$5,125,000
SOLD OCT 31, 2024

1300 N Waukegan Rd Lake Forest, IL 60045

28 Acres
$183,036 Price per Acre
1,219,680 Sq Ft Lot

Recently Sold

$1,314 Per Sq Ft

2% Below List Price

34 Days on Market

Highlights

  • 28 Acre Lot
  • Farm
  • 5-minute walk to Middlefork Savanna Forest Preserve
  • Deer Path Middle School East Rated A
  • Cul-De-Sac

About This Lot

As of October 2024

Incredible opportunity to own 28 contiguous acres in Lake Forest, Illinois, just 30 miles north of Chicago and 55 miles south of Milwaukee. Lake Forest is a North Shore community with outstanding schools, hospital, beach, restaurants, and historic central business district Market Square. Conveniently located just west of Waukegan Road down a private drive, this magnificent property has been passed down through generations, and is now available for sale. It is an extremely private Lake Forest estate setting. The verdant land is mostly flat with some gentle grade variations. It has exceptional mature oaks, significant woods, and open prairies. Two pin numbers are being sold together in this offering: one has 19.51 acres, and the other is an 8.45 acre parcel. In total, it is a uniquely large 27.96-acre rectangular parcel. The existing home will likely be considered a tear down. The pole barn (72' x 35') was built in the early 1980's. Municipal water is to the site while municipal sewer hook-up is available at the northwest corner. This is an "AS IS" offering. Research for development potential is strictly buyer's responsibility. Listing broker MUST be present to walk property.

Last Agent to Sell the Property

Mona Hellinga

@properties Christie's International Real Estate License #471003447 Listed on: 09/17/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Marina Carney

Compass License #475123100

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $41,305

Lot Details

  • 28 Acre Lot
  • Lot Dimensions are 666 x 1817 x 661 x 1972
  • Property fronts a private road
  • Cul-De-Sac
  • Additional Parcels

Schools

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

Farming

  • Farm

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$41,305

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural, Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • New Construction Y/N: No
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: Private Road
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal

Schools

  • Elementary School: Everett Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 28
  • Lot Dimensions: 666 X 1817 X 661 X 1972
  • Zoning: OTHER
  • Lot Size: 25.0-99.99 Acres
  • Special Assessments: N
  • Land Description: Pasture,Wooded

Rental Info

  • Board Number: 2

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 41304.88
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 1996
Sold by
Sieman Barbara A
Bought by
Sieman Michael M
Current Estimated Value
$3,029,373
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $5,125,000 -2.4% $1,314 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $5,250,000 -- $1,346 / 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 $39,497 $694,812 $411,212 $283,600
2023 $36,725 $640,295 $378,864 $261,431
2022 $36,725 $615,678 $364,175 $251,503
2021 $35,687 $610,018 $360,684 $249,334
2020 $34,877 $613,446 $362,733 $250,713
2019 $33,368 $601,917 $355,806 $246,111
2018 $35,086 $668,781 $340,019 $328,762
2017 $34,167 $657,371 $334,105 $323,266
2016 $32,772 $625,526 $317,830 $307,696
2015 $30,961 $588,853 $299,120 $289,733
2014 $31,101 $571,369 $268,478 $302,891
2012 $29,103 $576,269 $270,751 $305,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12144811

Midwest Real Estate Data (MRED)

APN: 12-30-102-009