NOT LISTED FOR SALE

115 Park Ave Glencoe, IL 60022

Estimated Value: $2,943,000 - $3,541,000

6 Beds
8 Baths
5,046 Sq Ft
$632/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $1,912,500 $379 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $21,049/month

67 Days on Market

Highlights

  • Lake Front
  • Heated Floors
  • Mature Trees
  • Central School Rated A
  • Landscaped Professionally
  • 1-minute walk to Lakefront Park

About This Home

As of December 2020

This is a remarkable home in a location that simply can't be beat. A stone's throw to the beach, three blocks to the train & town and nicely situated back from the street on nearly 1/2 acre lot that offers true peace and tranquility. There is direct outside access to a 36' x 16' bluestone patio in rear yard, an 18' x 12' bluestone front porch served by French doors from dining room, a big second floor wrap around deck overlooking the backyard and a south facing third floor 8' x 8' balcony with lake views when the trees thin. The irrigated and professionally lit groomed & fenced grounds are glorious but since we do not live outside year round we are peddling a home here that will blow your mind. It is a perfect blend of 1920's traditional architectural details enhanced with 2020 contemporary touches. The Euro-style Scavolini kitchen, mudroom & butler's pantry in the breakfast room are practical & very cool. They flow east to west along the rear of the home with easy access to the three car heated garage and open to the family room. The expansive two story stone foyer welcomes you and is flanked by entertaining sized formal living & dining rooms. The grand circular staircase serves all four levels where on the second floor you find five bedrooms, all en suite, including the master with sitting room, two sided fireplace, spa bath & studio sized walk in closet. The rich paneled third floor library with fireplace & bonus room with yet another full bathroom is ideal work from home retreat. The recently renovated basement is dreamy with fireplace, full service bar and recreation room, game room, the home's 6th bedroom, full bathroom and temperature controlled wine cellar finished to main floor standards. The home's infrastructure is top drawer with slate roof, heated copper gutters, newer HVAC systems, water heaters, sump pump systems & more. There is nothing not to like here. The current owners nearly decade long commitment to preserve, enhance and maintain this gem has generated value here which is icing on a delicious cake.

Last Agent to Sell the Property

Peter Cummins

Baird & Warner License #471007172 Listed on: 07/07/2020

Baird & Warner

Co-Listed By

Elise Rinaldi

@properties Christie's International Real Estate License #475116519

Last Buyer's Agent

Chris Veech

@properties Christie's International Real Estate License #475144331

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1927 | 2004

Lot Details

  • Lake Front
  • Southern Exposure
  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally
  • Mature Trees

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof
  • Stucco Exterior

Interior Spaces

  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Breakfast Room
  • Library
  • Recreation Room
  • Game Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Bar Refrigerator
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

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

Additional Features

  • North or South Exposure
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built | Renovated

1927 | 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 5
  • Ownership: Fee Simple
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2004
  • Rehab Year: 2004
  • Square Footage Comments: Square footage does not include 740 square foot three car garage.
  • Total Full or Half Bathrooms: 7.1
  • Type Detached: 3 Stories
  • Estimated Year Built: 1927
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 1740
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927
  • Year Renovated: 2004

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Heated Floors, 1st Floor Laundry, 2nd Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 15
  • Living Room: Dimensions: 35X18, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Freezer, Washer, Dryer, Disposal
  • Equipment: Humidifier, Security System, CO Detectors, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Finished, Interior Stair
  • Fireplace Location: Living Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Full Body Spray Shower, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 7X4, On Level: 2nd Level, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 21X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 17X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Breakfast Room, Foyer, Game Room, Library, Mud Room, Recreation Room, Sitting Room
  • Master Bedroom: Dimensions: 20X18, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 6th Bdrm, Dimensions: 17X15, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Additional Room 2 Name: 5th Bdrm, Dimensions: 20X16, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Library, Dimensions: 20X14, On Level: 3rd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: Breakfast Rm, Dimensions: 19X13, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Bedroom 4: Dimensions: 17X1, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 5 Name: Mud, Dimensions: 18X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Additional Room 6 Name: Recreation Rm, Dimensions: 35X13, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 7 Name: Game Rm, Dimensions: 17X13, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 8 Name: Sitting, Dimensions: 12X8, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 9 Name: Bar, Dimensions: 18X13, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 10 Name: Foyer, Dimensions: 16X14, On Level: Main Level, Windows: None
  • Estimated Sq Ft: 5046
  • Estimated Total Finished Sq Ft: 1740
  • Basement Sq Ft: 1740
  • Basement Finished Sq Ft: 1740
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Stucco
  • Roof Type: Slate
  • Exterior Property Features: Balcony, Deck, Patio
  • Exposure: N (North), S (South), E (East), W (West), Lake/Water

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt, Brick, Circular
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 35

Lot Info

  • Lot Dimensions: 80X198
  • Lot Description: Fenced Yard, Landscaped Professionally, Park Adjacent, Mature Trees
  • Parcel Identification Number: 05064090090000

Tax Info

  • Taxes: 43637.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Oct 16, 2020
Sold by
Willcocks Neil and Willcocks Joan
Bought by
Tal Vladana Babcic and Tal Eli
Seller's Agent
Peter Cummins
Baird & Warner
Buyer's Agent
Chris Veech
@properties Christie's International Real Estate
List Price
$1,975,000
Sold Price
$1,912,500
Premium/Discount to List
-$62,500
-3.16%
Current Estimated Value
$3,187,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,274,646
Avg. Annual Appreciation
10.49%
Original Mortgage
$1,434,375
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2012
Sold by
Cohan Michael H and Cohan Cathy D
Bought by
Willcocks Neil and Willcocks Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2007
Sold by
Dallaire Devin and Dallaire Robin
Bought by
Cohan Michael H and Cohan Cathy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2002
Sold by
Gelfand Alex and Gelfand Valentina
Bought by
Gelfand Alex and Velblum Alexander

Purchase Details

Closed on
Aug 14, 2002
Sold by
Diveris Aristeidie M and Bartholomew Amelia M
Bought by
Gelfand Alex and Gelfand Valentina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,132,500
Interest Rate
4.87%

Purchase Details

Closed on
May 25, 2001
Sold by
Muchmore Jon F and Muchmore Rhoda F
Bought by
Diveris Aristeidie M and Bartholomew Amelia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tal Vladana Babcic $1,912,500 Chicago Title Insurance Co
Willcocks Neil $1,982,500 Cti
Cohan Michael H $2,800,000 Multiple
Cohan Michael H $2,800,000 Multiple
Gelfand Alex -- --
Gelfand Alex $1,510,000 --
Diveris Aristeidie M $1,275,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tal Vladana Babcic $1,434,375
Previous Owner Willcocks Neil $400,000
Previous Owner Cohan Michael H $1,960,000
Previous Owner Gelfand Alex $1,132,500
Previous Owner Diveris Aristeidie M $892,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $1,912,500 -3.2% $379 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $1,975,000 0.0% $391 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $1,975,000 -- $391 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $53,585 $254,492 $42,560 $211,932
2024 $53,585 $188,894 $42,560 $146,334
2023 $50,028 $218,756 $42,560 $176,196
2022 $50,028 $218,756 $42,560 $176,196
2021 $47,445 $165,489 $41,040 $124,449
2020 $45,199 $165,489 $41,040 $124,449
2019 $43,637 $179,880 $41,040 $138,840
2018 $40,594 $163,122 $33,440 $129,682
2017 $41,061 $169,632 $33,440 $136,192
2016 $40,592 $177,554 $33,440 $144,114
2015 $49,006 $189,732 $30,400 $159,332
2014 $49,985 $198,250 $30,400 $167,850
2013 $47,665 $198,250 $30,400 $167,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10772374

Midwest Real Estate Data (MRED)

APN: 05-06-409-009-0000