$550,000
SOLD JAN 17, 2025

369 E Illinois Rd Lake Forest, IL 60045

2 Beds
2 Baths
864 Sq Ft
9,518 Sq Ft Lot

Recently Sold

$637 Per Sq Ft

5% Below List Price

117 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Living Room
  • 1-Story Property
  • Sheridan Elementary School Rated A
  • Laundry Room
  • 3-minute walk to Triangle Park

About This Home

As of January 2025

Charming East Lake Forest in-town ranch, one block to the train station, with exceptional curb appeal! Vintage charm yet completely updated for today's lifestyle. Beautifully updated Kitchen with SS appliances. The Breakfast Bar opens up to the cozy Living Room with gas fireplace. Master Bedroom with updated bath. Stunning finished basement with large Recreation Room and beautiful second bath with stone walk-in shower and laundry room. Private beautifully landscaped fenced-in yard has a Blue Stone patio with custom gas fire pit. Detached 2.5 car garage with large pull-down attic storage above. Recent improvements include newer Furnace, AC and Appliances. Previously approved for additional square footage- expand or build new! The lot can accommodate up to 2660 square feet per the City of Lake Forest. Would also make a great condo alternative! Top rated schools, walking distance to Market Square which boasts amazing Restaurants, Shops, and the Lake Forest Train Station. Highly sought after East Side in-town location walking distance to Lake Forest Beach. North Shore in-town living at its finest!

Last Agent to Sell the Property

Christine Hall

@properties Christie's International Real Estate License #475168071 Listed on: 08/15/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Heather Fowler

@properties Christie's International Real Estate License #475174043

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,349

Year Built

  • Built in 1933

Lot Details

  • 9,518 Sq Ft Lot
  • Lot Dimensions are 183x60

Parking

  • 2.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,349

Year Built

Built in 1933

Lot Details

0

Parking

2

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: 1933
  • Age: 91-100 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 864
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 579000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.2185
  • Lot Dimensions: 183X60
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 7349
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Jan 3, 2025
Sold by
Smith Gregory J and Smith Janet L
Bought by
Myers Vu
Seller's Agent
Christine Hall
@properties Christie's International Real Estate
Buyer's Agent
Heather Fowler
@properties Christie's International Real Estate
List Price
$579,000
Sold Price
$550,000
Premium/Discount to List
-$29,000
-5.01%
Views
165
Current Estimated Value
$561,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,247
Avg. Annual Appreciation
3.97%
Original Mortgage
$357,750
Outstanding Balance
$357,452
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$203,795

Purchase Details

Listed on
Apr 6, 2022
Closed on
May 19, 2022
Sold by
Knowles Jill M
Bought by
Smith Gregory J and Smith Janet L
Seller's Agent
Christine Hall
@properties Christie's International Real Estate
Buyer's Agent
Anshoom Jain
Redfin Corporation
List Price
$595,000
Sold Price
$520,000
Premium/Discount to List
-$75,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Towne Timothy J
Bought by
Knowles Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.91%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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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 $550,000 Proper Title
Warranty Deed $520,000 Proper Title
Warranty Deed $240,000 Stewart Title Company
Warranty Deed $190,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $357,750 New Conventional
Previous Owner $300,000 Commercial
Previous Owner $350,000 Credit Line Revolving
Previous Owner $133,275 Credit Line Revolving
Previous Owner $202,650 Unknown
Previous Owner $40,000 Credit Line Revolving
Previous Owner $217,500 Unknown
Previous Owner $168,000 Stand Alone First
Closed $48,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $550,000 -5.0% $637 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $579,000 0.0% $670 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $579,000 0.0% $670 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $579,000 +11.3% $670 / Sq Ft
05/24/2022 05/24/22 Sold $520,000 -5.3% $602 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
04/18/2022 04/18/22 Price Changed $549,000 -7.7% $635 / Sq Ft
04/06/2022 04/06/22 For Sale $595,000 0.0% $689 / Sq Ft
01/07/2021 01/07/21 Under Contract -- -- --
01/01/2021 01/01/21 Rented $3,000 -7.7% --
09/15/2020 09/15/20 Price Changed $3,250 -11.0% $4 / Sq Ft
08/27/2020 08/27/20 For Rent $3,650 -- --
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 $7,349 $127,694 $79,720 $47,974
2023 $6,232 $117,712 $73,488 $44,224
2022 $6,232 $104,142 $65,016 $39,126
2021 $6,059 $103,244 $64,455 $38,789
2020 $5,923 $103,815 $64,811 $39,004
2019 $5,627 $100,991 $63,621 $37,370
2018 $6,043 $115,911 $84,994 $30,917
2017 $5,942 $113,973 $83,573 $30,400
2016 $6,781 $135,000 $106,064 $28,936
2015 $6,690 $127,119 $99,872 $27,247
2014 $6,195 $117,568 $89,665 $27,903
2012 $6,085 $118,588 $90,443 $28,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12138714

Midwest Real Estate Data (MRED)

APN: 12-33-125-002