500 Milan Ln, Hoffman Estates, IL 60169
OFF MARKET

$355,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,316 sqft (on 0.26 acres)

500 Milan Ln, Hoffman Estates, IL 60169

South Of Bode
Est. Refi. Payment $2,482/mo*
Refinance Your Home
Currently Off Market - Sold Feb 9, 2022 for $219,000

Home Value

Trulia Estimate
$355K
Since last month
Decreased$4K (-1.2%)
Since last year
Increased$11K (+3.1%)
Since last sale
Increased$135K (+61.4%)
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 +68% in the last 10 years
MonthEstimated value
2026
August 2026$354K
July 2026$358K
June 2026$359K
May 2026$360K
April 2026$357K
March 2026$346K
February 2026$333K
January 2026$333K
2025
2024
2023
2022
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
540 Milan Ln, Hoffman Estates, IL
0.06
Single-Family Home
$435,000
07/14/26
3
2
1,316
645 Maywood Ln, Hoffman Estates, IL
0.22
Single-Family Home
$310,000
11/14/25
3
2
1,324
520 Glendale Ln, Hoffman Estates, IL
0.19
Single-Family Home
$355,000
06/24/26
3
1.5
1,152
625 Morton St, Hoffman Estates, IL
0.17
Single-Family Home
$391,250
04/20/26
3
1.5
1,300
345 Maricopa Ln, Hoffman Estates, IL
0.17
Single-Family Home
$390,000
04/15/26
3
2
1,205
600 Morton St, Hoffman Estates, IL
0.13
Single-Family Home
$382,500
04/23/26
4
2
1,316
340 Illinois Blvd, Hoffman Estates, IL
0.23
Single-Family Home
$355,000
03/11/26
3
2
1,205
455 Mohave St, Hoffman Estates, IL
0.16
Single-Family Home
$385,000
01/27/26
3
2
1,650
645 Morton St, Hoffman Estates, IL
0.20
Single-Family Home
$400,000
08/04/26
3
1.5
1,354
580 Newark Ln, Hoffman Estates, IL
0.29
Single-Family Home
$410,000
08/07/26
3
2
1,205

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
520 Olive St, Chicago, IL 60169
0.02
$604,800
6
4
3,120
Off Market
540 Milan Ln, Hoffman Estates, IL 60169
0.06
$435,000
3
2
1,316
Recently Sold
525 Olive St, Hoffman Estates, IL 60169
0.04
$409,800
3
2
1,315
Off Market
505 Olive St, Hoffman Estates, IL 60169
0.03
$500,500
4
2
2,470
Off Market
575 Olive St, Hoffman Estates, IL 60169
0.08
$525,000
5
2.5
1,773
Recently Sold
560 Morton St, Hoffman Estates, IL 60169
0.07
$469,100
3
1.5
1,334
Off Market
530 Morgan Ln, Hoffman Estates, IL 60169
0.13
$478,800
3
2
1,812
Off Market
435 Morton St, Hoffman Estates, IL 60169
0.12
$395,000
3
2
1,316
Off Market
410 Morton St, Hoffman Estates, IL 60169
0.14
$399,900
3
2
1,471
Off Market
390 Kingman Ln, Hoffman Estates, IL 60169
0.17
$391,900
3
2
1,465
Off Market
625 Morton St, Hoffman Estates, IL 60169
0.17
$391,250
3
1.5
1,300
Recently Sold
520 Glendale Ln, Hoffman Estates, IL 60169
0.19
$355,000
3
1.5
1,152
Recently Sold

Local Information

  • Map ViewExplore the area around 500 Milan Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1960
Lot Size
0.26 acres
Living Area
1,316 sqft
Price/Sqft
$270
Parking
Garage

About this House

ATTENTION INVESTORS! LOOKING FOR A PROJECT THIS WINTER?CASH OR REHAB LOAN ONLY! Ideally located 3 bedroom ranch home on large fenced corner lot! Walking distance to park, playground and pond and just blocks from elementary school. Newer HVAC, new water heater, roof in 2005. 1-car attached garage, large driveway with side apron, deck and HUGE screened porch in back. Spacious family room with adjacent dining room. Eat-in kitchen with plenty of cabinet and counter space. SOLD AS-IS. NO SURVEY
500 Milan Ln, Hoffman Estates, IL 60169 is a 3 bedroom, 2 bathroom, 1,316 sqft single-family home in South Of Bode, built in 1960. It last sold for $219,000 on Feb 9, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $355,000, with a rent estimate of $2,939/month.

Home Details for 500 Milan Ln

Interior Features

Interior Details
BasementNumber of Rooms: 5Types of Rooms: Dining Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Floors: Carpet

Exterior Features

Exterior Home Features
Roof: Asphalt, OtherDeckExterior: BrickFoundation Type: Crawl RaisedPorch
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 0.26 acres

Price and Tax history

DateEventPrice
Feb 9, 2022
Source: MRED as distributed by MLS GRID #11266112
Sold
$219,000
Nov 9, 2021
Source: MRED as distributed by MLS GRID #11266112
Listed For Sale
$220,000
Feb 15, 2021
Source: Local MLS
ListingRemoved
Feb 1, 2021
Source: MRED as distributed by MLS GRID #10940856
PendingToActive
$205,000
Dec 22, 2020
Source: MRED as distributed by MLS GRID #10940856
Contingent
$205,000

Market trends in Hoffman Estates

Last updated July 2026
Buyer'sMarketSeller'sMarket
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

Neighborhood Overview

South Of Bode
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Of Bode

At least 13 Trulia users voted on each feature.

  • 95 % Say there are sidewalks

  • 90 % Say yards are well-kept

  • 86 % Say it's dog friendly

  • 85 % Say there's holiday spirit

  • 82 % Say it's walkable to grocery stores

  • 81 % Say people would walk alone at night

  • 80 % Say parking is easy

  • 79 % Say car is needed

  • 72 % Say kids play outside

  • 67 % Say it's quiet

  • 65 % Say they plan to stay for at least 5 years

  • 60 % Say it's walkable to restaurants

  • 56 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 29 % Say streets are well-lit

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Imageworks2007
    "It’s a very safe feeling neighborhood. Good or ok neighbors. Everything u would need is close by. Restaurants are awesome. Snow removal on the streets is done right away. Lots of things to do. Good schools."
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Frequently asked questions about 500 Milan Ln

  • What is 500 Milan Ln estimated to be worth?
    Trulia's estimated value for 500 Milan Ln in Hoffman Estates, IL is $355,000.
  • What is the price history for 500 Milan Ln?
    500 Milan Ln in Hoffman Estates, IL last sold for $219,000 in February 2022.
  • 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 500 Milan Ln have air conditioning?
    Yes, 500 Milan Ln in Hoffman Estates, IL has air conditioning.
  • How big is the lot at 500 Milan Ln?
    The lot at 500 Milan Ln in Hoffman Estates, IL is about 0.26 acres (11,326 sq ft).

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

9 rentals with an outdoor space in Hoffman Estates, IL

Apartments for Rent

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Off Market Homes Near 500 Milan Ln

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