$489,900
Original price: $499,900
- 5 Beds
- 2 Baths
- 2,400 sqft (on 0.25 acres)
501 Lafayette Ln, Hoffman Estates, IL 60169
Est. Mortgage $3,445/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1978
0.25 acre lot
$204/sqft
Garage
Local Information
-- mins to
About this House
Big gigantic home in very desirable area. Completely updated 5 beds & 2 baths in Hoffman Estates area. home is entirely move-in ready and looks like new. Huge master bedroom with full showers . All brand new cabinets , floors, and appliances throughout the kitchen with huge backyard deck for your private view. Extra living/family room for friends and family with all amenities. Very unique features of this home is a versatile lower level with a separate entrance, 2 bedrooms, and 1 full bath, and a completely private backyard offering excellent flexibility and large gathering. Detached 2 car garage with drive way entry. Big patio for all your summer events. Modern Upgrades: includes all new appliances and updated baths, kitchen and new hardwood floor throughout. The home has been meticulously maintained and shines like a brand-new build. Ready to move in now, Highly Sought-After Schools: Located in a top-rated, desirable school district. Convenient Commuting: Unbeatable access to I-90 for quick trips into Chicago or the suburbs. Shopping & Dining: Just minutes from major retail stores and premier shopping at Woodfield Mall. Come see this beautiful home today.
Last check for updates: about 3 hours ago
Listing courtesy of: Ishaq Syed, (847) 967-5500
Century 21 Circle
Source: MRED as distributed by MLS GRID, MLS#12715771

Also Listed on MRED as distributed by MLS GRID, MRED as distributed by MLS GRID.
Open House
Sunday, September 13
12:00 PM to 2:00 PM
Home Details for 501 Lafayette Ln
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MLS Status: Price Change |
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Interior Details Basement: Finished,Full,Walk-Out AccessNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Foyer, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2400 Square Feet |
Appliances & Utilities Appliances: Range, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Trash Compactor, Stainless Steel Appliance(s)DishwasherDisposalDryerLaundry: Main Level,Gas Dryer Hookup,Common Area,SinkWasher |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: ZonedHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Spa |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Window: Screens, Insulated WindowsDoor: French Doors, Sliding Doors, Storm Door(s)Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 2Accessibility: No Disability AccessFloors: Hardwood |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: Deck, PatioFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Concrete,Garage Door Opener,Yes,Garage Owned,Detached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer, Storm Sewer |
Finished Area Finished Area (below surface): 900 Square Feet |
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Days on Market: 46 |
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Year Built Year Built: 1978Year Renovated: 2026 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Vinyl Siding, BrickNot a New Construction |
Property Information Parcel Number: 07092180180000 |
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Price List Price: $489,900Price Per Sqft: $204 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Hoffman Estates |
School Information Elementary School: Winston Churchill Elementary SchElementary School District: 54Jr High / Middle School: Eisenhower Junior High SchoolJr High / Middle School District: 54High School: Hoffman Estates High SchoolHigh School District: 211 |
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Listing Agent Listing ID: 12715771 |
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Building Area Building Area: 2400 Square Feet |
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Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved |
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HOA Fee Includes: None |
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Lot Area: 10890 sqft |
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Special Conditions: None |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12715771Attic: Pull Down Stair, Unfinished |
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ParkCurbsSidewalksStreet LightsStreet PavedSource Internet Consumer CommentSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes |
Around this home
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.
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
Home Value
Trulia Estimate
$485KSince last month
Decreased$47K (-8.9%)Since last year
Increased$98K (+25.3%)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 +95% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $485K |
| August 2026 | $492K |
| July 2026 | $533K |
| June 2026 | $509K |
| May 2026 | $421K |
| April 2026 | $414K |
| March 2026 | $400K |
| February 2026 | $380K |
| January 2026 | $378K |
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 |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $405,000 | 05/04/26 | 4 | 2 | 1,231 | |
0.27 | Single-Family Home | $260,000 | 07/22/26 | 4 | 2 | 2,122 | |
0.12 | Single-Family Home | $495,000 | 08/10/26 | 4 | 3 | 1,930 | |
0.07 | Single-Family Home | $350,000 | 11/24/25 | 3 | 2 | 1,079 | |
0.14 | Single-Family Home | $410,000 | 06/04/26 | 3 | 1.5 | 1,237 | |
0.19 | Single-Family Home | $355,000 | 02/06/26 | 3 | 1.5 | 1,237 | |
0.41 | Single-Family Home | $425,000 | 05/15/26 | 4 | 2 | 1,806 | |
0.32 | Single-Family Home | $335,000 | 05/22/26 | 3 | 2 | 1,725 | |
0.28 | Single-Family Home | $365,000 | 09/04/26 | 3 | 1.5 | 1,567 | |
0.32 | Single-Family Home | $430,000 | 03/04/26 | 4 | 2 | 1,446 |
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 |
|---|---|---|---|---|---|---|
0.07 | $405,000 | 4 | 2 | 1,231 | Recently Sold | |
0.07 | $350,000 | 3 | 2 | 1,079 | Recently Sold | |
0.12 | $495,000 | 4 | 3 | 1,930 | Recently Sold | |
0.13 | $409,300 | 3 | 2 | 1,150 | Off Market | |
0.14 | $520,000 | 3 | 3 | 2,494 | For Sale | |
0.14 | $511,000 | 4 | 3.5 | 2,495 | Recently Sold | |
0.09 | $385,700 | 3 | 2 | 1,350 | Off Market | |
0.14 | $410,000 | 3 | 1.5 | 1,237 | Recently Sold | |
0.12 | $437,700 | 3 | 2 | - | Off Market | |
0.16 | $594,700 | 2 | 3.5 | 2,893 | Off Market | |
0.11 | $399,000 | 4 | 2 | 1,233 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 11, 2026 Source: MRED as distributed by MLS GRID #12715771 | PriceChange | $489,900 Price decreased by 2% |
Aug 26, 2026 Source: MRED as distributed by MLS GRID #12715771 | PriceChange | $499,900 Price decreased by 3% |
Aug 7, 2026 Source: MRED as distributed by MLS GRID #12715771 | PriceChange | $514,900 Price decreased by 2% |
Jul 26, 2026 Source: MRED as distributed by MLS GRID #12715771 | Listed For Sale | $524,900 |
Jul 25, 2026 Source: MRED as distributed by MLS GRID #12682983 | ListingRemoved | $510,000 |
Jun 19, 2026 Source: MRED as distributed by MLS GRID #12682983 | Listed For Sale | $510,000 |
| Year | Property tax | Tax assessment |
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| 2024 | $9,911 | $340,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Ishaq Syed, Century 21 Circle
Agent Phone: (847) 967-5500

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
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Frequently asked questions about 501 Lafayette Ln
- What is the estimated monthly payment for 501 Lafayette Ln?Based on a $489,900 list price with 20% down at today's rates, the estimated monthly payment for 501 Lafayette Ln in Hoffman Estates, IL is approximately $3,539 (about $2,652 principal & interest, $812 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 501 Lafayette Ln compare to homes in Hoffman Estates?501 Lafayette Ln in Hoffman Estates, IL is listed at $489,900, about 20% above the $410K median sale price in Hoffman Estates.
- What do residents say about the Highlands neighborhood?Residents describe the Highlands neighborhood in Hoffman Estates, IL as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in Highlands, Hoffman Estates.
- What are the closest schools to 501 Lafayette Ln?The closest schools to 501 Lafayette Ln in Hoffman Estates, IL are Dwight D Eisenhower Junior High School (rated 7/10), Hoffman Estates High School (rated 10/10), Winston Churchill Elementary School (rated 8/10).
- Does 501 Lafayette Ln have air conditioning?Yes, 501 Lafayette Ln in Hoffman Estates, IL has air conditioning.
- Does 501 Lafayette Ln have laundry facilities?Yes, 501 Lafayette Ln in Hoffman Estates, IL has in-unit laundry.
501 Lafayette Ln, Hoffman Estates, IL 60169 is a 5 bedroom, 2 bathroom, 2,400 sqft single-family home built in 1978. 501 Lafayette Ln is located in Highlands, Hoffman Estates. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Jul 26, 2026. The MLS # for this home is MLS# 12715771.

