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Backup Offers

502 Shadywood Ln, Elk Grove Village, IL, 60007

$385,000

Home List Price

$4,572*

Closing Credit

3 Bedrooms
2 Full Baths
1,395 SqFt
$276/SqFt
House
Schools Nearby

Location

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502 Shadywood Ln, Elk Grove Village$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1959
HeatingNatural Gas, Forced Air
CoolingCentral Air
WaterfrontFencing
MLS #12047060
Lot Size0.20 Acres
StatusAccepting Backup Offers
(Contingent)

About 502 Shadywood Ln

Nestled in the vibrant heart of Elk Grove Village, 502 Shadywood Ln promises a fusion of contemporary elegance and serene surroundings. As you step onto the property, the simplicity and grace of the facade greet you warmly. An absolutely beautiful Thunderchild tree stands as a centerpiece, adorned with clusters of fragrant, dark pink flowers, showing off stunning mid-spring blossoms. Classic red bricks and pristine white balustrades frame a charming veranda, inviting you to linger and soak in the tranquil ambiance. Inside, approximately 1,395 square feet of living space awaits. Sunlight streams through high-performance Larson windows, illuminating wide plank, red oak hardwood floors that exude warmth and character. The foyer leads seamlessly into an open-concept living area, designed for both style and comfort. Whether it's a cozy evening at home or entertaining guests, the layout fosters effortless connection and memorable moments. Sliding glass walls open onto a spacious Trex-laid terrace, blurring the lines between indoor and outdoor living. The terrace overlooks a lush north garden, offering a perfect retreat for relaxation and urban gardening. The kitchen is a chef's delight, featuring custom white Statured shaker cabinets, Calacatta Bella Quartz countertops, and top-of-the-line stainless appliances. A window bench offers a picturesque spot for breakfast with a view. Down the hall, three charming bedrooms await, each bathed in natural light and offering ample closet space. The first bathroom boasts Iceberg marble floors and a luxurious soaking tub, while the primary bedroom features a sizable closet and space for a king-size bed. Located in a coveted neighborhood, 502 Shadywood is mere moments from trendy eateries, shops, parks, and Busse Woods, offering residents the perfect blend of urban convenience and natural beauty. Welcome home to effortless elegance and timeless tranquility.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1959
  • Living Area: 1,395 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (773) 466-7150
  • Listing Agent: Benyamin Lalez

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: No
  • Interior: First Floor Bedroom, First Floor Laundry, First Floor Full Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Patio, Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Virtual/3D Tour

  • 3D Tour: 502 Shadywood Ln

3D Tour

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Elk Grove High School, Public District Grades 9-12
  • Grove Jr High School, Public District Grades 5-8
  • Rupley Elementary School, Public District Grades PK-5
  • Ridge Family Center For Learning, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: Oakton ave E of Arlington Heights Rd. to Ridgewood south to Willow south to Shadywood east to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
  • Price Per SqFt: $276/SqFt

Tax Information:

  • Annual Amount: $4,404
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Elk Grove Village, IL.

Med. Sold Price

$339.5K

Med. Price/SqFt

$219

Avg. Days On Market

8

# of Sold Homes

31

502 Shadywood Ln vs Elk Grove Village

13 DAYS ON ROCKET

+5 Days

$385,000

+$45.5K More

$276/SqFt

+$56 More

KEY TAKEAWAY

This property is $45.5K more than the Median Sold Price and $56/SqFt more than other homes in Elk Grove Village, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12047060

Listing Office:

  • Office Name: Compass
  • Office Phone: (773) 466-7150
  • Listing Agent: Benyamin Lalez

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Property Sales & Tax

Listing History

Dec 27, 2017Home Sold
$212,000

Tax History

YEARPROP. TAXASSESSMENT
2019$4,404$21,518
2018$6,283$22,906
2017$6,238$22,906

History based on county public records data.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-394396
4
/10
  • Rupley Elementary School

  • 305 Oakton St

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-394397
6
/10
  • Ridge Family Center For Learning

  • 650 Ridge Ave

  • 0.70 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-394398
4
/10
  • Grove Jr High School

  • 777 W Elk Grove Blvd

  • 0.91 miles

  • Public District Grades 5-8

High School

school-card-donut-394399
6
/10
  • Elk Grove High School

  • 500 W Elk Grove Blvd

  • 0.89 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,023. Residents of Elk Grove Village, IL typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Shadywood Ln

What is the listing price of this property?

The listing price of 502 Shadywood Ln property is $385,000.

What type of property is this?

The property 502 Shadywood Ln is a house located in Elk Grove Village, Illinois, 60007.

Is this property for sale now?

Accepting Backup Offers: 502 Shadywood Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 502 Shadywood Ln are:
Rupley Elementary School: GreatSchools Rating 4/10
Ridge Family Center For Learning: GreatSchools Rating 6/10
Grove Jr High School: GreatSchools Rating 4/10
Elk Grove High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $4,404 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 27, 2017 for $212,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 Shadywood Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 Shadywood Ln is 1,395 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Shadywood Ln is 1959.

Rocket Homes›Illinois›Cook County›Elk Grove Village›60007›502 Shadywood Ln

This home is located at 502 Shadywood Ln in Elk Grove Village, IL and zip code 60007. This 1,395 square foot home, which was built in 1959, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $385,000.

Over 18 listings were sold over their listed price in April 2024 in Elk Grove Village, IL. In the same period over 11 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Elk Grove Village, IL between March 2024 and April 2024 increased by 23.6%. In April 2024, listings were on the market for 8 days. During the same period, the median list price in this real estate market was $339,500.

From Rocket Homes Real Estate and based on county public records data.

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