550 Milton Ln, Hoffman Estates, IL 60169
Property image
Property image
OFF MARKET

550 Milton Ln
Hoffman Estates, IL 60169

South Of Bode
  • 4 Beds
  • 3 Baths
  • 2,019 sqft

$500,100

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $3,462/mo*
Refinance Your Home

$500,100

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $3,462/mo*
Refinance Your Home
4 Beds
3 Baths
2,019 sqft

Home Value

Trulia Estimate
$500K
Since last month
Increased$3K (+0.6%)
Since last year
Increased$22K (+4.6%)
Since last sale
Increased$198K (+65.5%)
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
MonthEstimated value
2026
August 2026$501K
July 2026$498K
June 2026$505K
May 2026$504K
April 2026$498K
March 2026$491K
February 2026$473K
January 2026$468K
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
575 Olive St, Hoffman Estates, IL
0.17
Single-Family Home
$525,000
06/24/26
5
2.5
1,773
540 Newark Ln, Hoffman Estates, IL
0.19
Single-Family Home
$400,000
04/24/26
4
2
1,443
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
0.16
Single-Family Home
$310,000
11/14/25
3
2
1,324
600 Morton St, Hoffman Estates, IL
0.22
Single-Family Home
$382,500
04/23/26
4
2
1,316
320 Pleasant St, Hoffman Estates, IL
0.23
Single-Family Home
$425,000
10/10/25
5
3
1,392
230 Nogales St, Hoffman Estates, IL
0.43
Single-Family Home
$410,000
05/01/26
4
3
2,079
455 Mohave St, Hoffman Estates, IL
0.23
Single-Family Home
$385,000
01/27/26
3
2
1,650
365 Washington Blvd, Hoffman Estates, IL
0.22
Single-Family Home
$435,000
02/12/26
4
1.5
1,248
520 N Salem Dr, Schaumburg, IL
0.48
Single-Family Home
$412,500
10/01/25
4
2.5
1,832

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
540 Milan Ln, Hoffman Estates, IL 60169
0.06
$435,000
3
2
1,316
Recently Sold
530 Morgan Ln, Hoffman Estates, IL 60169
0.07
$478,800
3
2
1,812
Off Market
520 Olive St, Chicago, IL 60169
0.12
$608,300
6
4
3,120
Off Market
505 Olive St, Hoffman Estates, IL 60169
0.12
$498,400
4
2
2,470
Off Market
530 Maywood Ln, Hoffman Estates, IL 60169
0.13
$439,900
4
2
1,763
For Sale
525 Olive St, Hoffman Estates, IL 60169
0.14
$409,800
3
2
1,315
Off Market
635 Maywood Ln, Hoffman Estates, IL 60169
0.14
$415,600
3
2
1,626
Off Market
465 Washington Blvd, Hoffman Estates, IL 60169
0.14
$331,800
3
2
1,316
Off Market
410 Morton St, Hoffman Estates, IL 60169
0.15
$399,900
3
2
1,471
Off Market
560 Morton St, Hoffman Estates, IL 60169
0.17
$469,100
3
1.5
1,334
Off Market
645 Maywood Ln, Hoffman Estates, IL 60169
0.16
$310,000
3
2
1,324
Recently Sold
575 Olive St, Hoffman Estates, IL 60169
0.17
$525,000
5
2.5
1,773
Recently Sold

Local Information

  • Map ViewExplore the area around 550 Milton Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1959
Living Area
2,019 sqft
Price/Sqft
$248
Parking
Garage

About this House

Larger than it looks, 2,000+ sq/ft sprawling 4 bed, 3 bath ranch home in fabulous neighborhood with Schaumburg schools. This property has been completely remodeled in 2017 including a spacious eat in kitchen with new cabinetry, granite counters, ss appliances, custom backsplash and refinished hardwood flooring. Just off the cozy family room with brick fireplace and French doors to the deck is the master bedroom and full onsuite bathroom with new double sink, marble topped vanity, tiled walk in shower and ceramic flooring. The hardwood continues into the massive living room and down the hall into three additional bedrooms and two more totally remodeled full baths with new marble topped vanities, custom tiled showers and ceramic flooring. All new flooring, painting & lighting throughout the home as well as new roof, new garage door, new driveway and cleaned air ducts.
550 Milton Ln, Hoffman Estates, IL 60169 is a 4 bedroom, 3 bathroom, 2,019 sqft single-family home in South Of Bode, built in 1959. It last sold for $302,500 on May 21, 2018. More recently, it was listed as a rental in July 2024 with an asking price of $3,200 per month. That rental listing was removed on August 22, 2024. It is currently off market. The Trulia Estimate is $500,100, with a rent estimate of $3,465/month.

Home Details for 550 Milton Ln

Interior Features

Interior Details
BasementNumber of Rooms: 8Types of Rooms: Dining Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: BrickFoundation Type: Slab
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 10010 sqft

Price and Tax history

DateEventPrice
Aug 22, 2024
Source: MRED as distributed by MLS GRID #12103230
ListingRemoved
Jul 30, 2024
Source: MRED as distributed by MLS GRID #12103230
PriceChange
$2,900
Price decreased by 3%
Jul 16, 2024
Source: MRED as distributed by MLS GRID #12103230
PriceChange
$3,000
Price decreased by 6%
Jul 8, 2024
Source: MRED as distributed by MLS GRID #12103230
Listed For Rent
$3,200
May 15, 2020
Source: Agent Provided
ListingRemoved
$2,600

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 550 Milton Ln

  • What is 550 Milton Ln estimated to be worth?
    Trulia's estimated value for 550 Milton Ln in Hoffman Estates, IL is $500,100.
  • What is the price history for 550 Milton Ln?
    550 Milton Ln in Hoffman Estates, IL last sold for $302,500 in May 2018.
  • 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 550 Milton Ln have air conditioning?
    Yes, 550 Milton Ln in Hoffman Estates, IL has air conditioning.
  • Does 550 Milton Ln have laundry facilities?
    Yes, 550 Milton Ln in Hoffman Estates, IL has in-unit laundry.

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

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

Explore by feature - Outdoor Space

11 rentals with an outdoor space in Hoffman Estates, IL

Apartments for Rent

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Off Market Homes Near 550 Milton Ln

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Homes for sale near 550 Milton Ln

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