NOT LISTED FOR SALE

Estimated Value: $2,423,000 - $7,633,000

4 Beds
4.5 Baths
5,000 Sq Ft
$1,080/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2023

Last sale price $5,750,000 $1,150 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $36,574 / mo

5 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Landscaped Professionally
  • Cherokee Elementary School Rated A
  • 2.2 Acre Lot
  • Recreation Room

About This Home

As of January 2023

Once in a lifetime opportunity to experience lakefront living in this spectacular, fully renovated home situated on 2.2 acres with 265 feet of Lake Michigan frontage! Perfectly sited on the property to offer total privacy and to capture panoramic views of the lake from nearly every window, this home offers a versatile floor plan and exquisite finishes. Originally built by the notable John Black Lee on the grounds of the former Cyrus J. McCormick estate, and completely renovated, redesigned and expanded 10 years ago by the current owners, this home boasts a gorgeous family room with beautiful built-ins, center fireplace, and walls of floor-to-ceiling sliding glass doors overlooking the lake and the stone patios perched over the water. The adjacent kitchen offers crisp white cabinets, high-end appliances, large center island and a spacious breakfast room connecting to a fantastic screened porch with infrared built-in heathers and retractable screens and more gorgeous views. There is a generous dining room perfect for large holiday dinners. The spacious primary suite offers a cozy fireplace and massive windows with lake vistas. A luxury bath with a double vanity, glass shower and soaking tub, plus a large walk-in closet and four wall closet complete the suite. Three additional family size en-suite bedrooms all offer unique features and striking views. Other highlights include a 3-car garage, beautiful gardens, new driveway, updated mechanicals and electrical, new roof, deep excavated basement and a fully restored bluff. Outstanding one level living in an extraordinary location!

Last Agent to Sell the Property

Elizabeth Wieneke

Compass License #475127499 Listed on: 09/13/2022

Compass

Last Buyer's Agent

Karina Kolb-Formento

@properties Christie's International Real Estate License #475135829

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,718

Year Built

  • Built in 1960 | Remodeled in 2012

Lot Details

  • 2.2 Acre Lot
  • Lake Front
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Screened Porch
  • Gallery
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Double Oven
  • Cooktop with Range Hood
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,718

Year Built

Built in 1960 | Remodeled in 2012

Lot Details

2.2 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • Rebuilt Year: 2012
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Appliances: Double Oven, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Cooktop, Range Hood
  • Basement: Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplaces: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 5000
  • Room Type: Breakfast Room, Recreation Room, Gallery, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Beach, Lake Front, Landscaped, Water View, Wooded
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Gravel,Circular
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 2.2
  • Lot Dimensions: 97626
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 60718
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Jan 3, 2023
Sold by
Bought by
Seller's Agent
Elizabeth Wieneke
Compass
Buyer's Agent
Karina Kolb-Formento
@properties Christie's International Real Estate
List Price
$5,995,000
Sold Price
$5,750,000
Premium/Discount to List
-$245,000
-4.09%
Views
118
Current Estimated Value
$5,399,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$350,935
Avg. Annual Appreciation
-1.76%

Purchase Details

Closed on
Nov 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
0.0325%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 16, 2007
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,750,000 --
$2,100,000 Fidelity Natl Title Ins Co
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2023 01/10/23 Sold $5,750,000 -4.1% $1,150 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $5,995,000 -- $1,199 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $85,866 $1,521,558 $1,159,724 $361,834
2024 $81,056 $1,434,485 $1,093,357 $341,128
2023 $63,993 $1,293,028 $985,539 $307,489
2022 $63,993 $1,063,447 $901,925 $161,522
2021 $60,718 $1,027,981 $871,846 $156,135
2020 $70,859 $1,233,988 $1,046,563 $187,425
2019 $67,140 $1,228,215 $1,041,667 $186,548
2018 $46,190 $893,615 $659,886 $233,729
2017 $45,165 $888,462 $656,081 $232,381
2016 $42,744 $845,832 $624,601 $221,231
2015 $40,948 $773,298 $580,322 $192,976
2014 $47,055 $880,942 $684,762 $196,180
2012 $36,054 $886,081 $688,757 $197,324
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11627867

Midwest Real Estate Data (MRED)

APN: 16-03-201-020

Your Personal Tour Guide

Ask me questions while you tour the home.