A spacious five-bedroom, two-bathroom home in the desirable Hoffman Estates neighborhood is available for purchase.This beautifully updated home is move-in ready and appears like new. The main level features a spacious master bedroom with a full walk-in shower and a spacious living/family room ideal for entertaining guests. The kitchen has been completely renovated with brand-new cabinets, appliances, and flooring, which flow out to a large deck overlooking a private backyard, perfect for summer gatherings. A standout feature is the versatile lower level, which has its own separate entrance, two additional bedrooms, and a full bath, offering excellent flexibility for guests, extended family, or rental potential. Additional information includes new hardwood flooring throughout, a detached two-car garage with driveway access, a large patio for outdoor entertaining, and a meticulously maintained, move-in ready condition. Location perks include a top-rated, highly sought-after school district, quick access to I-90 for an easy commute into Chicago or nearby suburbs, and minutes from Woodfield Mall, a premier shopping and dining destination. Come see this beautiful home today!
Active
Price cut: $6K (10/15)
$479,900
501 Lafayette Ln, Hoffman Estates, IL 60169
5beds
2,400sqft
Single Family Residence
Built in 1978
0.25 Acres Lot
$466,200 Zestimate®
$200/sqft
$-- HOA
What's special
Spacious five-bedroom two-bathroom homePrivate backyardNew hardwood flooring throughoutBrand-new cabinetsSpacious master bedroomFull walk-in shower
- 110 days
- 689
- 58
Zillow last checked:
Listing updated:
Listed by:
Ishaq Syed 312-282-9264,
Century 21 Circle
Source: MRED as distributed by MLS GRID,MLS#: 12715771
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom 5, Foyer
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Second
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Second
- Area: 110 Square Feet
- Dimensions: 11X10
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 4
- Features: Flooring (Hardwood)
- Level: Basement
- Area: 168 Square Feet
- Dimensions: 12X14
Bedroom 5
- Features: Flooring (Hardwood)
- Level: Basement
- Area: 169 Square Feet
- Dimensions: 13X13
Dining room
- Features: Flooring (Luxury Vinyl)
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8X8
Family room
- Features: Flooring (Hardwood)
- Level: Second
- Area: 221 Square Feet
- Dimensions: 17X13
Foyer
- Level: Main
- Area: 63 Square Feet
- Dimensions: 9X7
Kitchen
- Features: Flooring (Marble)
- Level: Second
- Area: 204 Square Feet
- Dimensions: 17X12
Laundry
- Features: Flooring (Other)
- Level: Basement
- Area: 192 Square Feet
- Dimensions: 16X12
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 300 Square Feet
- Dimensions: 20X15
Heating
- Has Heating (Unspecified Type)
Cooling
- Zoned
Appliances
- Included: Range, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Trash Compactor, Stainless Steel Appliance(s)
- Laundry: Main Level, Gas Dryer Hookup, Common Area, Sink
Features
- 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath
- Flooring: Hardwood
- Doors: French Doors, Sliding Doors, Storm Door(s)
- Windows: Screens, Insulated Windows
- Basement: Finished,Full,Walk-Out Access
- Attic: Pull Down Stair,Unfinished
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
- Finished area below ground: 900
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Deck, Patio
Lot
- Size: 0.25 Acres
Details
- Parcel number: 07092180180000
- Special conditions: None
- Other equipment: TV-Cable, TV-Dish
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1978
- Major remodel year: 2026
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
HOA
- Services included: None
Location
- Region: Hoffman Estates
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $340,000
- Annual tax amount: $5,178
- Date on market: 7/26/2026
- Ownership: Fee Simple
Estimated market value
$466,200
$443,000 - $490,000
$3,745/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Price change | $479,900-1.2%$200/sqft |
Source:  MRED as distributed by MLS GRID #12715771 Report a problem | ||
| 9/29/2026 | Price change | $485,900-0.8%$202/sqft |
Source: MRED as distributed by MLS GRID #12715771 Report a problem | ||
| 9/11/2026 | Price change | $489,900-2%$204/sqft |
Source: MRED as distributed by MLS GRID #12715771 Report a problem | ||
| 8/26/2026 | Price change | $499,900-2.9%$208/sqft |
Source: MRED as distributed by MLS GRID #12715771 Report a problem | ||
| 8/7/2026 | Price change | $514,900-1.9%$215/sqft |
Source: MRED as distributed by MLS GRID #12715771 Report a problem | ||
| 7/26/2026 | Listed for sale | $524,900+2.9%$219/sqft |
Source: MRED as distributed by MLS GRID #12715771 Report a problem | ||
| 7/25/2026 | Listing removed | $510,000$213/sqft |
Source: MRED as distributed by MLS GRID #12682983 Report a problem | ||
| 6/19/2026 | Listed for sale | $510,000$213/sqft |
Source: MRED as distributed by MLS GRID #12682983 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,911 +5.3% | $34,000 +0% |
| 2023 | $9,416 +3.7% | $33,999 |
| 2022 | $9,082 +21.5% | $33,999 +32.6% |
| 2021 | $7,473 +1.4% | $25,634 |
| 2020 | $7,373 +1.8% | $25,634 -9% |
| 2019 | $7,243 -10.3% | $28,170 -0.1% |
| 2018 | $8,076 +1.6% | $28,203 |
| 2017 | $7,952 +3.8% | $28,203 |
| 2016 | $7,658 +12% | $28,203 +17.9% |
| 2015 | $6,838 +1.5% | $23,912 |
| 2014 | $6,734 +2.9% | $23,912 |
| 2013 | $6,543 -2.6% | $23,912 -9.8% |
| 2012 | $6,717 +3% | $26,498 |
| 2011 | $6,523 +7.3% | $26,498 |
| 2010 | $6,079 -8.6% | $26,498 -21% |
| 2009 | $6,654 +20.9% | $33,547 -4% |
| 2008 | $5,502 +15.4% | $34,945 |
| 2007 | $4,767 -0.7% | $34,945 +21.4% |
| 2006 | $4,801 +0.2% | $28,788 |
| 2005 | $4,790 +5.6% | $28,788 |
| 2004 | $4,534 +8.2% | $28,788 +38.3% |
| 2003 | $4,191 | $20,811 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Highlands
Nearby schools
Schools provided by the listing agent
- Elementary: Winston Churchill Elementary Sch
- Middle: Eisenhower Junior High School
- High: Hoffman Estates High School
- District: 54
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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