$120,000
SOLD JUN 23, 2023

588 Fairway View Dr Unit 1E Wheeling, IL 60090

1 Bed
1 Bath
700 Sq Ft
$286/mo HOA Fee

Recently Sold

$171 Per Sq Ft

8% Below List Price

Highlights

  • Clubhouse
  • Community Pool
  • Building Patio
  • Buffalo Grove High School Rated A+
  • Tennis Courts
  • Park

About This Home

As of February 2025

Discover an incredible opportunity to own a beautiful first-floor condo. This 1-bedroom residence offers a host of desirable features, including a private patio, a spacious bedroom with a large walk-in closet, storage and parking. In addition, a community pool, clubhouse, tennis courts, and playground. HOA includes heat, water, gas and garbage. With monthly mortgage payments that are cheaper than the average rental costs in the area, this property presents a unique opportunity for individuals looking to build equity and invest in their own future.

Last Agent to Sell the Property

Cathy Orlando

Baird & Warner License #475196656 Listed on: 06/08/2023

Baird & Warner

Last Buyer's Agent

Jenny Park

Baird & Warner License #475165015

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $561

Year Built

  • Built in 1973

HOA Fees

  • $286 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<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

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

Schools

  • Buffalo Grove High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Daniel Association, Phone Number (630) 785-6018
  • Low-Rise Condominium
  • Property managed by Hillcrest Management

Amenities

  • Building Patio
  • Clubhouse
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pets up to 25 lbs
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$561

Year Built

Built in 1973

Lot Details

0

HOA Fees

$286 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)
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • 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, Dishwasher, 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: Assessor

Exterior Features

  • List Price: 129900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Size Limit
  • Association Fee: 286
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Park, Pool, Tennis Court(s), Clubhouse, Patio
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Hillcrest Management
  • Management Contact Name: Daniel
  • Management Phone: 630-785-6018
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • High School: Buffalo Grove High School
  • Middle/Junior School District: 21

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 560.81
  • Tax Year: 2021
  • 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
$140,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,060
Avg. Annual Appreciation
4.09%
Original Mortgage
$110,400
Outstanding Balance
$110,036
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$30,024

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

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Range of Values:

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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 Change Sq Ft Price
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
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: 11802997

Midwest Real Estate Data (MRED)

APN: 03-04-201-025-1005