NOT LISTED FOR SALE

1120 Polo Dr Lake Forest, IL 60045

Estimated Value: $1,120,000 - $1,271,712

5 Beds
4 Baths
3,509 Sq Ft
$340/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $950,000 $271 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,926/month

36 Days on Market

Highlights

  • Family Room with Fireplace
  • Attached Garage
  • Brick Driveway
  • Cherokee Elementary School Rated A

About This Home

As of December 2021

FEAST YOUR EYES ON AN ABSOLUTE SHOW STOPPER! This magnificent masterpiece was brilliantly completely gutted to the studs on the first floor! The second floor was revamped as well! EVERYTHING is like BRAND NEW construction! Move right in and enjoy the tasteful elegance and high end finishes! The BRAND NEW kitchen is a jaw dropper with its sensational massive island with stunning waterfall counter top, high end quality appliances, sparkling light fixtures, floating shelves, generous cabinets and delightful double entry walk in pantry! The open floor plan will amaze you! There is so much to describe here...I promise, it is worth making the trip to enjoy every detail! The dining space is bright and sun filled with glass doors over looking the scenic 1.26 acreage! This area combines with a massive family room area. You will appreciate the great room with it's vaulted ceiling, window seat and floor to ceiling fireplace. Because of the openness of the design, there is much flexibility for the space usage. The first floor powder room is ready for a magazine shoot! The formal living room has a stunning designed ceiling and a gorgeous fireplace! The New windows throughout this home really shows the pretty views from each and every room! Every home should enjoy a massive mud room (16x9) which is located just off the 4 PLUS Car garage! (WOW!) The second floor boasts 5 generous bedrooms and 3 new bathrooms! The master suite is a paradise in itself. It has an amazing walk in closet and a breathtaking brand new high end bathroom. You will love the elegance of the tile choices, soaking tub and fabulous fixtures! You will also appreciate the 2nd floor laundry room! You can't beat the quiet Cul-de-sac location and the sprawling yard! It has a delightful brick driveway. This home needs nothing...from its new walls, paint, floors, windows, appliances, cabinetry, bathrooms (4), furnace, fixtures, Front door, new doors and hardware.....and many more NEW items...It is ready for you to MOVE RIGHT IN!

Last Agent to Sell the Property

Maureen O'Grady-Tuohy

Berkshire Hathaway HomeServices Chicago License #475094236 Listed on: 09/23/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Julie Fleetwood

Jameson Sotheby's International Realty License #475156537

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,948

Year Built

  • 1977

Lot Details

  • 1.26

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Interior Spaces

  • Separate Shower
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Unfinished Attic

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,948

Year Built

1977

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Colonial
  • Directions: OLD ELM W OF 41 TO POLO
  • Lot Size: 185X301X185X247
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Has Basement: Partial
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Other
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,Combined w/ FamRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Walk-In Closet(s)
  • Dining Room Type: Bedroom 5, Great Room, Mud Room

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Aluminum Siding,Stone
  • Lot Features: Cul-De-Sac
  • Waterfront: No

Garage/Parking

  • Number of Cars: 4
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Lake Forest High School
  • Junior High Dist: 115
  • Middle Or Junior School: Deer Path Middle School

Lot Info

  • Rural (Y/N): N
  • 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: 15166
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2023
Sold by
Algayed Ilham A and Algayed Michael D
Bought by
Algayed Ilham A and Madland Michael D
Current Estimated Value
$1,192,428

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 14, 2021
Sold by
Mdv Construction And Design Llc
Bought by
Algayed Ilham A and Madland Michael D
Seller's Agent
Maureen O'Grady-Tuohy
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Julie Fleetwood
Jameson Sotheby's International Realty
List Price
$999,900
Sold Price
$950,000
Premium/Discount to List
-$49,900
-4.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$570,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jan 15, 2021
Sold by
Mcphilimy Robert O and Mcphilimy Betty L
Bought by
Mdv Construction And Design Llc
Seller's Agent
Maureen O'Grady-Tuohy
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Non Member
NON MEMBER
List Price
$699,900
Sold Price
$650,000
Premium/Discount to List
-$49,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.45%
Original Mortgage
$6,984,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2011
Sold by
Mcphilimy Robert O and Mcphilimy Betty L
Bought by
Mcphilimy Robert O and Mcphilimy Revocable T Robert O
Source: Public Records

Range of Values:

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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
Algayed Ilham A -- --
Algayed Ilham A $950,000 Chicago Title
Mdv Construction And Design Llc $650,000 None Available
Mcphilimy Robert O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Algayed Ilham A $570,000
Previous Owner Mdv Construction And Design Llc $6,984,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $950,000 -5.0% $271 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $999,900 +53.8% $285 / Sq Ft
01/20/2021 01/20/21 Sold $650,000 -3.7% $185 / Sq Ft View Prior Sale
12/09/2020 12/09/20 Pending -- -- --
11/21/2020 11/21/20 Price Changed $675,000 -3.6% $192 / Sq Ft
10/13/2020 10/13/20 For Sale $699,900 0.0% $199 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $699,900 0.0% $199 / Sq Ft
09/15/2020 09/15/20 Price Changed $699,900 -6.7% $199 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $749,900 -2.5% $214 / Sq Ft
07/18/2020 07/18/20 Price Changed $769,000 -2.5% $219 / Sq Ft
06/25/2020 06/25/20 For Sale $789,000 -- $225 / 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 $18,948 $326,502 $163,775 $162,727
2023 $17,728 $313,342 $157,174 $156,168
2022 $17,728 $295,170 $165,539 $129,631
2021 $16,122 $284,584 $159,602 $124,982
2020 $15,705 $285,183 $159,938 $125,245
2019 $15,199 $284,699 $159,667 $125,032
2018 $16,473 $326,277 $169,234 $157,043
2017 $16,319 $325,236 $168,694 $156,542
2016 $15,808 $312,938 $162,315 $150,623
2015 $15,540 $294,032 $152,509 $141,523
2014 $16,291 $311,360 $153,600 $157,760
2012 $15,795 $308,613 $152,245 $156,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11228073

Midwest Real Estate Data (MRED)

APN: 16-08-102-006