When was property at 74 Wakefield Lane built and last sold?

The property at 74 Wakefield Lane was built in 1982 and last sold on Aug 23, 2016 for $56,000.

How much is this home worth?

The estimated value of the home located at 74 Wakefield Lane is $428,928.

What are some comparable homes to 74 Wakefield Lane?

There are currently no comparable homes to 74 Wakefield Lane.

Buffalo Grove

60089

Highland Grove

74 Wakefield Lane

$420,000

● House - Off Market

74 Wakefield Lane

Buffalo Grove, IL 60089

3 Beds

3 Baths, 1 Half Bath

1,580 Ft²

$2,902

Est. Monthly

6.17%

Cap Rate

About This Property

Ideally located in the center of Buffalo Grove, this home sits on a lovely, tree lined street with a large fenced yard, and is full of potential! Upstairs you'll find 3 bedrooms, including a primary en-suite, with full hall bath, and downstairs has 2 living areas, a separate dining room, and spacious eat-in kitchen with pantry overlooking the backyard. Featuring updated windows, roof, and mechanicals, this home is ready to go for new owners! Close proximity to numerous parks, the Metra stop, shopping, and easy access to expressways. Come see it before it's gone!

Unit Size

1,580 Ft²

Days on Market

Land Size

Price per sqft

$266

Property Type

House

Property Taxes

$839

HOA Dues

Year Built

1982

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12119345)

Price History

Date / Event	Date	Event
Sep 13, 2024	Sold	Premium
Sold
Aug 23, 2024	In contract	-
In contract
Aug 17, 2024	Relisted	$420,000
Relisted
Jul 30, 2024	In contract	-
In contract
Jul 26, 2024	Listed by Compass	$420,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1982

Effective Year Built: 1982
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: 8
Basement Area: 650
Garage Type: 1
Garage Square Area: 399
Parking Space Count: 1
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,492

Total Building Area: 1,979
Gross Building Area: 1,979
Building Area: 1,580
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 0
Heated Square Feet: 1,580
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: 0000000172
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: HIGHLAND GROVE UNIT NO 2 LOT 10 BLOCK 14

Neighborhood

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

Census Tract: 864519

Geography

Assessors Map Reference: 2754-D1

District: VERNON
Parcel: 15-33-101-007
Block: 14
Lot: 10
Municipality: TWP OF VERNON
Latitude: 42.1638
Longitude: -87.9568

Address

Full Address: 74 Wakefield Ln

Legal Unit: 2
Address - House Number: 74
Address - Street Name: Wakefield
Address - Suffix Type: Ln
State: IL
City Name: Buffalo Grove
Carrier Code: C035
4-Digit Zip Code: 1543
Zip Code: 60089

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,007,100
Tax Rate Code Area: 16092

Appraisal Valuation

Standard Deviation: 0.1706

Valuation Date: Feb 28, 2024
Confidence Score: 78
Final Value: 435,738
High Value: 510,080
Low Value: 361,395

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $358,125

Market Land Value: $98,527
Market Improvement Value: $259,598

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $119,363
Assessed Land Value: $32,839
Assessed Improvements Value: $86,524

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 23, 2016

Current Sale Recording Date: Sep 21, 2016
Current Sale Price:

Premium
Current Sale Document Type: 40
Current Sale Input Document Number: 7330380
Previous Sale Recording Date: Oct 25, 1999
Previous Sale Contract Date: Oct 07, 1999
Previous Sale Amount: $217,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Highland Grove

Stats & Trends

Median Asking:

$644,900

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

Average Home Size

1992 ft²

Average Home Age

47.5 years

Currently For Sale

2 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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$2,900 /mo

3 Beds
1 Bath
1,625 ft²

476 Raupp Boulevard, Buffalo Grove, IL, 60089 Listing by Anzhalika Tkachenka

Unit for rent at 920 Chaucer Way, Buffalo Grove, IL, 60089

$3,200 /mo

3 Beds
2 Baths
1,855 ft²

920 Chaucer Way, Buffalo Grove, IL, 60089 Listing by Kasia Zajac

Unit for rent at 250 Mchenry Road, Buffalo Grove, IL, 60089

$3,013 /mo

2 Beds
2 Baths
1,637 ft²

250 Mchenry Road #B1, Buffalo Grove, IL, 60089 Listing by Sherry Mustafov

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lauren Mitrick Wood, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 12119345

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.

74 Wakefield Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Highland Grove

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions