When was property at 740 West Paddock Drive built and last sold?

The property at 740 West Paddock Drive was built in 1987 and last sold on Feb 13, 2024 for $450,000.

How much is this home worth?

The estimated value of the home located at 740 West Paddock Drive is $0.

What are some comparable homes to 740 West Paddock Drive?

There are currently no comparable homes to 740 West Paddock Drive.

Wheeling

60090

740 W Paddock Drive

$450,000

● House - Off Market

740 W Paddock Drive

Wheeling, IL 60090

3 Beds

3 Baths, 1 Half Bath

1,600 Ft²

$2,804

Est. Monthly

5.88%

Cap Rate

About This Property

Experience luxury living in the Polo Run neighborhood of Wheeling! This stunning home boasts a redesigned kitchen and gleaming hardwood floors throughout the first floor. Entertain guests in the spacious family room, complete with built-ins and a gorgeous gas starter fireplace. Step outside onto the expansive composite deck, featuring a jacuzzi hot tub, outdoor kitchen, and lighted posts, creating the perfect atmosphere for outdoor gatherings. Upstairs, discover three large bedrooms and a beautifully remodeled bathroom. The full basement offers a fourth bedroom, full bath, and a generous entertaining space or rec room, along with a convenient laundry room. Nestled on a fenced corner lot, this home is the epitome of comfort and style - truly a dream residence.

Unit Size

1,600 Ft²

Days on Market

Land Size

0.22 acres

Price per sqft

$274

Property Type

House

Property Taxes

$653

HOA Dues

Year Built

1987

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11959877)

Price History

Date / Event	Date	Event
Feb 22, 2024	Sold	Premium
Sold
Jan 19, 2024	Listed by Baird & Warner	$438,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1987

Effective Year Built: 1987
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
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: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,534

Total Building Area: 1,600
Gross Building Area: 1,600
Building Area: 1,600
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 1,600
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: POLO RUN UNITII
Land Acres: 0000000219
Standard Land Use Code: 1001
County Land Use Code: 2-07
Legal Description 1: (POLO) (RUN) (UNITII) FINAL PLAT OF SUB OF PT OF THE SE SEC 15-42-11

Neighborhood

School District Name: Prospect Heights School District 23

Census Tract: 803014

Geography

District: 38

Parcel: 03-15-409-001-0000
Lot: 105
Meridian: SEC 15 TWN 42N RNG 11E
Municipality: WHEELING
Latitude: 42.1146
Longitude: -87.935

Address

Full Address: 740 W Paddock Dr

Legal Unit: 2
Address - House Number: 740
Street Direction: W
Address - Street Name: Paddock
Address - Suffix Type: Dr
State: IL
City Name: Wheeling
Carrier Code: C046
4-Digit Zip Code: 5958
Zip Code: 60090

Valuation

Tax

Tax Year: 2022

Tax Amount: $783,259
Tax Rate Code Area: 38035

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 433,086
High Value: 476,874
Low Value: 389,298

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 Financing Type:

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: $310,000

Market Land Value: $104,870
Market Improvement Value: $205,130

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $31,000
Assessed Land Value: $10,487
Assessed Improvements Value: $20,513

Sales

Current Sale Contract Date: Feb 13, 2024

Current Sale Recording Date: Feb 28, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 6231
Previous Sale Recording Date: Mar 18, 2005
Previous Sale Contract Date: Mar 12, 2005
Previous Sale Amount: $368,000
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

Financing

First Mortgage Financing Type: ADJ

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

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 Wheeling

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

Average Home Size

1360 ft²

Average Home Age

47.2 years

Currently For Sale

49 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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$2,995 /mo

4 Beds
1 Bath

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Unit for rent at 411 Hickory Drive, Wheeling, IL, 60090

$3,000 /mo

3 Beds
2 Baths
1,900 ft²

411 Hickory Drive #411, Wheeling, IL, 60090 Listing by Matthew Messel

Unit for rent at 495 Crow Lane, Wheeling, IL, 60090

$2,950 /mo

3 Beds
2 Baths
1,800 ft²

495 Crow Lane #495, Wheeling, IL, 60090 Listing by Mihaela Gradinari

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Bryan Nelson, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11959877

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.

740 W Paddock Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Wheeling

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions