505 Olive St
Hoffman Estates, IL 60169
3 bd 3 ba 2,470 sqft Built 1959 Lot 10,010 sqft single_family
Most recent sale
$325,500
Jul 14, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 19, 2024 | Listing removed | — | MRED |
| Apr 18, 2024 | Listed | $449,900 | MRED |
| Apr 4, 2024 | Price changed | $459,900 | MRED |
| Mar 22, 2024 | Listed | $464,900 | MRED |
| Dec 29, 2023 | Listing removed | — | Zumper |
| Dec 22, 2023 | Price changed (rent) | $2,600 | Zumper |
| Dec 16, 2023 | Price changed (rent) | $2,700 | Zumper |
| Nov 28, 2023 | Listed for rent | $2,800 | Zumper |
| Sep 22, 2022 | Listing removed | $2,500 | MRED |
| Aug 30, 2022 | Listed for rent | $2,500 | MRED |
| Jul 14, 2021 | Sold | $325,500 | Public Record |
| Jun 11, 2021 | Sold | $325,100 | MRED |
| Nov 25, 2019 | Listing removed | $329,900 | MRED |
| Nov 17, 2019 | Price changed | $329,900 | MRED |
| Oct 28, 2019 | Listed | $339,900 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $28,994 | $6,006 | $35,000 | $10,740 |
| 2022 | $28,994 | $6,006 | $35,000 | $10,394 |
| 2021 | $32,255 | $4,254 | $36,509 | $11,116 |
| 2020 | $32,255 | $4,254 | $36,509 | $10,930 |
| 2019 | $36,768 | $4,254 | $41,022 | $11,005 |
| 2018 | $26,277 | $3,753 | $30,030 | $8,671 |
| 2017 | $26,277 | $3,753 | $30,030 | $8,536 |
| 2016 | $26,277 | $3,753 | $30,030 | $8,202 |
| 2015 | $21,349 | $3,253 | $24,602 | $7,059 |
| 2014 | $21,349 | $3,253 | $24,602 | $7,762 |
| 2013 | $21,349 | $3,253 | $24,602 | $7,563 |
| 2012 | $2,588 | $3,753 | $6,341 | $1,774 |
| 2011 | $18,081 | $3,753 | $21,834 | $5,279 |
| 2010 | $18,081 | $3,753 | $21,834 | $5,269 |
| 2009 | $21,759 | $4,004 | $25,763 | $4,777 |
| 2007 | $20,431 | $6,406 | $26,837 | $3,810 |
| 2006 | $18,861 | $5,605 | $24,466 | $4,108 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,470 sqft
Lot size
10,010 sqft
ZIP code
60169
City
Hoffman Estates
Street
Olive St
Coordinates
42.03572, -88.09103
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,953
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Olive St last sell?
505 Olive St most recently sold on Jul 14, 2021 for $325,500.
What is the current tax assessment for 505 Olive St?
The most recent total assessment for 505 Olive St (year 2023) is $35,000 with $10,740 in property tax.
How does 505 Olive St's assessment compare to its last sale price?
The current assessment is 89.2% below the last sale price of $325,500.
When was 505 Olive St built?
505 Olive St was built in 1959.
How does 505 Olive St compare to others on Olive St?
We track 8 other properties on Olive St. Browse the list under "Other properties on Olive St" to compare beds, baths, and sale history.
What are the property facts for 505 Olive St?
505 Olive St is a 3 bed, 3 bath, 2,470 sqft, 10,010 sqft lot single_family.
Is 505 Olive St a flip candidate?
No — 505 Olive St does not appear in our flips dataset.
Is 505 Olive St a tax-appeal candidate?
No — 505 Olive St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.7%
Implied 1-yr
+14.9%
2026 Q3
$380.5K
2026 Q4
$391.9K
ZIP 60169 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Olive St