ClosedPrice Reduced

$190,000

$194,000
1946 Hancock Drive, Hoffman Estates, IL 60169
2 Beds1 Baths900 sqft10 days
1946 Hancock Drive·Hoffman Estates, IL 60169
2Bedrooms
1Bathrooms
900Sq Ft
1978Year Built
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 well below market at 1350/mo. Expenses for the year are projected to be $8156 including taxes, maintenance, repairs, insurance and management fees. Leases expire in April of 2025. Market rent for this property is approximately $1700/month!

MLS# 12103490Listed July 7, 2024ResidentialSubdivision: Barrington Square
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area900 sqft
Stories1
Year Built1978
Lot SizeCOMMON

Location

CountyCook
TownshipSchaumburg
SubdivisionBarrington Square
Zip Code60169

Financial

List Price$190,000
Original Price$194,000
Price / Sq Ft$211
Annual Taxes (2023)$4,112
Monthly Tax Est.$343
Parcel #07081040281017
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposal

Flooring

Laminate

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

Main LevelGas Dryer HookupIn Unit
Exterior & Lot

Construction

Aluminum SidingVinyl Siding

Roof

Asphalt

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

AssignedOn SiteOwned
HOA & Community
HOA Fee
$185
Monthly

HOA Includes

InsuranceClubhouseExercise FacilitiesPoolExterior MaintenanceLawn CareSnow Removal

Association Amenities

Exercise RoomPoolTennis Court(s)Clubhouse
Schools
Elementary
John Muir Elementary School
District: 54
Middle School
Dwight D Eisenhower Elementary S
District: 23
High School
Palatine High School
District: 211
Tax & Financial
Annual Taxes
$4,112
Tax Year 2023
Monthly Tax Est.
$343
per month
Price per Sq Ft
$211
per square foot
Price Reduced by $4,000
Original list price: $194,000
Property Location

1946 Hancock Drive, Hoffman Estates, IL 60169 — Cook County

$190,000
$211 / sqft
1946 Hancock Drive
2 bd1 ba900 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
10 days on market
COMMON
$4,112/yr taxes
$185 HOA (monthly)
Price reduced $4,000
$1,526
estimated monthly payment
Principal & Interest
$999/mo
Property Tax
$343/mo
HOA
$185/mo
$190,000
20% — $38,000
3%50%
6.875%
3%12%
Loan Amount
$152,000
Down Payment
$38,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Ventures Property Management
Agent: Daniel Katich
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