NOT LISTED FOR SALE

1345 Lake Rd Lake Forest, IL 60045

Estimated Value: $5,035,241 - $9,144,000

7 Beds
11 Baths
11,013 Sq Ft
$595/Sq Ft Est. Value

About This Home

This home is located at 1345 Lake Rd, Lake Forest, IL 60045 and is currently estimated at $6,555,080, approximately $595 per square foot. 1345 Lake Rd is a home located in Lake County with nearby schools including Sheridan Elementary School, Deer Path Middle School East, and Lake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Prestige Lf Llc
Bought by
Westmeyer Peter J and Westmeyer Sofia M
Current Estimated Value
$6,555,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2019
Sold by
Atg Trust Company
Bought by
Prestige Lf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2011
Sold by
Wrigley William
Bought by
Atg Trust Company and Trust #L011-186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,690,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2003
Sold by
Mcginley Jack L and Mcginley Julie C
Bought by
Wrigley William and Trust #101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Interest Rate
5.87%

Purchase Details

Closed on
Aug 12, 2002
Sold by
The Northern Trust Company
Bought by
Mcginley Jack L and Mcginley Julie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.37%

Purchase Details

Closed on
Jun 29, 1998
Sold by
The Northern Trust Company
Bought by
The Northern Trust Company and Turst #9535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.03%

Purchase Details

Closed on
Jun 22, 1998
Sold by
The Northern Trust Company
Bought by
Heurich Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Westmeyer Peter J -- Mis
Prestige Lf Llc -- Atg Trust Company
Atg Trust Company $5,600,000 None Available
Wrigley William $9,900,000 --
Mcginley Jack L $8,000,000 Chicago Title Insurance Co
The Northern Trust Company $4,700,000 Chicago Title Insurance Co
Heurich Frank -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westmeyer Peter J $8,000,000
Closed Westmeyer Peter J $4,000,000
Previous Owner Prestige Lf Llc $2,040,000
Previous Owner Atg Trust Company $3,690,000
Previous Owner Wrigley William $6,950,500
Previous Owner Wrigley William $7,500,000
Previous Owner Mcginley Jack L $1,300,000
Previous Owner The Northern Trust Company $8,800,000
Previous Owner The Northern Trust Company $1,000,000
Source: Public Records

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 $123,313 $2,066,460 $1,285,280 $781,180
2023 $113,791 $1,972,687 $1,184,808 $787,879
2022 $113,791 $1,897,771 $1,139,813 $757,958
2021 $110,637 $1,881,403 $1,129,982 $751,421
2020 $108,812 $1,890,060 $1,136,230 $753,830
2019 $110,582 $1,990,482 $1,115,373 $875,109
2018 $117,129 $2,066,460 $1,491,754 $574,706
2017 $125,969 $2,404,119 $1,613,499 $790,620
2016 $119,973 $2,288,329 $1,535,788 $752,541
2015 $118,691 $2,154,735 $1,446,128 $708,607
2014 $98,646 $1,783,443 $1,146,614 $636,829
2012 $96,636 $1,798,913 $1,156,560 $642,353
Source: Public Records

Map

Illinois Lake County Lake Forest 60045

1345 Lake Rd, Lake Forest, IL

This home is located at 1345 Lake Rd, Lake Forest, IL 60045 and is currently estimated at $6,555,080, approximately $595 per square foot. 1345 Lake Rd is a home located in Lake County with nearby schools including Sheridan Elementary School, Deer Path Middle School East, and Lake Forest High School.

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