NOT LISTED FOR SALE

Wellington at Adler Park 1479 N Milwaukee Ave Unit 403 Libertyville, IL 60048

Estimated Value: $397,000 - $426,000

2 Beds
2 Baths
1,612 Sq Ft
$543/mo HOA Fee

Last Sold July 01, 2024

Last sale price $380,000 $236 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,130/month

5 Days on Market

Highlights

  • Doorman
  • Penthouse
  • Open Floorplan
  • Adler Park School Rated A
  • Rooftop Deck
  • Main Floor Bedroom

About This Home

As of July 2024

Step into the esteemed Wellington at Adler Park! This sophisticated 2-bedroom, 2-bathroom penthouse on the 4th floor, southeast-facing corner, exudes the essence of effortless condominium living in picturesque Libertyville. Nestled just moments away from downtown Libertyville, parks, shopping, restaurants, and a short drive to the Metra Train, this location is simply unbeatable. Spanning over 1600 sq. ft., the unit features an airy open floor plan that floods the space with natural light, complemented by a cozy gas fireplace. Enjoy the exclusive rooftop deck accessible from both the living room and primary bathroom, while the dining room balcony is perfect for entertaining. The primary bedroom boasts dual walk-in closets, a luxurious en-suite bath with a separate shower, whirlpool tub, double vanity, and skylight. The second bedroom is generously sized, accompanied by a bath featuring another double vanity. Additional highlights include an in-unit washer/dryer hookup and a separate storage closet for added convenience. This unit comes with one parking space in the heated underground garage, along with an assigned outdoor space and a private storage unit in the garage. Access the building elevator directly from the garage. Impeccably maintained, this building promises a lifestyle of comfort and sophistication.

Last Agent to Sell the Property

Jodi Cinq-Mars

Keller Williams North Shore West License #475181058 Listed on: 05/21/2024

Keller Williams North Shore West

Last Buyer's Agent

Julia Alexander

Keller Williams North Shore West License #471014148

Keller Williams North Shore West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,152

Year Built

  • Built in 2004

Lot Details

  • End Unit

HOA Fees

  • $543 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,612 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Skylights
  • Ventless Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Family or Dining Combination
  • Storage
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Rooftop Deck
  • Terrace

Schools

  • Adler Park Elementary School
  • Highland Middle School
  • Libertyville High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

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

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 51 Units
  • Jeff Benham Association, Phone Number (847) 207-9868
  • Wellington At Adler Park Subdivision, Cambridge, Custom Penthouse Floorplan
  • Property managed by Wellington at Adler Park

Amenities

  • Doorman

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,152

Year Built

Built in 2004

Lot Details

0

HOA Fees

$543 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Subdivision Name: Wellington at Adler Park
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Ventless
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Elevator, Wood Laminate Floors, First Floor Bedroom, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 9 Foot, Open Floorplan, Some Carpeting, Dining Combo, Doorman, Granite Counters
  • LivingArea: 1612
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: Balcony/Porch/Lanai, Terrace, Attic
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 1612
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: 1612 SqFt Unit 240 Sq Ft Garage 78 Sq Ft Balcony Rooftop 345 addtl Sq Ft
  • Total Sq Ft: 1612
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, End Unit
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Visitor Parking
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Steam, Radiant
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 543
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Wellington at Adler Park
  • Management Contact Name: Jeff Benham
  • Management Phone: 847-207-9868
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Adler Park School
  • High School: Libertyville High School
  • Middle/Junior School: Highland Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 5152
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 1, 2024
Sold by
Miller Living Trust and Miller Jeffrey R
Bought by
Lapanik Tamara and Shavel Aliaksei
Seller's Agent
Jodi Cinq-Mars
Keller Williams North Shore West
Buyer's Agent
Julia Alexander
Keller Williams North Shore West
List Price
$349,900
Sold Price
$380,000
Premium/Discount to List
$30,100
8.6%
Views
61
Current Estimated Value
$415,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,265
Avg. Annual Appreciation
6.95%
Original Mortgage
$228,000
Outstanding Balance
$225,349
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$189,916

Purchase Details

Closed on
Aug 17, 2004
Sold by
Adler Park Development Co Llc
Bought by
Miller Robert A and Miller Marianne H

Purchase Details

Closed on
Jul 9, 2002
Sold by
Chicago Title Land Trust Company
Bought by
Adler Park Development Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
4.75%
Source: Public Records

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
Lapanik Tamara $380,000 Chicago Title
Miller Robert A $374,000 --
Adler Park Development Company Llc $1,570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapanik Tamara $228,000
Previous Owner Adler Park Development Company Llc $1,020,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $380,000 +8.6% $236 / Sq Ft
05/26/2024 05/26/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $349,900 -- $217 / 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 $4,785 $115,566 $39,974 $75,592
2023 $5,152 $106,591 $36,870 $69,721
2022 $5,152 $91,356 $35,438 $55,918
2021 $5,073 $89,389 $34,675 $54,714
2020 $4,969 $87,886 $34,092 $53,794
2019 $6,520 $96,722 $37,520 $59,202
2018 $6,511 $99,760 $39,475 $60,285
2017 $6,411 $96,611 $38,229 $58,382
2016 $6,168 $91,600 $36,246 $55,354
2015 $6,072 $85,616 $33,878 $51,738
2014 $5,260 $75,417 $29,842 $45,575
2012 $5,760 $76,071 $30,101 $45,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12035417

Midwest Real Estate Data (MRED)

APN: 11-09-300-212