1811 Marquette Lane Unit 5561
Hoffman Estates, IL 60169

Status: Sold
Townhouse or Condo
2 beds
1 baths
1,000 sq.ft
Listing Price: $199,000
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About this home

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

Interior Features
Additional Rooms None
Square Feet 1,000
Square Feet Source Estimated
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 2
Bedrooms Possible 2
Disability Access and/or Equipped No
Baths FULL Count 1
Baths Count 2
Baths Half Count 1
LaundryFeatures In Unit
Total Rooms 5
Floor Level 2
Rooms
room 1
Level N/A
room 2
Level N/A
room 3
Level N/A
room 4
Level N/A
room 5
Level N/A
room 6
Level N/A
room 7
Level N/A
room 8
Level N/A
room 9
Level N/A
room 10
Level N/A
room 11
Type Bedroom 2
Level Second
Dimensions 12X10
room 12
Type Bedroom 3
Level N/A
room 13
Type Bedroom 4
Level N/A
room 14
Type Dining Room
Level Main
Dimensions COMBO
Flooring Wood Laminate
room 15
Type Family Room
Level N/A
room 16
Type Kitchen
Level Main
Dimensions 16X12
Flooring Wood Laminate
room 17
Type Laundry
Level Main
Dimensions 3X3
room 18
Type Living Room
Level Main
Dimensions 18X12
Flooring Wood Laminate
room 19
Type Master Bedroom
Level Second
Dimensions 16X11
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 41-50 Years
Approx Year Built 1978
Parking Total 1
Driveway Asphalt
Exterior Building Type Vinyl Siding
Exterior Property Features Patio
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Attached
Parking Spaces Count 1
Parking Garage
Rehab Year 2012
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air
Area Major Hoffman Estates
Corporate Limits Hoffman Estates
Directions Higgins to Governors to Abbey to Abbey Wood to Marquette to home.
Electricity 100 Amp Service
Equipment CO Detectors, Ceiling Fan(s)
Elementary Sch Dist 54
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 211
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 54
Subdivision Barrington Square
Township Schaumburg
Property / Lot Details
Lot Dimensions COMMON
Lot Size Source County Records
Number of Stories 2
Ownership Condo
Number Of Units in Building 4
Type Attached Townhouse-2 Story
Property Type Attached Single

Financials

Financing Conventional
LeaseExpiration 05/31/2022
Investment Profile Residential

Tax/Assessments/Liens

Master Association Fee($) $199
Frequency Monthly
Assessment Includes Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Master Association Fee Frequency Not Required
PIN 07081040281053
Special Assessments N
Taxes $4,418
Tax Exemptions None
Tax Year 2023
$199,000 Listing Price:
MLS # 12103488
Investment Profile Residential
Listing Market Time 78 days
Basement None
Number of Units in Building 4
Type Attached Townhouse-2 Story
Parking Garage
Pets Allowed Cats OK, Dogs OK
List Date 07/07/2024
Year Built 1978
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