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$479,900
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Property Description
A spacious five-bedroom, two-bathroom home in the desirable Hoffman Estates neighborhood is available for purchase.This beautifully updated home is move-in ready and appears like new. The main level features a spacious master bedroom with a full walk-in shower and a spacious living/family room ideal for entertaining guests. The kitchen has been completely renovated with brand-new cabinets, appliances, and flooring, which flow out to a large deck overlooking a private backyard, perfect for summer gatherings. A standout feature is the versatile lower level, which has its own separate entrance, two additional bedrooms, and a full bath, offering excellent flexibility for guests, extended family, or rental potential. Additional information includes new hardwood flooring throughout, a detached two-car garage with driveway access, a large patio for outdoor entertaining, and a meticulously maintained, move-in ready condition. Location perks include a top-rated, highly sought-after school district, quick access to I-90 for an easy commute into Chicago or nearby suburbs, and minutes from Woodfield Mall, a premier shopping and dining destination. Come see this beautiful home today!
Full Property Details
Full Property Details for 501 Lafayette Ln
General
- Price: $479,900
- Taxes: $5,178 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12715771
- Updated: 10/21/2026
- Added to Site: 96 day(s) ago
Rental Information
- Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, F
- Interior Features: 1st-Floor Bedroom, In-Law Floorplan, 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 lot 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: 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.: Finished, Full, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens, Insulated Windows
- Doors: French Doors, Sliding Doors, Storm Door(s)
- Sub-Flooring: Hardwood
- Square Feet: 2,400
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1978
- 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: 1978
- 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 Century 21 Circle
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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
10/15/2026
Price Reduced
$479,900
-1.23%
MLS
9/28/2026
Price Reduced
$485,900
-0.82%
MLS
9/11/2026
Price Reduced
$489,900
-2%
MLS
8/31/2026
Price Reduced
$499,900
-2.91%
MLS
8/07/2026
Price Reduced
$514,900
-1.91%
MLS
7/25/2026
Listed
$524,900
—
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# 12715771) is a Single Family property with 5 bedrooms and 2 full bathrooms. 501 Lafayette Lane is currently listed for $479,900 and was received on July 25, 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.

