505 Olive St, Hoffman Estates, IL 60169
Property image
Property image
OFF MARKET

505 Olive St
Hoffman Estates, IL 60169

South Of Bode
  • 4 Beds
  • 2 Baths
  • 2,470 sqft

$498,400

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $3,451/mo*
Refinance Your Home

$498,400

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $3,451/mo*
Refinance Your Home
4 Beds
2 Baths
2,470 sqft

Home Value

Trulia Estimate
$498K
Since last month
Decreased$5K (-1%)
Since last year
Increased$65K (+15%)
Since last sale
Increased$81K (+19.3%)
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 +72% in the last 10 years
MonthEstimated value
2026
August 2026$499K
July 2026$505K
June 2026$509K
May 2026$509K
April 2026$500K
March 2026$473K
February 2026$451K
January 2026$451K
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
455 Mohave St, Hoffman Estates, IL
0.13
Single-Family Home
$385,000
01/27/26
3
2
1,650
540 Milan Ln, Hoffman Estates, IL
0.09
Single-Family Home
$435,000
07/14/26
3
2
1,316
575 Olive St, Hoffman Estates, IL
0.07
Single-Family Home
$525,000
06/24/26
5
2.5
1,773
540 Newark Ln, Hoffman Estates, IL
0.26
Single-Family Home
$400,000
04/24/26
4
2
1,443
625 Morton St, Hoffman Estates, IL
0.16
Single-Family Home
$391,250
04/20/26
3
1.5
1,300
645 Morton St, Hoffman Estates, IL
0.19
Single-Family Home
$400,000
08/04/26
3
1.5
1,354
345 Maricopa Ln, Hoffman Estates, IL
0.14
Single-Family Home
$390,000
04/15/26
3
2
1,205
365 Washington Blvd, Hoffman Estates, IL
0.34
Single-Family Home
$435,000
02/12/26
4
1.5
1,248
565 Flagstaff Ln, Hoffman Estates, IL
0.35
Single-Family Home
$365,000
11/25/25
4
2
1,412

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
525 Olive St, Hoffman Estates, IL 60169
0.03
$409,800
3
2
1,315
Off Market
560 Morton St, Hoffman Estates, IL 60169
0.05
$469,100
3
1.5
1,334
Off Market
520 Olive St, Chicago, IL 60169
0.04
$608,300
6
4
3,120
Off Market
575 Olive St, Hoffman Estates, IL 60169
0.07
$525,000
5
2.5
1,773
Recently Sold
530 Maywood Ln, Hoffman Estates, IL 60169
0.10
$439,900
4
2
1,763
For Sale
540 Milan Ln, Hoffman Estates, IL 60169
0.09
$435,000
3
2
1,316
Recently Sold
435 Morton St, Hoffman Estates, IL 60169
0.10
$395,000
3
2
1,316
Off Market
390 Kingman Ln, Hoffman Estates, IL 60169
0.15
$389,200
3
2
1,465
Off Market
455 Mohave St, Hoffman Estates, IL 60169
0.13
$385,000
3
2
1,650
Recently Sold
345 Maricopa Ln, Hoffman Estates, IL 60169
0.14
$390,000
3
2
1,205
Recently Sold
410 Morton St, Hoffman Estates, IL 60169
0.12
$399,900
3
2
1,471
Off Market

Local Information

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

Home Highlights

Property Type
Single-Family Home
Year Built
1960
Living Area
2,470 sqft
Price/Sqft
$202
Parking
Garage
HOA
None

About this House

505 Olive St, Hoffman Estates, IL 60169 is a 4 bedroom, 2 bathroom, 2,470 sqft single-family home in South Of Bode, built in 1960. It last sold for $418,500 on Aug 9, 2024 (3% below the $429,900 asking price). More recently, it was listed as a rental in August 2024 with an asking price of $3,400 per month. That rental listing was removed on August 17, 2024. It is currently off market. The Trulia Estimate is $498,400, with a rent estimate of $3,371/month.

Home Details for 505 Olive St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2470 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)DishwasherDryerLaundry: Main Level,Gas Dryer Hookup,Electric Dryer Hookup,In Unit,SinkMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Spa
Gas & Electric
Electric: Circuit Breakers, 200+ Amp Service
Windows, Doors, Floors & Walls
Flooring: Laminate
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability AccessFloors: Laminate
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: PatioFencing: FencedExterior: Fire PitFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2.5Number of Covered Spaces: 2.5Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 2.5Parking: Brick Driveway,Garage Door Opener,Heated Garage,Garage,On Site,Garage Owned,Detached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1960Year Renovated: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 07164150070000

Price & Status

Price
List Price: $429,900
Status Change & Dates
Off Market Date: Tue Jul 09 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Hoffman Estates
School Information
Elementary School: Lakeview Elementary SchoolElementary School District: 54Jr High / Middle School: Keller Junior High SchoolJr High / Middle School District: 54High School: Schaumburg High SchoolHigh School District: 211

Community

Community Features: Curbs, Sidewalks, Street Lights, Street Paved

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 10018.8 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 12097356

Additional Information

CurbsSidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD REMARKSINTERNET: NoSource Internet Address DisplayHide Public Remarks
Last check for updates: 10 minutes ago
Listed by Fel Salgado, (224) 699-5002
Redfin Corporation
Bought with: Vitali Kniazkov, (630) 796-5747, Coldwell Banker Realty
Source: MRED as distributed by MLS GRID, MLS#12097356

Price and Tax history

DateEventPrice
Aug 17, 2024
Source: MRED as distributed by MLS GRID #12137949
ListingRemoved
Aug 14, 2024
Source: MRED as distributed by MLS GRID #12137949
Listed For Rent
$3,400
Aug 9, 2024
Source: MRED as distributed by MLS GRID #12097356
Sold
$418,500
Jul 10, 2024
Source: MRED as distributed by MLS GRID #12097356
Contingent
$429,900
Jun 28, 2024
Source: MRED as distributed by MLS GRID #12097356
Listed For Sale
$429,900

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
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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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Apartments for Rent

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Explore by feature - Pet Friendly

24 pet-friendly rentals in Hoffman Estates, IL

Explore by feature - Garage

25 rentals with a garage in Hoffman Estates, IL

Explore by feature - Air Conditioning

28 rentals with air conditioning in Hoffman Estates, IL

Explore by feature - Pool

15 rentals with a pool in Hoffman Estates, IL

Explore by feature - Washer/dryer

26 rentals with a washer/dryer in Hoffman Estates, IL

Explore by feature - Outdoor Space

9 rentals with an outdoor space in Hoffman Estates, IL

Homes for sale near 505 Olive St

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Off Market Homes Near 505 Olive St

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Frequently asked questions about 505 Olive St

  • What is 505 Olive St estimated to be worth?
    Trulia's estimated value for 505 Olive St in Hoffman Estates, IL is $498,400.
  • What is the price history for 505 Olive St?
    505 Olive St in Hoffman Estates, IL last sold for $418,500 in August 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 505 Olive St have air conditioning?
    Yes, 505 Olive St in Hoffman Estates, IL has air conditioning.
  • Does 505 Olive St have laundry facilities?
    Yes, 505 Olive St in Hoffman Estates, IL has in-unit laundry.
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