See Home Value
$685,000
● House - Off Market

5 Wakefield Lane

Buffalo Grove, IL 60089
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,444 Ft²
$4,630
Est. Monthly

About This Property

Beautifully updated and move-in ready, this spacious 4-bedroom (5th bedroom in basement), 2.1-bath home is located in one of Buffalo Grove's most sought-after neighborhoods, all within the highly acclaimed Stevenson High School district.    Step inside to a bright, open floor plan featuring a dramatic two-story foyer, expansive living room, inviting family room, and a separate dining room-perfect for both everyday living and entertaining. The updated eat-in kitchen showcases new quartz countertops, modern lighting, and newer high-end stainless steel appliances.    Extensive recent improvements provide peace of mind, including a brand New Roof, HVAC system (brand New Furnace and A/C), brand New Water Heater, updated lighting, and new flooring throughout-Maple Hardwood on the main level and luxury vinyl plank on the 2nd floor and basement.  The finished basement offers incredible flexibility with a 5th bedroom, wet bar with new quartz countertop and sink, and abundant storage-ideal for guests, a home office, or recreation space or a space for Meditation or a mini home theater.  Gas grill and security system in ASIS condition.  Enjoy outdoor living in the Fenced Yard featuring a brand-new concrete patio and underground sprinkler system. Additional highlights include an attached epoxy flooring - two-car garage and windows approximately 10 years old.
Unit Size
2,444 Ft²
Days on Market
-
Land Size
-
Price per sqft
$278
Property Type
House
Property Taxes
$1,292
HOA Dues
-
Year Built
1978

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • 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: 806
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,667
  • Total Building Area: 3,710
  • Gross Building Area: 3,710
  • Building Area: 2,444
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,444
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND GROVE UNIT NO 2
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HIGHLAND GROVE UNIT NO 2 LOT 1 BLOCK 13

Neighborhood

  • School District Name: Adlai E. Stevenson High School District 125
  • Census Tract: 864519

Geography

  • Assessors Map Reference: 2701-D7
  • District: VERNON
  • Parcel: 15-33-102-001
  • Block: 13
  • Lot: 1
  • Municipality: TWP OF VERNON
  • Latitude: 42.1642
  • Longitude: -87.9583

    Address

  • Full Address: 5 Wakefield Ln
  • Legal Unit: 2
  • Address - House Number: 5
  • Address - Street Name: Wakefield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C035
  • 4-Digit Zip Code: 1542
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,267,460
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 16092

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 548,752
  • High Value: 636,416
  • Low Value: 461,089

    Market Valuation

  • Market Total Value: $462,032
  • Market Land Value: $85,107
  • Market Improvement Value: $376,925

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,995
  • Assessed Land Value: $28,366
  • Assessed Improvements Value: $125,629

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Highland Grove


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Frequently Asked Questions

When was property at 5 Wakefield Lane built and last sold?
The property at 5 Wakefield Lane was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Wakefield Lane is $692,701.
What are some comparable homes to 5 Wakefield Lane?
There are currently no comparable homes to 5 Wakefield Lane.