NOT LISTED FOR SALE

2505 Lake Ave Wilmette, IL 60091

Estimated Value: $667,000 - $907,000

4 Beds
2 Baths
1,725 Sq Ft
$432/Sq Ft Est. Value

About This Home

This home is located at 2505 Lake Ave, Wilmette, IL 60091 and is currently estimated at $745,113, approximately $431 per square foot. 2505 Lake Ave is a home located in Cook County with nearby schools including Romona Elementary School, Highcrest Middle School, and Wilmette Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2024
Sold by
Mercado Rosario F
Bought by
Rosario F Mercado Revocable Trust and Mercado
Current Estimated Value
$745,113

Purchase Details

Closed on
Feb 12, 2005
Sold by
Mercado Ramiro O
Bought by
Mercado Rosario

Purchase Details

Closed on
Jul 14, 1994
Sold by
Mountain Donald C and Mountain Barbara L
Bought by
Mercado Ramiro O and Mercado Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
8.6%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Rosario F Mercado Revocable Trust -- None Listed On Document
Mercado Rosario -- Chicago Title Insurance Comp
Mercado Ramiro O $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercado Ramiro O $237,500
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 $7,884 $42,000 $15,540 $26,460
2023 $7,551 $42,000 $15,540 $26,460
2022 $7,551 $42,000 $15,540 $26,460
2021 $9,046 $41,480 $11,100 $30,380
2020 $9,015 $41,480 $11,100 $30,380
2019 $8,834 $45,583 $11,100 $34,483
2018 $9,202 $45,549 $9,324 $36,225
2017 $8,889 $45,549 $9,324 $36,225
2016 $9,293 $47,035 $9,324 $37,711
2015 $8,957 $38,703 $7,770 $30,933
2014 $8,827 $38,703 $7,770 $30,933
2013 $8,416 $38,703 $7,770 $30,933
Source: Public Records

Map

Illinois Cook County Wilmette 60091

2505 Lake Ave, Wilmette, IL

This home is located at 2505 Lake Ave, Wilmette, IL 60091 and is currently estimated at $745,113, approximately $431 per square foot. 2505 Lake Ave is a home located in Cook County with nearby schools including Romona Elementary School, Highcrest Middle School, and Wilmette Junior High School.

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