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$529,000
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Property Description
Close to EVERYTHING! Minutes from Woodfield. Spacious split level home offering a versatile floor plan, generous living areas, and numerous recent updates throughout. The lower level provides additional finished living space, including a recently renovated basement in 2025. Outside, you'll find a large backyard with extensive improvements designed for relaxation and gatherings. In 2025, the backyard paver patio, side yard paver walkway, rear deck stairs, and deck were renovated, creating an attractive and functional outdoor living space. Additional updates include a new paver driveway, rebuilt front entry stairs, and installation of an EV charger. Located in a quiet Rolling Meadows neighborhood, this home offers convenient access to parks, schools, shopping, dining, Metra service, and major highways. With its spacious interior, extensive recent improvements, and excellent location, this home is ready for its next owner to enjoy.
Full Property Details
Full Property Details for 4506 Magnolia Dr
General
- Price: $529,000
- Taxes: $10,548 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12699178
- Updated: 9/21/2026
- Added to Site: 46 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Paved
Interior
- Basement: Finished, S
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas Log, Gas Starter
- Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
- Bathroom Features: Whirlpool
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Cable TV, Security System, Carbon Monoxide Detectors, Whole-House Fan, Sump Pump
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Rolling Meadows
- County: Cook
- Township: Elk Grove
- Driving Directions: Algonquin Road E of 53 to Magnolia - North
School Information
- School District: 15
- Elem School District: 15
- Midd School District: 15
- High School District: 214
- Elementary School: Willow Bend Elementary School
- Middle School: Carl Sandburg Middle School
- High School: Rolling Meadows High School
- Private School: Rolling Meadows High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning, Small Duct High Velocity
- Heating Type: Steam, Baseboard, Zoned
Utilities
- Sewer: Overhead Sewers
- Water: Lake Michigan
Structural Information
- Construction: Aluminum Siding, Brick
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Finished, Sub-Basement, Partial, Walk-Out Access
- Roof: Asphalt
- Sub-Flooring: Laminate
- Square Feet: 2,577
- Sq. Ft. Source: Assessor
- Year Built: 1966
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.21
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 123 x 91 x 110 x 72
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1966
- Tax Amount: $10,548
- Tax Year: 2024
- Pays Sewer: Overhead Sewers
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8072100320000
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Schools
Schools serving 4506 Magnolia Dr
School Districts:Palatine Community Consolidated School District 15, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Willow Bend Elementary School 4700 Barker Avenue, Rolling Meadows, IL 60008 | K-5 | 0.3 mi |
Carl Sandburg Jr High School 2600 Martin Lane, Rolling Meadows, IL 60008 | 6-8 | 0.9 mi |
Rolling Meadows High School 2901 Central Road, Rolling Meadows, IL 60008 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4506 Magnolia Dr
Date
Details
Price
Change
Source
9/15/2026
Price Reduced
$529,000
-3.64%
MLS
8/24/2026
Listed
$549,000
215.97%
MLS
1/04/2022
Sold
$173,750
—
Public Record
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
Tax History for 4506 Magnolia Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,287
—
$45,000
22%
2023
$10,287
5%
$36,999
—
2022
$9,812
41%
$36,999
51%
2021
$6,974
1%
$24,501
—
2020
$6,883
-1%
$24,501
-11%
2019
$6,974
-10%
$27,530
—
2018
$7,727
2%
$27,400
—
2017
$7,588
4%
$27,400
—
2016
$7,326
1%
$27,400
7%
2015
$7,231
2%
$25,707
—
2014
$7,076
3%
$25,707
—
2013
$6,888
-19%
$25,707
-25%
2012
$8,490
—
$34,159
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4506 Magnolia Dr
4506 Magnolia Drive, Rolling Meadows, IL 60008 (MLS# 12699178) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4506 Magnolia Drive is currently listed for $529,000 and was received on August 24, 2026. Want to learn more about 4506 Magnolia Drive? Do you have questions about finding other Single Family real estate for sale in Rolling Meadows? You can browse all Rolling Meadows real estate or contact a Coldwell Banker agent to request more information.

