$319,000

550 Greystone Ln Unit A2 Wheeling, IL 60090

Estimated payment $2,621/month

Total Views 307
3 Beds
2 Baths
1,150 Sq Ft
$277 Price per Sq Ft

Highlights

  • Popular Property
  • In Ground Pool
  • L-Shaped Dining Room
  • Buffalo Grove High School Rated A+
  • Landscaped Professionally
  • Party Room

About This Home

Make this your new home! Updated kitchen and baths including white kitchen cabinets, granite counters & backsplash plus a large eat-in area with sliders to deck. The hall bath has been recently rehabbed with contemporary look. Master bath has sleek granite floor, granite counter and inset sink. Two additional closets have been added to this unit! New hot water heater and new appliances. Beautiful location overlooking walking path and courtyard. Complex is maintained beautifully and includes 2 pools, tennis courts, walking bath and more. Don't miss out on this Lexington beauty.

Listing Agent

Silviu Strain

Coldwell Banker Realty License #475190450 Listed on: 08/21/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,830

Year Built

  • Built in 1980

Lot Details

  • Cul-De-Sac
  • Landscaped Professionally

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Villa
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Joyce Kilmer Elementary School
  • Cooper Middle School
  • Buffalo Grove High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Jordan Association, Phone Number (847) 991-6000
  • Lexington Commons Subdivision
  • Property managed by Rowell

Amenities

  • Common Area
  • Party Room

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,830

Year Built

Built in 1980

Lot Details

0

HOA Fees

$480 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Manor Home/Coach House/Villa
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Manor Home/Coach House/Villa
  • Subdivision Name: Lexington Commons
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1150
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick, Frame
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 319000
  • Lot Features: Common Grounds, Cul-De-Sac, Landscaped
  • OtherStructures: Tennis Court(s)
  • Pool Features: In Ground
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 480
  • Association Amenities: Park, Party Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Rowell
  • Management Contact Name: Jordan
  • Management Phone: 847-991-6000

Fee Information

  • Association Fee Includes: Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Joyce Kilmer Elementary School
  • High School: Buffalo Grove High School
  • Middle/Junior School: Cooper Middle School
  • Middle/Junior School District: 21

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4830
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 8

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 $5,134 $21,287 $3,515 $17,772
2023 $4,835 $21,287 $3,515 $17,772
2022 $4,835 $21,287 $3,515 $17,772
2021 $2,734 $13,374 $585 $12,789
2020 $2,811 $13,374 $585 $12,789
2019 $2,881 $14,966 $585 $14,381
2018 $2,584 $13,265 $468 $12,797
2017 $2,570 $13,265 $468 $12,797
2016 $2,997 $13,265 $468 $12,797
2015 $3,774 $10,593 $1,991 $8,602
2014 $2,789 $10,593 $1,991 $8,602
2013 $2,556 $10,593 $1,991 $8,602
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $319,000 +89.9% $277 / Sq Ft
10/29/2015 10/29/15 Sold $168,000 -6.4% $146 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $179,500 -- $156 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $168,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,000 No Value Available
Closed $153,000 No Value Available
Closed $35,000 Credit Line Revolving
Closed $128,000 New Conventional
Closed $134,400 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12452868

Midwest Real Estate Data (MRED)

APN: 03-03-100-054-1138