Amazing opportunity to customize this 4100 sq ft, 5 bedroom & 4 1/2 Bath house in desirable Colony Point. This home is being completely remodeled plus a 2nd floor addition is being added. 9 ft ceilings on 1st and 2nd floor. Everything will be new including windows, roof, hardie board, electrical, plumbing & mechanicals. Gourmet Kitchen with custom cabinetry, quartz counters, stainless steal appliances & large island opens to Family Room with fireplace & sliders to yard. Dining Room with butlers pantry for entertaining. 1st floor Bedroom & full Bath plus an Office/Play Room. Enormous Mud Room and 2 1/2 car garage. Hardwood floor throughout 1st floor. 2nd Floor addition boast Master Bedroom with WIC & luxurious stone Master Bath. 3 additional large Bedrooms, one with private bath & Jack-Jill Bath. Option for finished basement. You can still customize this house to be your own! Better than new construction because taxes will be lower. 3rd car garage option available.
Charming well maintained ranch with spacious rooms on a third of an acre on cul de sac in desirable Colony Point. Bring your decorating or expansion ideas or just move in as is. Large rooms throughout with huge unfinished basement with crawl. Hardwood floors, fireplace, eat in kitchen, attached two car garage. Award winning schools and 5 minutes from downtown Deerfield/train/shops/restaurants and near expressways.
Year
Property tax
Land + Additions
Assessment*
2025
$28,831 (+13.6%)
$66,675 + $256,656
$323,331
2024
$25,389 (−13.5%)
$66,675 + $256,656
$323,331
2023
$29,364 (+5.8%)
$63,597 + $295,822
$359,419
2022
$27,742 (+6.0%)
$61,034 + $283,898
$344,932
2021
$26,184 (+88.5%)
$65,556 + $233,347
$298,903
2020
$13,889 (+2.3%)
$63,205 + $224,978
$288,183
2019
$13,570 (+26.4%)
$63,231 + $92,452
$155,683
2018
$10,740 (−21.3%)
$67,019 + $108,319
$175,338
2017
$13,644 (+3.0%)
$67,019 + $108,319
$175,338
2016
$13,251 (+2.3%)
$66,805 + $107,973
$174,778
2015
$12,959 (−7.3%)
$64,279 + $103,890
$168,169
2013
$13,987 (+1.7%)
$60,830 + $106,683
$167,513
2012
$13,748 (+2.6%)
$61,649 + $108,121
$169,770
2011
$13,403 (+1.7%)
$64,689 + $113,453
$178,142
2010
$13,183 (+4.9%)
$71,034 + $124,971
$196,005
2008
$12,566 (+6.6%)
$75,264 + $132,413
$207,677
2007
$11,790
$74,906 + $131,784
$206,690
Tax history for 40 Cody Ln
Year
Property tax
Land + Additions
Assessment*
2025
$28,831 (+13.6%)
$66,675 + $256,656
$323,331
2024
$25,389 (−13.5%)
$66,675 + $256,656
$323,331
2023
$29,364 (+5.8%)
$63,597 + $295,822
$359,419
2022
$27,742 (+6.0%)
$61,034 + $283,898
$344,932
2021
$26,184 (+88.5%)
$65,556 + $233,347
$298,903
2020
$13,889 (+2.3%)
$63,205 + $224,978
$288,183
2019
$13,570 (+26.4%)
$63,231 + $92,452
$155,683
2018
$10,740 (−21.3%)
$67,019 + $108,319
$175,338
2017
$13,644 (+3.0%)
$67,019 + $108,319
$175,338
2016
$13,251 (+2.3%)
$66,805 + $107,973
$174,778
2015
$12,959 (−7.3%)
$64,279 + $103,890
$168,169
2013
$13,987 (+1.7%)
$60,830 + $106,683
$167,513
2012
$13,748 (+2.6%)
$61,649 + $108,121
$169,770
2011
$13,403 (+1.7%)
$64,689 + $113,453
$178,142
2010
$13,183 (+4.9%)
$71,034 + $124,971
$196,005
2008
$12,566 (+6.6%)
$75,264 + $132,413
$207,677
2007
$11,790
$74,906 + $131,784
$206,690
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
4.5
Stories
1
Lot width
85 ft.
Lot depth
161 ft.
Lot size
0.31 Acres
Year renovated
2011
Sq. Ft.
4,356
Year built
1964
Style
Single Family Residential
County
Lake County
APN
16-33-203-008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R-2
Single-Family Residence District
The R-2 Single-Family District is intended to provide for a suburban environment of single-family residences at a density between the lowest and highest required for such development in the Village. To protect the character of this district, all nonresidential uses are prohibited except for Special Uses as permitted in Article 4.02-C.