$138,000
SOLD FEB 28, 2025

588 Fairway View Dr Unit 1E Wheeling, IL 60090

1 Bed
1 Bath
700 Sq Ft
$289/mo HOA Fee

Recently Sold

$197 Per Sq Ft

8% Below List Price

26 Days on Market

Highlights

  • Building Patio
  • Resident Manager or Management On Site
  • Combination Dining and Living Room
  • Buffalo Grove High School Rated A+
  • Laundry Room
  • Family Room

About This Home

As of February 2025

Start 2025 by building wealth instead of paying rent with this incredible opportunity to own your own home! Explore this first-floor condo that includes a patio, a spacious bedroom with a walk-in closet, ample storage, and parking. Enjoy modern updates like a renovated bathroom, new light fixtures, and engineered flooring. The kitchen features a new microwave oven and refrigerator. The HOA covers heat, water, gas, and garbage. Monthly mortgage payments are more affordable than average rental costs, offering a unique chance to build equity and invest in your future. Note: the unit is sold "As Is." No rentals allowed.

Last Agent to Sell the Property

Jenny Park

Baird & Warner License #475165015 Listed on: 01/02/2025

Baird & Warner

Last Buyer's Agent

Lucia Demidetchi

Xhomes Realty Inc License #475184138

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,388

Year Built

  • Built in 1973

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Mgmnt. Association, Phone Number (630) 627-3303
  • Low-Rise Condominium
  • Fairway Greens Subdivision
  • Property managed by Hillcrest Management

Amenities

  • Building Patio
  • Coin Laundry

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,388

Year Built

Built in 1973

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Low Rise (1-3 Stories)
  • Subdivision Name: Fairway Greens
  • Year Built: 1973
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 700
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 150000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 289
  • Association Amenities: Coin Laundry, Patio
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Hillcrest Management
  • Management Contact Name: Mgmnt.
  • Management Phone: 630-627-3303
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, 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: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1388
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Feb 20, 2025
Sold by
Patel Nilamben Dashrathbhai and Patel Vipulkumar
Bought by
Bobrov Eric
Seller's Agent
Jenny Park
Baird & Warner
Buyer's Agent
Lucia Demidetchi
Xhomes Realty Inc
List Price
$150,000
Sold Price
$138,000
Premium/Discount to List
-$12,000
-8%
Views
99
Current Estimated Value
$143,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,018
Avg. Annual Appreciation
6.03%
Original Mortgage
$110,400
Outstanding Balance
$107,812
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$35,206

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jun 22, 2023
Sold by
Villarreal Barbarita and Aguayo Brenda
Bought by
Patel Nilamben Dashrathbhai
Seller's Agent
Cathy Orlando
Baird & Warner
Buyer's Agent
Jenny Park
Baird & Warner
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $138,000 None Listed On Document
Warranty Deed $120,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,400 New Conventional
Previous Owner $116,250 Fannie Mae Freddie Mac
Previous Owner $74,900 Fannie Mae Freddie Mac
Previous Owner $32,100 Stand Alone Second
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $138,000 -8.0% $197 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $150,000 +25.0% $214 / Sq Ft
06/23/2023 06/23/23 Sold $120,000 -7.6% $171 / Sq Ft View Prior Sale
06/09/2023 06/09/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $129,900 -- $186 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $1,490 $7,763 $1,750 $6,013
2023 $1,388 $7,763 $1,750 $6,013
2022 $1,388 $7,763 $1,750 $6,013
2021 $561 $4,844 $291 $4,553
2020 $1,748 $4,844 $291 $4,553
2019 $1,776 $5,421 $291 $5,130
2018 $1,547 $4,240 $233 $4,007
2017 $1,516 $4,240 $233 $4,007
2016 $1,415 $4,240 $233 $4,007
2015 $1,443 $4,049 $991 $3,058
2014 $1,407 $4,049 $991 $3,058
2013 $1,299 $4,049 $991 $3,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12263308

Midwest Real Estate Data (MRED)

APN: 03-04-201-025-1005