NOT LISTED FOR SALE

418 E Illinois Rd Lake Forest, IL 60045

Estimated Value: $1,649,000 - $2,109,000

6 Beds
6 Baths
4,626 Sq Ft
$415/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $1,345,500 $291 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $12,787/month

40 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Wood Flooring
  • Sheridan Elementary School Rated A
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of September 2020

Just steps from Gorton, this in town traditional stucco Howard Van Doren Shaw home has been meticulously updated and maintained to the absolute max. No expense has been spared in returning this beautiful residence to its 1900's glory. High ceilings, oak and yellow pine floors are reminiscent of the quality that went into homes in Lake Forest by architects like Shaw and the builder craftsman who took the time to create masterpieces. With 5 bedrooms an additional sleeping porch and a lower level bedroom suite even the largest family will have their own space. A newly remodeled kitchen with Wolf, Subzero, quartz, and a 900 bottle wine cellar make this home move in ready. The third floor with its full bath could be a wonderful Nanny suite but today is the private office suite for its current residents. The 3/4 acre professionally maintained yard is a family's dream with a tree house, trampoline, fire-pit and with ample space for a pool or sport court you have no need to ever leave home.

Last Agent to Sell the Property

Corky Peterson

Berkshire Hathaway HomeServices Chicago License #475149817 Listed on: 06/30/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Kate Stephens

@properties Christie's International Real Estate License #475145400

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,210

Year Built | Renovated

  • 1909 | 2000

Lot Details

  • Southern Exposure
  • Landscaped Professionally
  • Mature Trees

Parking

  • Detached Garage
  • Heated Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Wood Shingle Roof
  • Stucco Exterior

Interior Spaces

  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room Downstairs
  • Sun or Florida Room
  • Heated Enclosed Porch
  • Utility Room with Study Area
  • Laundry on upper level
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub

Finished Basement

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

Outdoor Features

  • Patio
  • Fire Pit

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,210

Year Built | Renovated

1909 | 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Rehab Year: 2000
  • Square Footage Comments: From as built drawings
  • Total Full or Half Bathrooms: 5.1
  • Style Of House: Traditional
  • Type Detached: 3 Stories
  • Estimated Year Built: 1909
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1909
  • Year Renovated: 2000

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, Hardwood Floors, In-Law Arrangement, 2nd Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 13
  • Living Room: Dimensions: 27X14, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Disposal, Range Hood, Water Purifier, Other
  • Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Power Generator, Multiple Water Heaters
  • Fireplace Details: Wood Burning, Gas Logs
  • Attic: Interior Stair, Unfinished
  • Fireplace Location: Living Room, Master Bedroom
  • Basement: Full
  • Basement: Finished, Egress Window
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 12X9, On Level: Basement, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 22X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 25X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Sun/Florida Room, Enclosed Porch Heated, 5th Bedroom, Study, Family Room - Down, 6th Bedroom
  • Master Bedroom: Dimensions: 25X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Sunroom, Dimensions: 26X10, On Level: Main Level, Flooring: Stone
  • Additional Room 2 Name: Enclosed Porch Heated, Dimensions: 13X7, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 18X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: 5th Bdrm, Dimensions: 12X9, On Level: 3rd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Study, Dimensions: 21X9, On Level: 3rd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 16X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Family Room - Down, Dimensions: 25X12, On Level: Basement, Flooring: Carpet
  • Additional Room 6 Name: 6th Bdrm, Dimensions: 15X12, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 4626
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Stucco
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Porch, Storms/Screens, Fire Pit
  • Exposure: S (South)
  • Acreage: 0.76

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage, Space/s
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 3779

Schools

  • School District: 115
  • Elementary School: Sheridan Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 345 X 136 X 261 X 107
  • Lot Description: Landscaped Professionally, Mature Trees
  • Parcel Identification Number: 12332080150000

Tax Info

  • Taxes: 26413.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Sep 25, 2020
Sold by
Corsiglia J Patrick J and Corsiglia Christina K
Bought by
Stephens Charles B and Stephens Kate
Seller's Agent
Corky Peterson
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Kate Stephens
@properties Christie's International Real Estate
List Price
$1,499,000
Sold Price
$1,345,500
Premium/Discount to List
-$153,500
-10.24%
Current Estimated Value
$1,921,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,884
Avg. Annual Appreciation
7.32%
Original Mortgage
$510,400
Outstanding Balance
$453,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,467,410

Purchase Details

Closed on
Jul 15, 1998
Sold by
Edson Katherine Ortman and Katherine Ortman Edson Living
Bought by
Corsiglia J Patrick and Corsiglia Christina K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.03%

Purchase Details

Closed on
Jan 6, 1998
Sold by
Edson Bennett Montgomery
Bought by
Edson Katherine Ortman
Source: Public Records

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 Buyer Sale Price Title Company
Stephens Charles B $1,345,500 Chicago Title
Corsiglia J Patrick $945,000 Burnet Title Llc
Edson Katherine Ortman -- --
Edson Katherine Ortman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Charles B $510,400
Previous Owner Corsiglia J Patrick $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $1,345,500 -10.2% $291 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $1,499,000 0.0% $324 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $1,499,000 -- $324 / 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 $31,210 $529,891 $204,313 $325,578
2023 $25,896 $465,208 $179,373 $285,835
2022 $25,896 $434,874 $167,677 $267,197
2021 $25,175 $431,123 $166,231 $264,892
2020 $27,028 $475,479 $167,150 $308,329
2019 $25,678 $466,751 $164,082 $302,669
2018 $22,269 $394,009 $220,923 $173,086
2017 $23,969 $465,721 $217,230 $248,491
2016 $22,987 $443,291 $206,768 $236,523
2015 $22,725 $417,412 $194,697 $222,715
2014 $21,709 $397,129 $174,798 $222,331
2012 $21,281 $400,574 $176,314 $224,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10764970

Midwest Real Estate Data (MRED)

APN: 12-33-208-014