5040 Arbor Ln Unit 303 Northfield, IL 60093
Estimated payment $2,297/month
Highlights
- Fitness Center
- Landscaped Professionally
- Wood Flooring
- Marie Murphy School Rated A
- Property is near a forest
- Community Indoor Pool
About This Home
Beautiful top-floor penthouse featuring 1 bedroom / 1 bath, plus an office /study area & a private outdoor terrace. This is one of the largest one bedroom condos at Meadowlake. The wonderful kitchen has an eat-in area & a skylight, the lovely living/dining room has a fireplace & you will love the extra living space that adds flexibility for a home office or study. The bedroom has sliders that open to the private terrace and you can enjoy your morning coffee & amazing sunsets that looks out over Watersmeet Woods. This unit has been freshly painted through out and is move in ready. The heated garage has one parking space that is ideally located across from the elevator & there is additional storage. The amenities at Meadowlake includes a clubhouse with a party room, an indoor pool, a spa, a workout room & an outdoor patio. Looking for activities? There is a Movie Night, a Book Club, Yoga Classes & Water Aerobics. Maintenance free living. Meadowlake is conveniently located, close to town, shopping, restaurants & bike trails, & has easy access to highway. Award Winning Schools. Sorry no dogs and no rentals. Contact Jenny for more information!
Listing Agent
@properties Christie's International Real Estate License #475134229 Listed on: 10/09/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,792
Year Built
- Built in 1993
HOA Fees
- $478 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
Interior Spaces
- 1,046 Sq Ft Home
- 3-Story Property
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Schools
- Avoca West Elementary School
- Marie Murphy Middle School
- New Trier Twp High School Northfield/Wi
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Additional Features
- Terrace
- Landscaped Professionally
- Property is near a forest
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger
- 173 Units
- Ashley Bloome Association, Phone Number (847) 998-0404
- Meadowlake Subdivision
- Property managed by NS Property Management
Amenities
- Party Room
- Community Storage Space
- Elevator
Recreation
- Fitness Center
- Community Indoor Pool
- Bike Trail
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,016 | $21,898 | $3,280 | $18,618 |
2023 | $4,141 | $22,897 | $3,280 | $19,617 |
2022 | $4,141 | $22,897 | $3,280 | $19,617 |
2021 | $5,233 | $21,180 | $2,357 | $18,823 |
2020 | $2,020 | $21,180 | $2,357 | $18,823 |
2019 | $1,986 | $23,325 | $2,357 | $20,968 |
2018 | $2,084 | $19,122 | $1,947 | $17,175 |
2017 | $1,987 | $19,122 | $1,947 | $17,175 |
2016 | $2,408 | $19,122 | $1,947 | $17,175 |
2015 | $2,793 | $17,120 | $1,588 | $15,532 |
2014 | $2,672 | $17,120 | $1,588 | $15,532 |
2013 | $3,595 | $17,120 | $1,588 | $15,532 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
10/12/2025 10/12/25 | Pending | -- | -- | -- |
10/09/2025 10/09/25 | For Sale | $315,000 | -- | $301 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Cti | |
Deed | -- | Lawyers Title Insurance Corp | |
Warranty Deed | -- | -- | |
Joint Tenancy Deed | $154,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $118,000 | Purchase Money Mortgage | |
Previous Owner | $127,400 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12477198

APN: 05-30-100-045-1125
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