When was property at 1422 Madison Drive built and last sold?

The property at 1422 Madison Drive was built in 1988 and last sold on Sep 26, 1997 for $170,000.

How much is this home worth?

The estimated value of the home located at 1422 Madison Drive is $644,422.

What are some comparable homes to 1422 Madison Drive?

There are currently no comparable homes to 1422 Madison Drive.

Buffalo Grove

60089

Old Farm Village

1422 Madison Road

Sold on Aug 6, 2026

Map

$610,000

● House - Off Market

1422 Madison Road

Buffalo Grove, IL 60089

3 Beds

2 Baths, 1 Half Bath

2,500 Ft²

$4,505

Est. Monthly

2.89%

Cap Rate

About This Property

Welcome to this beautifully maintained home in sought-after Old Farm Village. Thoughtfully designed, this open-concept home offers an abundance of natural light and features hardwood floors throughout. Ideally situated on a quiet interior street, it combines timeless appeal with everyday functionality. The main level features a bright and inviting layout with spacious living and dining areas, perfect for both entertaining and daily living. The kitchen opens seamlessly to the family room, creating a warm and connected space. Upstairs, you'll find three bedrooms, including a generously sized primary suite with custom closet space and a private bath featuring a marble countertop. The finished basement provides valuable additional living space, ideal for a recreation room, workout area, or playroom, along with ample storage. Step outside to enjoy a private, fenced-in backyard, perfect for outdoor dining, relaxing, or entertaining. Located within the highly desirable Adlai E. Stevenson High School district, this home also offers convenient access to parks, walking paths, shopping, dining, and major roadways.

Unit Size

2,500 Ft²

Days on Market

Land Size

Price per sqft

$256

Property Type

House

Property Taxes

$1,367

HOA Dues

Year Built

1988

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Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1988

Effective Year Built: 1988
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: 845
Garage Type: 1
Garage Square Area: 400
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,751

Total Building Area: 3,323
Gross Building Area: 3,323
Building Area: 2,078
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 0
Heated Square Feet: 2,078
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: OLD FARM VILLAGE UNIT 8
Land Acres: 0000000201
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: OLD FARM VILLAGE UNIT 8; LOT2 BLK 9 LOT 2 BLOCK 9

Neighborhood

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

Census Tract: 864520

Geography

Assessors Map Reference: 2701-D6

District: VERNON
Parcel: 15-28-211-018
Block: 9
Lot: 2
Municipality: TWP OF VERNON
Latitude: 42.1786
Longitude: -87.9508

Address

Full Address: 1422 Madison Dr

Legal Unit: 8
Address - House Number: 1422
Address - Street Name: Madison
Address - Suffix Type: Dr
State: IL
City Name: Buffalo Grove
Carrier Code: C063
4-Digit Zip Code: 6828
Zip Code: 60089

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,341,700
Tax Rate Code Area: 16092

Appraisal Valuation

Standard Deviation: 0.1646

Valuation Date: Feb 28, 2024
Confidence Score: 79
Final Value: 537,649
High Value: 626,197
Low Value: 449,101

Market Valuation

Market Total Value: $486,979

Market Land Value: $120,603
Market Improvement Value: $366,376

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $162,310
Assessed Land Value: $40,197
Assessed Improvements Value: $122,113

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Sep 26, 1997

Current Sale Recording Date: Oct 01, 1997
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 4026965

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Due Date:

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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:

$584,000

Sale Price/ft²

$280

Below Asking

0.01%

Average Days on Market

Average Home Size

2343 ft²

Average Home Age

60 years

Currently For Sale

3 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

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$3,013 /mo

2 Beds
2 Baths
1,637 ft²

250 Mchenry Road #B2B3, Buffalo Grove, IL, 60089 Listing by Sherry Mustafov

Unit for rent at 2393 Madiera Court, Buffalo Grove, IL, 60089

$3,250 /mo

3 Beds
2 Baths
2,022 ft²

2393 Madiera Court, Buffalo Grove, IL, 60089 Listing by Moin Haque

Unit for rent at 164 White Branch Court, Buffalo Grove, IL, 60089

$2,840 /mo

3 Beds
2 Baths
1,407 ft²

164 White Branch Court, Buffalo Grove, IL, 60089 Listing by Abhijit Leekha

Rentals Near You

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Listed by: Jenny Fisher, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12612329

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.