$388,000
SOLD JUN 9, 2025

23 Bailey Ln Lake Zurich, IL 60047

3 Beds
2.5 Baths
2,103 Sq Ft
$460/mo HOA Fee

Recently Sold

$184 Per Sq Ft

3% Above List Price

4 Days on Market

Highlights

  • Mud Room
  • Walk-In Closet
  • Laundry Room
  • Seth Paine Elementary School Rated A
  • Resident Manager or Management On Site
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Imagine waking up in a beautifully updated townhome in the heart of Lake Zurich. Morning light filters through your new window treatments, offering just the right balance of privacy and sunshine. You stroll into the spacious eat-in kitchen, complete with a large island, breakfast bar, and updated appliances. The sleek backsplash, ample countertops, and new soft-close cabinetry make cooking a delight. Coffee in hand, you step onto the balcony, taking in the fresh air behind your new sunshade. The day flows effortlessly-whether you're working from home with a smart thermostat keeping the climate just right, or heading out to one of the many nearby parks for a peaceful walk. Evenings are spent in your cozy living room, where updated LED lighting and stylish new fixtures create the perfect ambiance. Retreat to the primary bedroom, featuring a walk-in closet and a luxurious bath with dual sinks. Throughout the home, thoughtful details like all doors keyed the same, rocker switches, and upgraded faucets make daily life smoother. Every detail, from the smart garage door opener to the epoxy-finished garage floor, is designed to elevate daily living. This townhome isn't just a place to live-it's a lifestyle waiting to be embraced. Nestled in a vibrant community with 32 public parks, including Paulus Park's beach and picnic areas, and just minutes from charming downtown shops and award-winning eateries. Move-in ready and full of thoughtful upgrades. Ask your agent for the full list of updates!

Last Agent to Sell the Property

Kevin Kalbach

Realty Executives Cornerstone License #475169849 Listed on: 04/09/2025

Realty Executives Cornerstone

Last Buyer's Agent

Janine Sasso

Coldwell Banker Realty License #475164219

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,320

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 40x21

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,103 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mud Room
  • Family Room
  • Combination Dining and Living Room
  • Carpet
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 3 Units
  • Sara Allison Association, Phone Number (847) 490-3833
  • Meadow Wood Subdivision
  • Property managed by Associa Chicagoland

Pet Policy

  • Pets up to 60 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,320

Year Built

Built in 2009

Lot Details

0

HOA Fees

$460 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Meadow Wood
  • Year Built: 2009
  • 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
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Basement: Finished, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 465
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 2103
  • Other Equipment: TV-Dish, CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Room Type: Mud Room
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 2103
  • Assessed Sq Ft: 1638
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1638
  • Basement Sq Ft: 465
  • Total Sq Ft: 2103
  • Upper Level Sq Ft: 819
  • Main Level Sq Ft: 819
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 374900
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level, Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 460
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Sara Allison
  • Management Phone: 847-490-3833

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40X21
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 60

Tax Info

  • Tax Annual Amount: 6320
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
Jun 2, 2025
Sold by
Amaya Silva Jorge A
Bought by
Kosla Mariusz and Kosla Wioletta
Seller's Agent
Kevin Kalbach
Realty Executives Cornerstone
Buyer's Agent
Janine Sasso
Coldwell Banker Realty
List Price
$374,900
Sold Price
$388,000
Premium/Discount to List
$13,100
3.49%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-64.96%

Purchase Details

Listed on
Nov 28, 2017
Closed on
Mar 9, 2018
Sold by
Us Bank Trust Na
Bought by
Silva Jorge A Amaya
Seller's Agent
Maria Kharot & Shauna Weatherspoon
HomeSmart Connect LLC
Buyer's Agent
Constance Y. Antoniou
Jameson Sotheby's International Realty
List Price
$289,900
Sold Price
$273,000
Premium/Discount to List
-$16,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$259,350
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2017
Sold by
Kuehl Lindsay E
Bought by
U S Bank Trust N A and Newlands Asset Holding Trust

Purchase Details

Closed on
Nov 5, 2009
Sold by
Pulte Home Corporation
Bought by
Kuehl Lindsay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,994
Interest Rate
4.9%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $388,000 Stewart Title
Special Warranty Deed $273,000 Chicago Title
Sheriffs Deed -- None Available
Special Warranty Deed $272,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $241,600 New Conventional
Previous Owner $253,650 New Conventional
Previous Owner $259,350 New Conventional
Previous Owner $266,994 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $388,000 +3.5% $184 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/09/2025 04/09/25 Price Changed $374,900 0.0% $178 / Sq Ft
04/09/2025 04/09/25 For Sale $374,900 +37.3% $178 / Sq Ft
03/09/2018 03/09/18 Sold $273,000 -5.8% $167 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
11/28/2017 11/28/17 For Sale $289,900 -- $177 / 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 $6,477 $92,827 $19,967 $72,860
2023 $6,477 $90,334 $19,431 $70,903
2022 $6,320 $86,220 $19,055 $67,165
2021 $6,097 $84,011 $18,567 $65,444
2020 $5,987 $84,011 $18,567 $65,444
2019 $6,049 $85,284 $18,405 $66,879
2018 $6,200 $84,564 $19,799 $64,765
2017 $5,929 $83,544 $19,560 $63,984
2016 $5,807 $80,899 $18,941 $61,958
2015 $5,716 $77,054 $18,041 $59,013
2014 $5,399 $72,367 $18,495 $53,872
2012 $6,061 $72,519 $18,534 $53,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12320527

Midwest Real Estate Data (MRED)

APN: 14-07-402-120