NOT LISTED FOR SALE

425 E Illinois Rd Lake Forest, IL 60045

Estimated Value: $2,173,000 - $2,595,725

5 Beds
5.5 Baths
5,600 Sq Ft
$429/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $2,315,000 $413 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $15,613/month

183 Days on Market

Highlights

  • Rooftop Deck
  • Heated Floors
  • Landscaped Professionally
  • Sheridan Elementary School Rated A
  • 1.22 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of October 2014

Owner financing available! Rare East side, 1 acre parcel. Walk to Town! Home meticulously renovated w the finest materials & finishes, while maintaining the original historic integrity. Balances state of art efficiency w classic aesthetic. Enjoy moldings, hrdwd flrs, beamed ceilings, sun room, breakfast room. Gourmet kitchen, lux master suite, 2 fireplaces, lrge deck w fireplace,yoga studio, 5car temp cont. garage.

Last Agent to Sell the Property

Flor Hasselbring

Compass License #475141335 Listed on: 03/03/2014

Compass

Co-Listed By

Brad Andersen

Compass License #471005011

Last Buyer's Agent

Stephanie Klein

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,186

Year Built

  • Built in 1903

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 92 x 602 x 90 x 572
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 5 Car Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Shake Roof
  • Stucco

Interior Spaces

  • 5,600 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Gallery
  • Home Gym

Kitchen

  • Double Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Soaking Tub
  • Separate Shower

Finished Basement

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

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Air Purifier
  • Enhanced Air Filtration

Outdoor Features

  • Rooftop Deck
  • Terrace

Schools

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

Utilities

  • SpacePak Central Air
  • Humidifier
  • Radiator
  • Heating System Uses Natural Gas
  • Power Generator
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,186

Year Built

Built in 1903

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Historical District
  • Rehab (Y/N): Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Bar-Wet, Hardwood Floors, Heated Floors
  • LivingArea: 5600
  • Other Equipment: Humidifier, Security System, CO Detectors, Sump Pump, Air Purifier, Backup Sump Pump;, Generator
  • Room Type: Bonus Room, Bedroom 5, Breakfast Room, Exercise Room, Gallery, Mud Room, Office, Recreation Room, Sun Room, Terrace
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Master Bedroom

Exterior Features

  • ExteriorFeatures: Roof Deck
  • Foundation Details: Stone
  • List Price: 2660000
  • Lot Features: Landscaped
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: Unassigned, Driveway
  • ParkingTotal: 1
  • Number of Cars: 6
  • Driveway: Asphalt,Heated
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee: No

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

  • Additional Parcels: No
  • Lot Size Acres: 1.22
  • Lot Dimensions: 92 X 602 X 90 X 572
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Green Features

  • GreenEnergyEfficient: Enhanced Air Filtration

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 28185.76
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
Oct 28, 2014
Sold by
Nagel Matthew M and Nagel Janet K
Bought by
Chicago Title Land Trust Company and Trust #8002365440
Seller's Agent
Flor Hasselbring
Compass
Buyer's Agent
Stephanie Klein
@properties
List Price
$2,975,000
Sold Price
$2,315,000
Premium/Discount to List
-$660,000
-22.18%
Current Estimated Value
$2,400,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,242
Avg. Annual Appreciation
0.33%
Original Mortgage
$1,852,000
Outstanding Balance
$1,378,399
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,021,843

Purchase Details

Closed on
Nov 23, 2004
Sold by
Quaid Maureen G
Bought by
Nagel Matthew M and Nagel Janet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,225,000
Interest Rate
5.77%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 29, 2001
Sold by
Quaid Michael R and Quaid Maureen G
Bought by
Quaid Maureen G

Purchase Details

Closed on
Mar 2, 1998
Sold by
Clark Deborah A and Deborah A Clark Trust
Bought by
Quaid Michael R and Quaid Maureen G

Purchase Details

Closed on
Jan 12, 1997
Sold by
Clark Wesley M and Clark Deborah A
Bought by
Clark Deborah A

Purchase Details

Closed on
Jul 10, 1995
Sold by
Shields Geoffrey B and Shields Eugenie B
Bought by
Clark Wesley M and Clark Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
6.5%
Source: Public Records

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 Buyer Sale Price Title Company
Chicago Title Land Trust Company $2,315,000 Chicago Title Land Trust Co
Nagel Matthew M $2,225,000 St
Quaid Maureen G -- --
Quaid Michael R $1,030,000 Premier Title Company
Clark Deborah A -- --
Clark Wesley M $870,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Company $1,852,000
Previous Owner Nagel Matthew M $2,225,000
Previous Owner Clark Wesley M $695,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $2,315,000 -13.0% $413 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
03/31/2014 03/31/14 Price Changed $2,660,000 -10.6% $475 / Sq Ft
03/03/2014 03/03/14 For Sale $2,975,000 -- $531 / 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 $34,039 $595,401 $248,686 $346,715
2023 $31,520 $548,858 $229,246 $319,612
2022 $31,520 $528,014 $220,540 $307,474
2021 $29,957 $523,460 $218,638 $304,822
2020 $27,068 $526,355 $219,847 $306,508
2019 $27,068 $516,693 $215,811 $300,882
2018 $18,708 $683,031 $287,771 $395,260
2017 $33,400 $671,614 $282,961 $388,653
2016 $31,974 $639,267 $269,333 $369,934
2015 $30,016 $549,392 $253,609 $295,783
2014 $28,186 $513,825 $227,689 $286,136
2012 $27,624 $518,282 $229,664 $288,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08548604

Midwest Real Estate Data (MRED)

APN: 12-33-210-008