NOT LISTED FOR SALE

1181 Loch Ln Lake Forest, IL 60045

Estimated Value: $1,674,000 - $1,865,000

5 Beds
7 Baths
4,482 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $1,205,000 $269 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $11,621/month

2 Days on Market

Highlights

  • 1.13 Acre Lot
  • Landscaped Professionally
  • Recreation Room
  • Cherokee Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wooded Lot

About This Home

As of June 2021

Space and privacy abound in this meticulously maintained custom built home set on a gorgeous 1.1 acre lot with ravine views. Beautifully designed, it offers gracious well proportioned rooms with serene views of the natural surroundings. The freshly painted interior is bright and airy with oversized windows and many double sliding glass doors. There are 5 bedrooms including 1st and 2nd floor primary suites and 5.2 baths, a formal living and dining room, a spacious family room with a two-sided fireplace and a large sunroom drenched in natural light. The kitchen offers a separate breakfast room and its equipped with a Subzero, Bosch dishwasher, Thermador double ovens and cook top. A richly paneled library features built-in bookshelves and a credenza with discrete file drawers. The finished basement has a large rec room with wet bar, game room, full bath and ample storage. Other features include three fireplaces, large walk-in closets, zoned heating and cooling, brand new washer and dryer, oversized heated, epoxied 3-car garage. Wooded lot with professional landscaping, gorgeous perennial gardens, two large patios and a lovely fountain. Private setting, convenient location, award winning schools.

Last Agent to Sell the Property

Elizabeth Wieneke

Compass License #475127499 Listed on: 04/07/2021

Compass

Last Buyer's Agent

Megan Jordan

@properties Christie's International Real Estate License #475144813

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,372

Year Built

  • Built in 1977 | Remodeled in 1995

Lot Details

  • 1.13 Acre Lot
  • Lot Dimensions are 122x334x172x348
  • Landscaped Professionally
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,482 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Recreation Room
  • Game Room
  • Heated Sun or Florida Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom

Finished Basement

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

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessibility Features

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,372

Year Built

Built in 1977 | Remodeled in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1995

Interior Features

  • Basement: Full
  • Accessibility Features: Bath Grab Bars
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplaces: 3
  • LivingArea: 4482
  • Room Type: Bedroom 5, Foyer, Game Room, Library, Recreation Room, Heated Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 4454
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 1197000
  • Lot Features: Landscaped, Wooded
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Frame,Stone

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cherokee 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 Size Acres: 1.13
  • Lot Dimensions: 122X334X172X348
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 20371.54
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 28, 2021
Sold by
Oddi Kenneth and Irene Oddi Marital Trust
Bought by
Szechinski William and Szechinski Ami
Seller's Agent
Elizabeth Wieneke
Compass
Buyer's Agent
Megan Jordan
@properties Christie's International Real Estate
Sold Price
$1,205,000
Current Estimated Value
$1,774,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,218
Avg. Annual Appreciation
9.11%
Original Mortgage
$964,000
Outstanding Balance
$875,185
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$882,389

Purchase Details

Closed on
Aug 3, 2020
Sold by
Oddi Raymond D and The Revocable Trust Of Irene O
Bought by
Oddi Raymond D and The Irene Oddi Marital Trust

Purchase Details

Closed on
Jun 17, 1998
Sold by
Oddi Raymond D and The Raymond D Oddi Land Trust
Bought by
Oddi Raymond D and Oddi Irene

Purchase Details

Closed on
Jul 3, 1995
Sold by
Oddi Raymond D
Bought by
Oddi Raymond D

Purchase Details

Closed on
Dec 1, 1994
Sold by
The Northern Trust Company
Bought by
Oddi Raymond D
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
Szechinski William $1,205,000 Chicago Title
Oddi Raymond D -- Attorney
Oddi Raymond D -- --
Oddi Raymond D -- --
Oddi Raymond D -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szechinski William $964,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $1,205,000 +0.7% $269 / Sq Ft
04/10/2021 04/10/21 For Sale -- -- --
04/09/2021 04/09/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $1,197,000 -- $267 / 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 $26,563 $484,820 $157,566 $327,254
2023 $23,235 $431,736 $142,028 $289,708
2022 $23,235 $392,122 $156,026 $236,096
2021 $21,739 $379,045 $150,823 $228,222
2020 $21,134 $379,045 $150,823 $228,222
2019 $20,372 $377,271 $150,117 $227,154
2018 $21,346 $414,583 $164,362 $250,221
2017 $20,869 $412,192 $163,414 $248,778
2016 $21,017 $411,643 $155,573 $256,070
2015 $20,491 $382,461 $144,544 $237,917
2014 $22,177 $411,593 $161,291 $250,302
2012 $24,240 $413,994 $162,232 $251,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11045534

Midwest Real Estate Data (MRED)

APN: 16-03-305-004