$1,187,500
SOLD AUG 22, 2024

315 Stable Ln Lake Forest, IL 60045

2.26 Acres
$525,442 Price per Acre
98,446 Sq Ft Lot

Recently Sold

21% Below List Price

55 Days on Market

About This Lot

As of August 2024

CUSTOM HOME OPPORTUNITY !! Enjoy privacy and tranquility on this expansive property. Located on a private cul-de-sac with only one existing home. 2.26 acres ready to build. All utility connections already next to the site. No large trees or structures to remove. Opportunity to build over 8000+ square feet. Truly a special opportunity to build the home of your dreams!!

Last Agent to Sell the Property

Ornit Mandell

Ornit Mandell License #471018674 Listed on: 06/13/2024

Last Buyer's Agent

Christine Wilczek & Jason Bacza

Realty Executives Elite License #471013023

Realty Executives Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,351

Lot Details

  • 2.26 Acre Lot
  • Lot Dimensions are 136x254
  • Property fronts a private road
  • Additional Parcels
  • Property is zoned SINGL

Outdoor Features

  • Electricity Available at Street

Schools

  • Cherokee Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

  • Gas Available at Street
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$16,351

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple w/ HO Assn.
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Length: 136
  • Frontage Type: Private Road
  • List Price: 1295000
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Water-Municipal, Cable Available

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Additional Parcels Description: 16051060020000,16051030150000
  • Additional Parcels: Yes
  • Lot Size Acres: 2.26
  • Lot Dimensions: 136X254
  • Zoning: SINGL
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 98620

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 16351.46
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 22, 2024
Sold by
Kimberly Innocenzi Girardi Revocable Tru and Girardi Kimberly Innocenzi
Bought by
Crane John C and Crane Ann T
Seller's Agent
Ornit Mandell
Ornit Mandell
Buyer's Agent
Christine Wilczek & Jason Bacza
Realty Executives Elite
List Price
$1,495,000
Sold Price
$1,187,500
Premium/Discount to List
-$307,500
-20.57%
Total Days on Market
55
Views
25
Current Estimated Value
$1,176,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,000
Avg. Annual Appreciation
-1.19%
Original Mortgage
$600,000
Outstanding Balance
$596,344
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$580,156
Source: Public Records

Similar Property in Lake Forest, IL

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    • Land
    • 1.82 Acres
    • $766,484 per Acre
    • 262 E Foster Place
    • Lake Forest, IL

    This exceptional 1.82-acre parcel offers an unparalleled opportunity to build your dream home in coveted East Lake Forest. Located on a picturesque street surrounded by impressive estates, this lot is the perfect setting for new construction. Currently, a 4-bedroom, 2.1-bathroom split-level home sits on the property, but the real value lies in the land itself. Fabulous location -- a convenient

    Lisa Trace @properties Christie's International Real Estate

    Section Image

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 Type Sale Price Title Company
Warranty Deed $1,187,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $1,187,500 -8.3% --
06/21/2024 06/21/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $1,295,000 -13.4% --
04/26/2024 04/26/24 For Sale $1,495,000 -- --
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 $16,171 $269,037 $269,037 --
2023 $16,343 $258,193 $258,193 --
2022 $16,343 $271,933 $271,933 $0
2021 $15,460 $262,180 $262,180 $0
2020 $15,059 $262,732 $262,732 $0
2019 $14,577 $262,286 $262,286 $0
2018 $14,691 $278,352 $278,352 $0
2017 $14,433 $277,464 $277,464 $0
2016 $14,001 $266,972 $266,972 $0
2015 $13,773 $250,843 $250,843 $0
2014 $13,707 $252,638 $252,638 $0
2012 $13,228 $250,409 $250,409 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12040566

Midwest Real Estate Data (MRED)

APN: 16-05-103-013