NOT LISTED FOR SALE

1243 N Mckinley Rd Lake Forest, IL 60045

Estimated Value: $764,066 - $989,000

4 Beds
2 Baths
2,184 Sq Ft
$388/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2015

Last sale price $425,000 $195 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,553 / mo

30 Days on Market

Highlights

  • Corner Lot
  • Fenced Yard
  • Enclosed Patio or Porch
  • Sheridan Elementary School Rated A
  • 2 Car Detached Garage
  • Two Heating Systems

About This Home

As of August 2015

Incredible investment to live in one unit and rent out the other or have 2 rentals. Short distance to Lake Forest High School. Units recently painted. Hardwood floors. Includes all appliances for both units.Faux English bsmt w/Two separate areas for laundry and storage. Fully fenced-in yard with courtyard patio. 2 car garage. Loads of storage. Light, bright units with small enclosed back porches. 2 entrances.

Last Agent to Sell the Property

Margaret Tornga

Clearshore Realty License #471010067 Listed on: 05/14/2015

Last Buyer's Agent

Carrie Goldstein

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,727

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 99 x 78 x 96 x 55
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Foundation
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Two Heating Systems
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,727

Year Built

Built in 1929

Lot Details

6,665 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1929
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Window Air Conditioner,Hardwood Floors

Exterior Features

  • Foundation Details: Block, Brick/Mortar
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 0

Schools

  • Elementary School: SHERIDAN ELEMENTARY SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Middle/Junior School: DEER PATH MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 99 X 78 X 96 X 55
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6727
  • Tax Year: 2013

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Bought by
Current Estimated Value
$847,517

Purchase Details

Closed on
Aug 5, 2017
Sold by
Bought by

Purchase Details

Listed on
May 14, 2015
Closed on
Sep 1, 2015
Sold by
Bought by
Seller's Agent
Margaret Tornga
Clearshore Realty
Buyer's Agent
Carrie Goldstein
Keller Williams Premier Realty
List Price
$469,900
Sold Price
$425,000
Premium/Discount to List
-$44,900
-9.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$417,302
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 14, 2015
Closed on
Aug 27, 2015
Sold by
Bought by
Seller's Agent
Margaret Tornga
Clearshore Realty
Buyer's Agent
Carrie Goldstein
Keller Williams Premier Realty
List Price
$469,900
Sold Price
$425,000
Premium/Discount to List
-$44,900
-9.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 1999
Sold by
Bought by

Purchase Details

Closed on
May 1, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
-- None Available
$425,000 Old Republic Natl Title Ins
-- --
$260,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $417,302
Previous Owner $208,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/27/2015 08/27/15 Sold $425,000 -9.6% $195 / Sq Ft
06/13/2015 06/13/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $469,900 -- $215 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $12,024 $208,688 $89,918 $118,770
2024 $11,665 $201,068 $86,635 $114,433
2023 $9,241 $185,351 $79,863 $105,488
2022 $9,241 $153,051 $65,946 $87,105
2021 $8,985 $151,731 $65,377 $86,354
2020 $8,784 $152,571 $65,739 $86,832
2019 $8,345 $149,770 $64,532 $85,238
2018 $7,878 $151,095 $86,465 $64,630
2017 $7,746 $148,570 $85,020 $63,550
2016 $7,434 $141,414 $80,925 $60,489
2015 $7,024 $133,159 $76,201 $56,958
2014 $6,727 $127,160 $68,413 $58,747
2012 $6,402 $128,263 $69,006 $59,257
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Margaret Tornga

    Clearshore Realty

    Section Image

  • C

    Buyer's Agent in 2015

    Carrie Goldstein

    Keller Williams Premier Realty

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08923077

Midwest Real Estate Data (MRED)

APN: 12-28-110-017

Illinois Lake County Lake Forest 60045

1243 N Mckinley Rd, Lake Forest, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.