197 E Westminster Lake Forest, IL 60045
Studio
--
Bath
4,400
Sq Ft
5,184
Sq Ft Lot
About This Home
This home is located at 197 E Westminster, Lake Forest, IL 60045. 197 E Westminster 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 21, 2023
Sold by
Milovanovic Lillie
Bought by
Milovanovic Family Declaration Of Trust and Milovanovic
Purchase Details
Closed on
Nov 10, 2011
Sold by
Lillie Alexander Ltd
Bought by
Milovanovic Michael and Milovanovic Lillie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 29, 2000
Sold by
Hansens Children Shop Inc
Bought by
Lillie Alexander Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
9.08%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Milovanovic Family Declaration Of Trust | -- | None Listed On Document | |
| Milovanovic Family Declaration Of Trust | -- | None Listed On Document | |
| Milovanovic Michael | -- | None Available | |
| Lillie Alexander Ltd | $800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Milovanovic Michael | $650,000 | |
| Previous Owner | Lillie Alexander Ltd | $1,280,000 |
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 | $21,551 | $371,462 | $118,072 | $253,390 |
| 2023 | $19,512 | $342,424 | $108,842 | $233,582 |
| 2022 | $19,512 | $323,145 | $102,714 | $220,431 |
| 2021 | $18,971 | $320,358 | $101,828 | $218,530 |
| 2020 | $17,620 | $322,130 | $102,391 | $219,739 |
| 2019 | $17,620 | $316,216 | $100,511 | $215,705 |
| 2018 | $15,917 | $305,286 | $97,036 | $208,250 |
| 2017 | $15,768 | $300,183 | $95,414 | $204,769 |
| 2016 | $15,019 | $285,726 | $90,819 | $194,907 |
| 2015 | $14,861 | $269,045 | $85,517 | $183,528 |
| 2014 | $14,931 | $269,044 | $85,515 | $183,529 |
| 2012 | $12,096 | $271,378 | $86,257 | $185,121 |
Source: Public Records
Map
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