NOT LISTED FOR SALE

1259 W Old Mill Rd Lake Forest, IL 60045

Estimated Value: $950,000 - $1,090,000

6 Beds
5 Baths
4,160 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $535,000 $129 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,464/month

97 Days on Market

Highlights

  • 1.47 Acre Lot
  • Farmhouse Style Home
  • Fenced Yard
  • Everett Elementary School Rated A
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of September 2018

OPPORTUNITY IS KNOCKING! Charming farmhouse with coach house in Lake Forest for an unbelievable price! Main house is 4100 sq ft + coach house is approximately 1000 sq ft. Both units with happy tenants that would like to stay. Monthly income $4125 (main house $2175 + coach house $1950). Country setting with 1.46 south facing acres. Great opportunity to live in one unit and rent the other or tear down and build your dream house. Property sold for over $1,000,000 in 2006. Property needs work and being sold in "as is" condition. It may be possible to have a Lowell address. Landlord pays for water, lawncare & snowplow.

Last Agent to Sell the Property

Andrew Mrowiec

Compass License #471004617 Listed on: 04/24/2018

Compass

Co-Listed By

Marina Carney

Compass License #475123100

Last Buyer's Agent

Melissa Rigoni

Baird & Warner License #471021165

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,549

Year Built

  • Built in 1900

Lot Details

  • 1.47 Acre Lot
  • Lot Dimensions are 197 x 323 x 197 x 322
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Farmhouse

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,549

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Description: Cellar
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 575000
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 12
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • Elementary School: EVERETT ELEMENTARY SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Middle/Junior School: DEER PATH MIDDLE SCHOOL
  • Middle/Junior School District: 67

Lot Info

  • Lot Size Acres: 1.47
  • Lot Dimensions: 197 X 323 X 197 X 322
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: U

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 13549.15
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s,Coach House,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Sep 14, 2018
Sold by
60045 Llc
Bought by
Rigoni Jonathan M and Rigoni Julia A
Seller's Agent
Andrew Mrowiec
Compass
Buyer's Agent
Melissa Rigoni
Baird & Warner
List Price
$635,000
Sold Price
$535,000
Premium/Discount to List
-$100,000
-15.75%
Current Estimated Value
$1,001,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,548
Avg. Annual Appreciation
8.84%
Original Mortgage
$428,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2011
Sold by
Lisk Robert
Bought by
60045 Llc

Purchase Details

Closed on
Dec 19, 2006
Sold by
Wiegold Bryan and Wiegold Rebecca
Bought by
Lisk Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,250
Interest Rate
1.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2004
Sold by
Wiegold Bryan and Wiegold Rebecca
Bought by
Wiegold Bryan and Wiegold Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2001
Sold by
Swenson Willis J and Swenson Janet C
Bought by
Wiegold Bryan and Swenson Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 1998
Sold by
Barksdale Marjory S
Bought by
Swenson Willis J and Swenson Janet C

Purchase Details

Closed on
Aug 1, 1995
Sold by
Lasalle National Trust Na
Bought by
Barksdale Marjory S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rigoni Jonathan M $535,000 Chicago Title
60045 Llc $450,000 Prism Title
Lisk Robert $1,017,500 Multiple
Wiegold Bryan -- Lawyers
Wiegold Bryan -- --
Swenson Willis J $549,500 --
Barksdale Marjory S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rigoni Jonathan M $508,500
Closed Rigoni Jonathan M $428,000
Closed Rigoni Jonathan M $53,446
Previous Owner 60045 Llc $425,000
Previous Owner Lisk Robert $712,250
Previous Owner Wiegold Bryan $35,000
Previous Owner Wiegold Bryan $650,000
Previous Owner Wiegold Bryan $618,000
Previous Owner Wiegold Bryan $586,000
Previous Owner Wiegold Bryan $438,000
Previous Owner Wiegold Bryan $300,000
Previous Owner Wiegold Bryan $270,000
Previous Owner Wiegold Bryan $439,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $535,000 -7.0% $129 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/08/2018 07/08/18 Price Changed $575,000 -4.0% $138 / Sq Ft
05/23/2018 05/23/18 Price Changed $599,000 -5.7% $144 / Sq Ft
04/24/2018 04/24/18 For Sale $635,000 -- $153 / 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 $13,521 $224,978 $160,750 $64,228
2023 $14,772 $215,910 $154,271 $61,639
2022 $14,772 $245,857 $163,517 $82,340
2021 $13,974 $237,039 $157,652 $79,387
2020 $13,611 $237,538 $157,984 $79,554
2019 $13,172 $237,135 $157,716 $79,419
2018 $14,095 $269,597 $167,165 $102,432
2017 $13,967 $268,737 $166,632 $102,105
2016 $13,549 $275,201 $160,331 $114,870
2015 $14,197 $258,575 $150,645 $107,930
2014 $7,652 $141,035 $140,095 $940
2012 $7,385 $139,791 $138,859 $932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09927091

Midwest Real Estate Data (MRED)

APN: 16-18-104-010