40 N Sheridan Rd Lake Forest, IL 60045
4
Beds
3.5
Baths
3,588
Sq Ft
0.5
Acres
Highlights
- Heated Floors
- Landscaped Professionally
- Wooded Lot
- Sheridan Elementary School Rated A
- Living Room with Fireplace
- Georgian Architecture
About This Home
As of November 2023The genius of architect Stanley D. Anderson is apparent from the moment one enters this incredible home. Perhaps more than any other architect, Anderson is credited with creating and shaping the built environment of Lake Forest. 40 N. Sheridan Road was constructed in 1938 and is an excellent example of his work. The finished product is light and airy with sunlight streaming throughout the home. The placement of beautiful, divided light windows enhance the incredible ambience and comfort of this handsome residence. Perfectly proportioned rooms, detailed millwork and symmetric sight-lines combine to create a space that is both gracious and welcoming. The incredible kitchen features a top of the line appliance package including Sub-Zero refrigeration drawers, Wolf oven, Miele steam oven and coffee/beverage center. The elegant, primary suite includes two walk-in closets, a luxurious marble bath with both soaking tub and walk-in, spray shower. All of the bathrooms include flooring with radiant heat. Set back from Sheridan Road and sited perfectly on a half-acre lot, the outdoor living space is as beautiful as the interior. The well manicured rear lawn has privacy seldom found on a 1/2 acre lot. An abundance and variety of interesting and intentionally placed species of flowering shrubs, trees and flowers combine to create an outdoor environment that is ideal. The beautiful screened porch is equipped with a two-sided, gas fireplace. A total renovation of the home was orchestrated in 2009 by local architect Scott Streightiff that preserved the historic elements and introduced modern functionality and convenience. Relax and enjoy life in this East Lake Forest treasure!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,090
Year Built
- Built in 1938 | Remodeled in 2009
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 100x216x97x223.85
- Landscaped Professionally
- Paved or Partially Paved Lot
- Sprinkler System
- Wooded Lot
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Driveway
- Parking Space is Owned
Home Design
- Georgian Architecture
- Shake Roof
Interior Spaces
- 3,588 Sq Ft Home
- 2-Story Property
- Wet Bar
- Gas Log Fireplace
- Entrance Foyer
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Library
- Screened Porch
- Home Gym
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Dual Sinks
- Soaking Tub
- Shower Body Spray
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Partially Finished Basement
- Partial Basement
- Sump Pump
Home Security
- Home Security System
- Storm Screens
Outdoor Features
- Patio
- Fire Pit
Schools
- Sheridan Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- East Lake Forest Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2025
Sold by
Davidson Arthur J and Davidson Amy M
Bought by
Arthur J Davidson Iv Trust and Amy M Davidson Trust
Current Estimated Value
Purchase Details
Closed on
Jul 24, 2024
Sold by
Davidson Arthur J and Davidson Amy M
Bought by
Casamigos 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 24, 2024
Sold by
Casamigos 2 Llc
Bought by
Davidson Arthur J and Davidson Amy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Mar 2, 2015
Closed on
May 19, 2015
Sold by
Hitchcock Larry R and Hitchcock Elizabeth A
Bought by
Seaman Maureen
Seller's Agent
Elizabeth Jakaitis
Jameson Sotheby's International Realty
Buyer's Agent
Elizabeth Jakaitis
Jameson Sotheby's International Realty
List Price
$1,895,000
Sold Price
$1,785,000
Premium/Discount to List
-$110,000
-5.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.12%
Original Mortgage
$1,500,000
Interest Rate
3.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 19, 2007
Sold by
Primacy Closing Corp
Bought by
Hitchcock Larry R and Hitchcock Elizabeth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,152,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 5, 2007
Sold by
Wright Michael R and Michael R Wright Trust
Bought by
Primacy Closing Corp
Purchase Details
Closed on
May 25, 2006
Sold by
Wright Michael R and Wright Catharine R
Bought by
Wright Michael R and Michael R Wright Trust
Purchase Details
Closed on
May 8, 2003
Sold by
Grant Andrew M and Grant Martha B
Bought by
Wright Michael R and Wright Catharine R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Lake Forest, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $1,785,000 | Fidelity National Title | |
| Warranty Deed | $1,440,000 | 1St American Title | |
| Deed | $1,627,000 | 1St American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $1,525,000 | St |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,000,000 | Credit Line Revolving | |
| Previous Owner | $1,500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $1,640,000 | New Conventional | |
| Previous Owner | $1,685,250 | Unknown | |
| Previous Owner | $1,152,000 | Purchase Money Mortgage | |
| Previous Owner | $800,000 | Unknown | |
| Previous Owner | $800,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $2,132,500 | -7.1% | $594 / Sq Ft |
| 08/25/2023 08/25/23 | Pending | -- | -- | -- |
| 06/12/2023 06/12/23 | For Sale | $2,295,000 | +28.6% | $640 / Sq Ft |
| 05/19/2015 05/19/15 | Sold | $1,785,000 | -5.8% | $536 / Sq Ft |
| 03/09/2015 03/09/15 | Pending | -- | -- | -- |
| 03/02/2015 03/02/15 | For Sale | $1,895,000 | -- | $569 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $23,416 | $432,905 | $172,842 | $260,063 |
| 2023 | $23,416 | $380,062 | $151,744 | $228,318 |
| 2022 | $21,090 | $355,281 | $141,850 | $213,431 |
| 2021 | $20,502 | $352,217 | $140,627 | $211,590 |
| 2020 | $20,044 | $354,165 | $141,405 | $212,760 |
| 2019 | $30,493 | $553,163 | $138,809 | $414,354 |
| 2018 | $27,366 | $530,923 | $185,747 | $345,176 |
| 2017 | $26,905 | $522,048 | $182,642 | $339,406 |
| 2016 | $25,805 | $496,904 | $173,845 | $323,059 |
| 2015 | $25,514 | $467,895 | $163,696 | $304,199 |
| 2014 | $24,970 | $455,873 | $154,581 | $301,292 |
| 2012 | -- | $459,828 | $155,922 | $303,906 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Andersen
Seller's Agent in 2023
Brad Andersen
Compass
(847) 650-3456
29 Total Sales
-
Brady Andersen
Seller Co-Listing Agent in 2023
Brady Andersen
Compass
(847) 732-9790
61 Total Sales
-
Amy Davidson
Buyer's Agent in 2023
Amy Davidson
Jameson Sotheby's International Realty
(847) 997-0634
7 Total Sales
-
Elizabeth Jakaitis
Seller's Agent in 2015
Elizabeth Jakaitis
Jameson Sotheby's International Realty
(847) 840-7842
36 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11804390
APN: 12-34-307-003
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