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$305,000 Contingent

  • For Sale
  • Contingent
  • Condo / Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1,150 Sq. Ft.
  • 1 Car Garage
  • Updated 6 days ago
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Make this Lexington Commons condo your new home! Updated kitchen and baths including white kitchen cabinets, granite counters & backsplash plus a large eat-in area with sliders to deck. Large layout with lots of closets space! New hot water heater and new appliances. Beautiful location overlooking walking path and courtyard. Complex is maintained beautifully and includes 2 pools, tennis courts and more! Don't miss out on a great deal!

Full Property Details for 550 Greystone Ln #A2

General

  • Price: $305,000
  • HOA FEE: $525/month
  • Taxes: $4,871 (2024)
  • Status: Contingent
  • Type: Condo /Townhouse
  • Source: MRED
  • MLS ID: 12532193
  • Updated: 1/10/2026
  • Added to Site: 35 day(s) ago

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Park, Party Room, Pool, Tennis Court(s)
  • Equipment: Intercom, Carbon Monoxide Detectors, Ceiling Fan(s)
  • Other Features: School Bus Service, Commuter Train

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Wheeling
  • County: Cook
  • Township: Wheeling
  • Subdivision: Lexington Commons
  • Driving Directions: Lake Cook or Rt. 83 To Lexington Dr to Greystone

School Information

  • School District: 21
  • Elem School District: 21
  • Midd School District: 21
  • High School District: 214
  • Elementary School: Joyce Kilmer Elementary School
  • Middle School: Cooper Middle School
  • High School: Buffalo Grove High School
  • Private School: Buffalo Grove High School

Community

  • Assoc. Fees Include: Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: Rowell

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Manor Home/Coach House/Villa
  • Model: A2
  • Construction: Brick, Frame
  • Exterior Const.: Brick, Frame
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Entry Floor Number: 2
  • Stories/Levels: 1
  • Square Feet: 1,150
  • Sq. Ft. Source: Estimated
  • Year Built: 1980

Unit Information

  • Units in Building: 8

Manufactured Home

  • Model: A2

Additional Structures

  • Other Structures: Tennis Court(s)

Lot Features

  • Lot Dimensions: COMMON
  • Lot Features: Common Grounds, Cul-De-Sac, Landscaped

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $525
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1980
  • Tax Amount: $4,871
  • Tax Year: 2024
  • Pays Sewer: Public Sewer, Storm Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 3031000541138
Buyer's Brokerage Compensation: Contact Listing Agent
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Save up to an additional 20% by bundling your home and auto together!

Schools serving 550 Greystone Ln #A2

School Districts:Wheeling Community Consolidated School District 21, Township High School District 214
NameGradesDistance
Joyce Kilmer Elementary School
655 Golfview Terrace, Buffalo Grove, IL 60089
PK-51.1 mi
Cooper Middle School
1050 Plum Grove Circle, Buffalo Grove, IL 60089
6-82 mi
Buffalo Grove High School
1100 West Dundee Road, Buffalo Grove, IL 60089
9-122.1 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 550 Greystone Ln #A2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/12/2025
Listed
$305,000
81.55%
MLS
10/29/2015
Sold
$168,000
—
Public Record
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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 550 Greystone Ln #A2

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,134
6%
$21,285
—
2022
$4,835
77%
$21,285
59%
2021
$2,734
-3%
$13,374
—
2020
$2,811
-2%
$13,374
-11%
2019
$2,881
11%
$14,966
13%
2018
$2,584
1%
$13,265
—
2017
$2,570
-14%
$13,265
—
2016
$2,997
-21%
$13,265
25%
2015
$3,774
35%
$10,593
—
2014
$2,789
9%
$10,593
—
2013
$2,556
-32%
$10,593
-30%
2012
$3,763
—
$15,096
—
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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550 Greystone Lane #A2, Wheeling, IL 60090 (MLS# 12532193) is a Condo / Townhouse property with 3 bedrooms and 2 full bathrooms. 550 Greystone Lane #A2 is currently listed for $305,000 and was received on December 12, 2025. This property is listed by Silviu Strain from our McMullen/O'Hare Office.Want to learn more about 550 Greystone Lane #A2? Do you have questions about finding other Condo / Townhouse real estate for sale in Wheeling? You can browse all Wheeling real estate or contact a Coldwell Banker agent to request more information.

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