NOT LISTED FOR SALE

118 S Lake St Grayslake, IL 60030

Estimated Value: $513,560 - $764,000

4 Beds
3 Baths
2,500 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $446,000 $178 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,191/month

10 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Deck
  • Grayslake Central High School Rated A
  • The property is located in a historic district
  • Vaulted Ceiling

About This Home

As of September 2015

Gorgeous updated historic lakefront home blocks from downtown! Master Suite with double vanity, whirlpool bath and tons of closet space. Stunning lake views from nearly every room! Family Room opens to eat-in Kitchen with brand new granite counter tops and stainless steel appliances. Updated baths, refinished hardwood floors and crown molding. Charming enclosed porch, large multi-level deck, 2nd floor laundry, walkout basement and private dock. Walk to train, schools, downtown, restaurants and farmers' market! Do not miss this one of a kind opportunity for in-town lakefront living!!

Last Agent to Sell the Property

Frances Glatfelter

@properties Christie's International Real Estate License #475166625 Listed on: 07/16/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Judy Stark

Baird & Warner

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,647

Year Built

  • 1893

Lot Details

  • Lake Front
  • East or West Exposure
  • Dog Run

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Foundation
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Dining Area
  • Screened Porch
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Exterior Basement Entry
  • Storm Screens
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub

Outdoor Features

  • Boat Slip
  • Deck
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near a bus stop
  • The property is located in a historic district

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,647

Year Built

1893

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Flood Zone (Partial), Historical District
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1893
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1893

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 9
  • Living Room: Dimensions: 23X12, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Disposal
  • Fireplace Details: Wood Burning
  • Attic: Pull Down Stair, Unfinished
  • Fireplace Location: Living Room
  • Basement: Unfinished, Exterior Access
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area, Enclosed Porch, Pantry
  • Master Bedroom: Dimensions: 16X15, On Level: 2nd Level, Flooring: Wood Laminate, Windows: None
  • Additional Room 1 Name: Eating Area, Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 2 Name: Pantry, Dimensions: 11X8, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 3 Name: Enclosed Porch, Dimensions: 7X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 2500
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Brick, Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck, Porch Screened, Dog Run, Boat Slip, Storms/Screens, Outdoor Grill
  • Exposure: W (West), Lake/Water
  • Acreage: 0.3

Garage/Parking

  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 127
  • Elementary School: WOODVIEW SCHOOL
  • Middle School: GRAYSLAKE MIDDLE SCHOOL
  • High School: GRAYSLAKE CENTRAL HIGH SCHOOL
  • Junior High Dist: 46
  • Junior High/Middle School #2: FREDERICK SCHOOL

Lot Info

  • Lot Dimensions: 66X198
  • Lot Description: Lake Front, Water View
  • Parcel Identification Number: 06342020160000

Tax Info

  • Taxes: 12285.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 25, 2015
Sold by
Glatfelter Francis Edward and Griffin Judith K
Bought by
Wolk Christopher A and Wolk Joanne L
Seller's Agent
Frances Glatfelter
@properties Christie's International Real Estate
Buyer's Agent
Judy Stark
Baird & Warner
List Price
$467,500
Sold Price
$446,000
Premium/Discount to List
-$21,500
-4.6%
Current Estimated Value
$596,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,390
Avg. Annual Appreciation
2.92%
Original Mortgage
$417,000
Outstanding Balance
$330,740
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$265,650

Purchase Details

Closed on
Jun 12, 1995
Sold by
Geier Elwyn N and Geier Wilfred J
Bought by
Glatfelter Francis Edward and Griffin Judith K
Source: Public Records

Range of Values:

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Average Value
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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
Wolk Christopher A $446,000 Attorney
Glatfelter Francis Edward -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolk Christopher A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2015 09/25/15 Sold $446,000 -4.6% $178 / Sq Ft
07/26/2015 07/26/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $467,500 -- $187 / 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 $12,647 $125,888 $30,124 $95,764
2023 $14,240 $115,536 $27,647 $87,889
2022 $14,240 $124,756 $34,290 $90,466
2021 $13,668 $119,911 $32,958 $86,953
2020 $13,676 $114,093 $31,359 $82,734
2019 $13,216 $109,462 $30,086 $79,376
2018 $15,942 $130,949 $56,301 $74,648
2017 $15,869 $120,284 $52,959 $67,325
2016 $15,265 $111,035 $48,887 $62,148
2015 $13,518 $97,474 $44,662 $52,812
2014 $11,974 $87,102 $38,907 $48,195
2012 $11,960 $90,968 $40,634 $50,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08985138

Midwest Real Estate Data (MRED)

APN: 06-34-202-016