NOT LISTED FOR SALE

1040 Sheridan Rd Glencoe, IL 60022

Estimated Value: $2,327,286 - $2,474,000

5 Beds
3.5 Baths
3,641 Sq Ft
$658/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $1,875,000 $515 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $15,747/month

87 Days on Market

Highlights

  • Sauna
  • 1.04 Acre Lot
  • Mature Trees
  • West School Rated A
  • Open Floorplan
  • Community Lake

About This Home

As of October 2022

Mid-Century Modern Home in East Glencoe, well-shielded from Sheridan Road, and a short stroll from the Lake, beach & town on over 1 acre of land, with glorious ravine views of nature. Incredibly private location, ensconced in mature trees, with plenty of table land. Existing home has over 3600 sq ft of open floor-plan. Large-scale rooms and floor-to-ceiling windows, all focused on the spacious yard with brick-paver patio and ravine. Hardwood floors throughout most of 1st floor. Home was updated and expanded by Architect Paul Konstant in '86. Home in good condition, but needs updating. Could be a great project, and with 1st floor bedroom & full bath plus adjacent space, could easily be converted to a 1st floor owner's suite. 4 Bedrooms and 2 baths upstairs. Owners suite features study, generous bedroom with large windows focused on nature, and a compartmentalized bathroom with double-sink vanity, deep whirlpool tub & separate steam shower (both sold "as is") and 2 generous walk-in closets. 2 1/2 car attached garage. Also could be a fantastic site for building your new dream home of up to approx. 11,400 sq ft of gross floor area per the Village of Glencoe! Possibility of 2-home subdivision also exists (please verify with the Village directly). Approximately 7/10th's of a mile to town & beach. Opportunity knocks!

Last Agent to Sell the Property

Michael Mitchell

@properties Christie's International Real Estate License #475133912 Listed on: 06/16/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Klopas Stratton Team

Jameson Sotheby's Int'l Realty License #471009697

Jameson Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,553

Year Built

  • Built in 1958

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 188 x 103 x 96 x 83 x 187 x 135 x 46
  • Backs to Open Ground
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods

Parking

  • 2.1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,641 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room
  • Lower Floor Utility Room
  • Sauna
  • Home Gym
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Balcony
  • Brick Porch or Patio

Location

  • Property is near a park

Schools

  • South Elementary School
  • Central Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,553

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood, Wall Oven
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 2
  • Interior Amenities: Skylight(s), Sauna/Steam Room, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Open Floorplan, Some Carpeting, Dining Combo
  • LivingArea: 3641
  • Room Type: Eating Area, Bedroom 5, Exercise Room, Pantry, Utility Room-Lower Level, Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 3641
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 1995000
  • Lot Features: Irregular Lot, Wooded, Mature Trees, Backs to Open Grnd, Backs to Trees/Woods
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Block,Stucco

Garage/Parking

  • Garage Spaces: 2.1
  • Number of Cars: 2.1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: South Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Central School
  • Middle/Junior School District: 35
  • Elementary School #2: West School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.04
  • Lot Dimensions: 188 X 103 X 96 X 83 X 187 X 135 X 46
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 30552.53
  • Tax Year: 2020
  • Tax Exemptions: Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Oct 10, 2022
Sold by
Feldman Scott M and Feldman Susan L
Bought by
Chicago Title Land Trust
Seller's Agent
Michael Mitchell
@properties Christie's International Real Estate
Buyer's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
List Price
$2,225,000
Sold Price
$1,875,000
Premium/Discount to List
-$350,000
-15.73%
Current Estimated Value
$2,394,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,572
Avg. Annual Appreciation
7.84%
Source: Public Records

Range of Values:

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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
Chicago Title Land Trust $1,875,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $1,875,000 -6.0% $515 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $1,995,000 -10.3% $548 / Sq Ft
06/16/2022 06/16/22 For Sale $2,225,000 -- $611 / 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
2024 $37,226 $195,001 $75,972 $119,029
2023 $33,347 $151,972 $75,972 $76,000
2022 $33,347 $151,972 $75,972 $76,000
2021 $31,352 $115,351 $95,134 $20,217
2020 $30,553 $115,351 $95,134 $20,217
2019 $29,148 $124,034 $95,134 $28,900
2018 $39,101 $160,000 $81,543 $78,457
2017 $38,015 $160,000 $81,543 $78,457
2016 $36,108 $160,000 $81,543 $78,457
2015 $38,486 $151,437 $69,085 $82,352
2014 $37,559 $151,437 $69,085 $82,352
2013 $35,801 $151,437 $69,085 $82,352
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11436916

Midwest Real Estate Data (MRED)

APN: 05-06-200-024-0000