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Wheaton 60189
1011 Penny Lane
$1,000,000
● House - Off Market

1011 Penny Lane

Wheaton, IL 60189
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,993 Ft²
$7,749
Est. Monthly
1.21%
Cap Rate

About This Property

Welcome to Penny Lane, where this custom home stands as a testament to quality craftsmanship and durability, offering timeless elegance and generous space. Thoughtfully designed with attention to detail, this well-built home blends classic design with modern comfort, providing the perfect backdrop for everyday living and entertaining. This home exudes grand and refined curb appeal with its stately brick exterior, extended concrete driveway and spacious sideload 3-car garage. This home features an impressive layout with 4 spacious bedrooms, a separate office, and 4.5 well-appointed bathrooms. Step into nearly 5,000 sq ft of living space with an additional expansive below grade space boasting nearly 2,500 sq ft (both finished & unfinished)! Upon entry you will find a formal grand foyer with elegant spiral staircase and an exquisite 3 tier dental molding that speaks to its refined craftsmanship. The first-floor office with rich dark wood built-in custom bookshelves, wall moldings and an attached full bathroom is perfect for working from home in comfort and style. The gourmet kitchen has an abundance of cabinetry, a center island with breakfast bar seating and a generous sized walk-in pantry! It also opens to a sizable sun-filled breakfast room with a fireplace that serves as a stunning focal point, making every mealtime feel special.  Entertaining in this home is a breeze, with its spacious formal dining room, adorned with custom millwork and an elegant chandelier. The huge family room with its 3 skylights, a cozy fireplace and a wet bar is a cherry space that is ideal for family time or entertaining guests. From the family room is direct access to the bright and airy sunroom where you can carve out your own haven and relax while enjoying this sun-filled room. Step onto the deck and take in the fresh air and beautiful backyard with mature trees. On the second level you will find a MASSIVE master bedroom with a separate sitting area and an expansive ensuite bath which includes dual vanities, separate shower and soaker tub. You haven't seen closets like this before. 2 separate sizable walk-in closets-the 'her' closet, rivals the size of a full bedroom, offering ample space for an expansive wardrobe and personalized organization. The spacious princess suite has an attached full bathroom, making it perfect for privacy and comfort. Two additional generously sized bedrooms with a shared Jack and Jill bathroom is ideal for convenience and modern living. The partially finished basement has a recreation room and a half bath as well as an additional 2000 sq ft of unfinished area- giving you lots of possibilities for recreation, separate living space, entertaining &/or fulfilling all of your storage needs! Every corner of this home is designed for both luxury and comfort. Located in sought after school district 200! Close to shopping, restaurants and I-355! Don't miss out on this rare opportunity to own an extraordinary property!
Unit Size
4,993 Ft²
Days on Market
-
Land Size
-
Price per sqft
$228
Property Type
House
Property Taxes
$2,156
HOA Dues
-
Year Built
2000

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Last updated: 2 years ago (MRED MLS #12292898)

Price History

Date / Event Date Event Price
Mar 21, 2025 Sold
Sold
Mar 6, 2025 In contract -
In contract
Feb 19, 2025 Temporarily off market -
Temporarily off market
Feb 18, 2025 Listed by RE/MAX Suburban $1,139,000
Listed by RE/MAX Suburban
Jan 13, 2025 Price Decreased $1,169,000
↓ $30K (2.5%)
Price Decreased
Show More

Property Highlights


Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,415
  • Garage Type: 1
  • Garage Square Area: 839
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 85

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 137
  • Lot Size Frontage Feet: 90
  • Total Building Area: 8,174
  • Gross Building Area: 8,174
  • Building Area: 4,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GABLES COURT RESUBDIVISION
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: GABLES COURT RESUBDIVISION ALL

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842605

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3082-B2
  • Parcel: 05-20-224-001
  • Lot: 3
  • Municipality: MILTON
  • Latitude: 41.8514
  • Longitude: -88.1203

    Address

  • Full Address: 1011 Penny Ln
  • Address - House Number: 1011
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C024
  • 4-Digit Zip Code: 6254
  • Zip Code: 60189

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,428,946
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 1,244,797
  • High Value: 1,440,461
  • Low Value: 1,049,132

    Market Valuation

  • Market Total Value: $1,085,190
  • Market Land Value: $96,480
  • Market Improvement Value: $988,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $361,730
  • Assessed Land Value: $32,160
  • Assessed Improvements Value: $329,570

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: May 03, 1999
  • Current Sale Recording Date: May 05, 1999
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R99-101650
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 Wheaton


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 319 Shirley Court, Wheaton, IL, 60187

$3,250 /mo

  • 3 Beds
  • 1 Bath
  • 1,262 ft²
319 Shirley Court, Wheaton, IL, 60187 Listing by Brooke Oswald


Frequently Asked Questions

When was property at 1011 Penny Lane built and last sold?
The property at 1011 Penny Lane was built in 2000 and last sold on May 3, 1999 for $230,000.
How much is this home worth?
The estimated value of the home located at 1011 Penny Lane is $0.
What are some comparable homes to 1011 Penny Lane?
There are currently no comparable homes to 1011 Penny Lane.