NOT LISTED FOR SALE

1017 Forest Ave Glencoe, IL 60022

Estimated Value: $4,993,000 - $5,185,000

6 Beds
9 Baths
9,300 Sq Ft
$544/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $3,900,000 $419 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $32,519/month

137 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub
  • Formal Dining Room
  • West School Rated A
  • Steam Shower
  • Garage ceiling height seven feet or more

About This Home

As of November 2021

Best in class newer construction home on fantastic wide half-acre property in desirable East Glencoe locale, steps from Lake Michigan and train. Gated home that is nearly 9300 finished sq feet with the lower level. Open layout perfect for today's lifestyle. Crisp Design with transitional urban feel. Chef's kitchen with Wood-mode cabinetry, waterfall edge island, top of the line appliances, custom built walnut library, 6 bedrooms each with en suite marble bath and walk in closet. Enclosed Screen porch with fireplace and hot tub that overlooks the large private yard. Lower level with amazing sport court open to exercise room and large entertainment space, media room, beautiful wine cellar & yoga studio. Slate Roof. Copper Gutters. 4+ car garage. Approximately 6100 Sq. Ft. above ground, and 3200 Sq. Ft. finished lower level.

Last Agent to Sell the Property

Michael Lafido

LPT Realty License #475126299 Listed on: 06/24/2021

LPT Realty

Co-Listed By

Jeffrey Brown

Coldwell Banker Realty License #475188249

Last Buyer's Agent

Joseph Licari

Keller Williams Success Realty License #471002100

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Year Built

  • 2018

Lot Details

  • 0.5

Parking

  • Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Parking Space is Owned

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Finished Basement

  • Fireplace in Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2018

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Co List Office Mls Id: MRD4420
  • Co List Office Phone: (847) 763-0200
  • Directions: Sheridan Road to Franklin West to Forest South to House
  • Lot Size: 140 X 193 X 97 X 190
  • Master Model: CUSTON
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 2018

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Freezer, Wine Refrigerator
  • Has Basement: Full, English
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement
  • Square Footage Comments: Approx 6100 Sq feet above ground 3200 below
  • Total Sq Ft: 0
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplaces: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, First Floor Laundry, Second Floor Laundry
  • Dining Room Type: Balcony/Porch/Lanai, Bedroom 5, Bedroom 6, Breakfast Room, Enclosed Porch, Exercise Room, Library, Media Room, Mud Room, Recreation Room, Other Room

Exterior Features

  • Roof: Slate
  • Exterior Features: Balcony, Patio, Hot Tub, Screened Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Stone,Other
  • Waterfront: No

Garage/Parking

  • Number of Cars: 4
  • Driveway: Asphalt,Concrete
  • Garage Details: Garage Door Opener(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage
  • Garage Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer, Sewer-Storm
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 203
  • Middle Or Junior School: Central School

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 65273.93
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Nov 23, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Vladimir Novakovic Revocable Trust
Seller's Agent
Michael Lafido
LPT Realty
Buyer's Agent
Joseph Licari
Keller Williams Success Realty
List Price
$5,000,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,100,000
-22%
Current Estimated Value
$5,061,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,161,409
Avg. Annual Appreciation
6.52%

Purchase Details

Listed on
Jul 18, 2018
Closed on
Sep 14, 2018
Sold by
Forest Glencoe Partners Llc
Bought by
Chicago Title Land Trust Company and Trust Number 8002378987
Seller's Agent
Steven Aisen
@properties Christie's International Real Estate
Buyer's Agent
Paul Gorney
eXp Realty
List Price
$3,925,000
Sold Price
$3,750,000
Premium/Discount to List
-$175,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.23%

Purchase Details

Closed on
Sep 2, 2016
Sold by
1017 Forest Llc
Bought by
Forest Glencoe Partners Llc

Purchase Details

Closed on
Oct 1, 2015
Sold by
Zwirn Judith C and Zwirn Sherwood M
Bought by
1017 Forest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,750
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 18, 2004
Sold by
Zwirn Sherwood M and Zwirn Judith C
Bought by
Zwirn Sherwood M and Zwirn Judith C

Purchase Details

Closed on
Dec 15, 2000
Sold by
Zwirn Sherwood M and Zwirn Judith C
Bought by
Zwirn Sherwood M and Zwirn Judith C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vladimir Novakovic Revocable Trust $3,900,000 Chicago Title
Chicago Title Land Trust Company $3,750,000 Chicago Title
Forest Glencoe Partners Llc $1,355,000 Chicago Title
1017 Forest Llc $1,355,000 Ct
Zwirn Sherwood M -- --
Zwirn Sherwood M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1017 Forest Llc $880,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $3,900,000 -22.0% $419 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $5,000,000 +33.3% $538 / Sq Ft
09/14/2018 09/14/18 Sold $3,750,000 -4.5% $403 / Sq Ft View Prior Sale
09/08/2018 09/08/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $3,925,000 -- $422 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $72,631 $327,442 $43,700 $283,742
2024 $72,631 $294,620 $48,070 $246,550
2023 $67,785 $300,597 $48,070 $252,527
2022 $67,785 $300,597 $48,070 $252,527
2021 $70,374 $245,464 $45,885 $199,579
2020 $68,323 $245,464 $45,885 $199,579
2019 $65,274 $263,940 $45,885 $218,055
2018 $52,725 $207,407 $39,330 $168,077
2017 $9,713 $39,330 $39,330 $0
2016 $30,960 $133,519 $39,330 $94,189
2015 $22,098 $84,370 $33,321 $51,049
2014 $20,427 $84,370 $33,321 $51,049
2013 $19,459 $84,370 $33,321 $51,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11135217

Midwest Real Estate Data (MRED)

APN: 05-06-400-003-0000