124 W Old Elm Rd Lake Forest, IL 60045
Estimated payment $5,487/month
Highlights
- Living Room with Fireplace
- Recreation Room
- Ranch Style House
- Cherokee Elementary School Rated A
- Wooded Lot
- Wood Flooring
About This Home
Welcome to this completely remodeled ranch-style home situated on a stunning 0.35-acre professionally landscaped lot. This home boasts numerous high-end updates and thoughtful improvements throughout. The spectacular kitchen (2022) features soft-close white shaker cabinetry, quartz countertops, a center island with breakfast bar, and new stainless steel appliances. The kitchen opens to a cozy family room with a wood-burning fireplace framed by limestone-washed brick, as well as to a spacious dining room-perfect for entertaining. A newly added mudroom offers custom cubbies and ample storage, leading to an oversized 2.5-car garage. The main floor includes two bedrooms, including a luxurious primary suite with a fully renovated en-suite bath (2022) featuring a marble shower. The completely finished lower level adds versatile living space with a third bedroom, a new full bath, a large recreation room with fireplace and bar, and a fully remodeled laundry room. Step outside to enjoy the private patio overlooking a fenced yard with new shrubs and beautifully planted gardens. Additional highlights include: radiant heat in all floors and ceilings; refinished hardwood floors (2019); new Cedar Perfections roof and copper gutters (2015); many new storm windows (2015); new driveway (2020); and split-unit air conditioning added (2025). This home is a wonderful condo alternative and ideally located close to parks, schools, and shopping.
Listing Agent
@properties Christie's International Real Estate License #475127633 Listed on: 10/16/2025
Open House Schedule
-
Saturday, October 18, 202511:00 am to 1:00 pm10/18/2025 11:00:00 AM +00:0010/18/2025 1:00:00 PM +00:00First open house for this amazing ranch. Absolute perfection with everything updated.Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,131
Year Built
- Built in 1951
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 150 x 150
- Paved or Partially Paved Lot
- Wooded Lot
Parking
- 2.5 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Shake Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,462 Sq Ft Home
- Wood Burning Fireplace
- Mud Room
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Recreation Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Outdoor Features
- Patio
Schools
- Everett Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,209 | $178,427 | $94,296 | $84,131 |
| 2023 | $10,209 | $171,235 | $90,495 | $80,740 |
| 2022 | $7,938 | $138,279 | $85,246 | $53,033 |
| 2021 | $7,496 | $133,320 | $82,189 | $51,131 |
| 2020 | $8,653 | $157,222 | $82,362 | $74,860 |
| 2019 | $8,365 | $156,955 | $82,222 | $74,733 |
| 2018 | $6,409 | $128,855 | $87,149 | $41,706 |
| 2017 | $6,345 | $128,444 | $86,871 | $41,573 |
| 2016 | $6,143 | $123,587 | $83,586 | $40,001 |
| 2015 | $6,046 | $116,120 | $78,536 | $37,584 |
| 2014 | $3,223 | $138,169 | $79,098 | $59,071 |
| 2012 | $3,037 | $136,950 | $78,400 | $58,550 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/16/2025 10/16/25 | For Sale | $875,000 | +201.7% | $355 / Sq Ft | |
| 10/09/2013 10/09/13 | Sold | $290,000 | -3.3% | $212 / Sq Ft | View Prior Sale |
| 08/21/2013 08/21/13 | Pending | -- | -- | -- | |
| 08/17/2013 08/17/13 | Price Changed | $299,900 | -4.8% | $219 / Sq Ft | |
| 08/12/2013 08/12/13 | For Sale | $315,000 | -- | $230 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $290,000 | Ct | |
| Quit Claim Deed | -- | Ct | |
| Interfamily Deed Transfer | -- | Ct |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $232,000 | Adjustable Rate Mortgage/ARM |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12491182
APN: 16-08-217-013
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