505 Lafayette Ln, Hoffman Estates, IL 60169
OFF MARKET

$358,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,250 sqft (on 0.26 acres)

505 Lafayette Ln, Hoffman Estates, IL 60169

Highlands
Est. Refi. Payment $2,519/mo*
Refinance Your Home
Currently Off Market - Sold Dec 2, 2011 for $140,000

Home Value

Trulia Estimate
$358K
Since last month
Decreased$5K (-1.5%)
Since last year
Increased$17K (+4.9%)
Since last sale
Increased$218K (+156%)
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 +63% in the last 10 years
MonthEstimated value
2026
August 2026$358K
August 2026$357K
July 2026$364K
June 2026$365K
May 2026$368K
April 2026$362K
March 2026$350K
February 2026$337K
January 2026$330K
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
540 Jamison Ln, Hoffman Estates, IL
0.06
Single-Family Home
$350,000
11/24/25
3
2
1,079
620 Lafayette Ln, Hoffman Estates, IL
0.18
Single-Family Home
$355,000
02/06/26
3
1.5
1,237
465 W Newport Rd, Hoffman Estates, IL
0.08
Single-Family Home
$405,000
05/04/26
4
2
1,231
385 Lafayette Ln, Hoffman Estates, IL
0.16
Single-Family Home
$410,000
06/04/26
3
1.5
1,237
1885 N Newport Rd, Hoffman Estates, IL
0.28
Single-Family Home
$410,000
05/12/26
3
1.5
1,200
730 Hillcrest Blvd, Hoffman Estates, IL
0.30
Single-Family Home
$335,000
05/22/26
3
2
1,725
1755 Monticello Rd, Hoffman Estates, IL
0.34
Single-Family Home
$421,000
06/30/26
3
1.5
1,237
1860 Ashley Rd, Hoffman Estates, IL
0.39
Single-Family Home
$308,500
01/16/26
3
1.5
1,073
1615 Jefferson Rd, Hoffman Estates, IL
0.39
Single-Family Home
$315,000
05/19/26
3
2
1,611
1905 Pierce Rd, Hoffman Estates, IL
0.36
Single-Family Home
$380,000
01/15/26
3
1.5
1,437

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
501 Lafayette Ln, Hoffman Estates, IL 60169
0.02
$499,900
5
2
2,400
For Sale
540 Jamison Ln, Hoffman Estates, IL 60169
0.06
$350,000
3
2
1,079
Recently Sold
555 Jamison Ln, Hoffman Estates, IL 60169
0.08
$385,700
3
2
1,350
Off Market
570 Jamison Ln, Hoffman Estates, IL 60169
0.10
$399,000
4
2
1,233
For Sale
535 Northview Ln, Hoffman Estates, IL 60169
0.11
$437,700
3
2
-
Off Market
575 Jamison Ln, Hoffman Estates, IL 60169
0.10
$441,000
4
2
1,622
Recently Sold
566 Hillcrest Blvd, Hoffman Estates, IL 60169
0.10
$476,900
4
2
2,103
Off Market
595 Lafayette Ln, Hoffman Estates, IL 60169
0.12
$522,600
4
2.5
2,017
Off Market
465 W Newport Rd, Hoffman Estates, IL 60169
0.08
$405,000
4
2
1,231
Recently Sold
581 Hillcrest Ct, Hoffman Estates, IL 60169
0.15
$459,100
4
2.5
1,791
Off Market
405 W Newport Rd, Hoffman Estates, IL 60169
0.13
$495,000
4
3
1,930
Recently Sold
343 Arbor Glen Blvd, Schaumburg, IL 60195
0.15
$520,000
3
3
2,494
For Sale

Local Information

  • Map ViewExplore the area around 505 Lafayette Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1964
Lot Size
0.26 acres
Living Area
1,250 sqft
Price/Sqft
$287
Parking
Garage

About this House

A lot of home for the $$$ & not a short sale or foreclosure! Spacious open Living & Dining Rm, an added bonus a family room & storage room also large 2 1/2 car detached garage. Ceramic tile in entry & kitchen, nice size yard w/patio & deck. Newer siding in '99, furnace approx. 10 yrs. Great location close to schools, shopping & expressway. Taxes do not reflect any exemptions, & ready for quick close!!
505 Lafayette Ln, Hoffman Estates, IL 60169 is a 3 bedroom, 2 bathroom, 1,250 sqft single-family home in Highlands, built in 1964. It last sold for $140,000 on Dec 2, 2011. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $358,300, with a rent estimate of $2,785/month.

Home Details for 505 Lafayette Ln

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

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

Property Information

Year Built
Year Built: 1964
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
Dec 2, 2011
Source: MRED as distributed by MLS GRID #07904703
Sold
$140,000
Sep 19, 2011
Source: Agent Provided
PriceChange
$154,900
Price decreased by 3%
Jul 12, 2011
Source: Agent Provided
PendingToActive
$159,900
Jun 28, 2011
Source: Agent Provided
Pending
$159,900
Jun 13, 2011
Source: Agent Provided
PriceChange
$159,900
Price decreased by 6%

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

Highlands
See Local Highlights
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.
    "I’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. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 505 Lafayette Ln

  • What is 505 Lafayette Ln estimated to be worth?
    Trulia's estimated value for 505 Lafayette Ln in Hoffman Estates, IL is $358,300.
  • What is the price history for 505 Lafayette Ln?
    505 Lafayette Ln in Hoffman Estates, IL last sold for $140,000 in December 2011.
  • 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 505 Lafayette Ln have air conditioning?
    Yes, 505 Lafayette Ln in Hoffman Estates, IL has air conditioning.
  • How big is the lot at 505 Lafayette Ln?
    The lot at 505 Lafayette Ln in Hoffman Estates, IL is about 0.26 acres (11,155 sq ft).

Explore by feature - Pet Friendly

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Apartments for Rent

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Off Market Homes Near 505 Lafayette Ln

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Homes for sale near 505 Lafayette Ln

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