40316 Reed Court

Closed 12/22/23

Sold

Last Sold Price

$715,000

5 beds4 baths5,000 sqft

40316 Reed Ct, Wadsworth, IL 60083

Single FamilyProperty Type

1.02 acresLot Size

1993Year Built

$143/sq ftPrice per sq ft

$300/yrHOA Fees

13 carsParking Spaces

Description

Executive home in Willows of Wadsworth with award winning schools! Situated on a cul-de-sac and a private acre of professionally landscaped land, this well-appointed home has nearly 5000 SF of finished living space. Walk into your double front doors into a 2 story entry. Main floor boasts gorgeous kitchen with double ovens, island, granite counters, walk-in pantry. Hardwood floors throughout main level. Formal living room with fireplace, family room with fireplace and vaulted ceilings, formal dining...Executive home in Willows of Wadsworth with award winning schools! Situated on a cul-de-sac and a private acre of professionally landscaped land, this well-appointed home has nearly 5000 SF of finished living space. Walk into your double front doors into a 2 story entry. Main floor boasts gorgeous kitchen with double ovens, island, granite counters, walk-in pantry. Hardwood floors throughout main level. Formal living room with fireplace, family room with fireplace and vaulted ceilings, formal dining room, first floor laundry, 3 season room and an AWESOME office with built in cabinetry and 2 work stations. Upstairs boasts spectacular primary bedroom and gorgeous bathroom featuring steam shower with dual shower heads, modern soaking tub, and marble countertops. 3 guest rooms and full guest bath with entry to one of the bedrooms. Entertainer's dream basement with fully equipped theater (seating, lighting, equipment, the works!) , rec area with full wet bar, potential 5th bedroom, 2nd office or work out room, full bathroom, still plenty of room for storage. Zoned heating/A/C. Hang out on your huge back deck overlooking privacy in your acre lot with firepit, outdoor speakers. Wrap around porch in the front. Huge 3 car garage with an extra deep 3rd stall. Circle driveway! This home truly has it all!

Sold By RE/MAX Showcase

Listed by: Lisa Howe 262.206.3495 Howe2sell@gmail.com • RE/MAX Advantage Realty

Listing closed: 12/22/2023 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11933353

Recent comparable sales

Median sold price

$692,500

Avg days on market

Sale-to-list ratio

96.2%

1/25

$880,000

Sold 02/06/26

5
Bedrooms: 5
Bathrooms: 5,200
Square Feet: 5
Acres

14960 West 21st Street, Wadsworth, IL 60083

1/38

$800,000

Sold 08/28/26

5
Bedrooms: 4
Bathrooms: 6,597
Square Feet: 5
Acres

40830 North Mill Creek Road, Wadsworth, IL 60083

a front view of a house with a yard and garage

1/31

$685,000

Sold 09/30/25

5
Bedrooms: 4
Bathrooms: 3,973
Square Feet: 0.99
Acres

38136 Helena Lane, Wadsworth, IL 60083

a view of a house with backyard porch and sitting area

1/86

$700,000

Sold 10/28/25

6
Bedrooms: 4
Bathrooms: 5,054
Square Feet: 5.07
Acres

16400 West Kelly Road, Wadsworth, IL 60083

1/40

$625,000

Sold 06/30/25

4
Bedrooms: 4
Bathrooms: 5,468
Square Feet: 1.13
Acres

16737 West Cherrywood Lane, Wadsworth, IL 60083

1/34

$600,000

Sold 12/20/24

5
Bedrooms: 5
Bathrooms: 2,518
Square Feet: 1.31
Acres

39917 Mauser Drive, Wadsworth, IL 60083

1/59

$895,000

Sold 07/31/26

5
Bedrooms: 5
Bathrooms: 7,686
Square Feet: 2.51
Acres

39571 Orchard Bluff Lane, Wadsworth, IL 60083

1/18

$668,000

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4
Bedrooms: 4
Bathrooms: 4,709
Square Feet: 2.45
Acres

14370 West Wedgewood Court, Wadsworth, IL 60083

1/68

$510,000

Sold 11/22/24

5
Bedrooms: 4
Bathrooms: 2,546
Square Feet: 1.34
Acres

16724 West Old Orchard Drive, Wadsworth, IL 60083

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Property Information for 40316 Reed Court

Property Details

Taxes: $18,491 / year
MLS Type: Detached Single / 2 Stories
County: Lake County
Area: Old Mill Creek / Wadsworth
Subdivision: Willows of Wadsworth
Township: Newport
Ownership: Fee Simple
Num Of Garage Spaces: 3.5
Air Conditioning Type: Central Air, Zoned
Num of Interior Fireplaces: 2
Heat/Fuel: Natural Gas, Forced Air, Zoned

Building Information

Year Built: 1993
Lot Size: 1.02 AC / 44,431 SF

General Information

School Information

Elementary School District: 24
Elementary School: Millburn C C School

Jr High Middle School: Millburn C C School
High School District: 121
High School: Warren Township High School
Middle Or Junior School District: 24

Addtl Parking Information

Garage Details: Garage Door Opener(s), Transmitter(s)
Garage On Site: true

Garage Ownership: Owned
Garage Type: Attached
Parking: Garage, Space/s
Parking Details: Driveway
Parking On Site: true
Parking Ownership: Owned

Taxes and HOA Information

Association Fee Frequency: Annually
Association Fee Includes: Common Insurance, Other

Master Association Fee: No
Master Association Fee Frequency: Not Required
Additional Parcels: No

Property Information

Interior Features

Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, First Floor Laundry, First Floor Full Bath
Num Of Rooms: 14

Bedrooms Total: 4
Bedrooms (Below Grade): 1
Community Features: Park, Stable(s), Horse-Riding Trails, Street Lights, Street Paved
Bath Amenities: Separate Shower,Steam Shower,Double Sink,Soaking Tub
Fireplace Features: Gas Log, Gas Starter, Heatilator
Basement Type: Full
Bedrooms Possible: 5
Air Conditioning: Central Air, Zoned
Electric: Circuit Breakers, 200+ Amp Service, 100 Amp Service
Basement Description: Finished, Exterior Access
Basement Sq Ft: 1550
Dining Room: Separate
Basement Bathrooms: Yes
Fireplace Location: Family Room,Living Room
Room Type: Eating Area, Office, Recreation Room, Sun Room, Exercise Room, Theatre Room, Foyer, Bedroom 5, Utility Room-1st Floor, Pantry
Num of Baths: 4.0

Exterior Features

Type: 2 Stories

Utilities / Equipment

Sewer: Septic-Private
Water: Private Well

Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop

Property/Lot Information

Exterior Property Features: Deck, Porch, Porch Screened, Storms/Screens, Fire Pit
New Construction YN: No

Rebuilt: No
Rehabilitated: No
Built Before 1978: No
Age: 26-30 Years
Type Detached: 2 Stories
Total Sq Ft: 3450
Aprox Total Finished Sq Ft: 5000
Total Finished and Unfin Sq Ft: 5000
Main Sq Ft: 2000
Upper Sq Ft: 1450
Lot Description: Cul-de-Sac, Nature Preserve Adjacent, Irregular, Landscaped Professionally
Lot Size: 1.0-1.99 Acres
Lot Dimensions: 44431
Waterfront: No
Disability Access and/or Equipped: No
Driveway: Asphalt,Circular
Exterior Building Type: Cedar
Roof Type: Asphalt
General Information: School Bus Service,Commuter Train,Interstate Access
Below Grade Finished Area: 1550.0
Living Area Source: Estimated

Property and Assessments

Public Document Count: 2
Document Date: 2023-11-20T17:04:27

Photos Count: 51
OpenHouse Count: 0

Virtual Tour/Additional Media

Virtual Tour: None
Additional Media Type 1: Video

Additional Media URL 1: https://www.hommati.com/3DTour-AerialVideo/unbranded/40316-Reed-Ct-Wadsworth-IL--HPI29251587
Virtual Tour YN: No
Virtual Tour Date: 11-17-2023

Room Information

Master Bedroom Information

Master Bedroom Level: Second
Room Type: Master Bedroom

Master Bedroom Bath: Full
Master Bedroom Dimensions: 16X14

Bedroom #2 Information

2nd Bedroom Level: Second
Room Type: Bedroom 2

Bedroom #2 Room Dimensions: 13X12

Bedroom #3 Information

3rd Bedroom Level: Second
Room Type: Bedroom 3

Bedroom #3 Room Dimensions: 13X12

Bedroom #4 Information

4th Bedroom Level: Second
Room Type: Bedroom 4

Bedroom #4 Room Dimensions: 12X12

Bedroom #5 Information

5th Bedroom Level: Basement
Room Type: Bedroom 5

Bedroom #5 Room Dimensions: 12X11

Dining Room Information

Dining Room Level: Main
RoomType_DR: Dining Room

Dining Room Dimensions: 16X14

Family Room Information

Family Room Level: Main
RoomType_FR: Family Room

Family Room Dimensions: 18X15

Kitchen Information

Kitchen Level: Main
RoomType_KT: Kitchen

Kitchen Dimensions: 14X12

Laundry Information

Laundry Level: Main
Room Type: Laundry

Laundry Dimensions: 8X6

Living Room Information

Living Room Level: Main
Room Type: Living Room

Living Room Dimensions: 19X14

Foyer Information

Room Level: Main
Room Type: Foyer

Dimensions: 10X9

Recreation Room Information

Room Level: Basement
Room Type: Recreation Room

Dimensions: 36X25

Eating Area Information

Room Level: Main
Room Type: Eating Area

Dimensions: 14X12

Office Information

Room Level: Main
Room Type: Office

Dimensions: 16X14

Utility Room-1st Floor Information

Room Level: Main
Room Type: Utility Room-1st Floor

Dimensions: 8X5

Pantry Information

Room Level: Basement
Room Type: Pantry

Dimensions: 6X4

Exercise Room Information

Room Level: Basement
Room Type: Exercise Room

Dimensions: 12X11

Sun Room Information

Room Level: Main
Room Type: Sun Room

Dimensions: 17X11

Theatre Room Information

Room Level: Basement
Room Type: Theatre Room

Dimensions: 17X16

Property History for 40316 Reed Court

Date	Event & Source	Price	Appreciation
Dec 22, 2023	Sold MRED #11933353	$715,000	—
Dec 14, 2023	Sold (Public Record) Public Record #1525079990	$715,000	+8.5% / yr
Nov 26, 2023	Pending MRED #11933353		—
Nov 26, 2023	Contingent MRED #11933353		—
Nov 17, 2023	Cancelled MRED #11914670	$724,900	—
Nov 17, 2023	Listed (Active) MRED #11933353	$719,900	—
Oct 23, 2023	Listed (Active) MRED #11914670	$749,900	—
Aug 29, 2018	Sold (Public Record) Public Record #630318846	$465,000	-2.0% / yr
Aug 29, 2018	Sold MRED #10017362	$465,000	—
Jul 17, 2018	Pending MRED #10017362		—
Jul 13, 2018	Cancelled MRED #09956963	$494,997	—
Jul 13, 2018	Listed (Active) MRED #10017362	$475,000	—
May 18, 2018	Listed (Active) MRED #09956963	$525,000	—
Mar 30, 2007	Sold MRED #06359899	$590,000	—
Feb 21, 2007	Pending MRED #06359899		—
Dec 15, 2006	Listed (Active) MRED #06359899	$614,900	—
Aug 10, 2006	Sold (Public Record) Public Record #217864041	$590,000	—
Aug 10, 2006	Sold (Public Record) Public Record #316408902	$590,000	—

Date	Event & Source	Price
12/22/2023	Sold MRED #11933353	$715,000
12/14/2023	Sold (Public Record) Public Record #1525079990	$715,000 +8.5% / yr
11/26/2023	Pending MRED #11933353	—
11/26/2023	Contingent MRED #11933353	—
11/17/2023	Cancelled MRED #11914670	$724,900
11/17/2023	Listed (Active) MRED #11933353	$719,900
10/23/2023	Listed (Active) MRED #11914670	$749,900
08/29/2018	Sold (Public Record) Public Record #630318846	$465,000 -2.0% / yr
08/29/2018	Sold MRED #10017362	$465,000
07/17/2018	Pending MRED #10017362	—
07/13/2018	Cancelled MRED #09956963	$494,997
07/13/2018	Listed (Active) MRED #10017362	$475,000
05/18/2018	Listed (Active) MRED #09956963	$525,000
03/30/2007	Sold MRED #06359899	$590,000
02/21/2007	Pending MRED #06359899	—
12/15/2006	Listed (Active) MRED #06359899	$614,900
08/10/2006	Sold (Public Record) Public Record #217864041	$590,000
08/10/2006	Sold (Public Record) Public Record #316408902	$590,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40316 Reed Court

Taxable ValueLand$34,963Additions$143,205Total$178,168

Tax Record2024$15,605 ($1,300 / month)

Home Facts

Beds4Baths4Total Finished SqFt3,350 SqFtAbove Grade Finished SqFt3,350 SqFtStories2Lot Size45,612 SqFtStyleSingle Family ResidenceYear Built1993Year Renovated1993CountyLAKEAPN03-21-404-013

Schools near 40316 Reed Court

This home is within Millburn Central Consolidated School District 24.


Rating	School	Type	Grades	Distance
9/10	Millburn Central School	Public - Serves this home	PK to 5	2.8 mi
7/10	Millburn Middle School	Public - Serves this home	6 to 8	3.4 mi
9/10	Warren Township High School	Public - Serves this home	9 to 12	6.3 mi


Rating	School	Distance
9/10	Millburn Central School PublicPK to 5 Serves this home	2.8 mi
7/10	Millburn Middle School Public6 to 8 Serves this home	3.4 mi
9/10	Warren Township High School Public9 to 12 Serves this home	6.3 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 40316 Reed Court, Wadsworth, IL 60083	$715,000	5	4	5,000	44,431
40322 Reed Court, Wadsworth, IL 60083	$445,000	4	5	2,974	48,787
40323 Reed Court, Wadsworth, IL 60083	–	4	3	3,728	44,823
40338 Reed Court, Wadsworth, IL 60083	–	4	3.5	3,093	41,417
40345 Reed Court, Wadsworth, IL 60083	–	4	3	3,084	46,522
16220 Sedge Court, Wadsworth, IL 60083	–	4	4	4,132	47,045
40362 Reed Court, Wadsworth, IL 60083	$360,000	4	3	–	–
40381 Reed Court, Wadsworth, IL 60083	–	4	2.5	3,126	49,423
16340 West Kelly Road, Wadsworth, IL 60083	$30,000	–	–	–	499,197
40388 Reed Court, Wadsworth, IL 60083	$515,000	5	5	3,371	57,934
16186 Sedge Court, Wadsworth, IL 60083	$364,500	4	3	2,466	47,916
16175 West Foxglove Lane, Wadsworth, IL 60083	$560,000	4	4	3,837	57,063
40387 Reed Court, Wadsworth, IL 60083	$280,000	3	3	2,744	44,867
40271 North Mill Creek Road, Wadsworth, IL 60083	$190,000	–	–	–	217,800
16161 Sedge Court, Wadsworth, IL 60083	$482,500	3	3	3,302	200,737
40416 Reed Court, Wadsworth, IL 60083	$570,000	5	4	–	87,120

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Listing Courtesy of RE/MAX Advantage Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2023 02:01 AM. 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.

Wadsworth, IL

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