1198 Monarch Ln
Hoffman Estates, IL 60192
- 4 Beds
- 3.5 Baths
- 1,762 sqft
4 Beds
3.5 Baths
1,762 sqft
Home Value
Trulia Estimate
$511KSince last month
Decreased$4K (-0.8%)Since last year
Increased$48K (+10.3%)Since last sale
Increased$86K (+20.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +49% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $511K |
| July 2026 | $515K |
| June 2026 | $519K |
| May 2026 | $522K |
| April 2026 | $515K |
| March 2026 | $514K |
| February 2026 | $491K |
| January 2026 | $484K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $461,000 | 05/06/26 | 3 | 2.5 | 1,751 | |
0.07 | Single-Family Home | $505,000 | 07/10/26 | 3 | 2.5 | 1,771 | |
0.16 | Single-Family Home | $452,500 | 11/07/25 | 3 | 2.5 | 1,751 | |
0.21 | Single-Family Home | $553,000 | 07/14/26 | 4 | 2.5 | 1,942 | |
0.12 | Single-Family Home | $399,000 | 11/18/25 | 3 | 2 | 1,779 | |
0.17 | Single-Family Home | $465,000 | 03/30/26 | 3 | 2.5 | 1,825 | |
0.15 | Single-Family Home | $520,000 | 04/17/26 | 3 | 2.5 | 1,803 | |
0.05 | Single-Family Home | $415,000 | 09/05/25 | 3 | 2 | 1,429 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $400,400 | 3 | 2 | 1,429 | Off Market | |
0.04 | $552,300 | 3 | 2.5 | 2,458 | Off Market | |
0.05 | $484,000 | 3 | 2.5 | 1,751 | Off Market | |
0.03 | $556,000 | 4 | 2.5 | 1,871 | Off Market | |
0.05 | $445,500 | 3 | 2 | 1,429 | Off Market | |
0.06 | $461,000 | 3 | 2.5 | 1,751 | Recently Sold | |
0.07 | $547,400 | 3 | 2.5 | 1,803 | Off Market | |
0.07 | $505,000 | 3 | 2.5 | 1,771 | Recently Sold | |
0.07 | $490,300 | 3 | 2.5 | 1,772 | Off Market | |
0.11 | $403,000 | 3 | 2 | 1,167 | Off Market | |
0.07 | $561,600 | 3 | 2.5 | 1,772 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1986
Living Area
1,762 sqft
Price/Sqft
$290
Parking
2 Car Garage
HOA
None
About this House
Stunning contemporary home, perfect for a growing family! The finished basement boasts a fourth bedroom with a walk-in closet, a full bath, a recreation area, and a small office with sleek laminate floors. The first floor features laminate floors, a vaulted ceiling in the living/dining room, and a kitchen with modern stainless-steel appliances (2016) and maple cabinets. Enjoy direct access to the patio through an all-new sliding glass door and fenced backyard. Updates include a newer furnace with a whole-house humidifier (2016), new foam insulation in two attics, a master bathroom with a new Pergo floor and vanity, and all-new windows. The home has windows with faux wood blinds, disposal (2018), water heater, and a sump pump with battery backup (2016). Experience comfort with a new A/C in 2022. Excellent schools and convenient location - act quickly, this gem won't last!
1198 Monarch Ln, Hoffman Estates, IL 60192 is a 4 bedroom, 4 bathroom, 1,762 sqft single-family home built in 1986. It last sold for $425,000 on Jan 31, 2024 (2% below the $435,000 asking price). It is currently off market. The Trulia Estimate is $510,800, with a rent estimate of $3,096/month.
Last check for updates: about 15 hours ago
Listed by Teresa Hanrahan, (219) 771-1958
Coldwell Banker Realty
Bought with: Mary Braatz, ABR,CRS,GRI, (630) 258-7677, RE/MAX Enterprises
Source: MRED as distributed by MLS GRID, MLS#11928154

Home Details for 1198 Monarch Ln
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MLS Status: Closed |
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Interior Details Basement: Finished,FullNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Recreation Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1762 Square Feet |
Appliances & Utilities Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, HumidifierDishwasherDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Spa |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Laminate |
Levels, Entrance, & Accessibility Stories: 2Accessibility: No Disability AccessFloors: Laminate |
View No View |
Security Security: Carbon Monoxide Detector(s) |
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Exterior Home Features Roof: AsphaltPatio / Porch: DeckFencing: FencedFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Concrete,Garage Door Opener,Garage,On Site,Garage Owned,Attached |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1986 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Colonial |
Building Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 02192310120000 |
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Price List Price: $435,000 |
Status Change & Dates Off Market Date: Mon Dec 11 2023Possession Timing: Close Of Escrow |
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Direction & Address City: Hoffman EstatesCommunity: Meadow Walk |
School Information Elementary School: Frank C Whiteley Elementary SchoElementary School District: 15Jr High / Middle School: Plum Grove Junior High SchoolJr High / Middle School District: 15High School: Wm Fremd High SchoolHigh School District: 211 |
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Community Features: Park, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved |
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HOA Fee Includes: None |
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Lot Area: 6799.716 sqft |
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Special Conditions: None |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 11928154Attic: Pull Down Stair |
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ParkTennis Court(s)LakeCurbsSidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 31, 2024 Source: MRED as distributed by MLS GRID #11928154 | Sold | $425,000 |
Dec 12, 2023 Source: MRED as distributed by MLS GRID #11928154 | Contingent | $435,000 |
Dec 10, 2023 Source: MRED as distributed by MLS GRID #11928154 | PriceChange | $435,000 Price decreased by 3% |
Dec 1, 2023 Source: MRED as distributed by MLS GRID #11928154 | Listed For Sale | $449,900 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Jul 12, 2016 Source: MRED as distributed by MLS GRID #09193564 | Sold | $345,000 |
May 16, 2016 Source: N/A | Pending | $354,900 |
Apr 29, 2016 Source: N/A | PriceChange | $354,900 Price decreased by 1% |
Mar 23, 2016 Source: N/A | PriceChange | $357,900 Price decreased by 1% |
Mar 14, 2016 Source: N/A | Listed For Sale | $359,900 |
Sep 24, 1999 Source: N/A | Sold | $219,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $9,482 | $326,310 |
Home facts updated by county records
Market trends in Hoffman Estates
Last updated July 2026
Avg. sale price
$410K
$11.67KMoM
Sale-to-List Price
100.2%
Price per sq ft
$243
$1MoM
Available listings
116
27MoM
Around this home
What Locals Say about Hoffman Estates
At least 307 Trulia users voted on each feature.
91 % Say there are sidewalks
89 % Say it's dog friendly
89 % Say car is needed
79 % Say parking is easy
79 % Say kids play outside
73 % Say there's holiday spirit
71 % Say it's quiet
70 % Say people would walk alone at night
64 % Say yards are well-kept
62 % Say streets are well-lit
59 % Say there's wildlife
55 % Say they plan to stay for at least 5 years
50 % Say neighbors are friendly
47 % Say it's walkable to grocery stores
46 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
Frequently asked questions about 1198 Monarch Ln
- What is 1198 Monarch Ln estimated to be worth?Trulia's estimated value for 1198 Monarch Ln in Hoffman Estates, IL is $510,800.
- What is the price history for 1198 Monarch Ln?1198 Monarch Ln in Hoffman Estates, IL last sold for $425,000 in January 2024.
- Is Hoffman Estates a buyer's or seller's market?Hoffman Estates is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Hoffman Estates?The median sale price in Hoffman Estates is $410K. That is up $11.67K from the prior month.
- Does 1198 Monarch Ln have air conditioning?Yes, 1198 Monarch Ln in Hoffman Estates, IL has air conditioning.
- Does 1198 Monarch Ln have laundry facilities?Yes, 1198 Monarch Ln in Hoffman Estates, IL has in-unit laundry.

