See Home Value
Buffalo Grove 60089
462 Forestway Drive
$583,000
● House - Off Market

462 Forestway Drive

Buffalo Grove, IL 60089
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,464 Ft²
$3,974
Est. Monthly
5.74%
Cap Rate

About This Property

Discover the true essence of this remarkable home-pictures simply don't do it justice! Nestled in the highly sought-after Buffalo Grove school district, this upscale residence boasts an expansive 3,464 sq ft floor plan with 5 bedrooms and 2.5 baths. The home features dual staircases for seamless access throughout and has been meticulously maintained with a decade of thoughtful updates, including siding, windows, mechanical systems, crawl space, and a unique encapsulated storm shelter. New roof 2024. Inside, elegant dark wood floors, custom railings, doors and trim create an inviting atmosphere. The chef's dream kitchen was completely redone and equipped with stainless steel appliances, stunning granite  and ample space for culinary pursuits. The open and modern floor plan includes a first-floor family room with cathedral ceilings and a gas fireplace with stone surround, while the living and dining areas feature an additional built-in electric fireplace, numerous windows and vast space for gatherings.  Upstairs, you'll find five spacious bedrooms, two updated full baths, and two versatile loft areas with abundant storage. The backyard is a private retreat, complete with a charming pergola, a firepit area for marshmallow evenings, and a sparkling pool for summer enjoyment. The meticulously landscaped grounds are enclosed within a fully fenced yard. Ideally situated near Longfellow Elementary School, with Cooper Middle School and Buffalo Grove High School just a stroll away, this home also offers proximity to highways, the Metra line, and O'Hare Airport for convenient city access. Don't miss this exceptional opportunity-schedule your personal tour today!
Unit Size
3,464 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$172
Property Type
House
Property Taxes
$1,052
HOA Dues
-
Year Built
1973

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12106376)

Price History

Date / Event Date Event Price
Aug 19, 2024 Sold
Sold
Jul 26, 2024 In contract -
In contract
Jul 11, 2024 Listed by RE/MAX Suburban $595,000
Listed by RE/MAX Suburban
Apr 3, 2024 No longer available -
No longer available
Feb 7, 2024 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,120
  • Total Building Area: 2,905
  • Gross Building Area: 2,905
  • Building Area: 2,905
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,905
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STRATHMORE IN BUFFALO GROVE UNIT2
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (STRATHMORE) IN (BUFFALO) (GROVE) (UNIT2) RESUB OF OU TLTX-X IN STRATHMORE IN BUFFALO GROVE UNIT1 IN WH NW SEC 05-42-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803013

Geography

  • District: 38
  • Parcel: 03-05-305-050-0000
  • Lot: 487
  • Meridian: SEC 05 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1458
  • Longitude: -87.9827

    Address

  • Full Address: 462 Forestway Dr
  • Legal Unit: 2
  • Address - House Number: 462
  • Address - Street Name: Forestway
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C017
  • 4-Digit Zip Code: 3220
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,187,957
  • Tax Rate Code Area: 38077

    Appraisal Valuation

  • Standard Deviation: 0.1007
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 90
  • Final Value: 559,790
  • High Value: 616,193
  • Low Value: 503,386

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $73,080
  • Market Improvement Value: $346,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $7,308
  • Assessed Improvements Value: $34,692

    Sales

  • Current Sale Contract Date: Nov 23, 1995
  • Current Sale Recording Date: Dec 15, 1995
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 95874964

    Financing

  • First Mortgage Financing Type: VAR
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 Buffalo Grove


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 250 Mchenry Road, IL, 60089

$4,088 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
250 Mchenry Road #C1, IL, 60089 Listing by Sherry Mustafov
Unit for rent at 1002 Hobson Drive, Buffalo Grove, IL, 60089

$4,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,935 ft²
1002 Hobson Drive, Buffalo Grove, IL, 60089 Listing by Paresh Shah
Unit for rent at 750 Dunhill Drive, Buffalo Grove, IL, 60089

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,518 ft²
750 Dunhill Drive, Buffalo Grove, IL, 60089 Listing by Vijay Ghuge


Frequently Asked Questions

When was property at 462 Forestway Drive built and last sold?
The property at 462 Forestway Drive was built in 1973 and last sold on Nov 23, 1995 for $185,000.
How much is this home worth?
The estimated value of the home located at 462 Forestway Drive is $600,950.
What are some comparable homes to 462 Forestway Drive?
There are currently no comparable homes to 462 Forestway Drive.