$315,000
PENDING

5040 Arbor Ln Unit 303 Northfield, IL 60093

Estimated payment $2,297/month

Total Views 946
1 Bed
1 Bath
1,046 Sq Ft
$301 Price per Sq Ft

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

Jennifer Ziegler

@properties Christie's International Real Estate License #475134229 Listed on: 10/09/2025

@properties Christie's International Real Estate

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,792

Year Built

Built in 1993

Lot Details

0

HOA Fees

$478 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Meadowlake
  • Year Built: 1993
  • Age: 31-40 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
  • New Construction Y/N: No
  • Special Features: UnderContract
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1046
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Terrace
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • Lot Features: Forest Preserve Adjacent, Landscaped
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 478
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Party Room, Indoor Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: NS Property Management
  • Management Contact Name: Ashley Bloome
  • Management Phone: 847-998-0404x129

Fee Information

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

Schools

  • Elementary School: Avoca West Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Marie Murphy School

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 1791.55
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 173

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

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
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Cti
Deed -- Lawyers Title Insurance Corp
Warranty Deed -- --
Joint Tenancy Deed $154,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $118,000 Purchase Money Mortgage
Previous Owner $127,400 Purchase Money Mortgage
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12477198

Midwest Real Estate Data (MRED)

APN: 05-30-100-045-1125