NOT LISTED FOR SALE

140 Franklin Place E Unit 307 Lake Forest, IL 60045

Estimated Value: $466,000 - $562,000

2 Beds
2 Baths
1,400 Sq Ft
$360/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2015

Last sale price $355,000 $254 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,660 / mo

9 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Stainless Steel Appliances
  • Sheridan Elementary School Rated A
  • Den
  • Balcony

About This Home

As of September 2015

Unlike any unit you have seen. Great use of space, wonderful lay-out. Must see to appreciate level and quality of upgrades. Detailed soffits, crown moldings, wood floors, recessed lighting, updated baths with double vanities, new kitchen with Cherry cabinets, marble services, new appliances. Entry closet and bedroom closets have custom built-ins. One of a kind glass walled den. Built ins in den and second bedroom.

Last Agent to Sell the Property

Peter Barber

Berkshire Hathaway HomeServices Chicago License #475145944 Listed on: 06/22/2015

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Suzie Hempstead

Berkshire Hathaway HomeServices Chicago License #475123277

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • Southern Exposure
  • Landscaped Professionally

HOA Fees

  • $423 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Shared Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Elevator
  • Entrance Foyer
  • Den
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Door Monitored By TV

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Balcony
  • Property is near bus stop

Community Details

  • Common Area

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

1,133 Sq Ft Lot

HOA Fees

$423 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1973
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1973

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 5X5, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 9X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 17X9, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Balcony, Den, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Den, Dimensions: 10X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Walk in Closet, Dimensions: 6X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Bedroom 2: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 3 Name: Foyer, Dimensions: 13X5, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Room 4 Name: Balcony, Dimensions: 20X4, On Level: Main Level, Flooring: Other, Windows: None
  • Estimated Sq Ft: 1400
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Door Monitored By TV, Cable Access
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt, Shared
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: No Pets
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Storage, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 423
  • Management Contact Name: President
  • Management Phone: 847-999-9999

Fee Information

  • Management Company: Association

Schools

  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: COMMON GROUNDS
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 12281082110000

Multi Family

  • Total Number Unitsin Building: 32
  • Number Stories: 3

Tax Info

  • Taxes: 3029.06

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2018
Sold by
Bought by
Current Estimated Value
$509,341

Purchase Details

Listed on
Jun 22, 2015
Closed on
Sep 22, 2015
Sold by
Bought by
Seller's Agent
Peter Barber
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Suzie Hempstead
Berkshire Hathaway HomeServices Chicago
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$266,250
Interest Rate
0.0412%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 23, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
0.0549%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
0.0621%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
0.0569%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
$355,000 Baird & Warner Title Svcs In
-- None Available
$335,000 Fort Dearborn Land Title Llc
$410,000 Commercial Land Title Ins Co
$299,000 Multiple
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $266,250
Closed $268,000
Closed $39,000
Closed $315,000
Closed $320,000
Closed $239,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/23/2015 09/23/15 Sold $355,000 -3.8% $254 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $369,000 -- $264 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,830 $117,782 $7,172 $110,610
2024 $5,577 $113,481 $6,910 $106,571
2023 $5,297 $104,610 $6,370 $98,240
2022 $5,297 $98,720 $6,011 $92,709
2021 $5,144 $97,868 $5,959 $91,909
2020 $5,032 $98,409 $5,992 $92,417
2019 $4,778 $96,603 $5,882 $90,721
2018 $2,738 $82,772 $7,088 $75,684
2017 $3,931 $81,389 $6,970 $74,419
2016 $3,387 $70,426 $6,031 $64,395
2015 $3,332 $66,315 $5,679 $60,636
2014 $2,997 $59,944 $10,288 $49,656
2012 $2,952 $60,464 $10,377 $50,087
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Peter Barber

    Berkshire Hathaway HomeServices Chicago

    (847) 431-8114

    6 Total Sales

    Peter Barber
    Section Image
  • Suzie Hempstead

    Buyer's Agent in 2015

    Suzie Hempstead

    Berkshire Hathaway HomeServices Chicago

    (847) 910-8465

    46 Total Sales

    Suzie Hempstead
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08961179

Midwest Real Estate Data (MRED)

APN: 12-28-108-211

Illinois Lake County Lake Forest 60045

140 Franklin Place E Unit 307, Lake Forest, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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