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  • $1,350,000

    5040 Arbor Ln APT 301, Northfield, IL 60093

    4beds
    3,564sqft
    Condominium, Single Family Residence
    Built in 1993
    -- sqft lot
    $1,389,700 Zestimate®
    $379/sqft
    $5,187 Estimated rent

    Home value

    $1,389,700

    $1.28M - $1.51M

    $5,187/mo

    Zestimate® history
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    What's special

    Two-sided gas fireplaceWest-facing balconyFloor-to-ceiling windowsNortheast-facing terracePrimary suiteSpacious storage roomLarge laundry room
    Welcome to this stunning, one-of-a-kind 3,600 sq. ft. penthouse in the highly sought-after Optima Meadowlake complex. This 4-bedroom, 3-bathroom home has been completely gut-renovated with luxurious finishes and thoughtful details throughout. The open floor plan features an expansive living and dining area, floor-to-ceiling windows, a two-sided gas fireplace, and a chef's kitchen with Viking, Sub-Zero, Thermador, and Miele appliances, plus a custom pantry and filtered water in the bar and kitchen. The primary suite is a serene retreat with a spa-like ensuite, custom walk-in closet, and Robern medicine cabinets. Additional bedrooms offer flexibility as offices or dens. Enjoy a northeast-facing terrace overlooking the lake, a west-facing balcony, and private amenities like a large laundry room with Electrolux washer/dryer, two heated garage spaces, and a spacious storage room. The clubhouse, located next to this building, offers a pool, fitness center, and party room. Perfectly situated near biking/walking paths, the Skokie Lagoons, forest preserve, Wilmette Golf Club, and across the street from New Trier's West Campus, this penthouse is truly a rare find.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Masliansky 847-961-4700,

    Dream Town Real Estate

    Bought with:

    Keki Cannon

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12266729MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Pantry, Foyer, Breakfast Room
    Primary bedroom
    • Features: Flooring (Hardwood), Bathroom (Full, Double Sink)
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 16X17
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 169 Square Feet
    • Dimensions: 13X13
    Bedroom 3
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 324 Square Feet
    • Dimensions: 18X18
    Bedroom 4
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 169 Square Feet
    • Dimensions: 13X13
    Breakfast room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 11X12
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 198 Square Feet
    • Dimensions: 11X18
    Family room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 17X16
    Foyer
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 16X11
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet, Pantry-Walk-in), Flooring (Hardwood)
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11X13
    Laundry
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 30 Square Feet
    • Dimensions: 5X6
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 374 Square Feet
    • Dimensions: 17X22
    Pantry
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 21 Square Feet
    • Dimensions: 7X3
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Water Purifier, Humidifier
    • Laundry: Washer Hookup, In Unit, Laundry Closet, Sink
    Features
    • Wet Bar, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan
    • Flooring: Hardwood
    • Windows: Skylight(s)
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Double Sided, Attached Fireplace Doors/Screen, Gas Log, Gas Starter, Living Room, Other
    Interior area
    • Total structure area: 0
    • Total interior livable area: 3,564 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Patio & porch: Deck
    • Exterior features: Balcony
    Lot
    • Features: Forest Preserve Adjacent, Landscaped
    Details
    • Parcel number: 05301000451123
    • Special conditions: List Broker Must Accompany
    • Other equipment: TV-Cable, Intercom, Ceiling Fan(s)

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1993
    Details
    • Builder model: PENTHOUSE

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Carbon Monoxide Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Party Room, Sundeck, Indoor Pool, Security Door Lock(s)
    • Services included: Water, Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $1,250 monthly
    Location
    • Region: Northfield

    Financial & listing details

    • Price per square foot: $379/sqft
    • Tax assessed value: $656,790
    • Annual tax amount: $13,994
    • Date on market: 2/10/2025
    • Listing terms: Cash
    • Ownership: Condo

    Price history

    DateEventPrice
    3/6/2025Sold$1,350,000+28.6%$379/sqft
    Source: MRED as distributed by MLS GRID #12266729 Report a problem
    2/28/2025Pending sale$1,050,000$295/sqft
    Source: MRED as distributed by MLS GRID #12266729 Report a problem
    2/14/2025Contingent$1,050,000$295/sqft
    Source: MRED as distributed by MLS GRID #12266729 Report a problem
    2/10/2025Listed for sale$1,050,000+85.8%$295/sqft
    Source: MRED as distributed by MLS GRID #12266729 Report a problem
    4/13/2012Sold$565,000-19.2%$159/sqft
    Source: Public Record Report a problem
    9/27/2011Listed for sale$699,500-20.1%$196/sqft
    Source: @properties #07911204 Report a problem
    12/3/2010Listing removed$875,000$246/sqft
    Source: Prudential Rubloff #07519376 Report a problem
    10/2/2010Listed for sale$875,000$246/sqft
    Source: Prudential Real Estate #07519376 Report a problem
    8/28/2010Listing removed$875,000$246/sqft
    Source: Prudential Real Estate #07519376 Report a problem
    5/6/2010Price change$875,000-2.2%$246/sqft
    Source: Prudential Real Estate #07519376 Report a problem
    2/10/2010Listed for sale$895,000$251/sqft
    Source: Prudential Real Estate #07436831 Report a problem
    12/19/2009Listing removed$895,000$251/sqft
    Source: Prudential Real Estate #07328401 Report a problem
    9/25/2009Listed for sale$895,000$251/sqft
    Source: Rubloff Chicago Real Estate #07328401 Report a problem
    8/9/2009Listing removed$895,000$251/sqft
    Source: Prudential Real Estate #07277460 Report a problem
    5/23/2009Listed for sale$895,000+43.2%$251/sqft
    Source: Prudential Real Estate #07277460 Report a problem
    10/3/2000Sold$625,000+13.6%$175/sqft
    Source: Public Record Report a problem
    8/31/1995Sold$550,000+12.5%$154/sqft
    Source: Public Record Report a problem
    8/17/1994Sold$489,000$137/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $65,679 +0%
    2023$13,995 +5.7%$65,677
    2022$13,238 -6.7%$65,677 +8.1%
    2021$14,187 +2.4%$60,755
    2020$13,858 +2.1%$60,755 -9.2%
    2019$13,572 +17.9%$66,907 +22%
    2018$11,516 +3%$54,852
    2017$11,184 +4.7%$54,852
    2016$10,678 +2%$54,852 +11.7%
    2015$10,469 +2.2%$49,110
    2014$10,244 -0.7%$49,110
    2013$10,312 +15.9%$49,110 +1.7%
    2012$8,899 +4.4%$48,291
    2011$8,521 +1.4%$48,291
    2010$8,404 -4.7%$48,291 -21.8%
    2009$8,817 +5.3%$61,733 -7.3%
    2008$8,375 +9.5%$66,579
    2007$7,648 -13.1%$66,579 +13.5%
    2006$8,806 +9.5%$58,653
    2005$8,044 +3.3%$58,653
    2004$7,783 -6.6%$58,653 +11.6%
    2003$8,334 -0.7%$52,580
    2002$8,391 +8.8%$52,580
    2001$7,713 +1.9%$52,580 +7.7%
    2000$7,570 $48,823
    1999$7,570 $48,823
    Find assessor info on the county website

    Neighborhood: 60093

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Avoca West Elementary School
    • Middle: Marie Murphy School
    • High: New Trier Twp H.S. Northfield/Wi
    • District: 37

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,389,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,389,700