When was property at 1311 Madison Drive built and last sold?

The property at 1311 Madison Drive was built in 1987 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 1311 Madison Drive is $576,719.

What are some comparable homes to 1311 Madison Drive?

There are currently no comparable homes to 1311 Madison Drive.

Buffalo Grove

60089

Old Farm Village

1311 Madison Drive

$585,000

● House - Off Market

1311 Madison Drive

Buffalo Grove, IL 60089

3 Beds

4 Baths, 1 Half Bath

2,096 Ft²

$3,948

Est. Monthly

4.33%

Cap Rate

About This Property

Lovingly maintained by one family, this Colonial Greenhurst model in the desirable Old Farm Village Subdivision features 3 Bedrooms, 3 1/2 Bathrooms and a Finished Basement w/ a cedar closet and lots of storage. Located in top rated Stevenson High School District, this prime cul-de-sac lot sits on 1/3 of an acre! Expansive living and dining rooms with cathedral ceilings; a large updated eat-in kitchen opens to the family room with built-in wall unit; first floor office and laundry room that leads to a 2 car garage; upstairs consists of primary bedroom w/ large walk -in closet & ensuite bath; two additional bedrooms and bath. All combine to create a wonderful home! Pritchett Elementary and Meridian/Aptakisic Middle School District. Located near trains, restaurants, and parks!

Unit Size

2,096 Ft²

Days on Market

Land Size

0.34 acres

Price per sqft

$274

Property Type

House

Property Taxes

$1,124

HOA Dues

Year Built

1987

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12175889)

Price History

Date / Event	Date	Event
Dec 11, 2024	Sold	Premium
Sold
Oct 23, 2024	In contract	-
In contract
Oct 1, 2024	Listed by @properties Christie's International Real Estate	$575,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1987

Effective Year Built: 1987
Building Count: 1
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 4
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 9
Basement Area: 1,136
Garage Type: 1
Garage Square Area: 440
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 14,645

Total Building Area: 3,672
Gross Building Area: 3,672
Building Area: 2,096
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 2,096
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: OLD FARM VILLAGE UNIT 7
Land Acres: 0000000336
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: OLD FARM VILLAGE UNIT 7; LOT 7 IN BLK 7

Neighborhood

School District Name: Adlai E. Stevenson High School District 125

Census Tract: 864520

Geography

Assessors Map Reference: 2701-D6

District: VERNON
Parcel: 15-28-210-007
Block: 7
Lot: 7
Municipality: TWP OF VERNON
Latitude: 42.1767
Longitude: -87.9534

Address

Full Address: 1311 Madison Dr

Legal Unit: 7
Address - House Number: 1311
Address - Street Name: Madison
Address - Suffix Type: Dr
State: IL
City Name: Buffalo Grove
Carrier Code: C063
4-Digit Zip Code: 6827
Zip Code: 60089

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,348,656
Tax Rate Code Area: 16092

Appraisal Valuation

Standard Deviation: 0.1597

Valuation Date: Feb 28, 2024
Confidence Score: 80
Final Value: 543,163
High Value: 629,934
Low Value: 456,393

Market Valuation

Market Total Value: $472,902

Market Land Value: $96,526
Market Improvement Value: $376,376

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $157,618
Assessed Land Value: $32,172
Assessed Improvements Value: $125,446

Exemptions

Homeowner Exemption: Yes

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

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Comparables

About Old Farm Village

Stats & Trends

Median Asking:

$584,500

Sale Price/ft²

$289

Below Asking

0.01%

Average Days on Market

Average Home Size

2109 ft²

Average Home Age

54.8 years

Currently For Sale

4 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 250 Mchenry Road, Buffalo Grove, IL, 60089

$3,013 /mo

2 Beds
2 Baths
1,637 ft²

250 Mchenry Road #B1, Buffalo Grove, IL, 60089 Listing by Sherry Mustafov

Unit for rent at 2564 Waterbury Lane, Buffalo Grove, IL, 60089

$3,300 /mo

3 Beds
2 Baths
1,636 ft²

2564 Waterbury Lane #2564, Buffalo Grove, IL, 60089 Listing by Shameem Gous Sayyad

Unit for rent at 920 Chaucer Way, Buffalo Grove, IL, 60089

$3,200 /mo

3 Beds
2 Baths
1,855 ft²

920 Chaucer Way, Buffalo Grove, IL, 60089 Listing by Kasia Zajac

Rentals Near You

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Listed by: Debbie Croft, @properties Christie's International Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12175889

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.

1311 Madison Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Old Farm Village

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions