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$550,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,446 Sq. Ft.
  • 2 Car Garage
  • Updated 3 hours ago
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Welcome home to this beautifully maintained property nestled in the sought-after Strathmore neighborhood of Buffalo Grove! Set on a fenced lot just under 1/4 acre, this spacious home offers the perfect blend of classic charm and modern updates. Step through the welcoming foyer into bright, formal Living and Dining Rooms ideal for entertaining and a fireplace in the Family Room. The updated eat-in Kitchen features stainless steel appliances and Quartz countertops, with sliding doors opening to a brick paver patio and generous backyard - perfect for outdoor living. Upstairs, you'll find four bedrooms, including a spacious Primary Suite complete with an attached full bath and walk-in closet. Gleaming hardwood floors flow throughout, complemented by newer windows - including brand new windows in the primary bedroom. A standout addition houses a large Recreation Room that connects seamlessly to the attached 2.5-car garage, providing exceptional flexibility for everyday living. 2024 Brand new roof!

Full Property Details for 271 Terrace Pl

General

  • Price: $550,000
  • Taxes: $11,101 (2023)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12578841
  • Updated: Today (3/4/2026)
  • Added to Site: Today

Rental Information

  • Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: None
  • Interior Features: Walk-In Closet(s), Granite Counters
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room
  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Range Hood
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Other Features: School Bus Service, Interstate Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Asphalt, Yes, Garage Owned, Attached, Garage

Location

  • Area: Buffalo Grove
  • County: Cook
  • Township: Wheeling
  • Subdivision: Strathmore
  • Driving Directions: Arlington Heights Road South of Lake Cook to Plum Grove Circle and east to Terrace Place then South.

School Information

  • School District: 21
  • Elem School District: 21
  • Midd School District: 21
  • High School District: 214
  • Elementary School: Henry W Longfellow Elementary Sc
  • Middle School: Cooper Middle School
  • High School: Buffalo Grove High School
  • Private School: Buffalo Grove High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Storm Sewer
  • Water: Lake Michigan

Structural Information

  • Architectural Info: Colonial
  • Architectural Style: Colonial
  • Model: Roxbury
  • Construction: Vinyl Siding, Stone
  • Exterior Const.: Vinyl Siding, Stone
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Sub-Flooring: Hardwood
  • Square Feet: 2,446
  • Sq. Ft. Source: Assessor
  • Year Built: 1968
  • Built Before 1978: Yes

Manufactured Home

  • Model: Roxbury

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 66 x 138 x 94 x 116

Financial Considerations

  • Assessment Year: 1968
  • Tax Amount: $11,101
  • Tax Year: 2023
  • Pays Sewer: Storm Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 3051090150000

Listed by Baird & Warner

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Listing agent

— 271 Terrace Pl —

  • Baird & Warner

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 271 Terrace Pl

School Districts:Wheeling Community Consolidated School District 21, Township High School District 214
NameGradesDistance
Henry W Longfellow Elementary School
501 South Arlington Heights Road, Buffalo Grove, IL 60089
PK-50.3 mi
Cooper Middle School
1050 Plum Grove Circle, Buffalo Grove, IL 60089
6-80.1 mi
Buffalo Grove High School
1100 West Dundee Road, Buffalo Grove, IL 60089
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 271 Terrace Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2026
Listed
$550,000
16.03%
MLS
11/06/2023
Sold
$474,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 271 Terrace Pl

Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,101
4%
$37,999
—
2022
$10,648
11%
$37,999
24%
2021
$9,608
2%
$30,527
—
2020
$9,429
—
$30,527
-10%
2019
$9,417
-5%
$33,844
5%
2018
$9,907
2%
$32,201
—
2017
$9,744
4%
$32,201
—
2016
$9,329
8%
$32,201
15%
2015
$8,618
1%
$27,991
—
2014
$8,494
—
$27,991
-7%
2013
$8,531
—
$30,250
-5%
2012
$8,571
—
$31,998
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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271 Terrace Place, Buffalo Grove, IL 60089 (MLS# 12578841) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 271 Terrace Place is currently listed for $550,000 and was received on March 04, 2026. Want to learn more about 271 Terrace Place? Do you have questions about finding other Single Family real estate for sale in Buffalo Grove? You can browse all Buffalo Grove real estate or contact a Coldwell Banker agent to request more information.

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