$1,290,000
SOLD FEB 28, 2025

28 Melrose Ln Lincolnshire, IL 60069

5 Beds
4.5 Baths
4,967 Sq Ft
0.46 Acres

Recently Sold

$260 Per Sq Ft

4% Below List Price

63 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Property is adjacent to nature preserve
  • Laura B. Sprague School Rated A-
  • Mature Trees
  • Recreation Room

About This Home

As of February 2025

Discover unparalleled luxury in this modern architectural abode in Lincolnshire. New construction house on a beautiful secluded wooded lot. The open floor plan allows for flexibility in design and use, with high-end finishes such as white oak hardwood floors, custom tile in each bathroom, custom flat front cabinets, and quartz countertops throughout. Wonderful multi-generational home. Spacious main floor ensuite which could make a great in-law arrangement, as well as an additional office that can be used for various purposes. This stunning home has impressive windows to show off expansive views by bringing nature inside, plus all of the abundant natural light too. The home boasts 10 ft high ceilings, an expansive kitchen great room with a gas fireplace that makes a beautiful focal point, and sliding doors exit to the patio for your morning cup or night cap. Live in luxury with a laundry room on each level and large mudroom off the garage, and your own butlers pantry. The second level features 4 additional bedrooms, one of which is an ensuite as well as the primary suite and a versatile loft that can be used as an additional family room/bonus room. The spacious primary suite includes it's own sitting area, two large walk-in closets, luxurious bath with soaker tub, and walk-in shower. With its blend of amenities and natural surroundings, this new construction home offers the best of both worlds. Award-winning nationally recognized school district! All showings must be accompanied by Listing agent.

Last Agent to Sell the Property

Honore Frumentino

@properties Christie's International Real Estate License #471002453 Listed on: 12/03/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Judy Greenberg

Compass License #475133357

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,449

Year Built

  • Built in 1958 | Remodeled in 2024

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 125 x 159
  • Property is adjacent to nature preserve
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,967 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Wood Flooring

Kitchen

  • Double Oven
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Sink Near Laundry

Outdoor Features

  • Patio

Schools

  • Laura B Sprague Elementary School
  • Daniel Wright Junior High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,449

Year Built

Built in 1958 | Remodeled in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Rebuilt Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Appliances: Double Oven, Dishwasher, High End Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, Second Floor Laundry, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan, Dining Combo
  • LivingArea: 4967
  • Room Type: Office, Bedroom 5, Sitting Room, Foyer, Mud Room, Recreation Room
  • Estimated Total Finished Sq Ft: 4458
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 4458
  • Fireplace Location: Family Room
  • Total Sq Ft: 4458
  • Upper Level Sq Ft: 2030
  • Main Level Sq Ft: 2428
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 1349900
  • Lot Features: Nature Preserve Adjacent, Wooded, Mature Trees, Backs to Trees/Woods
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Metal
  • Waterfront: No
  • Exterior Building Type: Stone,Fiber Cement

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Multiple Locations, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Laura B Sprague School
  • Middle/Junior School: Daniel Wright Junior High School
  • Middle/Junior School District: 103

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 125 X 159
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10449
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Feb 28, 2025
Sold by
Dans Construction Ltd
Bought by
Delaney Brian L
Seller's Agent
Honore Frumentino
@properties Christie's International Real Estate
Buyer's Agent
Judy Greenberg
Compass
List Price
$1,349,900
Sold Price
$1,290,000
Premium/Discount to List
-$59,900
-4.44%
Views
88
Current Estimated Value
$1,266,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,110
Avg. Annual Appreciation
-7.90%

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 9, 2023
Sold by
Neal Barg Revocable Living Trust
Bought by
Dans Construction Ltd
Seller's Agent
Leslie McDonnell
RE/MAX Suburban
Buyer's Agent
Honore Frumentino
@properties Christie's International Real Estate
List Price
$499,000
Sold Price
$507,000
Premium/Discount to List
$8,000
1.6%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.49%

Purchase Details

Closed on
Oct 4, 2019
Sold by
Barg Neal
Bought by
Neal Barg Revocable Living Trust

Purchase Details

Closed on
Aug 10, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Barg Neal L
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 $1,290,000 Chicago Title
Deed $507,000 Chicago Title Insurance Compan
Interfamily Deed Transfer -- None Available
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $108,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,290,000 -4.4% $260 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
12/03/2024 12/03/24 For Sale $1,349,900 +166.3% $272 / Sq Ft
05/17/2023 05/17/23 Sold $507,000 +1.6% $219 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $499,000 -- $215 / 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 $10,371 $237,528 $70,740 $166,788
2023 $10,371 $128,097 $66,748 $61,349
2022 $10,449 $127,600 $66,489 $61,111
2021 $10,161 $126,224 $65,772 $60,452
2020 $9,911 $126,654 $65,996 $60,658
2019 $10,625 $138,189 $65,753 $72,436
2018 $9,517 $135,852 $71,477 $64,375
2017 $9,977 $132,681 $69,809 $62,872
2016 $11,185 $141,902 $66,848 $75,054
2015 $10,952 $132,706 $62,516 $70,190
2014 $10,018 $122,019 $68,123 $53,896
2012 $9,721 $122,264 $68,260 $54,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12220416

Midwest Real Estate Data (MRED)

APN: 15-23-201-007