NOT LISTED FOR SALE

440 E Illinois Rd Lake Forest, IL 60045

Estimated Value: $1,785,000 - $2,139,299

5 Beds
5 Baths
4,321 Sq Ft
$453/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $1,350,000 $312 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,850/month

Highlights

  • Second Kitchen
  • Heated Floors
  • Wooded Lot
  • Sheridan Elementary School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of March 2020

Wow! No expense was spared on this amazing, complete renovation including large addition in 2012, capturing the essence of new construction and all the amenities today's buyers are looking for. Sought after East Lake Forest location just blocks from town, train, shopping, restaurants, Lake Forest beach and college. Rich hardwood floors, high ceilings, extensive mill-work, custom lighted built-in glass china cabinets, surround sound, 5 bedrooms, 4.1 baths, 4 fireplaces, plantation shutters, elegant custom lighting, generator, underground sprinkler system, front porch, Trex deck, 2 paver brick patios, 1st floor laundry with dumbwaiter, and the list goes on! Cooks will love the designer white kitchen which features high-end appliances, expansive Carrara marble island with 2nd sink and breakfast bar, large walk-in pantry, eating area with built-in banquet and hidden built-in planning desk with locking file drawers. Relax in your serene master suite with gas fireplace, tray ceiling, luxury bathroom including dual head steam shower & separate spa soaking tub, radiant heated floors and large custom walk-in California closet.The open kitchen/great room layout with 3 sets of sliders to the outdoor deck and patios make entertaining easy and fun! Walkout lower level includes a family room, kitchenette, exercise room, mudroom with lockers & radiant heated floor, bedroom & bath. Oversize 2.5 car garage with Bessler stairs for tons of storage. Beautiful extra deep terraced yard is professionally landscaped with perennials and surrounded by trees for privacy. A rare find at an incredible value!

Last Agent to Sell the Property

Catherine Kendall

@properties Christie's International Real Estate License #471002217 Listed on: 11/26/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Patricia Carollo

Jameson Sotheby's International Realty License #475132986

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,260

Year Built | Renovated

  • 1906 | 2012

Lot Details

  • Fenced Yard
  • Wooded Lot

Parking

  • Attached Garage
  • Garage Door Opener
  • Brick Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Block Foundation
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Heatilator
  • Gas Log Fireplace
  • Electric Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room Downstairs
  • Sitting Room
  • Den
  • Home Gym
  • Laundry on main level

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,260

Year Built | Renovated

1906 | 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 4
  • Ownership: Fee Simple
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2012
  • Rehab Year: 2012
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1906
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906
  • Year Renovated: 2012

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, Heated Floors, 1st Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 14
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: Humidifier, CO Detectors, Ceiling Fan
  • Fireplace Details: Electric, Gas Logs, Gas Starter, Heatilator Type System
  • Attic: Unfinished
  • Fireplace Location: Family Room, Master Bedroom, Basement
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 7X9, On Level: Main Level, Flooring: Porcelain Tile
  • Dining Room: Dimensions: 14X19, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: Sitting Room, Foyer, 5th Bedroom, Den, Great Room, Exercise Room, 2nd Kitchen, Family Room - Down
  • Master Bedroom: Dimensions: 14X20, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 1 Name: Sitting, Dimensions: 8X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Foyer, Dimensions: 8X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 3 Name: 5th Bdrm, Dimensions: 10X16, On Level: Walkout Basement, Flooring: Porcelain Tile, Windows: Plantation Shutters
  • Bedroom 3: Dimensions: 13X16, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 4 Name: Den, Dimensions: 11X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 10X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 5 Name: Great Rm, Dimensions: 17X22, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 6 Name: Exercise Rm, Dimensions: 10X10, On Level: Walkout Basement
  • Additional Room 7 Name: 2nd Kitchen, Dimensions: 8X11, On Level: Walkout Basement
  • Additional Room 8 Name: Family Room - Down, Dimensions: 17X24, On Level: Walkout Basement
  • Estimated Sq Ft: 4321
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X24, On Level: Walkout Basement, Flooring: Porcelain Tile

Exterior Features

  • Foundation: Block, Concrete
  • Lot Size: .50-.99 Acre
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Deck, Patio, Porch, Brick Paver Patio

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt, Brick
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

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: 75 X 330 X 71 X 307
  • Lot Description: Fenced Yard, Wooded
  • Parcel Identification Number: 12332110430000

Tax Info

  • Taxes: 24117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Mar 30, 2020
Sold by
Locey Leonard R and Locey Laura A
Bought by
Mangan Michael J and Michael J Mangan Revocable Tru
Seller's Agent
Catherine Kendall
@properties Christie's International Real Estate
Buyer's Agent
Patricia Carollo
Jameson Sotheby's International Realty
List Price
$1,399,000
Sold Price
$1,350,000
Premium/Discount to List
-$49,000
-3.5%
Current Estimated Value
$1,956,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,075
Avg. Annual Appreciation
6.94%
Original Mortgage
$750,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2013
Sold by
Locey Leonard R and Locey Laura A
Bought by
Locey Leonard R and Locey Laura A

Purchase Details

Closed on
Jun 17, 2011
Sold by
Glyman Donald R and Glyman Michelle M
Bought by
Locey Leonard Ray and Locey Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2002
Sold by
Vanbeelen Jennifer and Jennifer Vanbeelen Trust
Bought by
Glyman Donald R and Glyman Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,700
Interest Rate
5.52%

Purchase Details

Closed on
Jul 1, 2002
Sold by
The Northern Trust Company
Bought by
Glyman Donald R and Glyman Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,700
Interest Rate
5.52%

Purchase Details

Closed on
Jul 23, 1997
Sold by
Vanbeelen Jennifer and Vanbeelen Jacob
Bought by
Vanbeelen Jennifer and Jennifer Van Beelen Revocable

Purchase Details

Closed on
Nov 11, 1996
Sold by
Fitzpatrick John D and Fitzpatrick Donna K
Bought by
Vanbeelen Jacob and Vanbeelen Jennifer V H
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
Mangan Michael J $1,350,000 Burnet Title Post Closing
Locey Leonard R -- None Available
Locey Leonard Ray $730,000 Chicago Title Insurance Co
Glyman Donald R -- Chicago Title Insurance Co
Glyman Donald R $785,000 --
Vanbeelen Jennifer -- --
Vanbeelen Jacob -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mangan Michael J $750,000
Previous Owner Locey Leonard Ray $365,000
Previous Owner Glyman Donald R $588,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $1,350,000 -3.5% $312 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $1,399,000 -- $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 $29,260 $538,673 $185,580 $353,093
2023 $26,331 $472,918 $162,927 $309,991
2022 $26,331 $442,082 $152,304 $289,778
2021 $25,598 $438,269 $150,990 $287,279
2020 $25,026 $440,693 $151,825 $288,868
2019 $23,775 $432,603 $149,038 $283,565
2018 $23,718 $460,951 $200,221 $260,730
2017 $23,318 $453,246 $196,874 $256,372
2016 $21,048 $431,416 $187,392 $244,024
2015 $20,727 $406,230 $176,452 $229,778
2014 $17,402 $338,346 $158,418 $179,928
2012 $13,317 $341,281 $159,792 $181,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10501858

Midwest Real Estate Data (MRED)

APN: 12-33-211-043