NOT LISTED FOR SALE

1240 N Sheridan Rd Lake Forest, IL 60045

Estimated Value: $2,027,000 - $2,803,000

6 Beds
7 Baths
6,206 Sq Ft
$395/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $1,857,000 $299 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $15,342/month

369 Days on Market

Highlights

  • Landscaped Professionally
  • Recreation Room
  • Vaulted Ceiling
  • Sheridan Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2015

One of Lake Forest's most beloved historic homes, seamlessly transformed to fulfill the needs of today's family. High-end finishes; Burmeister cabinetry and Water Works fixtures. New lux mstr bath, Light and bright Fam Rm w/ vaulted ceiling, happy high-end kitchen w/ island, 5 limestone FPs, lovely moldings & old world architectural details throughout,3 car attached garage! Harmonious blend of Old and New.

Last Agent to Sell the Property

Marina Carney

Compass License #475123100 Listed on: 06/05/2014

Compass

Co-Listed By

Andrew Mrowiec

Compass License #471004617

Last Buyer's Agent

Ann Lyon

@properties Christie's International Real Estate License #475126499

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,707

Lot Details

  • Landscaped Professionally
  • Corner Lot
  • Wooded Lot

Parking

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

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Slab Foundation
  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Bar Fridge
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Sitting Room
  • Recreation Room
  • Sun or Florida Room
  • Utility Room with Study Area
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • SpacePak Central Air
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,707

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 5
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.2
  • Style Of House: Farmhouse
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 13
  • Living Room: Dimensions: 26X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Basement, Loft
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 15X13, On Level: 2nd Level, Flooring: Hardwood
  • Dining Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 29X17, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Foyer, Recreation Room, Sitting Room, Study, Sun/Florida Room, Walk In Closet
  • Master Bedroom: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 15X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 19X18, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Study, Dimensions: 19X18, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Sitting, Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 21X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Foyer, Dimensions: 7X6, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Walk in Closet, Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 7 Name: Sunroom, Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 8 Name: Recreation Rm, Dimensions: 18X16, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 6206
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Brick, Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Cedar
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Porch
  • Acreage: 1.2

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
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Space Pac
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Hot Water/Steam

Schools

  • School District: 115
  • Elementary School: SHERIDAN ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 207X250X220X180
  • Lot Description: Corner, Landscaped Professionally, Wooded
  • Parcel Identification Number: 12282040190000

Tax Info

  • Taxes: 29250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Aug 27, 2015
Sold by
Atg Trust Company
Bought by
Davis Matthew F and Davis Christine M
Seller's Agent
Marina Carney
Compass
Buyer's Agent
Ann Lyon
@properties Christie's International Real Estate
List Price
$2,300,000
Sold Price
$1,857,000
Premium/Discount to List
-$443,000
-19.26%
Current Estimated Value
$2,452,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,358
Avg. Annual Appreciation
2.80%
Original Mortgage
$1,486,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2000
Sold by
Gray J Douglas and Gray Karen Z
Bought by
The Northern Trust Company and Trust #9727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
9.5%
Mortgage Type
Credit Line Revolving
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
Davis Matthew F $1,857,000 Ct
The Northern Trust Company $1,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Matthew F $986,700
Closed Davis Matthew F $986,700
Closed Davis Matthew F $1,486,000
Previous Owner The Northern Trust Company $50,000
Previous Owner The Northern Trust Company $1,895,000
Previous Owner The Northern Trust Company $1,903,675
Previous Owner The Northern Trust Co $1,300,000
Previous Owner The Northern Trust Company $800,000
Previous Owner The Northern Trust Company $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $1,857,000 -6.9% $299 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/19/2015 05/19/15 Price Changed $1,995,000 -4.8% $321 / Sq Ft
04/21/2015 04/21/15 Price Changed $2,095,000 -4.6% $338 / Sq Ft
10/23/2014 10/23/14 Price Changed $2,195,000 -4.6% $354 / Sq Ft
06/05/2014 06/05/14 For Sale $2,300,000 -- $371 / 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 $28,707 $503,492 $149,055 $354,437
2023 $26,598 $464,133 $137,403 $326,730
2022 $26,598 $446,505 $132,184 $314,321
2021 $25,858 $442,654 $131,044 $311,610
2020 $25,279 $445,102 $131,769 $313,333
2019 $24,016 $436,931 $129,350 $307,581
2018 $16,157 $570,949 $171,034 $399,915
2017 $28,957 $561,405 $168,175 $393,230
2016 $27,774 $534,366 $160,075 $374,291
2015 $27,463 $503,170 $150,730 $352,440
2014 $24,251 $473,717 $132,234 $341,483
2012 $21,194 $446,771 $130,532 $316,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08635781

Midwest Real Estate Data (MRED)

APN: 12-28-204-019