NOT LISTED FOR SALE

Estimated Value: $2,170,000 - $5,905,000

4 Beds
7 Baths
7,271 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $3,750,000 $516 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $27,074/month

281 Days on Market

Highlights

  • Lake Front
  • Beach
  • Rooftop Deck
  • Wayne Thomas Elementary School Rated A
  • Home Theater
  • 1-minute walk to Fort Sheridan Beach

About This Home

As of August 2020

Spectacular new construction home on Lake Michigan. This 4 bed/ 6.1 bath home was built on the original 1893 Ft. Sheridan Pumping Station. Impeccably constructed with superb top of the line finishes throughout with custom contemporary design appointments. Wonderful floorplan with high ceilings (includes dramatic double height ceiling in living room), fantastic window line, gorgeous craftsmanship, and functional living space - perfect for entertaining & living! Capturing views of Lake Michigan and phenomenal outdoor space w/ spacious terraces & yard. 4 Bedrooms on 2nd level which includes luxurious master suite and spa bath. All additional baths are en-suite. Magnificent rec room on 3rd level completely equipped with kitchen, bath, and amazing large deck with built-in fireplace. LL features media room, gorgeous custom wine cellar, & 7 car garage. This home is exceptional! Fantastic opportunity!

Last Agent to Sell the Property

Linda Levin

Jameson Sotheby's Intl Realty License #475137990 Listed on: 08/30/2019

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Joanne Hudson

Compass License #475096932

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 2016

Lot Details

  • Lake Front
  • Property is adjacent to nature preserve
  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $400 per month

Parking

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

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof
  • Stone Siding

Interior Spaces

  • Elevator
  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Home Theater
  • Library
  • Recreation Room
  • Water Views
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Outdoor Features

  • Rooftop Deck
  • Patio
  • Fire Pit

Location

  • Property is near bus stop

Utilities

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

Community Details

  • Beach

Home Details

Home Type

Single Family

Year Built

2016

Lot Details

0.69 Acres

HOA Fees

$400 per month

Parking

7

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 1-5 Years
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 6.1
  • Style Of House: Contemporary
  • Type Detached: 4+ Stories
  • Estimated Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Elevator, Hardwood Floors, Heated Floors, 2nd Floor Laundry
  • Number Of Rooms: 10
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Freezer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator, Cooktop, Range Hood
  • Equipment: Central Vacuum, TV-Cable, Security System, Fire Sprinklers, CO Detectors, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Starter
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X6, On Level: 2nd Level, Flooring: Marble, Windows: None
  • Dining Room: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 30X18, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler, Pantry-Walk-in
  • Additional Rooms: Library, Recreation Room, Media Room, Mud Room, Deck, Foyer
  • Master Bedroom: Dimensions: 22X19, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Library, Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Recreation Rm, Dimensions: 30X21, On Level: 3rd Level, Flooring: Wood Laminate, Windows: None
  • Bedroom 2: Dimensions: 14X14, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 3 Name: Media Rm, Dimensions: 20X13, On Level: Lower, Flooring: Porcelain Tile, Windows: None
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 4 Name: Mud, Dimensions: 13X8, On Level: Lower, Flooring: Porcelain Tile, Windows: None
  • Bedroom 4: Dimensions: 17X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 5 Name: Deck, Dimensions: 39X18, On Level: Main Level, Flooring: Other, Windows: None
  • Additional Room 6 Name: Foyer, Dimensions: 19X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 7271
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X21, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Stone
  • Roof Type: Tile
  • Waterfront: Yes
  • Exterior Property Features: Deck, Patio, Roof Deck, Fire Pit
  • Acreage: 0.6908

Garage/Parking

  • Number of Cars: 7
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 7
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 400 Amp Service or Greater
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Radiant, Zoned

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Includes: Security, Snow Removal
  • Master Association Fee: Yes
  • Master Association Fee: 2376
  • Assessment Association Fees: 400
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: self

Schools

  • Junior High Dist: 112
  • Elementary School #2: Wayne Thomas Elementary School

Lot Info

  • Lot Dimensions: 151 X 132 X 111 X 80 X 91 X 133
  • Lot Description: Beach, Fenced Yard, Nature Preserve Adjacent, Lake Front, Landscaped Professionally, Water View
  • Parcel Identification Number: 16111010110000

Tax Info

  • Taxes: 42757.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Aug 12, 2020
Sold by
Western Tabletop Llc
Bought by
Chicago Title Land Trust Company and Trust Number 8002383479
Seller's Agent
Linda Levin
Jameson Sotheby's Intl Realty
Buyer's Agent
Joanne Hudson
Compass
List Price
$3,850,000
Sold Price
$3,750,000
Premium/Discount to List
-$100,000
-2.6%
Current Estimated Value
$4,270,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,435
Avg. Annual Appreciation
2.34%
Original Mortgage
$2,200,000
Outstanding Balance
$1,951,555
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,318,880

Purchase Details

Closed on
Dec 4, 2015
Sold by
County Of Lake
Bought by
Bsd Ventures Llc

Purchase Details

Closed on
Nov 16, 2010
Sold by
Cliff Road Llc
Bought by
Western Tabletop Llc
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
Chicago Title Land Trust Company $3,750,000 Chicago Title Land Trust Co
Bsd Ventures Llc -- None Available
Western Tabletop Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Company $2,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $3,750,000 -2.6% $516 / Sq Ft
07/24/2020 07/24/20 For Sale $3,850,000 0.0% $530 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/27/2020 05/27/20 Pending -- -- --
03/02/2020 03/02/20 Price Changed $3,850,000 -2.5% $530 / Sq Ft
08/30/2019 08/30/19 For Sale $3,950,000 -- $543 / 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
2024 $46,248 $584,878 $103,740 $481,138
2023 $43,262 $527,202 $93,510 $433,692
2022 $43,262 $480,412 $89,327 $391,085
2021 $39,915 $464,391 $86,348 $378,043
2020 $38,623 $464,391 $86,348 $378,043
2019 $37,314 $462,219 $85,944 $376,275
2018 $42,103 $552,588 $102,156 $450,432
2017 $41,449 $549,402 $101,567 $447,835
2016 $40,010 $523,041 $96,694 $426,347
2015 $7,183 $89,839 $89,839 $0
2014 $8,217 $100,357 $100,357 $0
2012 -- $100,942 $100,942 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10501619

Midwest Real Estate Data (MRED)

APN: 16-11-101-011

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