NOT LISTED FOR SALE

111 Lakewood Dr Glencoe, IL 60022

Estimated Value: $5,466,000 - $5,604,579

5 Beds
7 Baths
6,603 Sq Ft
$836/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $5,200,000 $788 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $39,343/month

383 Days on Market

Highlights

  • Heated Floors
  • 2.19 Acre Lot
  • Contemporary Architecture
  • Central School Rated A
  • Open Floorplan
  • Family Room with Fireplace

About This Home

As of April 2022

COMPELLING NEW PRICE! A magnificent ravine setting combined with the renowned architecture of Tom Shafer (of Grunsfeld-Shafer) make this an extraordinary custom built contemporary home with a 1st floor primary suite in addition to an elevator. Unparalleled and panoramic ravine views throughout, seasonal lake views, soaring ceilings, floor-to- ceiling windows, the finest of finishes and seasonal views of Lake Michigan. Expansive eat-in kitchen straight out of architectural digest. Stainless steel high-end appliances, a huge walk in refrigerator, freezer, 2 sinks, 2 dishwashers, a custom stainless steel hood, a large walk-in pantry and lots of space for a table and hang out area. Expansive island with seating for 5 bar stools. Great for entertaining both inside and out. Incredible cantilevered double decker screened in porch with a bbq. Custom cabinetry, beautiful architectural details, African mahogany wood accents/window trim and white oak flooring. Spectacular combination dining room~ family room with a see-through contemporary fireplace and majestic views. Lovely living room. Luxurious first floor primary bedroom suite features a sitting room, stunning, spa like bathroom with Ann Sacks mosaic tile, his and her vanities, his and hers water closets, a steam shower and gigantic his and her walk in closets with custom built-ins. Spacious in suite guest room. Huge office with custom built-ins, a laundry room a mudroom and a guest powder room complete the first floor. Walk out low level with epic views from every room and radiant heated floors includes two additional in suite bedrooms, a 5 the bedroom (currently used as an office), an exercise room, a spa room, an additional 5th full bath with a steam shower, a l family room with a wet bar, a second screened in porch and massive storage. 4 car heated garage, full house generator, blue stone walk way and patio, water fountain, dramatic exterior lighting, radiant heated bathroom floors, automatic drive way snow melt system, central vac, state of the art security system and more! Shows like new. Single family owned and never seen before. Truly an extraordinary offering.

Last Agent to Sell the Property

Susan Maman

@properties Christie's International Real Estate License #475124285 Listed on: 01/27/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Susan Maman

@properties Christie's International Real Estate License #475124285 Listed on: 01/27/2021

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,121

Year Built

  • Built in 2010

Lot Details

  • 2.19 Acre Lot
  • Lot Dimensions are 280x100x162x85x272x82x462
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,603 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Vaulted Ceiling
  • Double Sided Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Family or Dining Combination
  • Home Office
  • Recreation Room
  • Screened Porch
  • Lower Floor Utility Room
  • Storage Room
  • Home Gym
  • Home Security System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Indoor Grill
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Finished Basement Bathroom

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Patio
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 400 Amp
  • Power Generator
  • Lake Michigan Water
  • Multiple Water Heaters

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,121

Year Built

Built in 2010

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 2010
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Indoor Grill, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Range Hood
  • Basement: Full, Walkout
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Double Sided, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Elevator, Hardwood Floors, Heated Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Open Floorplan, Special Millwork, Drapes/Blinds
  • LivingArea: 6603
  • Other Equipment: Humidifier, Central Vacuum, Security System, Sump Pump, Sprinkler-Lawn, Air Purifier, Generator, Multiple Water Heaters
  • Room Type: Eating Area, Office, Recreation Room, Exercise Room, Foyer, Bedroom 5, Utility Room-Lower Level, Storage, Pantry, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Patio, Porch Screened, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Driveway: Brick,Concrete,Heated
  • Garage Details: Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Service - 400 Amp or Greater
  • Heating: Natural Gas, Forced Air, Zoned
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • 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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.1905
  • Lot Dimensions: 280X100X162X85X272X82X462
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 88121
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Apr 28, 2022
Sold by
Olshansky Michael A and Olshansky David S
Bought by
Greenwalt Paul E and Cooper 2022 Trust
Seller's Agent
Susan Maman
@properties Christie's International Real Estate
Buyer's Agent
Susan Maman
@properties Christie's International Real Estate
List Price
$6,350,000
Sold Price
$5,200,000
Premium/Discount to List
-$1,150,000
-18.11%
Current Estimated Value
$5,518,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,860
Avg. Annual Appreciation
1.62%

Purchase Details

Listed on
Jan 27, 2021
Closed on
Apr 15, 2022
Sold by
Olshansky Roberta A
Bought by
Cooper 2022 Trust
Seller's Agent
Susan Maman
@properties Christie's International Real Estate
Buyer's Agent
Susan Maman
@properties Christie's International Real Estate
List Price
$6,350,000
Sold Price
$5,200,000
Premium/Discount to List
-$1,150,000
-18.11%

Purchase Details

Closed on
Feb 22, 2007
Sold by
Robson Kenneth S
Bought by
Olshansky Melvin and Olshansky Roberta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greenwalt Paul E -- --
Cooper 2022 Trust $5,200,000 Proper Title
Greenwalt Paul E -- --
Olshansky Melvin $1,875,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2022 04/25/22 Sold $5,200,000 -18.1% $788 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
01/27/2021 01/27/21 For Sale $6,350,000 -- $962 / 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 $126,151 $527,000 $190,836 $336,164
2024 $126,151 $515,000 $229,480 $285,520
2023 $117,776 $515,000 $229,480 $285,520
2022 $117,776 $515,000 $229,480 $285,520
2021 $90,767 $316,593 $257,628 $58,965
2020 $88,121 $316,593 $257,628 $58,965
2019 $83,577 $344,123 $257,628 $86,495
2018 $86,688 $347,194 $209,919 $137,275
2017 $84,246 $347,194 $209,919 $137,275
2016 $79,515 $347,194 $209,919 $137,275
2015 $85,688 $327,161 $190,836 $136,325
2014 $83,571 $327,161 $190,836 $136,325
2013 $78,618 $327,161 $190,836 $136,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10981043

Midwest Real Estate Data (MRED)

APN: 05-06-404-008-0000