245 Frederick Ln, Hoffman Estates, IL 60169
Property image
Property image
OFF MARKET

$481,100

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,465 sqft (on 0.27 acres)

245 Frederick Ln, Hoffman Estates, IL 60169

Highlands
Est. Refi. Payment $3,525/mo*
Refinance Your Home
Currently Off Market - Sold Dec 3, 2021 for $302,500

Home Value

Trulia Estimate
$481K
Since last month
Increased$2K (+0.5%)
Since last year
Increased$3K (+0.7%)
Since last sale
Increased$180K (+59.3%)
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 +57% in the last 10 years
MonthEstimated value
2026
September 2026$482K
August 2026$480K
July 2026$494K
June 2026$501K
May 2026$507K
April 2026$498K
March 2026$488K
February 2026$467K
January 2026$462K
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
0.20
Single-Family Home
$260,000
07/22/26
4
2
2,122
0.21
Single-Family Home
$315,000
05/19/26
3
2
1,611
0.10
Single-Family Home
$380,500
10/02/25
3
1.5
1,392
0.36
Single-Family Home
$495,000
08/10/26
4
3
1,930
0.14
Single-Family Home
$421,000
06/30/26
3
1.5
1,237
0.43
Single-Family Home
$425,000
05/15/26
4
2
1,806
0.32
Single-Family Home
$449,900
02/12/26
4
2
1,392
0.29
Single-Family Home
$427,000
05/18/26
3
2
1,576
0.38
Single-Family Home
$370,000
07/24/26
4
1.5
1,300
0.46
Single-Family Home
$435,000
11/25/25
4
1.5
1,970

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
0.02
$361,300
3
2
1,237
Off Market
0.09
$275,400
2
1.5
1,150
Off Market
0.09
$216,700
1
1
910
Off Market
0.09
$251,500
2
1
1,000
Off Market
0.07
$394,100
3
2
1,079
Off Market
0.08
$373,900
3
1.5
-
Off Market
0.10
$402,000
3
1.5
1,392
Off Market
0.14
$338,600
3
1.5
-
Off Market
0.11
$423,500
3
2
1,231
Off Market
0.13
$422,500
3
2
1,079
Off Market
0.15
$500,100
4
3
2,526
Off Market
0.14
$532,000
4
2
-
Recently Sold

Local Information

  • Map ViewExplore the area around 245 Frederick Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1962
0.27 acre lot
2,465 sqft
$195/sqft
Garage

About this House

This single-family home is located at 245 Frederick Ln, Hoffman Estates, IL. 245 Frederick Ln is in the Highlands neighborhood in Hoffman Estates, IL and in ZIP code 60169. This property has 5 bedrooms, 3 bathrooms and approximately 2,465 sqft of floor space. This property has a lot size of 0.27 acres and was built in 1962.
245 Frederick Ln, Hoffman Estates, IL 60169 is a 5 bedroom, 3 bathroom, 2,465 sqft single-family home in Highlands, built in 1962. It last sold for $302,500 on Dec 3, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $481,100, with a rent estimate of $3,792/month.

Home Details for 245 Frederick Ln

Interior Features

Interior Details
BasementNumber of Rooms: 8
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: StoneFoundation Type: Slab
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Single Family HomeArchitecture: split level

Community

Units in Building: 1

Lot Information

Lot Area: 0.27 acres

Price and Tax history

DateEventPrice
Dec 3, 2021
Source: MRED as distributed by MLS GRID #11150200
Sold
$302,500
Nov 22, 2021
Source: MRED as distributed by MLS GRID #11150200
Pending
$330,000
Oct 18, 2021
Source: MRED as distributed by MLS GRID #11150200
Contingent
$330,000
Oct 7, 2021
Source: MRED as distributed by MLS GRID #11150200
PriceChange
$330,000
Price decreased by 1%
Sep 23, 2021
Source: MRED as distributed by MLS GRID #11150200
PriceChange
$335,000
Price decreased by 1%

Market trends in Hoffman Estates

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$408K
$1.33K
MoM
Sale-to-List Price
100.6%
0.5%
MoM
Price per sq ft
$241
$4
MoM
Available listings
105
11
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Highlands

At least 22 Trulia users voted on each feature.
  • 90 % Say there are sidewalks

  • 85 % Say car is needed

  • 85 % Say it's dog friendly

  • 78 % Say kids play outside

  • 77 % Say parking is easy

  • 72 % Say there's holiday spirit

  • 69 % Say it's quiet

  • 59 % Say they plan to stay for at least 5 years

  • 58 % Say there's wildlife

  • 57 % Say people would walk alone at night

  • 54 % Say yards are well-kept

  • 53 % Say it's walkable to grocery stores

  • 50 % Say it's walkable to restaurants

  • 47 % Say streets are well-lit

  • 41 % Say neighbors are friendly

  • 32 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Tucky J.
    "Iโ€™ve been living in this neighborhood around 1 years but been around here before about 4 years so I think this area is pretty safe and the neighborhoods are very nice. "

LGBTQ Local Legal Protections

Frequently asked questions about 245 Frederick Ln

  • What is 245 Frederick Ln estimated to be worth?
    Trulia's estimated value for 245 Frederick Ln in Hoffman Estates, IL is $481,100.
  • What is the price history for 245 Frederick Ln?
    245 Frederick Ln in Hoffman Estates, IL last sold for $302,500 in December 2021.
  • 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 $408K. That is up $1.33K from the prior month.
  • How big is the lot at 245 Frederick Ln?
    The lot at 245 Frederick Ln in Hoffman Estates, IL is about 0.27 acres (11,770 sq ft).
  • Does 245 Frederick Ln have a garage?
    Yes, 245 Frederick Ln in Hoffman Estates, IL has a garage.

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