NOT LISTED FOR SALE

1171 Prospect Ln Des Plaines, IL 60018

Estimated Value: $1,421,000 - $1,484,831

6 Beds
5 Baths
6,080 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $1,425,000 $234 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,265/month

22 Days on Market

Highlights

  • New Construction
  • Multiple Garages
  • Open Floorplan
  • Algonquin Middle School Rated A-
  • Heated Floors
  • Community Lake

About This Home

As of December 2024

Exquisite and meticulously crafted, this 6-bedroom, 5-bathroom residence, sprawling over 6,533 square feet, is a rare gem nestled near Lake Opeka. Located close to major highways, amazing restaurants, and the Rosemont Pavilion, this home offers both luxury and convenience. You have never seen new construction like this before! Entering through the stamped concrete driveway into the grand entrance, you are greeted by a spacious foyer with heated flooring, setting the tone for the rest of this majestic home. The main level features 10-foot ceilings, custom Venetian plaster, and elegant bookcases, creating a perfect canvas for your art collection. The expansive living room and sitting area are focused on gracious living, with one of the two fireplaces serving as a focal point. This space is ideal for both relaxation and entertainment. A chef's dream, the eat-in kitchen boasts custom wood cabinets, a large center island with gorgeous quartz countertops, and top-of-the-line 42" Cafe and Dacor appliances, including a double oven. Custom doors off the kitchen lead you to an enclosed gazebo, perfect for intimate gatherings and summer soirees. The home features custom mood lighting, Grohe trim and finishes, and a mesh security and Wi-Fi network throughout, ensuring both traditional and modern convenience. The grand staircase ushers you up to the upper levels, where you will find three ensuite bedrooms, all with exceptional millwork and sumptuous details. The primary suite is a true retreat, featuring custom ceilings and an ensuite bathroom clad in white marble. This luxurious bathroom boasts a double sink, oversized soaking tub, separate shower, and a separate water closet. The primary closet is a dream come true for any homeowner. The top floor is designed for each family member to have a private oasis, with a sunny junior suite featuring an outdoor balcony and ensuite. A Jack-and-Jill style bathroom is shared between two bedrooms. Above all, the bedrooms have their own walk-in closets. The second-floor laundry hook-up will make your life a breeze and allow for functionality and peace. The lower level is just as appealing, with a meticulously crafted fireplace, an amazing wet bar, a bedroom, a large game room, a steam-ready shower, and extra storage. The radiant floors will make every gathering that much more enjoyable with the ability to spread out with family and friends throughout this masterpiece. French doors lead you to a beautifully landscaped terrace with a built-in grill, outdoor ambient speakers, lighting, irrigation, and perfect serenity. This outdoor space is truly a showstopper. A small kitchen on this level makes entertaining a breeze. Perfectly poised near Lake Opeka, with easy access to major highways, fantastic restaurants, and the Rosemont Pavilion, this home represents a life of luxury and is ready for you to move right in and enjoy. You do not want to miss out on this gem!

Last Agent to Sell the Property

Chirag Thakkar

Seed Realty LLC License #471021860 Listed on: 10/24/2024

Co-Listed By

Alina Burlac

Seed Realty LLC License #475209493

Last Buyer's Agent

Kola Peters

Century 21 Universal License #475207432

Century 21 Universal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,661

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 55x182
  • Paved or Partially Paved Lot

Parking

  • 3.5 Car Attached Garage
  • Multiple Garages
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Victorian Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 6,080 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Bar
  • Historic or Period Millwork
  • Paneling
  • Coffered Ceiling
  • Ceiling height of 10 feet or more
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Full Attic
  • Storm Doors

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • European Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Sink Near Laundry
  • Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Gazebo

Schools

  • Plainfield Elementary School
  • Algonquin Middle School
  • Maine West High School

Utilities

  • Zoned Cooling
  • Two Heating Systems
  • Radiator
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Halls are 42 inches wide
  • Property is near a park

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,661

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary, Traditional, Victorian
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Year Built: 2024
  • Age: NEW Ready for Occupancy
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New/Proposed Construction Options: Appliance Package/Allowance,Bsmnt/Lower Lvl Finished,Central Air,Deck/Patio/Screened Porch,Energy Efficient Package,Exterior Brick/Cedar,Fireplace,Basement,Garage,Hardwood/Ceramic Floors,Landscaping,Skylight/s,Vinyl Clad Windows,Upgraded Roofing,Upgraded Insulation,Upgraded Cabinets And Counters,Zoned Heating/Cooling,Floor Plan Modifications Allowed
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Stainless Steel Appliance(s), Cooktop, Gas Cooktop, Gas Oven
  • Basement: Full
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Skylight(s), Bar-Wet, Hardwood Floors, Heated Floors, First Floor Bedroom, In-Law Arrangement, Second Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Ceiling - 9 Foot, Ceilings - 9 Foot, Coffered Ceiling(s), Open Floorplan, Special Millwork, Some Window Treatment, Hallways - 42 Inch, Some Wood Floors, Granite Counters, Some Insulated Wndws, Some Storm Doors, Paneling, Pantry, Plaster
  • LivingArea: 6080
  • Room Type: Bedroom 5, Bedroom 6, Breakfast Room, Office, Foyer, Mud Room, Walk In Closet, Balcony/Porch/Lanai, Storage
  • Estimated Total Finished Sq Ft: 6080
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Bidet,European Shower,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 6080
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 6080
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 2098
  • Attic: Full
  • Main Level Sq Ft: 2367
  • Lower Level Sq Ft: 1615
  • Unfinished Lower Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Plans

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 1475999
  • OtherStructures: Gazebo
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3.5
  • ParkingTotal: 9.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door,Multiple Garages
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Zoned
  • Heating: Natural Gas, Radiant, Radiator(s), Sep Heating Systems - 2+
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Plainfield Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Algonquin Middle School
  • Middle/Junior School District: 62
  • Junior High/Middle School #2: Iroquois Community School
  • Elementary School #2: Iroquois Community School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 55X182
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1661.19
  • Tax Year: 2022
  • Tax Exemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 13, 2024
Sold by
1171 Prospect Llc
Bought by
Adebiyi Florence and Ogunni Olaniyi
Seller's Agent
Chirag Thakkar
Seed Realty LLC
Buyer's Agent
Kola Peters
Century 21 Universal
List Price
$1,475,999
Sold Price
$1,425,000
Premium/Discount to List
-$50,999
-3.46%
Total Days on Market
22
Views
99
Current Estimated Value
$1,447,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,708
Avg. Annual Appreciation
3.66%
Original Mortgage
$1,257,500
Outstanding Balance
$1,254,933
Interest Rate
9.38%
Mortgage Type
New Conventional
Estimated Equity
$192,775
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adebiyi Florence $1,425,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adebiyi Florence $1,257,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $1,425,000 -3.5% $234 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $1,475,999 -- $243 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,661 $58,166 $6,457 $51,709
2023 $1,661 $6,457 $6,457 --
2022 $1,661 $6,457 $6,457 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12196337

Midwest Real Estate Data (MRED)

APN: 09-29-101-217-0000