NOT LISTED FOR SALE

40 Prairie Park Dr Unit 408 Wheeling, IL 60090

Estimated Value: $287,000 - $517,000

1 Bed
1.5 Baths
1,289 Sq Ft
735,380 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $285,000 $221 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,178/month

3 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Resident Manager or Management On Site
  • Wheeling High School Rated A
  • Brick or Stone Mason
  • Garden Bath

About This Home

As of October 2023

WELCOME HOME!!! Discover the epitome of upscale living at 40 Prairie Park, where SOPHISTICATION and STYLE converge to create a truly exceptional residential experience. Step into the world of opulence and grandeur as you enter the lobby - a truly GORGEOUS and REGAL space that sets the tone for the entire residence. This STUNNING 1-bedroom, 1.5-bathroom residence has an open floor plan that OFFERS an array of premium features that redefine modern living. As you enter the unit be greeted by the warmth of meticulously crafted engineered hardwood floors, a perfect canvas for your personal style. The kitchen is a cooks delight and is the heart of this beautiful condo with recessed lighting, updated 42" cabinets, providing ample storage with loads of counterspace, tile backsplash, stainless appliances. Center island with granite countertop and pull out shelving makes for easy entertaining. The living/dining room BOASTS tray ceilings with crown molding and opens to a spacious balcony that over looks the greenbelt. Oversized bedroom with loads of closets and extra room to make an office space. Master bathroom has dual sinks, separate shower and soaking tub. Half bath and in unit laundry complete this home. Radiant heated floors in kitchen and living/dining room. Painted 2022, Refrigerator and washer dryer 2020. One indoor deeded parking space #34. Storage unit in front of garage space. Prairie Park's clubhouse is not just a space; it's a vibrant hub of community living that caters to your every need. With a fully equipped kitchen, a state-of-the-art workout room, an inviting indoor pool, and a breathtaking patio overlooking the pond.

Last Agent to Sell the Property

Beth Colen

HomeSmart Connect License #471003435 Listed on: 09/14/2023

HomeSmart Connect

Last Buyer's Agent

Michelle Ahn

Compass License #475134857

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,283

Year Built

  • Built in 2006

Lot Details

  • Additional Parcels

HOA Fees

  • $464 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 1,289 Sq Ft Home
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Garden Bath
  • Separate Shower

Schools

  • Wheeling High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, parking, insurance, security, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 48 Units
  • Lauri Shamis Association, Phone Number (847) 215-6100
  • Property managed by Advantage Management
  • 7-Story Property

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,283

Year Built

Built in 2006

Lot Details

16.88 Acres

HOA Fees

$464 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2006
  • Age: 16-20 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
  • Unit Floor Level: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1289
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 464
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Advantage Management
  • Management Contact Name: Lauri Shamis
  • Management Phone: 847-215-6100
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Insurance, Security, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: Wheeling High School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7283.46
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 19, 2023
Sold by
Babcock Michelle R
Bought by
Sun Jung Woo Living Trust and Woo
Seller's Agent
Beth Colen
HomeSmart Connect
Buyer's Agent
Michelle Ahn
Compass
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Views
38
Current Estimated Value
$405,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,085
Avg. Annual Appreciation
15.50%
Source: Public Records
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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
Sun Jung Woo Living Trust $285,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $285,000 -5.0% $221 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $300,000 +9.1% $233 / Sq Ft
09/14/2023 09/14/23 For Sale $275,000 -- $213 / 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
2025 $6,589 $30,152 $2,078 $28,074
2024 $6,589 $25,630 $1,732 $23,898
2023 $6,223 $25,630 $1,732 $23,898
2022 $6,223 $25,630 $1,418 $24,212
2021 $6,862 $24,515 $236 $24,279
2020 $7,727 $24,515 $236 $24,279
2019 $7,173 $25,320 $236 $25,084
2018 $6,778 $22,008 $189 $21,819
2017 $6,661 $22,008 $189 $21,819
2016 $6,510 $22,008 $189 $21,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11867517

Midwest Real Estate Data (MRED)

APN: 03-02-100-082-1168

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