NOT LISTED FOR SALE

127 Forest Ave Lake Zurich, IL 60047

Estimated Value: $328,000 - $360,000

3 Beds
2.5 Baths
1,175 Sq Ft
$295/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $325,000 $277 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,430/month

36 Days on Market

Highlights

  • Mature Trees
  • Property is near a park
  • Ranch Style House
  • May Whitney Elementary School Rated A
  • Recreation Room
  • 3-minute walk to Breezewald Park

About This Home

As of July 2023

Priced right to reflect the fact the home is NOT in perfect showing condition. Owner will remove all personal contents prior to closing. Note the basement carpeting was removed after a washing machine malfunction with a former tenant. Located on a quiet street in the heart of downtown Lake Zurich. Just steps away from the lake, Lakefront Breezewald Park and Downtown LZ. This ranch features hardwood floors, an architectural roof, a fenced yard and a full finished basement. The intent is to sell as-is as this is an inherited property.

Last Agent to Sell the Property

Michael Rein

Baird & Warner License #471006350 Listed on: 05/18/2023

Baird & Warner

Last Buyer's Agent

Stanislawa Talaga

@properties Christie's International Real Estate License #475124564

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 60 x 110
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,175 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • May Whitney Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

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

Additional Features

  • Patio
  • Property is near a park

Community Details

  • Ranch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,498

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • 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, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1175
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 325000
  • Lot Features: Fenced Yard, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: May Whitney Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - N Campus
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60 X 110
  • Rural (Y/N): N
  • 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: 5498
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 27, 2023
Sold by
Ahlgrim Sandra L
Bought by
Trust Number 8002388079
Seller's Agent
Michael Rein
Baird & Warner
Buyer's Agent
Stanislawa Talaga
@properties Christie's International Real Estate
List Price
$325,000
Sold Price
$325,000
Views
6
Current Estimated Value
$349,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,494
Avg. Annual Appreciation
2.90%

Purchase Details

Closed on
Sep 1, 2005
Sold by
Szott Marilyn R and Szott Family Trust
Bought by
Ahlgrim Sandra L

Purchase Details

Closed on
Jun 18, 2002
Sold by
Koepnick Ross and Ross Koepnick Trust
Bought by
Szott Marilyn R and Szott Family Trust

Purchase Details

Closed on
Apr 11, 1994
Sold by
Grogan Michael E and Grogan Annette K
Bought by
Koepnick Ross
Source: Public Records

Range of Values:

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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
Trust Number 8002388079 $325,000 Chicago Title
Ahlgrim Sandra L -- --
Szott Marilyn R $245,000 --
Koepnick Ross $106,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $325,000 0.0% $277 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $325,000 -- $277 / 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 $6,200 $86,655 $15,268 $71,387
2023 $5,498 $78,811 $13,886 $64,925
2022 $5,498 $69,784 $14,299 $55,485
2021 $5,314 $67,996 $13,933 $54,063
2020 $5,218 $67,996 $13,933 $54,063
2019 $5,137 $67,402 $13,811 $53,591
2018 $5,459 $71,798 $14,150 $57,648
2017 $5,423 $70,932 $13,979 $56,953
2016 $5,325 $68,686 $13,536 $55,150
2015 $5,263 $65,422 $12,893 $52,529
2014 $4,765 $64,573 $14,267 $50,306
2012 $4,539 $64,709 $14,297 $50,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11787695

Midwest Real Estate Data (MRED)

APN: 14-17-308-005