates$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
Attached Garage1 space
Year Built1978
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #12103488
StatusAccepting Backup Offers
(Contingent)

About 1811 Marquette Ln Unit 5561

Buyer's financing fell through! They missed out on a great long-term investment opportunity that can now be yours! I'm a private investor and an Illinois licensed real estate broker that owns several rental properties in the Chicago Suburbs. I am selling this property to purchase a multi-unit. Professionally managed and would be a turn key investment. Current rent is 1325/mo. Expenses for the year are projected to be $9067 including taxes, maintenance, repairs, insurance and management fees. Lease expires in April of 2025. Market rent for this property is approximately $1700/month!

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 2
  • Living Area: 1,000 SqFt

Listing Office:

  • Office Name: Ventures Property Management
  • Office Phone: (847) 361-9075
  • Listing Agent: Daniel Katich

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Dwight D Eisenhower Jr High School, Public District Grades 7-8
  • Lincoln Prairie School, Public District Grades KG-8
  • John Muir Literacy Academy, Public District Grades PK-6

Other

Directions Information:

  • Directions: Higgins to Governors to Abbey to Abbey Wood to Marquette to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $199/SqFt

HOA Fees:

  • Amount: $199
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Hoffman Estates, IL.

Med. Sold Price

$362.5K

Med. Price/SqFt

$207

Avg. Days On Market

15

# of Sold Homes

51

1811 Marquette Ln Unit 5561 vs Hoffman Estates

71 DAYS ON ROCKET

+56 Days

$199,000

-$163.5K Less

$199/SqFt

-$8 Less

KEY TAKEAWAY

This property is $163.5K less than the Median Sold Price and $8/SqFt less than other homes in Hoffman Estates, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12103488

Listing Office:

  • Office Name: Ventures Property Management
  • Office Phone: (847) 361-9075
  • Listing Agent: Daniel Katich

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/16/2024, 2:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,260

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2317630
8
/10
  • John Muir Literacy Academy

  • 1973 Kensington Ln

  • 0.19 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2317631
7
/10
  • Dwight D Eisenhower Jr High School

  • 800 Hassell Rd

  • 1.44 miles

  • Public District Grades 7-8

school-card-donut-2317632
7
/10
  • Lincoln Prairie School

  • 500 Hillcrest Blvd

  • 1.91 miles

  • Public District Grades KG-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,119. The majority of Hoffman Estates, IL residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1811 Marquette Ln Unit 5561

What is the listing price of this property?

The listing price of 1811 Marquette Ln Unit 5561 property is $199,000.

What type of property is this?

The property 1811 Marquette Ln Unit 5561 is a townhouse located in Hoffman Estates, Illinois, 60169.

Is this property for sale now?

Accepting Backup Offers: 1811 Marquette Ln Unit 5561 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1811 Marquette Ln Unit 5561 are:
John Muir Literacy Academy: GreatSchools Rating 8/10
Dwight D Eisenhower Jr High School: GreatSchools Rating 7/10
Lincoln Prairie School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 1811 Marquette Ln Unit 5561 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1811 Marquette Ln Unit 5561 is 1,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1811 Marquette Ln Unit 5561 is 1978.

Rocket Homes›Illinois›Cook County›Hoffman Estates›60169›1811 Marquette Ln Unit 5561

This home is located at 1811 Marquette Ln Unit 5561 in Hoffman Estates, IL and zip code 60169 in the Barrington Square neighborhood. This 1,000 square foot home was built in 1978. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 07, 2024 and is currently priced at $199,000.

Over 23 listings were sold over their listed price in August 2024 in Hoffman Estates, IL. In the same period over 19 listings were sold below the listed price and 9 listings were sold for the listed price. The number of listings in Hoffman Estates, IL decreased by 1.8% between July 2024 and August 2024. In August 2024, listings were on the market for 15 days. During the same period, the median list price in this real estate market was $362,500.

From Rocket Homes Real Estate and based on county public records data.

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