NOT LISTED FOR SALE

1825 Telegraph Rd Lake Forest, IL 60045

Estimated Value: $1,145,000 - $4,777,000

7 Acres
$380,095 Price per Acre
309,276 Sq Ft Lot

Last Sold October 19, 2020

Last sale price $717,500 $677 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $16,481/month

251 Days on Market

About This Lot

As of October 2020

FANTASTIC LAND OPPORTUNITY TO OWN 7 ACRES IN THE HEART OF LAKE FOREST! THIS PERFECT LOCATION CAN BE YOUR AMAZING ESTATE OR IS AVAILABLE TO CREATE A UNIQUE DEVELOPMENT WITH 4-5 IDEAL LOTS. IT IS LOCATED BETWEEN JAMES COURT & ANNA LANE ESTATES WITH ACCESS TO OPEN LANDS. THIS PROPERTY WAS FARMED FOR HAY AND CURRENTLY HAS A SMALL BARN AND HOUSE ON THE PROPERTY. THE 2019 TAXES ARE $14,680! PER CITY DISCUSSIONS, THERE IS THE ABILITY TO SUBDIVIDE THE PARCEL INTO 4 OR 5 SEPARATE LOTS. PLEASE CALL TO WALK THE PROPERTY PRIOR TO DOING SO.

Last Agent to Sell the Property

Susie Banas

@properties Christie's International Real Estate License #475130318 Listed on: 12/28/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Chris Foss

Coldwell Banker Realty License #475123270

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,315

Lot Details

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$21,315

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Train
  • Ownership: Fee Simple
  • Current Use: Agricultural/W Bldg
  • Potential Use: Residential-Estate, Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site
  • Zoning Type: AGRIC
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 6.0-7.99 Acres
  • Acreage: 7.1
  • Frontage Access: City Street
  • Front Footage: 398

Schools

  • School District: 115
  • Elementary School: Everett Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 398 X 823 X 381 X 717
  • Parcel Identification Number: 16182000150000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 14680.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2019
Closed on
Oct 19, 2020
Sold by
Magill Larry
Bought by
Bel Sogno Llc
Seller's Agent
Susie Banas
@properties Christie's International Real Estate
Buyer's Agent
Chris Foss
Coldwell Banker Realty
List Price
$975,000
Sold Price
$717,500
Premium/Discount to List
-$257,500
-26.41%
Current Estimated Value
$2,698,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,981,176
Avg. Annual Appreciation
31.56%

Purchase Details

Closed on
Mar 4, 1997
Sold by
Bertucci Adolph and Bertucci Mary R
Bought by
Bertucci Adolph and Adolph Bertucci Revocable Trust
Source: Public Records

Range of Values:

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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
Bel Sogno Llc $717,500 Advisors Title Network Llc
Bertucci Adolph -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $717,500 -18.2% $677 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $877,500 -10.0% $828 / Sq Ft
12/28/2019 12/28/19 For Sale $975,000 -- $920 / 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 $21,315 $1,002,764 $348,841 $653,923
2023 $16,443 $339,598 $311,704 $27,894
2022 $16,443 $272,690 $257,305 $15,385
2021 $15,551 $262,795 $247,962 $14,833
2020 $15,142 $263,276 $248,412 $14,864
2019 $14,681 $262,148 $247,309 $14,839
2018 $21,722 $419,366 $396,502 $22,864
2017 $21,267 $418,028 $395,237 $22,791
2016 $16,314 $402,221 $380,292 $21,929
2015 $16,963 $377,921 $357,317 $20,604
2014 $16,912 $381,232 $359,874 $21,358
2012 $15,721 $377,869 $356,699 $21,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10598374

Midwest Real Estate Data (MRED)

APN: 16-18-200-015