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$510,000
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Property Description
This fully updated, 5-bedroom, 2-bathroom Hoffman Estates home is entirely move-in ready and looks like new. It features a versatile lower level with a separate entrance, 2 bedrooms, and 1 full bath, perfect for guests. The property is priced for a quick sale and in high demand. Property Highlights Spacious Layout: 5 generous bedrooms and 2 full, beautifully updated bathrooms. Lower-Level Suite: Includes 2 bedrooms, 1 full bath, and a completely private entrance, offering excellent flexibility. Modern Upgrades: Features brand-new appliances and updated bathrooms. The home has been meticulously maintained and shines like a brand-new build. Ready to Move In: All maintenance and updates are complete; simply unpack and settle in. Prime Location & Community 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. 3 minute drive from i90 10 minute drive from Woodfield Mall 10 minute drive from i90 and i290 20 minutes from O'Hare International Airport
Full Property Details
Full Property Details for 501 Lafayette Ln
General
- Price: $510,000
- Taxes: $5,178 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12682983
- Updated: 6/25/2026
- Added to Site: 15 day(s) ago
Rental Information
- Complex Features: Park, Curbs, Sidewalks, Street Paved
Interior
- Basement: Partially
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Dishwasher, High-End Refrigerator, Freezer, Washer, Dryer, Disposal, Trash Compactor, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
- Bathroom Features: Separate Shower, Bidet
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Cable TV, Dish Antenna
- Other Features: School Bus Service, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Hoffman Estates
- County: Cook
- Township: Schaumburg
- Driving Directions: Corner property, navigation leads to front door
School Information
- School District: 54
- Elem School District: 54
- Midd School District: 54
- High School District: 211
- Elementary School: Winston Churchill Elementary Sch
- Middle School: Eisenhower Junior High School
- High School: Hoffman Estates High School
- Private School: Hoffman Estates High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Zoned
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 1,924
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1962
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Lot Features
- Lot Size (Acres): 0.25
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: .25
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1962
- Tax Amount: $5,178.88
- Tax Year: 2025
- Pays Sewer: Public Sewer, Storm Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 7092180180000
Listed by Circle One Realty
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Schools
Schools serving 501 Lafayette Ln
School Districts:Township High School District 211, Schaumburg Community Consolidated School District 54
| Name | Grades | Distance |
|---|---|---|
Lincoln Prairie School 500 Hillcrest Boulevard, Hoffman Estates, IL 60169 | K-8 | 0.1 mi |
Winston Churchill Elementary School 1520 Jones Rd, Schaumburg, IL 60195 | K-6 | 0.7 mi |
Dwight D Eisenhower Junior High School 800 Hassell Road, Hoffman Estates, IL 60169 | 7-8 | 0.4 mi |
Hoffman Estates High School 1100 West Higgins Road, Hoffman Estates, IL 60169 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 Lafayette Ln
Date
Details
Price
Change
Source
6/19/2026
Listed
$510,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 Lafayette Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,416
—
$40,000
18%
2023
$9,416
4%
$33,999
—
2022
$9,082
22%
$33,999
33%
2021
$7,473
1%
$25,634
—
2020
$7,373
2%
$25,634
-9%
2019
$7,243
-10%
$28,170
—
2018
$8,076
2%
$28,203
—
2017
$7,952
4%
$28,203
—
2016
$7,658
12%
$28,203
18%
2015
$6,838
2%
$23,912
—
2014
$6,734
3%
$23,912
—
2013
$6,543
-3%
$23,912
-10%
2012
$6,717
—
$26,498
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 Lafayette Ln
501 Lafayette Lane, Hoffman Estates, IL 60169 (MLS# 12682983) is a Single Family property with 5 bedrooms and 2 full bathrooms. 501 Lafayette Lane is currently listed for $510,000 and was received on June 19, 2026. Want to learn more about 501 Lafayette Lane? Do you have questions about finding other Single Family real estate for sale in Hoffman Estates? You can browse all Hoffman Estates real estate or contact a Coldwell Banker agent to request more information.

