See Home Value
$1,600,000
● House - Off Market

1 Maros Lane

Olympia Fields, IL 60461
bedrooms
6 Beds
bathrooms
9 Baths, 7 Half Baths
square feet
21,182 Ft²
$24,683
Est. Monthly
$146
HOA / Fees
-11.36%
Cap Rate

About This Property

***TAXES HAVE BEEN SUCCESSFULLY APPEALED! ASSESSED VALUE REDUCED from $4.7MM to $2.5MM. NEW TAX BILL COMING JULY 2025. NEW TAX BILL ESTIMATED TO BE $120,000 - $130,000.*** Behind the iron gates, against the leafy backdrop of Olympia Fields Country Club is one of the most exclusive enclaves in Chicago's South Suburbs, 1 Maros Lane. Just 33 miles from downtown Chicago, 1 Maros Lane is an expansive compound that has been home to, and hosted, Grammy winners, Rock & Roll Hall of Famers, Songwriters Hall of Famers, athletes, and icons of business and politics. Its alluring and mysterious nature has spellbound suburbanites and citydwellers for over 25 years. The mansion had fallen to decay and ruin until 2013 when it was lovingly brought back to life by the late music legend Rudolph Isley of the Isley Brothers, and his wife, Elaine. Millions of dollars and ten years later, now is the opportunity to write the home's next chapter. Step through the double front doors into the grand foyer, where you are greeted by an awe-inspiring display of craftsmanship and elegance. Soaring ceilings, abundant natural light, designer finishes, and bespoke details that reflect a commitment to unparalleled sophistication. The gourmet kitchen is a culinary masterpiece, equipped with top-of-the-line appliances and custom cabinetry, perfect for catering to high-profile guests or spending holidays with friends and family. The expansive living spaces seamlessly blend style with comfort, providing the ideal setting for entertaining on a grand scale. One of the most iconic rooms in the house is the indoor two-story pool hall. Designed in a jungle theme with a waterfall, hot tub, grotto, club house, two story treehouse, and adjacent family room and full bath, this is the perfect place to spend endless hours relaxing, or hosting pool parties year-round.The primary suite is a sanctuary of indulgence, featuring a private lounge area, a spa-like ensuite bathroom, and multiple walk-in closets. The main floor is also complete with an in-laws suite featuring access to the pool, a bedroom, bath, and kitchenette. Additional bedrooms and guest suites offer lavish accommodations for visitors or staff, ensuring that every need is met with the utmost care-every bedroom is equipped with en suite bathrooms, walk-in closets, and views of the lush landscapes. All three levels of this home are accessible via the elevator, or multiple staircases. Entertainment knows no bounds here. The property also includes a state-of-the-art home theater, a diner, a fully equipped fitness center, quiet library, while a recently resurfaced private sport court (equipped for basketball, tennis, and pickleball) professionally lit for evening games sits among the lush gardens provide a serene escape. Other outdoor spaces across the meticulously landscaped ~4 acre estate include a pond, and al fresco dining areas that create an idyllic retreat for relaxation, or unforgettable summer parties. For those with a passion for automobiles, the property features a state-of-the-art 6 car garage (can accommodate up to 8-9 cars), an automotive enthusiast's dream. This space is meticulously designed to showcase a prized car collection, offering both storage and a showroom atmosphere, complete with a bar area and bathroom. The allure of The Isley Estate extends beyond its walls, as it is conveniently situated adjacent to the prestigious Olympia Fields Country Club. This exclusive club is renowned for its championship golf courses, world-class amenities, and a distinguished history of hosting world-class events. This haven is designed to captivate the hearts of those who crave the epitome of opulence and privacy, where every detail tells a story, where privacy is paramount and provides an escape from the hustle and bustle of everyday life. Welcome to 1 Maros Lane--where dreams transcend into reality.
Unit Size
21,182 Ft²
Days on Market
-
Land Size
3.70 acres
Price per sqft
$71
Property Type
House
Property Taxes
$17,176
HOA Dues
$146
Year Built
1998

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Property Highlights

Elevator
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 5
  • Bathroom Count: 10
  • Full Bathrooms: 6
  • Partial Bathrooms: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 131,411
  • Total Building Area: 11,140
  • Gross Building Area: 11,140
  • Building Area: 11,140
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 11,140
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAYNEGAITE SUB UNIT2
  • Land Acres: 0000003017
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-09
  • Legal Description 1: (MAYNEGAITE) SUB (UNIT2) SUB OF PT NW SEC 24-35-13

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830005

Geography

  • District: 32
  • Parcel: 31-24-101-066-0000
  • Lot: 123,1
  • Meridian: SEC 24 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5095
  • Longitude: -87.6882

    Address

  • Full Address: 1 Maros Ln
  • Legal Unit: 2
  • Address - House Number: 1
  • Address - Street Name: Maros
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C004
  • 4-Digit Zip Code: 1838
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,870,488
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 4,022,574
  • High Value: 4,629,722
  • Low Value: 3,415,425

    Market Valuation

  • Market Total Value: $4,600,000
  • Market Land Value: $722,760
  • Market Improvement Value: $3,877,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,000
  • Assessed Land Value: $72,276
  • Assessed Improvements Value: $387,724

    Sales

  • Current Sale Contract Date: Sep 23, 2013
  • Current Sale Recording Date: Nov 05, 2013
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1330901004
  • Previous Sale Recording Date: Apr 18, 1997
  • Previous Sale Contract Date: Mar 19, 1997
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olympia Fields


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Nearby Rentals

Unit for rent at 3706 211th Place, Matteson, IL, 60443

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,275 ft²
3706 211th Place, Matteson, IL, 60443 Listing by Brandy Cafarelli


Frequently Asked Questions

When was property at 1 Maros Lane built and last sold?
The property at 1 Maros Lane was built in 1998 and last sold on Sep 23, 2013 for $587,500.
How much is this home worth?
The estimated value of the home located at 1 Maros Lane is $0.
What are some comparable homes to 1 Maros Lane?
There are currently no comparable homes to 1 Maros Lane.