NOT LISTED FOR SALE

26318 W Central Rd Ingleside, IL 60041

Estimated Value: $821,000 - $1,070,000

9 Beds
5 Baths
4,364 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $630,000 $144 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,810/month

126 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Steam Shower
  • Garage ceiling height seven feet or more
  • Whirlpool Bathtub
  • Detached Garage

About This Home

As of January 2022

OWN A PIECE OF CHAIN O'LAKES HISTORY WITH THIS 4400 SQ FT, 9 BEDROOM, 4-1/2 BATHROOM LAKEFRONT HOME ON FOX LAKE OFFERING BREATHTAKING LAKE AND SUNSET VIEWS. THIS CIRCA 1900 HOTEL WAS TRANSFORMED INTO A BED & BREAKFAST AND IS NOW USED AS A SINGLE-FAMILY HOME AND OFFERS 100 FEET OF LAKE FRONTAGE ON OVER HALF AND ACRE. RELAX ON THE FRONT PORCH OVERLOOKING THE LAKE, KEEP YOUR BOAT AND OTHER WATER TOYS AT YOUR PIER AND SWIM AT YOUR PRIVATE SAND BEACH. THE MAIN FLOOR OFFERS A HUGE LIVING ROOM WITH VINTAGE DECORATIVE FIREPLACE, STAIRCASE AND SLIDING GLASS DOOR THAT OPENS TO THE COVERED PORCH FACING THE LAKE, SPACIOUS DINING ROOM WITH FIREPLACE AND LAKE VIEWS, KITCHEN WITH EATING AREA AND BAY WINDOW, HALF BATH AND OFFICE, AS WELL AS A MUD ROOM, LAUNDRY ROOM WITH WASHER & DRYER, UTILITY AREA AND SECONDARY STAIRCASE. THE SECOND LEVEL OFFERS TWO MASTER BEDROOMS FACING THE LAKE EACH WITH A FULL BATHROOM, FIREPLACE AND GORGEOUS LAKE VIEWS. THE THIRD & FOURTH SECOND LEVEL BEDROOMS SHARE A HALL BATH WITH A JETTED TUB AND FURTHER DOWN THE HALLWAY ARE THREE MORE BEDROOMS AND A FULL BATH WITH STEAM SHOWER. WHILE THIS HOME WAS USED AS A BED & BREAKFAST THESE THREE BACK BEDROOMS WERE USED AS A SEPARATE LIVING AREA FOR THE PROPERTY OWNERS OFFERING A LIVING ROOM WITH STAIRS TO THE ATTIC & ACCESS TO THE SIDE BALCONY WITH LAKE VIEW, KITCHEN, BEDROOM, FULL BATH AND SECONDARY STAIRCASE DOWN TO MAIN KITCHEN... THIS SPACE COULD EASILY BE CONVERTED BACK TO A SEPARATE LIVING AREA IF DESIRED. THE THIRD LEVEL ALSO HAS TWO BEDROOMS TOWARD THE LAKE AND PLENTY OF UNFINISHED ATTIC SPACE TO EXPAND OR USE AS IT IS FOR PLAY SPACE OR STORAGE. ONE BEDROOM COACH HOUSE WITH LIVING ROOM, KITCHEN AND FULL BATH HAS A SEPARATE FENCED AREA AND IS ATTACHED TO THE "BOAT HOUSE" OR 6 CAR GARAGE WITH WORK BENCHES. PAVED DRIVEWAY PROVIDES PARKING FOR 16 OR MORE. FENCED YARD WITH GATED DRIVEWAY. RECENT IMPROVEMENTS ARE LIVING ROOM CEILING AND FLOORING IN LIVING AND DINING ROOMS. NEWER WINDOWS ON MAIN LEVEL. NEWER STEEL SEAWALL, STONE SEAWALL AROUND SAND BEACH AREA, CONCRETE WALKWAY AND PATIOS. NEWER ARCHITECTURAL SHINGLE ROOF ON HOUSE, COACH HOUSE AND GARAGE. THIS FABULOUS VINTAGE PROPERTY OFFERS MANY POSSIBILITIES... ENJOY THIS HOME AS IS, FIX UP A LITTLE OR REHAB AND BRING HER BACK TO HER GLORY DAYS. NO SEPTIC WORRIES HERE, THIS HOME IS ON PUBLIC SEWER.

Last Agent to Sell the Property

Jeffrey Karnes

All Waterfront Real Estate Plus License #475140419 Listed on: 07/10/2021

Last Buyer's Agent

Michael Giliano

Compass License #475135259

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • 0.55

HOA Fees

  • $21 per month

Parking

  • Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,364 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Unfinished Attic

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub
  • Steam Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0

HOA Fees

$21 per month

Parking

6

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 3 Stories
  • Property Sub Type: 3 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Traditional
  • Directions: Rt 59 to Stanton Pt Rd N, Right on W Hickory Lane, Left on N Stanton Point Rd to Central, Left to home
  • Lot Size: 100X246X100X241
  • Master Model: LAKEFRONT
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Hoerbers
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Built-In Oven, Range Hood, Water Softener Owned
  • Has Basement: None
  • Fireplace Features: Wood Burning, Electric, Gas Log
  • Estimated Total Finished Sq Ft: 4364
  • Basement Description: Crawl
  • Bathroom Amenities: Whirlpool,Steam Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Master Bedroom,Bedroom,Dining Room
  • Total Sq Ft: 4364
  • Attic: Unfinished
  • Door Features: Sliding Doors,Storm Door(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 9
  • Total Bedrooms: 9
  • Fireplaces: 4
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, Ceiling - 9 Foot
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust
  • Dining Room Type: Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 9, Office, Mud Room, Storage, Deck

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Patio, Boat Slip, Storms/Screens
  • Exterior Building Type: Vinyl Siding
  • Lot Features: Beach, Chain of Lakes Frontage, Fenced Yard, Lake Front, Water Rights, Water View
  • Other Structures: Guest House
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street, Driveway
  • Number of Cars: 22
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A
  • Garage Spaces: 6
  • Total Parking Spaces: 16

Utilities

  • Cooling: Central Air, Window/Wall Units - 2
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Sewer: Public Sewer
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: SELF
  • Management Phone: 000-000-0000X0000
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Dock, Water Rights, Street Paved

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: 124
  • Middle Or Junior School: Gavin South Junior High School

Lot Info

  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 14299.36
  • Tax Year: 2020

MLS Schools

  • Other Public Sch Dist: 532
  • Othr Public Sch: College of Lake County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Dec 20, 2021
Sold by
Mary E Rossi Trust
Bought by
Russell P Smith Revocable Trust
Seller's Agent
Jeffrey Karnes
All Waterfront Real Estate Plus
Buyer's Agent
Michael Giliano
Compass
List Price
$725,000
Sold Price
$630,000
Premium/Discount to List
-$95,000
-13.1%
Current Estimated Value
$886,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,231
Avg. Annual Appreciation
8.93%
Original Mortgage
$441,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2011
Sold by
Declaration Armstrong Teresa M and Declaration Teresa M Armstrong
Bought by
Mary E Rossi Trust

Purchase Details

Closed on
Apr 16, 2004
Sold by
Armstrong Teresa M
Bought by
Declaration Armstrong Teresa M and Declaration Teresa M Armstrong

Purchase Details

Closed on
Sep 28, 2001
Sold by
Tobolik Joseph O and Tobolik Lucinda F
Bought by
Armstrong Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.92%

Purchase Details

Closed on
Sep 5, 1996
Sold by
Tobolik Joseph O and Tobolik Lucinda F
Bought by
Tobolik Joseph O and Tobolik Lucinda F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Russell P Smith Revocable Trust $630,000 New Title Company Name
Mary E Rossi Trust $514,000 Multiple
Declaration Armstrong Teresa M -- --
Armstrong Teresa M $460,000 First American Title
Tobolik Joseph O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell P Smith Revocable Trust $441,000
Previous Owner Armstrong Teresa M $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2022 01/04/22 Sold $630,000 -13.1% $144 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $725,000 -- $166 / 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 $13,767 $225,948 $50,798 $175,150
2023 $14,536 $185,356 $47,855 $137,501
2022 $14,536 $189,040 $48,309 $140,731
2021 $14,024 $178,188 $45,536 $132,652
2020 $14,299 $177,836 $44,885 $132,951
2019 $13,823 $170,537 $43,043 $127,494
2018 $14,401 $176,574 $67,516 $109,058
2017 $14,104 $163,207 $62,405 $100,802
2016 $17,217 $171,644 $57,074 $114,570
2015 $18,016 $160,176 $53,261 $106,915
2014 $14,794 $147,974 $61,507 $86,467
2012 $15,942 $143,022 $48,589 $94,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11151924

Midwest Real Estate Data (MRED)

APN: 05-11-203-016