See Home Value
Wheeling 60090
940 Woodland Drive
$462,500
● House - Off Market

940 Woodland Drive

Wheeling, IL 60090
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,091 Ft²
$2,941
Est. Monthly
7.56%
Cap Rate

About This Property

2024 New tear off roof, gutters, gutter guards, AC, painted throughout, ceiling fans and stainless steel kitchen appliances. 2022 new patio with a remote-controlled retractable awning.  The house features a design without any carpeting showcasing elegant crown molding, plantation shutters in the living room and a full-view storm door. Radiant heating and space pac A/C are installed in the home.  The modern kitchen is equipped with white cabinetry, quartz countertops, breakfast bar, and new stainless-steel appliances. The space is open and well-lit, featuring a sliding door that leads to the patio. The home includes an office equipped with built-in cabinets.    This residence boasts a freshly painted spacious in-law suite with living room, bedroom and complete with its own kitchen, a full bathroom featuring a walk-in shower, and ample, walk-in closet space. It offers a separate entrance, perfect for multi-generational families or those seeking additional income.  The suite provides privacy and comfort with its dedicated air conditioning and forced air heating systems. The home could easily be transformed into a single, integrated living space. It features a well-maintained perennial garden, programmed exterior lighting, and a retractable awning over the patio, accessible via sliding doors. The property includes a private fenced backyard, three storage sheds, and a garage with extra storage, shelving, a service door, and a freezer.  Both the main house and the in-law suite are equipped with their own water heaters.    Situated in the Hollywood Ridge subdivision, the house is within the Buffalo Grove High School district and a short walk from the elementary school. It is close to a variety of shopping options, including grocery stores, restaurants, and gas stations. Home is meticulously maintained. This home is a rare gem.
Unit Size
2,091 Ft²
Days on Market
-
Land Size
-
Price per sqft
$227
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1961

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12157997)

Price History

Date / Event Date Event Price
Nov 18, 2024 Sold
Sold
Oct 21, 2024 In contract -
In contract
Oct 15, 2024 Price Decreased $475,000
↓ $9K (1.9%)
Price Decreased
Oct 4, 2024 Price Decreased $484,000
↓ $15K (3%)
Price Decreased
Sep 12, 2024 Listed by RE/MAX United $499,000
Listed by RE/MAX United

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,253
  • Total Building Area: 2,091
  • Gross Building Area: 2,091
  • Building Area: 2,091
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,091
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLYWOOD RIDGE UNIT1
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (HOLLYWOOD) (RIDGE) (UNIT1) A RESUB OF PT LTS14-16 IN OWNERS DIVN OF BUFFALO CREEK FARMS SUB OF PT SECS2-4,9-10 SEC 03-42-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802504

Geography

  • District: 38
  • Parcel: 03-03-303-033-0000
  • Lot: 14-16
  • Meridian: SEC 03 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1415
  • Longitude: -87.9415

    Address

  • Full Address: 940 Woodland Dr
  • Legal Unit: 1
  • Address - House Number: 940
  • Address - Street Name: Woodland
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C032
  • 4-Digit Zip Code: 3933
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $730,083
  • Tax Rate Code Area: 38055

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 369,425
  • High Value: 454,225
  • Low Value: 284,626

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $54,400
  • Market Improvement Value: $235,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $5,440
  • Assessed Improvements Value: $23,560

    Sales

  • Current Sale Contract Date: Nov 29, 2016
  • Current Sale Recording Date: Feb 01, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1703255109
  • Previous Sale Recording Date: Aug 06, 1998
  • Previous Sale Contract Date: May 22, 1998
  • Previous Sale Amount: $174,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Wheeling


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 920 Jenkins Court, Wheeling, IL, 60090

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,917 ft²
920 Jenkins Court #4E, Wheeling, IL, 60090 Listing by Mohammed Khan
Unit for rent at 20831 N Maple Court, Deerfield, IL, 60015

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,584 ft²
20831 N Maple Court, Deerfield, IL, 60015 Listing by Emil Tavriver
Unit for rent at 20589 N Horatio Boulevard, Prairie View, IL, 60069

$4,000 /mo

  • 4 Beds
  • 3 Baths
  • 3,026 ft²
20589 N Horatio Boulevard, Prairie View, IL, 60069 Listing by Pankaj Patel


Frequently Asked Questions

When was property at 940 Woodland Drive built and last sold?
The property at 940 Woodland Drive was built in 1961 and last sold on Nov 29, 2016 for $225,000.
How much is this home worth?
The estimated value of the home located at 940 Woodland Drive is $479,426.
What are some comparable homes to 940 Woodland Drive?
There are currently no comparable homes to 940 Woodland Drive.