501 Lafayette Lane, Hoffman Estates, IL 60169
Cook County
Key Facts
Description
This fully updated, 5-bedroom, 2-bathroom Hoffman Estates home is entirely move-in ready and looks like new. It features a versatile lower level with a separate entrance, 2 bedrooms, and 1 full bath, perfect for guests. The property is priced for a quick sale and in high demand. Property Highlights Spacious Layout: 5 generous bedrooms and 2 full, beautifully updated bathrooms. Lower-Level Suite: Includes 2 bedrooms, 1 full bath, and a completely private entrance, offering excellent flexibility. Modern Upgrades: Features brand-new appliances and updated bathrooms. The home has been meticulously maintained and shines like a brand-new build. Ready to Move In: All maintenance and updates are complete; simply unpack and settle in. Prime Location & Community Highly Sought-After Schools: Located in a top-rated, desirable school district. Convenient Commuting: Unbeatable access to I-90 for quick trips into Chicago or the suburbs. Shopping & Dining: Just minutes from major retail stores and premier shopping at Woodfield Mall. 3 minute drive from i90 10 minute drive from Woodfield Mall 10 minute drive from i90 and i290 20 minutes from O'Hare International Airport
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1962
Living Area
1,924 sq ft
Lot Size
0.25 acres
Lot Dimensions
0.25
Garage Spaces
2
Parking Spaces
2
Ownership
Fee Simple
Days on Market
20
MLS® Listing#
12682983
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Construction
Foundation
Roof
Community
Utilities
Sewer
Rooms
- 9X7Main
- Bedroom 211X10Second
- Bedroom 310X10Second
- Bedroom 412X14
- Bedroom 513X13
- Dining Room
- Family Room17X13Second
- Kitchen17X12Second
- Laundry16X12
- Living Room20X15Main
- Master Bedroom13X11Second
Schools
- Elementary:
- Winston Churchill Elementary Sch
- Middle:
- Eisenhower Junior High School
- High:
- Hoffman Estates High School
- District:
- Hoffman Estates High School
Financial Details
Annual Taxes
$5,179
Tax year 2025
Parcel Number
07092180180000
Directions
Corner property, navigation leads to front door
Affordability Calculator
$102,000
Estimated monthly payment
$2,714/mo
Principal $408,000 · Est. interest $569,196 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hoffman Estates, IL
- $433,333
- Median Listing Price
- 32
- Median Days on Market
- 1,867
- Median Sq Ft
- $251
- Median Price / Sq Ft
- 71
- Active Listings
- This home’s price is 18% above the area median.
- Its price per sq ft is 6% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hoffman Estates, IL.
Location
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Points of Interest in Hoffman Estates, IL
Showing the Hoffman Estates area map.
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 670 Lakeview Lane, Hoffman Estates, IL | $399,000 | 4 | 2 | 1,390 |
| 60 ARIZONA Lane, Hoffman Estates, IL | $439,000 | 4 | 3 | 2,205 |
| 1355 Devonshire Lane, Hoffman Estates, IL | $475,000 | 4 | 2 | 1,850 |
| 1275 Rosedale Lane, Hoffman Estates, IL | $498,900 | 4 | 3 | 1,890 |
| 1120 Concord Lane, Hoffman Estates, IL | $499,900 | 4 | 2 | 1,929 |
| 1312 W Oakmont Road, Hoffman Estates, IL | $534,900 | 4 | 2 | 2,040 |
Moving Cost Estimate
EXIT Agents in Hoffman Estates
Listing Courtesy: Circle One Realty - (630) 862-5181
Last Updated: 2026-06-19