NOT LISTED FOR SALE

1240 W Cascade Ct N Lake Forest, IL 60045

Estimated Value: $981,770 - $1,060,000

4 Beds
2.5 Baths
3,404 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $800,000 $235 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,732/month

24 Days on Market

Highlights

  • Recreation Room
  • Heated Sun or Florida Room
  • 2 Car Attached Garage
  • Everett Elementary School Rated A
  • Formal Dining Room
  • Breakfast Bar

About This Home

As of June 2022

Spacious brick home on a quiet, tree-lined street near Everett School, park and train. Great layout with a large formal living room with a decorative fireplace, a cozy family room with wood burning fireplace, a dedicated office (or 5th bedroom) with built-in shelving, eat-in kitchen, and a separate dining room. 4 season sunroom with a wet bar and vaulted ceilings opens to patio and private lush yard. Second floor features a large landing opening to a primary suite with walk in closet and 3 additional bedrooms all with hardwood floors and great light. Plenty of room for relaxing in the finished basement with additional storage. Move-in ready and well maintained home being sold as-is. A gem!

Last Agent to Sell the Property

Susan Duffey

@properties Christie's International Real Estate License #475148786 Listed on: 04/28/2022

@properties Christie's International Real Estate

Co-Listed By

Matthew Brugioni

@properties Christie's International Real Estate License #475200959

Last Buyer's Agent

Kim Shortsle

Jameson Sotheby's International Realty License #475168103

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,295

Year Built

  • Built in 1968

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 71x366x148x316

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • 3,404 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Heated Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Lake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Arcady Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,295

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Arcady
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 3404
  • Other Equipment: Sump Pump
  • Room Type: Recreation Room, Heated Sun Room, Eating Area
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 3404
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 839000
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • 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: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lake Forest High School
  • Middle/Junior School District: 67

Lot Info

  • Lot Size Acres: 0.63
  • Lot Dimensions: 71X366X148X316
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 13295.18
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2015
Sold by
Binns Gregory S
Bought by
Binns Gregory S and Mielke Lynda
Current Estimated Value
$1,026,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2003
Sold by
Binns Gregory S
Bought by
Binns Gregory S and Gregory S Binns Declaration Of Trust

Purchase Details

Closed on
Jan 15, 1998
Sold by
Lawson A Peter and Lawson Kathy A
Bought by
Gemignani Joseph A and Gemignani April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
7.16%

Purchase Details

Closed on
Apr 30, 1996
Sold by
Lawson A Peter and Lawson Kathy A
Bought by
Lawson A Peter and Lawson Kathy A
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
Binns Gregory S -- National Title Solutions Inc
Binns Gregory S -- --
Gemignani Joseph A $615,000 Premier Title Company
Lawson A Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binns Gregory S $760,000
Closed Binns Gregory S $760,000
Closed Binns Gregory S $300,000
Closed Binns Gregory S $250,000
Closed Binns Gregory S $600,000
Closed Binns Gregory S $165,000
Closed Binns Gregory S $511,000
Previous Owner Gemignani Joseph A $50,000
Previous Owner Gemignani Joseph A $530,000
Previous Owner Gemignani Joseph A $492,000
Closed Binns Gregory S $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $800,000 -4.6% $235 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $839,000 -- $246 / 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 $13,338 $230,399 $81,327 $149,072
2023 $14,448 $221,112 $78,049 $143,063
2022 $14,448 $246,601 $83,391 $163,210
2021 $13,655 $237,756 $80,400 $157,356
2020 $13,301 $238,256 $80,569 $157,687
2019 $13,852 $255,640 $80,432 $175,208
2018 $13,386 $262,254 $84,497 $177,757
2017 $13,259 $261,417 $84,227 $177,190
2016 $12,850 $251,532 $81,042 $170,490
2015 $12,647 $236,336 $76,146 $160,190
2014 $11,358 $215,388 $76,691 $138,697
2012 $10,973 $213,487 $76,014 $137,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11379634

Midwest Real Estate Data (MRED)

APN: 16-07-105-011