$505,000
SOLD MAR 28, 2025

120 Borthwick Ln Unit 26 Inverness, IL 60067

Inverness Neighborhood
2 Beds
2.5 Baths
2,200 Sq Ft
44 Acres

Recently Sold

$230 Per Sq Ft

8% Below List Price

32 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Ranch Style House
  • Marion Jordan Elementary School Rated A-
  • Deck
  • Whirlpool Bathtub

About This Home

As of March 2025

Rarely available! Very spacious (2,200 square feet not including the basement) brick and cedar ranch with unfinished basement in the highly desired Inverness on the Ponds. Elegant floor plan with a large entry foyer, living room, formal dining room, family room with fireplace, kitchen with eating area, laundry room, 2 spacious bedrooms, 2 and 1/2 bathrooms, large unfinished basement, and attached 2 car heated garage. Home needs cosmetic remodeling/renovation. Being sold As-Is condition.

Last Agent to Sell the Property

Nick Powers

Baird & Warner License #475122366

Baird & Warner

Last Buyer's Agent

Jeanne DeSanto

@properties Christie's International Real Estate License #475130475

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,890

Year Built

  • Built in 1986

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Double Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Marion Jordan Elementary School
  • Walter R Sundling Middle School
  • Wm Fremd High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Paved or Partially Paved Lot

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include insurance, doorman, lawn care, scavenger, snow removal
  • Jack Monco Association, Phone Number (847) 910-2470
  • Alexander
  • Property managed by New London Associates
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,890

Year Built

Built in 1986

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Condo
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Skylight(s), First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2200
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 539000
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Community Features: Lake, Curbs, Gated, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: New London Associates
  • Management Contact Name: Jack Monco
  • Management Phone: 847-910-2470
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Doorman, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Marion Jordan Elementary School
  • High School: Wm Fremd High School
  • Middle/Junior School: Walter R Sundling Middle School
  • Middle/Junior School District: 15

Lot Info

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

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4890
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $505,000 -6.3% $230 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/08/2025 03/08/25 Price Changed $539,000 -2.0% $245 / Sq Ft
02/10/2025 02/10/25 For Sale $550,000 -- $250 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,712 $39,009 $3,036 $35,973
2023 $4,712 $39,009 $3,036 $35,973
2022 $4,712 $39,009 $3,036 $35,973
2021 $5,115 $34,585 $2,024 $32,561
2020 $4,686 $34,585 $2,024 $32,561
2019 $4,620 $38,476 $2,024 $36,452
2018 $4,963 $35,823 $1,686 $34,137
2017 $4,780 $35,823 $1,686 $34,137
2016 $5,307 $35,823 $1,686 $34,137
2015 $6,048 $30,130 $1,349 $28,781
2014 $7,836 $31,396 $1,349 $30,047
2013 $7,575 $31,396 $1,349 $30,047
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Previous Owner $98,600 Unknown
Previous Owner $145,500 Unknown
Previous Owner $150,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $505,000 Chicago Title
Joint Tenancy Deed $200,000 Attorneys Natl Title Network
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12287637

Midwest Real Estate Data (MRED)

APN: 02-16-303-047-1026