8 days on rocket

505 Olive St, Hoffman Estates, IL, 60169

$449,900

Home List Price

$5,343*

Closing Credit

4 Bedrooms
2 Full Baths
2,470 SqFt
$182/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

505 Olive St, Hoffman Estates$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1960
HeatingNatural Gas, Forced Air
CoolingCentral Air
WaterfrontFencing
MLS #12033033
Lot Size0.23 Acres
StatusActive

About 505 Olive St

Welcome home! Beautiful 2 story home with a gorgeous brick paved driveway which continues with a walking path to the back patio with a fire pit! Inside you have so much space with all newer flooring, freshly painted walls,a newly updated kitchen with white cabinets, granite countertops, new stainless steel appliances! The living room is spacious and gets so much natural light! Bonus room off the kitchen can be used as an additional larger bedroom, large office, etc. Bedrooms are all spacious for any size bed. Both bathrooms have been recently updated as well with newer shower door, vanity, faucets, etc. The backyard is perfect for entertaining and enjoying some S'mores at the firepit! Detached garage has AC and newer siding, EV outlet, so much space and clean! Also a shed behind the garage for extra storage space. Already done for you are windows & sliding door (2015), attic insulation (2017), siding (garage too), gutters, soffits, drain tile, 2nd floor furnace (2018), first floor furnace (2019), washer/dryer, solar panels (2022), water lines replaced to all baths, vanities, toilets, showers, kitchen updates, vinyl and carpet, water heater, updated baths, fresh paint (2024) and much more! Great location, close to desirable schools, transport, shopping, dining, entertainment....you don't want to miss out on this one! Sold AS IS but all you have to do is move right in!

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 2,470 SqFt

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (224) 699-5002
  • Listing Agent: Feliberto Salgado

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: No
  • Interior: Wood Laminate Floors, First Floor Laundry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Patio, Brick Paver Patio, Fire Pit

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Virtual/3D Tour

  • 3D Tour: 505 Olive St

3D Tour

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Helen Keller Jr High School, Public District Grades 7-8
  • Lincoln Prairie School, Public District Grades KG-8
  • Lakeview Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Roselle Road South of Higgins to Kingman West to Olive Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $11,006
  • Tax Year: 2019
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Hoffman Estates, IL

City

Med. Sold Price

$355K

Med. Price/SqFt

$199

Avg. Days On Market

20

# of Sold Homes

48

505 Olive St vs Hoffman Estates

8 DAYS ON ROCKET

-12 Days

$449,900

+$94.9K More

$182/SqFt

-$18 Less

KEY TAKEAWAY

This property is $94.9K more than the Median Sold Price and $18/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: #12033033

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (224) 699-5002
  • Listing Agent: Feliberto Salgado

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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: 4/27/2024, 12:45:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 14, 2021Home Sold
$325,500

Tax History

YEARPROP. TAXASSESSMENT
2019$11,006$41,022
2018$8,671$30,030
2017$8,536$30,030

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-1096539
7
/10

  • Lakeview Elementary School

  • 615 Lakeview Ln

  • 0.29 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1096540
9
/10

  • Helen Keller Jr High School

  • 820 Bode Rd

  • 0.65 miles

  • Public District Grades 7-8

school-card-donut-1096541
7
/10

  • Lincoln Prairie School

  • 500 Hillcrest Blvd

  • 1.78 miles

  • Public District Grades KG-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,472. The most common annual income of people living in Hoffman Estates, IL is between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Olive St

What is the listing price of this property?

The listing price of 505 Olive St property is $449,900.

What type of property is this?

The property 505 Olive St is a house located in Hoffman Estates, Illinois, 60169.

Is this property for sale now?

Active Listing: 505 Olive St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 Olive St are:
Lakeview Elementary School: GreatSchools Rating 7/10
Helen Keller Jr High School: GreatSchools Rating 9/10
Lincoln Prairie School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $11,006 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 14, 2021 for $325,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 Olive St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Olive St is 2,470 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Olive St is 1960.

Rocket Homes›Illinois›Cook County›Hoffman Estates›60169›505 Olive St

This home is located at 505 Olive St in Hoffman Estates, IL and zip code 60169. This 2,470 square foot home, which was built in 1960, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $449,900.

In March 2024 more than 26 listings in Hoffman Estates, IL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 18 were sold below. In March 2024 in Hoffman Estates, IL there were 25.2% more homes for sale than in February 2024. While the average time on the market in March 2024 was 20 days, the median list price was $355,000.

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

More Resources