Hoffman Estates · Cook County · IL
Homes for sale in
Colony Point.
- Active listings
- 0
- Median list
- $349K
- Avg time on market
- 5 days
- Sold · last year
- 9
Active listings
0 homes on the market
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About the community
A settled late-1970s single-family neighborhood in northeast Hoffman Estates.
Colony Point is an established single-family subdivision in the northeast corner of Hoffman Estates, Cook County, built out roughly between 1977 and 1980. It is a conventional late-1970s suburban neighborhood of detached homes on curving residential streets such as Chambers, Rochester, Lichfield, Somerton, and Kingston, reached from Palatine Road near where Hoffman Estates meets Palatine and Inverness, in the 60010 ZIP code. It reads as a quiet, mature, owner-occupied neighborhood with grown-in trees and a mix of original and updated homes, and there is no evidence of a gated or age-restricted design.
At a glance
Detached single-family homes
Late-1970s split-levels, tri-levels, and two-story plans, most 3 to 4 bedrooms, with living area cited roughly in the 1,000 to 2,450 sqft range.
Mature and quiet
Built roughly 1977 to 1980, with settled, tree-lined streets and a stable, owner-occupied feel.
District 15 and Fremd
MLS school data for this pocket shows Palatine's District 15 (Marion Jordan Elementary, Sundling Junior High) feeding William Fremd High School in District 211. Confirm by address.
No mandatory HOA
No required monthly dues are indicated, consistent with a 1970s tract on public streets. Confirm per home.
Hoffman Estates Park District
Residents are HEParks taxpayers, with the Triphahn Center and ice arena and the Willow Recreation Center a short drive away.
Shopping close by
Deer Park Town Center and downtown Palatine are near to the north and east, with the Woodfield area a short drive south.
I-90 and Route 53
Interstate 90 (Jane Addams Tollway) is a few miles south and Route 53 is nearby, connecting toward O'Hare and downtown.
What’s close
Colony Point sits in the northeast corner of Hoffman Estates off Palatine Road, near the Palatine and Inverness borders, with I-90 a few miles south and Route 53 nearby.
- Highway
- Interstate 90 (Jane Addams Memorial Tollway) a few miles south toward O'Hare and Chicago, with Route 53 nearby and Palatine Road and Ela Road serving local trips.
- Train
- The Metra Union Pacific Northwest line at the Palatine station is the nearest downtown-Chicago rail option for this pocket. Confirm the nearest station and drive time by address.
- Schools
- MLS data for this pocket shows Palatine District 15 (Marion Jordan Elementary and Sundling Junior High) feeding William Fremd High School in District 211, which differs from the usual District 54 pattern elsewhere in town. Confirm by address.
- Shopping
- Deer Park Town Center and downtown Palatine to the north and east, with the Woodfield Mall area and Poplar Creek retail a short drive south.
- Hospital
- St. Alexius Medical Center on Barrington Road in Hoffman Estates, with additional hospital options in Palatine and Arlington Heights.
- Parks
- The Hoffman Estates Park District system, including the Triphahn Center and ice arena and the Willow Recreation Center with a dog park and skate park.
What it’s actually like to live here
Colony Point offers the kind of settled, low-key suburban living that late-1970s subdivisions do well: detached homes on quiet, curving streets, mature trees, sidewalks, and a stable, owner-occupied feel. Its position at the northeast edge of Hoffman Estates is a genuine draw, because it pairs Hoffman Estates housing values with access to Palatine's well-regarded District 15 schools and William Fremd High School, plus quick reach to Palatine Road, Route 53, and the wider northwest-suburban job and retail base. For buyers who want an attainable single-family home in a strong school footprint, that combination is the headline.
Day to day, residents get the full Hoffman Estates Park District system, from the Triphahn ice arena and fitness center to Willow's dog park and skate park, along with nearby shopping at Deer Park Town Center, downtown Palatine, and, a bit farther south, the Woodfield district. Commuters have I-90 to the south for O'Hare and the city, plus a Metra option at Palatine for a rail alternative.
The honest tradeoffs: these are 1970s homes, so many carry original systems, smaller original baths, and dated finishes unless a prior owner renovated, which means budgeting for updates on the more affordable listings. Cook County's effective property-tax rate is high, a real line item to plan around. And the amenities here are the public park-district variety rather than a private clubhouse or pool, since there is no mandatory HOA, so buyers wanting resort-style shared amenities will not find them built into this neighborhood.
The questions buyers actually ask
Colony Point FAQ
The questions I get most from buyers shopping Colony Point. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- No mandatory homeowners association dues are indicated for Colony Point, and aggregator data lists the association fee as zero, consistent with a 1970s single-family tract on public streets. A community-branded website exists but is a real-estate marketing site, not a governing association. Treat this as no mandatory HOA, and confirm there is no voluntary association or special service area at the specific address.
- What are property taxes like?
- Roughly $8,000 – $14,000 per year, depending on home size and value. Cook County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- What kind of homes are in Colony Point?
- Detached single-family homes built roughly 1977 to 1980, most with 3 to 4 bedrooms and living space cited in the approximate 1,000 to 2,450 square foot range, in a mix of original and updated condition typical of the era's split-levels, tri-levels, and two-story plans.
- Is there an HOA, and what are the dues?
- No mandatory homeowners association or monthly dues are indicated for Colony Point, and aggregator data lists the association fee as zero. A community-branded website exists but is a real-estate marketing site, not a governing association. Confirm there is no voluntary association or special assessment for the specific address before closing.
- What schools serve Colony Point?
- MLS school data for streets in this pocket shows Marion Jordan Elementary and Walter R. Sundling Junior High in Palatine's District 15, feeding William Fremd High School in District 211. This differs from the District 54 and Hoffman Estates High School pattern found elsewhere in town, and one listing showed a different junior high, so verify the assigned schools for the exact address with the districts.
- How is the commute to O'Hare and downtown Chicago?
- Interstate 90 (Jane Addams Tollway) is a few miles south for driving toward O'Hare and the city, and Metra commuter rail at the Palatine station on the Union Pacific Northwest line offers a train option into downtown. Confirm current drive and rail times for your address.
- Are property taxes high here?
- Effective property-tax rates in this part of suburban Cook County typically run in roughly the 2.0 to 2.7 percent of value range, higher than national norms, and the exact rate depends on the taxing districts and exemptions for your parcel. Verify with the Cook County Assessor and Treasurer.
- What do homes cost, and how is the market right now?
- Colony Point is a mid-priced, established single-family neighborhood, but prices and market pace change constantly. Rather than quote a figure that will go stale, see the live Market snapshot on this page for current values, inventory, and how quickly homes are selling.
- Who is the real estate agent for Colony Point?
- Joe Keegan is the local licensed Illinois real estate broker who covers Colony Point in Hoffman Estates, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Colony Point specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Colony Point
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Hoffman Estates specialist
- Honest local market take
- Brokerocity
Market snapshot
Colony Point, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$349,000
Typical sale price · last 90 days
$512,000
Avg time on market
5 days
Sold in the last year
9
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 9, 2025 through August 9, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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