When was property at 1098 Pear Tree Lane built and last sold?

The property at 1098 Pear Tree Lane was built in 1985 and last sold on Jan 5, 2024 for $300,000.

How much is this home worth?

The estimated value of the home located at 1098 Pear Tree Lane is $434,253.

What are some comparable homes to 1098 Pear Tree Lane?

There are currently no comparable homes to 1098 Pear Tree Lane.

Wheeling

60090

1098 Pear Tree Lane

$450,000

● House - Off Market

1098 Pear Tree Lane

Wheeling, IL 60090

3 Beds

3 Baths, 1 Half Bath

1,644 Ft²

$2,844

Est. Monthly

5.77%

Cap Rate

About This Property

Newly rehab in June 2024. This tri-level home - 3 bedrooms and 2.5 bathrooms located in the desirable Ridgefield subdivision ,walking distance from Pleasant Run Park with its playground, walking trails, and green space. Good schools. New kitchen with GE appliances , brand new GE washer and dryer , New AC , New Roof , New Skylight , New Furnace , New Hot water tank , New Sum pump, New windows , New humidifier, New garage door machine, large primary bedroom with attached full bathroom. Heated 2 Car attached garage . Finished basement and more. All rehab work is done with permits , licensed and inspected by village of wheeling.

Unit Size

1,644 Ft²

Days on Market

Land Size

0.27 acres

Price per sqft

$271

Property Type

House

Property Taxes

$659

HOA Dues

Year Built

1985

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12084059)

Price History

Date / Event	Date	Event
Aug 9, 2024	Sold	Premium
Sold
Jul 28, 2024	In contract	-
In contract
Jul 25, 2024	Price Decreased	$445,000 ↓ $25K (5.3%)
Price Decreased
Jul 20, 2024	Relisted	$470,000
Relisted
Jul 9, 2024	In contract	-
In contract
Jul 6, 2024	Relisted	$485,000
Relisted
Jun 20, 2024	In contract	-
In contract
Jun 14, 2024	Listed by Kale Realty	$485,000
Listed by Kale Realty
Jan 10, 2024	Sold	Premium
Sold
Dec 18, 2023	Listed by Riverside Management	$290,000
Listed by Riverside Management

	This tri-level home is attractively located in the desirable Ridgefield subdivision a one-minute walk from Pleasant Run Park with its playground, walking trails, and green space. The main floor living area and kitchen feature tall, vaulted, beamed ceilings and large, south-facing bay windows, which creates an airy, cheery primary living space. The kitchen/dining combo space has a spacious eating area. The upper level features a large primary bedroom with full, ensuite bathroom and two large, bright guest bedrooms with south-facing windows. Full guest bathroom. The lower level is a cozy family room with sliding door access to the patio area. The guest bath attaches to a laundry room for easy access. Heated garage with sink. Finished basement and separate, unfinished mechanical room. Investor opportunity to add value to a home in a hot neighborhood or for a homeowner looking to enter the area at an attractive price point. Selling AS IS.

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1985

Effective Year Built: 1985
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 60
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 11,522

Total Building Area: 1,644
Gross Building Area: 1,644
Building Area: 1,644
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 1,644
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LEMKE FARMS SUB UNIT2
Land Acres: 0000000265
Standard Land Use Code: 1001
County Land Use Code: 2-07
Legal Description 1: (LEMKE) (FARMS) SUB (UNIT2) BEING SUB OF PT OF EH NE SEC 15-42-11

Neighborhood

School District Name: Prospect Heights School District 23

Census Tract: 803014

Geography

District: 38

Parcel: 03-15-216-069-0000
Lot: 182
Meridian: SEC 15 TWN 42N RNG 11E
Municipality: WHEELING
Latitude: 42.118
Longitude: -87.9312

Address

Full Address: 1098 Pear Tree Ln

Legal Unit: 2
Address - House Number: 1098
Address - Street Name: Pear Tree
Address - Suffix Type: Ln
State: IL
City Name: Wheeling
Carrier Code: C001
4-Digit Zip Code: 5719
Zip Code: 60090

Valuation

Tax

Tax Year: 2022

Tax Amount: $790,749
Tax Rate Code Area: 38035

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 416,255
High Value: 511,303
Low Value: 321,207

Market Valuation

Market Total Value: $340,000

Market Land Value: $126,740
Market Improvement Value: $213,260

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $34,000
Assessed Land Value: $12,674
Assessed Improvements Value: $21,326

Sales

Current Sale Contract Date: Jan 05, 2024

Current Sale Recording Date: Feb 02, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 46027

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Wheeling

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

Average Home Size

1334 ft²

Average Home Age

47.4 years

Currently For Sale

52 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 55 E Jeffrey Avenue, Wheeling, IL, 60090

$2,700 /mo

3 Beds
1 Bath
1,200 ft²

55 E Jeffrey Avenue #HOUSE, Wheeling, IL, 60090 Listing by Berthene Christos

Unit for rent at 16 E Old Willow Road, Prospect Heights, IL, 60070

$2,750 /mo

3 Beds
2 Baths
1,600 ft²

16 E Old Willow Road #433S, Prospect Heights, IL, 60070 Listing by Liliana Lohan

Unit for rent at 388 Nancy Lane, Wheeling, IL, 60090

$2,800 /mo

3 Beds
2 Baths
1,200 ft²

388 Nancy Lane, Wheeling, IL, 60090 Listing by Alexander Mirgorodsky

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Salman Khan, Kale Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12084059

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1098 Pear Tree Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Wheeling

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions