Seller's Agent in 2025
Hugo Araujo
Coldwell Banker Realty
(773) 550-4846
165 Total Sales
540 W Lodge Trail Unit E Wheeling, IL 60090
Estimated Value: $232,000 - $250,000
2
Beds
1.5
Baths
1,100
Sq Ft
1977
Built
Highlights
- Living Room
- Laundry Room
- Guest Parking
- Wheeling High School Rated A
- Ceramic Tile Flooring
- Forced Air Heating and Cooling System
About This Home
As of September 2025Welcome to Tahoe Village in Wheeling, IL-a fantastic opportunity to own a beautifully maintained 2-bedroom, 1.1-bath townhome in a peaceful and well-kept community. Offering approximately 1,100 square feet of thoughtfully designed living space across two levels, this home is ideal for first-time buyers or anyone seeking a low-maintenance lifestyle. The main floor features a bright, open-concept layout with a seamless flow between the living and dining areas, creating an inviting space for entertaining or relaxing. The full kitchen is equipped with all appliances and modern finishes, while the stylish blend of laminated wood flooring and ceramic tile adds a tasteful touch. A sleek, updated half bath on the main level adds convenience for guests. Upstairs, you'll find two generously sized bedrooms, including a primary suite with a walk-in closet and a second bedroom offering wall-to-wall closet space. The full bathroom has been fully updated with modern finishes. This home also includes two dedicated exterior parking spaces in a covered carport, low monthly HOA fees, and access to desirable community amenities such as a pool and clubhouse-perfect for relaxing weekends or entertaining guests. Located within walking distance to Malibu Park and just minutes from top shopping destinations like Fresh Farms, Target, and Walmart, this home also provides easy access to major expressways, acclaimed dining options along Restaurant Row, and top-rated District 21 and District 214 schools, including Wheeling High School. Whether you're just starting out or looking to downsize, this move-in-ready townhome is a true gem. Don't miss your chance to tour this well-located home in the heart of Wheeling!
Last Agent to Sell the Property
Coldwell Banker Realty License #475175528 Listed on: 08/06/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,884
Year Built
- Built in 1977
HOA Fees
- $169 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,100 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Parking
- 2 Parking Spaces
- Parking Available
- Guest Parking
- Parking Included in Price
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include parking, insurance, clubhouse, pool, exterior maintenance, lawn care, snow removal
- 6 Units
- Manager Association, Phone Number (630) 832-2222
- Tahoe Village Subdivision
- Property managed by TAHOE VILLAGE CONDOMINIUM ASSOCIATION
Pet Policy
- Dogs and Cats Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2025
Closed on
Sep 5, 2025
Sold by
Bought by
Seller's Agent
Hugo Araujo
Coldwell Banker Realty
Buyer's Agent
Arthur Barkan
KOMAR
List Price
$220,000
Sold Price
$230,000
Premium/Discount to List
$10,000
4.55%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,347
Avg. Annual Appreciation
6.05%
Original Mortgage
$130,000
Outstanding Balance
$130,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$111,347
Purchase Details
Closed on
Apr 24, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 3, 2022
Closed on
May 25, 2022
Sold by
Bought by
Seller's Agent
Mila Tsarfis
Mila Tsarfis Real Estate
Buyer's Agent
Michael Louie
Keller Williams Inspire - Geneva
List Price
$169,900
Sold Price
$153,000
Premium/Discount to List
-$16,900
-9.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Purchase Details
Closed on
May 18, 2020
Sold by
Bought by
Purchase Details
Closed on
Mar 3, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,731
Interest Rate
5.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 2005
Sold by
Bought by
Purchase Details
Closed on
May 21, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 16, 1998
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 23, 1995
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
8.91%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $230,000 | First American Title | ||
| $105,600 | Boston National Title | ||
| $153,000 | None Listed On Document | ||
| -- | Attorney | ||
| -- | None Available | ||
| -- | None Available | ||
| $90,000 | Professional National Title | ||
| -- | -- | ||
| $82,000 | Attorneys Natl Title Network |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $130,000 | ||
| Previous Owner | $105,600 | ||
| Previous Owner | $104,731 | ||
| Previous Owner | $85,500 | ||
| Previous Owner | $76,000 | ||
| Previous Owner | $76,800 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/09/2025 09/09/25 | Sold | $230,000 | +4.5% | $209 / Sq Ft | |
| 08/11/2025 08/11/25 | Pending | -- | -- | -- | |
| 08/06/2025 08/06/25 | For Sale | $220,000 | +43.8% | $200 / Sq Ft | |
| 06/10/2022 06/10/22 | Sold | $153,000 | -9.9% | $139 / Sq Ft | View Prior Sale |
| 05/13/2022 05/13/22 | Pending | -- | -- | -- | |
| 05/03/2022 05/03/22 | For Sale | $169,900 | -- | $154 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,884 | $20,521 | $736 | $19,785 |
| 2024 | $4,884 | $14,574 | $828 | $13,746 |
| 2023 | $4,658 | $14,574 | $828 | $13,746 |
| 2022 | $4,658 | $14,574 | $828 | $13,746 |
| 2021 | $4,402 | $11,880 | $460 | $11,420 |
| 2020 | $4,287 | $11,880 | $460 | $11,420 |
| 2019 | $2,302 | $13,197 | $460 | $12,737 |
| 2018 | $0 | $9,090 | $368 | $8,722 |
| 2017 | $0 | $9,090 | $368 | $8,722 |
| 2016 | $1,962 | $9,090 | $368 | $8,722 |
| 2015 | $771 | $7,411 | $1,380 | $6,031 |
| 2014 | $1,428 | $7,411 | $1,380 | $6,031 |
| 2013 | $1,293 | $7,411 | $1,380 | $6,031 |
Source: Public Records
Agents Affiliated with this Home
-
Hugo Araujo
-
Arthur Barkan
A
Buyer's Agent in 2025
Arthur Barkan
KOMAR
(224) 433-4553
32 Total Sales
-
Mila Tsarfis
M
Seller's Agent in 2022
Mila Tsarfis
Mila Tsarfis Real Estate
32 Total Sales
-
Michael Louie
Buyer's Agent in 2022
Michael Louie
Keller Williams Inspire - Geneva
(773) 704-0983
98 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12420079
APN: 03-09-308-096-1062
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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