NOT LISTED FOR SALE

Estimated Value: $422,000 - $558,994

5 Beds
3.5 Baths
2,933 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $375,000 $128 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,377/month

129 Days on Market

Highlights

  • Second Garage
  • 0.73 Acre Lot
  • Deck
  • Spencer Loomis Elementary School Rated A
  • Community Lake
  • 4-minute walk to Steinken Park

About This Home

As of June 2024

Fabulous Remodel/Investment Opportunity! Bring your Dream Plans to Renovate this Large 5 bedroom, 3.1 bathroom in Desirable Forest Lake! This home has great investment value and sits on almost an acre featuring 5 subdividable lots, #13,#14,#15,#16,& #17. There is so much living space, perfect for in-home entertaining. Features include a Large kitchen leading to formal living and dining room areas. Unique extra large family room with custom wet bar perfect for family gatherings. 2nd level has a spacious primary suite with sitting room or office potential plus 4 additional bedrooms and 2 full bathrooms. Finished basement has a large office, 2nd kitchen, recreation and play room. The Property is Complete with 2 1/2 car detached garage AND oversized 3 car garage, Pole Barn style with a Large Oversized Door for all of your Toys! Perfect location with Lake Rights to Fish, Boat or Just Relax on the Beach! Close to Great Schools, Shopping, Restaurants, parks, trails and Entertainment! This is a unique offering with many possibilities. Sold As Is.

Last Agent to Sell the Property

Patricia Nelson

@properties Christie's International Real Estate License #475192071 Listed on: 10/19/2023

@properties Christie's International Real Estate

Co-Listed By

Sandra Frampton

@properties Christie's International Real Estate License #471020856

Last Buyer's Agent

Natalia Zukowski

Kale Realty License #475205693

Kale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,211

Year Built

  • Built in 1938

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 220x295x250x162x157
  • Paved or Partially Paved Lot

Parking

  • 5 Car Detached Garage
  • Second Garage
  • Multiple Garages
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,933 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Play Room
  • Partially Carpeted

Kitchen

  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Tideland Water Rights
  • Deck

Location

  • Property is near a park

Schools

  • May Whitney Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well
  • Water Softener is Owned

Community Details

  • Association fees include lake rights
  • Greg Dwiel Association, Phone Number (847) 420-8802
  • Forest Lake Subdivision
  • Property managed by Forest Lake Volunteer
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,211

Year Built

Built in 1938

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Forest Lake
  • Year Built: 1938
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Water Softener, Water Softener Owned, Gas Cooktop
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Bar-Wet, Second Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Some Carpeting, Separate Dining Room
  • LivingArea: 2933
  • Room Type: Bedroom 5, Office, Recreation Room, Play Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 4731
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 399900
  • OtherStructures: Second Garage
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 5
  • ParkingTotal: 5
  • Driveway: Gravel
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Laundry Closet
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Voluntary
  • Community Features: Park, Lake, Water Rights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Forest Lake Volunteer
  • Management Contact Name: Greg Dwiel
  • Management Phone: 847-420-8802

Fee Information

  • Association Fee Includes: Lake Rights

Schools

  • Elementary School: May Whitney Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - N Campus
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.73
  • Lot Dimensions: 220X295X250X162X157
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9211.16
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Zukowski Natalia
Bought by
Sokolowski Lukasz and Zukowski Natalia
Current Estimated Value
$480,999

Purchase Details

Listed on
Oct 19, 2023
Closed on
May 21, 2024
Sold by
Vassallo Victor P
Bought by
Zukowski Natalia
Seller's Agent
Patricia Nelson
@properties Christie's International Real Estate
Buyer's Agent
Natalia Zukowski
Kale Realty
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Views
1525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%
Original Mortgage
$337,500
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2007
Sold by
Chicago Title Land Trust Co
Bought by
Vassallo Victor P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Sokolowski Lukasz -- None Listed On Document
Zukowski Natalia $375,000 Proper Title
Vassallo Victor P -- Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zukowski Natalia $337,500
Previous Owner Vassallo Victor P $100,000
Previous Owner Vassallo Victor P $305,000
Previous Owner Lasalle Bank Na $329,000
Previous Owner Lasalle Bank Na $150,000
Previous Owner Lasalle National Bank $85,000
Previous Owner Lasalle Bank $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $375,000 -6.2% $128 / Sq Ft
02/27/2024 02/27/24 For Sale $399,900 0.0% $136 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $399,900 -11.1% $136 / Sq Ft
11/29/2023 11/29/23 Price Changed $449,900 -9.1% $153 / Sq Ft
10/19/2023 10/19/23 For Sale $495,000 -- $169 / 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 $9,777 $166,034 $39,602 $126,432
2023 $9,777 $149,605 $35,683 $113,922
2022 $9,211 $136,250 $34,994 $101,256
2021 $8,904 $132,758 $34,097 $98,661
2020 $6,298 $132,758 $34,097 $98,661
2019 $6,176 $131,600 $33,800 $97,800
2018 $6,205 $122,382 $36,364 $86,018
2017 $6,193 $120,907 $35,926 $84,981
2016 $7,703 $117,078 $34,788 $82,290
2015 $6,546 $111,514 $33,135 $78,379
2014 $6,758 $98,792 $30,507 $68,285
2012 $7,558 $106,039 $30,571 $75,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11907811

Midwest Real Estate Data (MRED)

APN: 14-15-202-001