Sold
Last Sold Price
4 beds2,852 sqft$191/sqft
550 Riley Ln, Lake Zurich, IL 60047
Single FamilyProperty Type
0.28 acresLot Size
1986Year Built
$191/sq ftPrice per sq ft
3 carsParking Spaces

Description

Multiple offers received. HIGHEST AND BEST BY Saturday, 8/14 at 4:00 p.m. Wow, wow, wow! This home is ABSOLUTELY GORGEOUS! TOTALLY UPDATED with SO MUCH SPACE and a 3 CAR GARAGE! Fantastic Kitchen with white custom cabinets, granite counters, high end stainless steel appliances, island and HUGE eating area with loads of windows overlooking the private yard and slider to fabulous SCREEN PORCH. Family Room has fireplace and slider to back yard and patio. Living Room has cathedral ceiling, built-ins...Multiple offers received. HIGHEST AND BEST BY Saturday, 8/14 at 4:00 p.m. Wow, wow, wow! This home is ABSOLUTELY GORGEOUS! TOTALLY UPDATED with SO MUCH SPACE and a 3 CAR GARAGE! Fantastic Kitchen with white custom cabinets, granite counters, high end stainless steel appliances, island and HUGE eating area with loads of windows overlooking the private yard and slider to fabulous SCREEN PORCH. Family Room has fireplace and slider to back yard and patio. Living Room has cathedral ceiling, built-ins and super cool wagon wheel chandelier. Separate Dining Room and MASSIVE laundry/mud room, perfect for keeping organized! Master bedroom has cathedral ceiling, sitting room, HUGE walk-in closet and INCREDIBLE LUXURY BATH with custom walk-in shower, double vanity and soaking tub. 3 other nicely size bedrooms on the 2nd floor and updated hall bath with cherry cabinets, granite, natural stone tile, skylight and whirlpool tub. Basement has Rec Room, updated full bath, game area, office area, work room AND 2 huge unfinished areas. The PRIVATE FENCED YARD is perfect with 2 brick patios, garden and beautiful landscaping. Concrete stamped driveway and front walkway too! So many special features include: cathedral ceilings, designer lighting, hardwood flooring, 2 furnaces and 2 air conditioners, recessed lighting, gorgeous window detail... This home is TRULY a MUST SEE!

    Sold By Weichert, Realtors - All Pro

    • Listed by: Michelle Wendell 847.530.3009 michelle@michellewendell.com • Berkshire Hathaway HomeServices Starck Real Estate
    Listing closed: 10/15/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11187512

    Recent comparable sales

    Median sold price

    $595,000

    Avg days on market

    12

    Sale-to-list ratio

    100.9%

    Lake Zurich, IL

    9 comparable properties found

    a front view of a house with a yard and garage
    1/29
    1

    $595,000

    Sold 09/15/25

    4
    Bedrooms
    2,698
    Square Feet
    0.19
    Acres
    $500,000 | 163 Forest Avenue, Lake Zurich, IL 60047
    1/31
    2

    $500,000

    Sold 05/01/25

    4
    Bedrooms
    2,847
    Square Feet
    0.2
    Acres
    a view of a house with a big yard and large trees
    1/36
    3

    $635,000

    Sold 04/27/26

    4
    Bedrooms
    3,114
    Square Feet
    0.29
    Acres
    a front view of a house with a yard
    1/35
    4

    $525,000

    Sold 04/17/26

    4
    Bedrooms
    2,568
    Square Feet
    0.22
    Acres
    $525,000 | 477 West Grand Avenue, Lake Zurich, IL 60047
    1/23
    5

    $525,000

    Sold 11/21/24

    4
    Bedrooms
    2,958
    Square Feet
    0.5
    Acres
    a front view of a house with a garden
    1/29
    6

    $715,000

    Sold 04/24/26

    4
    Bedrooms
    2,750
    Square Feet
    0.27
    Acres
    $600,000 | 1254 Tracie Drive, Lake Zurich, IL 60047
    1/23
    7

    $600,000

    Sold 11/20/25

    4
    Bedrooms
    3,029
    Square Feet
    0.28
    Acres
    $475,000 | 23694 North Park Road, Lake Zurich, IL 60047
    1/28
    8

    $475,000

    Sold 06/22/26

    4
    Bedrooms
    2,400
    Square Feet
    0.24
    Acres
    $700,000 | 219 Schuldt Drive, Lake Zurich, IL 60047
    1/29
    9

    $700,000

    Sold 05/23/25

    4
    Bedrooms
    2,500
    Square Feet
    0.23
    Acres

    Location

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    30 year fixed, 6.55% Interest

    Principal and Interest

    $2,770

    Property Taxes

    $1,044

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    Property Information for 550 Riley Lane

    Property Details
    • Taxes: $12,527 / year
    • MLS Type: Detached Single / 2 Stories
    • County: Lake County
    • Area: Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
    • Township: Ela
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 3.0
    • Num Of Cars: 3.0
    • Air Conditioning Type: Central Air
    • Num of Interior Fireplaces: 1
    • Heat/Fuel: Natural Gas, Forced Air, Sep Heating Systems - 2+
    • Architectural Style: Colonial
    Building Information
    • Year Built: 1986
    • Lot Size: 0.28 AC / 12,327 SF
    General Information
    School Information
    • Elementary School District: 95
    • Elementary School: Sarah Adams Elementary School
    • Jr High Middle School: Lake Zurich Middle - S Campus
    • High School District: 95
    • High School: Lake Zurich High School
    • Middle Or Junior School District: 95
    Addtl Parking Information
    • Garage Details: Garage Door Opener(s), Transmitter(s)
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Attached
    • Parking: Garage
    Taxes and HOA Information
    • Association Fee Frequency: Not Applicable
    • Association Fee Includes: None
    • Master Association Fee Frequency: Not Required
    Property Information
    Interior Features
    • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Laundry, Built-in Features, Walk-In Closet(s)
    • Num Of Rooms: 14
    • Bedrooms Total: 4
    • Bedrooms (Below Grade): 0
    • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
    • Bath Amenities: Whirlpool,Separate Shower,Double Sink
    • Fireplace Features: Gas Starter
    • Basement Type: Full
    • Bedrooms Possible: 4
    • Air Conditioning: Central Air
    • Basement Description: Partially Finished
    • Basement Sq Ft: 1340
    • Dining Room: Separate
    • Basement Bathrooms: Yes
    • Fireplace Location: Family Room
    • Room Type: Foyer, Game Room, Screened Porch, Recreation Room, Eating Area, Sitting Room, Workshop, Walk In Closet, Office
    • Num of Baths: 3.1
    Exterior Features
    • Type: 2 Stories
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    • Appliances: Oven-Double, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances, Range Hood
    • Other Equipment: Central Vacuum, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
    Property/Lot Information
    • Exterior Property Features: Patio, Porch Screened, Stamped Concrete Patio, Storms/Screens
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: No
    • Age: 31-40 Years
    • Type Detached: 2 Stories
    • Total Sq Ft: 0
    • Aprox Total Finished Sq Ft: 0
    • Total Finished and Unfin Sq Ft: 1340
    • Lot Description: Fenced Yard
    • Lot Size: .25-.49 Acre
    • Lot Dimensions: 106X129X83X123
    • Waterfront: No
    • Disability Access and/or Equipped: No
    • Driveway: Concrete
    • Exterior Building Type: Vinyl Siding
    • Roof Type: Asphalt
    • Foundation Details: Concrete Perimeter
    • General Information: School Bus Service
    • Living Area Source: Assessor
    • Assessor Square Footage: 2852
    • Lot Size Source: County Records
    Property and Assessments
    • Public Document Count: 3
    • Document Date: 2021-08-13T15:00:11
    • Photos Count: 28
    • Rural: N
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    • Virtual Tour Date: 08-13-2021
    Room Information
    Master Bedroom Information
    • Master Bedroom Level: Second
    • Room Type: Master Bedroom
    • Master Bedroom Bath: Full, Double Sink, Tub & Separate Shwr
    • Master Bedroom Flooring: Hardwood
    • Master Bedroom Dimensions: 19X18
    Bedroom #2 Information
    • 2nd Bedroom Level: Second
    • Room Type: Bedroom 2
    • 2nd Bedroom Flooring: Wood Laminate
    • Bedroom #2 Room Dimensions: 15X11
    Bedroom #3 Information
    • 3rd Bedroom Level: Second
    • Room Type: Bedroom 3
    • 3rd Bedroom Flooring: Hardwood
    • Bedroom #3 Room Dimensions: 14X10
    Bedroom #4 Information
    • 4th Bedroom Level: Second
    • Room Type: Bedroom 4
    • 4th Bedroom Flooring: Hardwood
    • Bedroom #4 Room Dimensions: 13X10
    Dining Room Information
    • Dining Room Level: Main
    • RoomType_DR: Dining Room
    • Dining Room Flooring: Hardwood
    • Dining Room Window Treatments: Curtains/Drapes
    • Dining Room Dimensions: 13X11
    Family Room Information
    • Family Room Level: Main
    • RoomType_FR: Family Room
    • Family Room Flooring: Hardwood
    • Family Room Dimensions: 13X10
    Kitchen Information
    • Kitchen Level: Main
    • RoomType_KT: Kitchen
    • Kitchen Type: Eating Area-Table Space,Island
    • Kitchen Flooring: Hardwood
    • Kitchen Dimensions: 18X18
    Laundry Information
    • Laundry Level: Main
    • Room Type: Laundry
    • Laundry Flooring: Ceramic Tile
    • Laundry Dimensions: 20X9
    Living Room Information
    • Living Room Level: Main
    • Room Type: Living Room
    • Living Room Flooring: Hardwood
    • Living Room Dimensions: 16X13
    Additional Room #1 Information
    • Addtl Room 1 Flooring: Hardwood
    Additional Room #2 Information
    • Addtl Room 2 Flooring: Carpet
    Additional Room #3 Information
    • Addtl Room 3 Flooring: Other
    Additional Room #4 Information
    • Addtl Room 4 Flooring: Carpet
    Additional Room #5 Information
    • Addtl Room 5 Flooring: Hardwood
    Additional Room #6 Information
    • Addtl Room 6 Flooring: Hardwood
    Additional Room #7 Information
    • Addtl Room 7 Flooring: Ceramic Tile
    Additional Room #8 Information
    • Addtl Room 8 Flooring: Hardwood
    Additional Room #9 Information
    • Addtl Room 9 Flooring: Carpet
    Walk In Closet 1 Information
    • Room Level: Second
    • Room Type: Walk In Closet
    • Dimensions: 10X9
    Foyer Information
    • Room Level: Main
    • Room Type: Foyer
    • Dimensions: 6X5
    Recreation Room Information
    • Room Level: Basement
    • Room Type: Recreation Room
    • Dimensions: 15X12
    Eating Area Information
    • Room Level: Main
    • Room Type: Eating Area
    • Dimensions: 14X12
    Office Information
    • Room Level: Basement
    • Room Type: Office
    • Dimensions: 13X9
    Work Room Information
    • Room Level: Basement
    • Room Type: Work Room
    • Dimensions: 16X7
    Game Room Information
    • Room Level: Basement
    • Room Type: Game Room
    • Dimensions: 15X11
    Screened Porch Information
    • Room Level: Main
    • Room Type: Screened Porch
    • Dimensions: 14X12
    Sitting Room Information
    • Room Level: Second
    • Room Type: Sitting Room
    • Dimensions: 10X7

    Property History for 550 Riley Lane

    DateEvent & SourcePriceAppreciation
    Oct 15, 2021

    Sold

    MRED #11187512

    $545,000
    Oct 7, 2021

    Sold (Public Record)

    Public Record #1478784829

    $545,000
    Aug 15, 2021

    Contingent

    MRED #11187512

    DateEvent & SourcePrice
    10/15/2021

    Sold

    MRED #11187512

    $545,000
    10/07/2021

    Sold (Public Record)

    Public Record #1478784829

    $545,000
    08/15/2021

    Contingent

    MRED #11187512

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

    Public Records for 550 Riley Lane

    Taxable ValueLand$33,737Additions$186,666Total$220,403
    Tax Record2025$15,221 ($1,268 / month)
    Home Facts
    Beds0Baths2.5Total Finished SqFt2,852 SqFtAbove Grade Finished SqFt2,852 SqFtStories2Lot Size12,345 SqFtStyleSingle Family ResidenceYear Built1986CountyLAKEAPN14-21-407-006Fireplace TypeHas Fireplace

    Schools near 550 Riley Lane

    This home is within Lake Zurich Community Unit School District 95.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Sarah Adams Elementary School
    PublicK to 5

    Lake Zurich Middle - S Campus
    Public6 to 8

    Lake Zurich High School
    Public9 to 12

    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

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 550 Riley Lane, Lake Zurich, IL 60047
    $545,000
    4
    2,852
    12,327
    1,325
    12,179
    1,325
    12,467
    $407,000
    4
    14,810
    $315,000
    3
    $417,000
    4
    10,890

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Berkshire Hathaway HomeServices Starck Real Estate

    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 10/20/2021 03:03 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.