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362 Covington Terrace

362 Covington Terrace, Buffalo Grove, IL 60089
Townhouse in Wheeling
362 Covington Terrace has been categorized by the local assessors in Buffalo Grove, IL as a type of property. The building on the property was first built in 1986 and is 40 years old. The home has a total of 2 bedrooms. In addition, 362 Covington Terrace has 232,812 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 484,310 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Dec 30, 2004 for $235,000. That's $1.01 per sqft. 362 Covington Terrace was last assessed in 2023. The total value of the property was assessed at $22,150. Specifically, the land the property is located on was valued at $3,313. While improvements on the property were assessed at a total of $18,837. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $81,855. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Pet Policy

Cats Allowed
Dogs Allowed

Facilities

Laundry Room

Parking

Attached Garage
Garage Parking

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20260616
06/16/2026
2 Bed
2 Bath
1240 ft²
$299,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1240 ft²
$308,000 +2.70%
06/29/2026
Connie Hoos
Coldwell Banker Realty
20241010
10/10/2024
2 Bed
2 Bath
1240 ft²
$290,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1240 ft²
$274,900 -5.21%
12/06/2024
Julie Murtaugh
Baird & Warner


Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 484,310
  • Total Building Area: 232,812
  • Gross Building Area: 232,812
  • Building Area: 232,812
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 232,812
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COVINGTON MANOR CONDO
  • Land Acres: 0000011118
  • Standard Land Use Code: 1004
  • County Land Use Code: 2-99

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803007

Geography

  • District: 38
  • Parcel: 03-08-201-038-1012
  • Meridian: SEC 08 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1365
  • Longitude: -87.9685

    Address

  • Full Address: 362 Covington Ter
  • Address - House Number: 362
  • Address - Street Name: Covington
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C026
  • 4-Digit Zip Code: 9107
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $81,855
  • Tax Rate Code Area: 38077

    Appraisal Valuation

  • Standard Deviation: 0.1919
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 273,274
  • High Value: 325,727
  • Low Value: 220,820

    Market Valuation

  • Market Total Value: $221,500
  • Market Land Value: $33,130
  • Market Improvement Value: $188,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,150
  • Assessed Land Value: $3,313
  • Assessed Improvements Value: $18,837

    Sales

  • Current Sale Contract Date: Dec 30, 2004
  • Current Sale Recording Date: Jan 05, 2005
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0500508101
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 362 Covington Terrace located in?
The 362 Covington Terrace is a townhouse located in the neighborhood of Wheeling in Buffalo Grove, Buffalo Grove.
What is the average sales price for listings in 362 Covington Terrace?
The average sales price for units in 362 Covington Terrace is $0 currently.