NOT LISTED FOR SALE

1298 N Waukegan Rd Lake Forest, IL 60045

Estimated Value: $1,425,000 - $3,106,000

5 Beds
7 Baths
9,877 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 20, 2014

Last sale price $2,230,000 $226 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $12,959/month

108 Days on Market

Highlights

  • Wood Flooring
  • Mud Room
  • Breakfast Room
  • Deer Path Middle School East Rated A
  • Sitting Room
  • Stainless Steel Appliances

About This Home

As of November 2014

5-acre Lake Forest estate. Property is located 3/4 of a mile off Waukegan. A breathtaking property with a Mediterranean-style David Adler courtyard, surrounded by 3 buildings; a 5-bdrm main house, with a 1930's stbl w/apt, 2-bdrm coach house and 4-car garage. A unique property with mature trees and wildflowers on an open field, located close to Open Lands and Middlefork Savannah. Barn 4252 SF. Coach House 937 SF

Last Agent to Sell the Property

Irene Mester

@properties Christie's International Real Estate License #475126892 Listed on: 05/09/2014

@properties Christie's International Real Estate

Last Buyer's Agent

Linda Levin

Jameson Sotheby's Intl Realty License #475137990

Jameson Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,803

Year Built

  • 1919

Lot Details

  • Dog Run

Parking

  • Detached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Parking Included in Price
  • Garage Is Owned
  • Unassigned Parking

Home Design

  • Stucco Exterior

Interior Spaces

  • Wet Bar
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Breakfast Room
  • Library
  • Utility Room with Study Area
  • Wood Flooring
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,803

Year Built

1919

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1919
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors
  • Number Of Rooms: 13
  • Living Room: Dimensions: 26X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Attic: Unfinished
  • Basement: Walkout
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 9X8, On Level: Main Level, Flooring: Slate
  • Dining Room: Dimensions: 20X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X19, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: 5th Bedroom, Breakfast Room, Foyer, Library, Mud Room, Sitting Room, Study
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 19X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Study, Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Library, Dimensions: 26X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 19X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Sitting, Dimensions: 13X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Foyer, Dimensions: 8X5, On Level: Main Level, Flooring: Marble
  • Additional Room 7 Name: Mud, Dimensions: 9X6, On Level: Main Level
  • Estimated Sq Ft: 9877
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X19, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: 5.0-5.99 Acres
  • Exterior Building Type: Stucco
  • Exterior Property Features: Balcony, Patio, Dog Run, Brick Paver Patio
  • Acreage: 5

Garage/Parking

  • Number of Cars: 8
  • Parking: Garage, Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Circular
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 115
  • Elementary School: CHEROKEE ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 67
  • Elementary School #2: SHERIDAN ELEMENTARY SCHOOL

Lot Info

  • Lot Dimensions: 5
  • Parcel Identification Number: 12301000020000

Tax Info

  • Taxes: 25341

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Nov 20, 2014
Sold by
Mundelein 29473 Llc
Bought by
Stenger 29473 Inc
Seller's Agent
Irene Mester
@properties Christie's International Real Estate
Buyer's Agent
Linda Levin
Jameson Sotheby's Intl Realty
List Price
$3,500,000
Sold Price
$2,230,000
Premium/Discount to List
-$1,270,000
-36.29%
Total Days on Market
108
Current Estimated Value
$1,989,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$240,262
Avg. Annual Appreciation
-1.07%
Original Mortgage
$400,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Stenger 29473 Inc $710,000 Ct
Marks Gavin $2,230,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marks Gavin $750,000
Open Marks Gavin $1,500,000
Closed Marks Gavin $972,000
Closed Marks Gavin $400,000
Closed Marks Gavin $1,000,000
Previous Owner Chicago Title Land Trust Company $417,000
Previous Owner Chicago Title Land Trust Company $350,000
Previous Owner Lasalle Bank Na $838,860
Previous Owner American National Bk & Tr Co Of Chicago $860,141
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2014 11/20/14 Sold $2,230,000 -15.8% $226 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
08/09/2014 08/09/14 Price Changed $2,650,000 -11.5% $268 / Sq Ft
06/20/2014 06/20/14 Price Changed $2,995,000 -14.4% $303 / Sq Ft
05/09/2014 05/09/14 For Sale $3,500,000 -- $354 / 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 $28,803 $474,952 $263,943 $211,009
2023 $28,803 $499,950 $243,310 $256,640
2022 $32,347 $578,445 $227,445 $351,000
2021 $37,150 $649,591 $225,483 $424,108
2020 $34,413 $653,183 $226,730 $426,453
2019 $34,529 $641,193 $222,568 $418,625
2018 $22,555 $779,565 $329,486 $450,079
2017 $38,615 $766,534 $323,978 $442,556
2016 $37,028 $729,615 $308,374 $421,241
2015 $36,490 $687,020 $290,371 $396,649
2014 $25,717 $488,540 $260,695 $227,845
2012 $25,279 $492,777 $262,956 $229,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08610192

Midwest Real Estate Data (MRED)

APN: 12-30-100-002