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Buffalo Grove 60089 Highland Grove
65 WAKEFIELD Lane
$425,000
● House - Off Market

65 WAKEFIELD Lane

Buffalo Grove, IL 60089
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,224 Ft²
$465,729
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

5 bedroom, 3 baths home. 1st and 2nd floor master bedrooms with baths. Breathtaking floor plan features 2 story foyer and living room. Kitchen with stainless steel appliances, granite countertops and tile floor. Hardwood floors throughout all levels. Second floor luxury master bath with Jacuzzi and separate shower. Laundry room with cabinets and new washer/dryer. 2nd floor has 3 large bedrooms. Remodeled master bath and newer flooring on 2nd level. Remodeled finished basement with rec/entertainment/fam room, bedroom/office, extra storage and utility rooms. 2 car attached garage. Premier location. Near shopping, restaurants, recreation, parks and more. SELLER INCLUDING 2 YEAR HOME WARRANTY
Unit Size
2,224 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$197
Property Type
House
Property Taxes
$961
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11669455)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Nov 8, 2022 Listed by Core Realty & Investments Inc. $439,000
Listed by Core Realty & Investments Inc.

Property Highlights

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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 675
  • 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: 7,353
  • Total Building Area: 2,684
  • Gross Building Area: 2,684
  • Building Area: 1,549
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,549
  • 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: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HIGHLAND GROVE UNIT NO 2 LOT 7 BLOCK 13

Neighborhood

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

Geography

  • Assessors Map Reference: 2754-D1
  • District: VERNON
  • Parcel: 15-33-102-007
  • Block: 13
  • Lot: 7
  • Municipality: TWP OF VERNON
  • Latitude: 42.1635
  • Longitude: -87.9572

    Address

  • Full Address: 65 Wakefield Ln
  • Legal Unit: 2
  • Address - House Number: 65
  • 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: $1,224,336
  • Tax Rate Code Area: 16092

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 468,577
  • High Value: 550,707
  • Low Value: 386,447

    Market Valuation

  • Market Total Value: $423,214
  • Market Land Value: $96,364
  • Market Improvement Value: $326,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,057
  • Assessed Land Value: $32,118
  • Assessed Improvements Value: $108,939

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Jan 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7952299
  • Previous Sale Recording Date: Sep 11, 1998
  • Previous Sale Contract Date: Aug 24, 1998
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Highland Grove

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$266

Below Asking

0.01%

Average Days on Market

32

Average Home Size

2652 ft²

Average Home Age

42.8 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, 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Kazakish, Core Realty & Investments Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11669455
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.

Frequently Asked Questions

When was property at 65 Wakefield Lane built and last sold?
The property at 65 Wakefield Lane was built in 1978 and last sold on Dec 9, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 65 Wakefield Lane is $0.
What are some comparable homes to 65 Wakefield Lane?
There are currently no comparable homes to 65 Wakefield Lane.
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