NOT LISTED FOR SALE

1086 Franz Dr Lake Forest, IL 60045

Estimated Value: $781,933 - $971,000

3 Beds
2.5 Baths
2,255 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $553,000 $245 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,866/month

4 Days on Market

Highlights

  • Waterfront
  • Recreation Room
  • Wood Flooring
  • Everett Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of April 2021

Beautiful townhome features gorgeous pond views throughout. Two story foyer with marble floors. Open concept living room and dining room with 2 story ceiling, shared gas log fireplace, and 2 sets of sliding glass doors leading to brick paver patio overlooking water. Eat-in white kitchen with granite countertops and newer stainless appliances including a Thermador oven/range. First floor primary bedroom suite with luxurious bath and walk-in closet. Two spacious bedrooms on 2nd floor have walk-in closets and share large hall bath and loft space. Full finished basement has a large recreation room and lots of storage. First floor laundry room/mud room leads to 2 car attached garage. Maintenance-free living at an affordable $300/month! Walk to train, shopping, dining, and Starbucks. Home is in good condition but seller is selling home in AS IS condition

Last Agent to Sell the Property

Lisa Trace

@properties Christie's International Real Estate License #475127633 Listed on: 01/02/2021

@properties Christie's International Real Estate

Co-Listed By

Samantha Trace

@properties Christie's International Real Estate License #475187264

Last Buyer's Agent

Shannon Towson

Coldwell Banker Realty License #475121737

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,030

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 40 x 90 x 56 x 89
  • Waterfront

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,255 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Recreation Room
  • Loft
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

Outdoor Features

  • Brick Porch or Patio

Schools

  • Everett Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care
  • 4 Units
  • Association Phone (708) 710-4104
  • Lake Forest Chateau Subdivision

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,030

Year Built

Built in 1990

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Lake Forest Chateau
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2255
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Breakfast Room, Loft, Recreation Room, Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Square Footage Comments: SF does not include finished basement
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 579000
  • Lot Features: Water View
  • Roof: Shake
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: self managed
  • Management Phone: 708-710-4104
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care

Schools

  • Elementary School: Everett Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40 X 90 X 56 X 89
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 9030.26
  • Tax Year: 2019

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2021
Closed on
Apr 2, 2021
Sold by
Lukas Michael T
Bought by
Feldman Mitchell C and Feldman Nancy M
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
Shannon Towson
Coldwell Banker Realty
List Price
$579,000
Sold Price
$553,000
Premium/Discount to List
-$26,000
-4.49%
Current Estimated Value
$866,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,233
Avg. Annual Appreciation
10.44%
Original Mortgage
$353,000
Outstanding Balance
$318,716
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$547,517

Purchase Details

Closed on
May 30, 2003
Sold by
Lukas Michael T and Lukas Mary M
Bought by
Lukas Michael T

Purchase Details

Closed on
Sep 5, 2002
Sold by
Piekos Richard M
Bought by
Lucas Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
5.75%

Purchase Details

Closed on
Oct 2, 1998
Sold by
Kasdin Julia
Bought by
Piekos Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.5%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Grand Premier Trust & Investment Inc Na
Bought by
Kasdin Julia

Purchase Details

Closed on
Jan 18, 1994
Sold by
Northern Tr Bank Lake Forest Natl Assn
Bought by
The First National Bank Of Niles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.26%
Source: Public Records

Range of Values:

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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
Feldman Mitchell C $553,000 Chicago Title
Lukas Michael T -- --
Lucas Michael T $620,000 Chicago Title Insurance Co
Piekos Richard M $450,000 Chicago Title Insurance Co
Kasdin Julia $290,666 Chicago Title Insurance Co
The First National Bank Of Niles $226,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldman Mitchell C $353,000
Previous Owner Lucas Michael T $496,000
Previous Owner Piekos Richard M $300,000
Previous Owner The First National Bank Of Niles $272,000
Closed Lucas Michael T $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $553,000 -4.5% $245 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
01/02/2021 01/02/21 For Sale $579,000 -- $257 / 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 $11,467 $199,332 $13,182 $186,150
2023 $10,148 $191,298 $12,651 $178,647
2022 $10,148 $175,045 $12,236 $162,809
2021 $9,586 $168,767 $11,797 $156,970
2020 $9,338 $169,122 $11,822 $157,300
2019 $9,030 $168,835 $11,802 $157,033
2018 $8,000 $159,239 $12,510 $146,729
2017 $7,923 $158,731 $12,470 $146,261
2016 $7,673 $152,728 $11,998 $140,730
2015 $7,550 $143,501 $11,273 $132,228
2014 $7,753 $148,951 $11,354 $137,597
2012 $7,495 $147,637 $11,254 $136,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10949592

Midwest Real Estate Data (MRED)

APN: 16-07-204-029