OFF MARKET

Off Market Dec 2023 for $715K

$771,145

Est. refi paymentEst. refi $4,628/mo

•

5,000

sq ft

40316 Reed Ct, Wadsworth, IL 60083

About this home

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!!!

Single-familyProperty Type

1993Year Built

1.02 acresLot Size

$154Est. Price/Sq.Ft.

3 garage spacesParking

Listed by Lisa Howe • RE/MAX Advantage Realty

Bought with Lori Mattice • RE/MAX Showcase

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11933353

Redfin Estimate

$771,145

$56K since sold in December 2023$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.5% higher than the average sale price ($686K) of 5 comparable homes.

SOLD AUG 20, 2026
$625,000
A
4 beds3 baths2,770 sq ft
16764 W Cherrywood Ln, Wadsworth, IL 60083
SOLD AUG 27, 2026
$590,000
B
4 beds2.5 baths3,750 sq ft
13862 W Adams Rd W, Wadsworth, IL 60083
SOLD AUG 14, 2026
$789,000
C
4 beds3.5 baths4,134 sq ft
38868 N Oakcrest Ln, Wadsworth, IL 60083
SOLD JUL 14, 2026
$829,000
D
6 beds3.5 baths6,023 sq ft
39691 Orchard Bluff Ln, Wadsworth, IL 60083
SOLD MAY 8, 2026
$595,000
E
4 beds2.5 baths3,429 sq ft
16693 W Cherrywood Ln, Wadsworth, IL 60083

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Sell

$189,787

Est. take-home

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Est. cash available

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Rent

$3,968/mo

Redfin rental estimate

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Market trends in 60083, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.2%

+1.0% MoM

Median sale price

$408K

$1K MoM

Avg. days on market

48d

1 days MoM

Recently sold homes

2 MoM

New listings for sale

$300,000
3 beds2 baths1,798 sq ft
14575 W Country Lane Dr, Wadsworth, IL 60083
$389,000
3 beds2 baths1,624 sq ft
13719 W Wadsworth Rd, Wadsworth, IL 60083
$215,000
2 beds1 bath876 sq ft
13701 Wadsworth Rd, Wadsworth, IL 60083
EARLY ACCESS
$400,000
4 beds3 baths2,703 sq ft
3170 N Magnolia Ln, Wadsworth, IL 60083
$399,900
3 beds3 baths1,379 sq ft
38604 N Magnolia Ave, Wadsworth, IL 60083
$365,000
4 beds2.5 baths2,473 sq ft
13138 Bucksburn Ln, Beach Park, IL 60083
See all

Provided by Redfin

Sale history for 40316 Reed Ct

Date

Event

Price

MRED as Distributed by MLS Grid #11933353

Dec 22, 2023

Sold (MLS) (Closed)

$715,000

$143/sq ft

Dec 21, 2023

Pending

—

Nov 26, 2023

Contingent (Contingent - Continue to Show)

—

Nov 17, 2023

Listed (Active)

$719,900

$144/sq ft

MRED as Distributed by MLS Grid #11914670

Nov 17, 2023

Listing Removed

—

Nov 7, 2023

Price Changed

Oct 23, 2023

Listed (Active)

MRED as Distributed by MLS Grid #10017362

Aug 29, 2018

Sold (MLS) (Closed Sale)

$465,000

$93/sq ft

Jul 18, 2018

Contingent

—

Jul 13, 2018

Listed (New)

$475,000

$95/sq ft

Welcome home! Perfectly nestled on a private acre+, cul de sac in highly sought after Willows of Wadsworth. Enjoy Mother Nature or a family football game from the incredible wrap around porch, 3 season room or back deck. Afterwards, spoil yourself and enjoy a relaxing spa experience in your beautiful new steam shower or soaking tub. Head down to your fully equipped theater room for family movie night. Enjoy a game of pool or just hang out at your new wet-bar with friends. When it's work time, there's no place better than your light & bright office with 2 work stations. The Florida Room is a wonderful spot to enjoy the outdoors, from the indoors, with 3 walls of windows overlooking your beautiful yard. Ease your mind with the home's new additions including roof, hot h20 htr, newer furnaces & so much more! Don't miss this amazing VALUE with award winning schools! TAKE THE AMAZING 3D TOUR!!

MRED as Distributed by MLS Grid #09956963

Jul 13, 2018

Listing Removed

—

Jul 10, 2018

Price Changed

Jun 22, 2018

Price Changed

Jun 13, 2018

Price Changed

May 18, 2018

Listed (New)

MRED as Distributed by MLS Grid #06359899

Mar 30, 2007

Sold (MLS)

$590,000

$118/sq ft

Feb 21, 2007

Listing Removed

—

Dec 15, 2006

Listed

$614,900

$123/sq ft

Public Records

Aug 10, 2006

Sold

$590,000

$118/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$15,466 (−0.9%)

$34,963 + $143,205

$178,168

2024

$15,605 (+3.8%)

$34,963 + $143,205

$178,168

2023

$15,038 (−18.7%)

$34,435 + $141,043

$175,478

2022

$18,491 (+10.2%)

$30,713 + $129,283

$159,996

2021

$16,781 (+3.6%)

$30,795 + $129,832

$160,627

2020

$16,199 (+5.4%)

$28,418 + $120,074

$148,492

2019

$15,375 (+6.7%)

$26,656 + $112,631

$139,287

2018

$14,407 (+1.8%)

$28,819 + $106,859

$135,678

2017

$14,147 (+4.3%)

$28,819 + $106,859

$135,678

2016

$13,566 (+4.2%)

$28,284 + $104,877

$133,161

2015

$13,018 (+7.3%)

$27,338 + $101,370

$128,708

2013

$12,127 (+3.0%)

$25,109 + $93,105

$118,214

2012

$11,775 (+0.3%)

$28,099 + $104,190

$132,289

2011

$11,746 (−14.4%)

$31,162 + $115,548

$146,710

2010

$13,724 (+3.4%)

$40,491 + $146,308

$186,799

2008

$13,277 (+5.7%)

$42,622 + $154,008

$196,630

2007

$12,559

$41,663 + $150,540

$192,203

Tax history for 40316 Reed Ct

Year

Property tax

Land + Additions

Assessment*

2025

$15,466 (−0.9%)

$34,963 + $143,205

$178,168

2024

$15,605 (+3.8%)

$34,963 + $143,205

$178,168

2023

$15,038 (−18.7%)

$34,435 + $141,043

$175,478

2022

$18,491 (+10.2%)

$30,713 + $129,283

$159,996

2021

$16,781 (+3.6%)

$30,795 + $129,832

$160,627

2020

$16,199 (+5.4%)

$28,418 + $120,074

$148,492

2019

$15,375 (+6.7%)

$26,656 + $112,631

$139,287

2018

$14,407 (+1.8%)

$28,819 + $106,859

$135,678

2017

$14,147 (+4.3%)

$28,819 + $106,859

$135,678

2016

$13,566 (+4.2%)

$28,284 + $104,877

$133,161

2015

$13,018 (+7.3%)

$27,338 + $101,370

$128,708

2013

$12,127 (+3.0%)

$25,109 + $93,105

$118,214

2012

$11,775 (+0.3%)

$28,099 + $104,190

$132,289

2011

$11,746 (−14.4%)

$31,162 + $115,548

$146,710

2010

$13,724 (+3.4%)

$40,491 + $146,308

$186,799

2008

$13,277 (+5.7%)

$42,622 + $154,008

$196,630

2007

$12,559

$41,663 + $150,540

$192,203

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.05 Acres

Year renovated

1993

Sq. Ft.

3,350

Year built

1993

Style

Single Family Residential

County

Lake County

APN

03-21-404-013

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Property details

Parking

Parking Information
# of Garage Spaces: 3.5
# of Parking (Total): 13.5
Parking On-Site: Yes
Parking Features: Driveway
Parking: Garage,Space/s
Parking Ownership: Owned
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s),Transmitter(s)
Driveway: Asphalt,Circular

Interior

Virtual Tour
Additional Media Type 1: Video

Bathroom Information
# of Baths (Full): 4
Bath Amenities: Separate Shower,Steam Shower,Double Sink,Soaking Tub
Basement Bathrooms (Y/N): Yes

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 5
# of Bedrooms (Below Grade): 1

Room Information
Room Type: Eating Area
Level: Main
Dimensions: 14 x 12
Flooring: Hardwood

Room Information
Room Type: Office
Level: Main
Dimensions: 16 x 14
Flooring: Hardwood

Room Information
Room Type: Recreation Room
Level: Basement
Dimensions: 36 x 25
Flooring: Carpet

Room Information
Room Type: Sun Room
Level: Main
Dimensions: 17 x 11
Flooring: Carpet

Room Information
Room Type: Exercise Room
Level: Basement
Dimensions: 12 x 11
Flooring: Carpet

Room Information
Room Type: Theatre Room
Level: Basement
Dimensions: 17 x 16
Flooring: Carpet

Room Information
Room Type: Foyer
Level: Main
Dimensions: 10 x 9
Flooring: Hardwood

Room Information
Room Type: Bedroom 5
Level: Basement
Dimensions: 12 x 11
Flooring: Carpet

Room Information
Room Type: Utility Room-1st Floor
Level: Main
Dimensions: 8 x 5
Flooring: Carpet

Room Information
Room Type: Pantry
Level: Basement
Dimensions: 6 x 4
Flooring: Carpet

Room Information
Room Type: Bedroom 2
Level: Second
Dimensions: 13 x 12
Flooring: Carpet

Room Information
Room Type: Bedroom 3
Level: Second
Dimensions: 13 x 12
Flooring: Carpet

Room Information
Room Type: Bedroom 4
Level: Second
Dimensions: 12 x 12
Flooring: Carpet

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 16 x 14
Flooring: Hardwood

Room Information
Room Type: Family Room
Level: Main
Dimensions: 18 x 15
Flooring: Hardwood

Room Information
Room Type: Kitchen
Type: Eating Area-Table Space,Island,Pantry-Walk-in
Level: Main
Dimensions: 14 x 12
Flooring: Hardwood

Room Information
Room Type: Laundry
Level: Main
Dimensions: 8 x 6
Flooring: Ceramic Tile

Room Information
Room Type: Living Room
Level: Main
Dimensions: 19 x 14
Flooring: Hardwood

Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 16 x 14
Flooring: Carpet
Bath: Full

Additional Rooms Information
Dining Room: Separate
Basement: Full
Basement Description: Finished,Exterior Access
Basement Sq. Ft.: 1,550
Laundry Features: Gas Dryer Hookup, Laundry Closet

Interior Features
Interior Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors
# of Rooms: 14

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

Fireplace Information
# of Fireplaces: 2
Fireplace Location: Family Room,Living Room
Fireplace Features: Gas Log, Gas Starter, Heatilator

Exterior

Exterior Features
Exterior Features: Deck, Porch, Porch Screened, Storms/Screens, Fire Pit

Building Information
Living Area Source: Estimated
Below Grade Finished Area: 1,550
Exterior Building Type: Cedar
Age: 26-30 Years
Built Before 1978 (Y/N): No
Roof: Asphalt
Aprox. Total Finished Sq Ft: 5,000

Property Information
Property Type: Detached Single
Property Type: 2 Stories
Main Sq Ft: 2000
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Total Finished/Unfinshed Sq Ft: 5,000
Total Sq Ft: 3,450
Upper Sq Ft: 1450
General Information: School Bus Service,Commuter Train,Interstate Access
Parcel Number: 03214040130000

Lot Information
Dimensions: 44431
Lot Size: 1.0-1.99 Acres
Lot Features: Cul-De-Sac, Nature Preserve Adjacent, Irregular Lot, Landscaped

Financial

Tax Information
Tax Annual Amount: $18,490.80
Tax Year: 2022
Tax Exemptions: Homeowner

Financial Information
Finance Code: Cash
Special Service Area: N

Utilities

Utility Information
Water Source: Private Well
Sewer: Septic-Private
Electric: Circuit Breakers, 200+ Amp Service, 100 Amp Service

Heating & Cooling
Heating: Natural Gas, Forced Air, Zoned
Cooling: Central Air, Zoned

Location

Community Information
Community Features: Park, Stable(s), Horse-Riding Trails, Street Lights, Street Paved

Homeowners Association Information
Association Fee: $300
Association Fee Frequency: Annually
Association Fee Includes: Insurance, Other
Master Association Fee Frequency: Not Required

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

Location Information
Subdivision Name: Willows of Wadsworth
Township: Newport
Corporate Limits: Unincorporated
Directions: Rt. 41 2 Wadsworth Rd. (W) 2 Dilleys (N) continue on Mill Creek Rd to Fox Glove (E) 2 Reed Ct. (S)

Public facts

Beds: 4
Baths: 4.0
Sq. Ft.: 3,350
Stories: 2.0
Lot Size: 1.05 acres
Style: Single Family Residential
Year Built: 1993
Year Renovated: 1993
County: Lake County
APN: 03-21-404-013

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No

Teams Information
Buyer Team Name: Team Lori Mattice

Around this home

Schools

Millburn Central School

Public PreK-5 • Assigned • 2.8mi

9/10

Millburn Middle School

Public 6-8 • Assigned • 3.4mi

7/10

Warren Township High School

Public 9-12 • Assigned • 6.3mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.77% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 13 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Wadsworth, IL • 60083

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$733,000 – $887,000

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Home values near 40316 Reed Ct

Data from public records.

Address	Redfin Estimate
40416 Reed Ct, Wadsworth, IL 5 Beds \| 3.5 Baths \| - Sq. Ft.	$693,038
40322 Reed Ct, Wadsworth, IL 4 Beds \| 4 Baths \| 2974 Sq. Ft.	$707,414

Address	Redfin Estimate
40388 Reed Ct, Wadsworth, IL 5 Beds \| 4.5 Baths \| 3371 Sq. Ft.	$637,609
40323 Reed Ct, Wadsworth, IL 4 Beds \| 2.5 Baths \| 3728 Sq. Ft.	$567,003

Address	Redfin Estimate
40345 Reed Ct, Wadsworth, IL 4 Beds \| 2.5 Baths \| 3084 Sq. Ft.	$580,037
40381 Reed Ct, Wadsworth, IL 4 Beds \| 2.5 Baths \| 3126 Sq. Ft.	$582,579

Property information provided by MRED as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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