NOT LISTED FOR SALE

490 Cherry St Winnetka, IL 60093

Winnetka Area

Estimated Value: $6,003,450 - $7,157,000

0.48 Acre
$13,402,396 Price per Acre
20,909 Sq Ft Lot

Sale Details

Date Sold: May 28, 2021

Last sale price $1,400,000 $272 Per Sq Ft

Est. 360% increase in value since last sale

Current estimated payment $36,682 / mo

About This Lot

As of May 2021

Sold before processing

Last Agent to Sell the Property

John Phillips

Compass License #475097183 Listed on: 02/12/2021

Compass

Last Buyer's Agent

Steven Aisen

@properties Christie's International Real Estate License #475141421

@properties Christie's International Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $45,067

Lot Details

  • 20,909 Sq Ft Lot
  • Lot Dimensions are 133x186x97x155
  • Property is zoned SINGL

Schools

  • Greeley Elementary School
  • Carleton W Washburne Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Mechanical Septic System

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$45,067

Lot Details

0.48 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Septic-Mechanical

Schools

  • Elementary School: Greeley Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Carleton W Washburne School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.48
  • Lot Dimensions: 133X186X97X155
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 45067
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Other

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
490 Cherry Llc
Bought by
Current Estimated Value
$6,433,150

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 28, 2021
Sold by
Schneider Richard P and Seligman Ilana
Bought by
490 Cherry Llc
Seller's Agent
John Phillips
Compass
Buyer's Agent
Steven Aisen
@properties Christie's International Real Estate
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.56%
Original Mortgage
$980,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 1996
Sold by
Schneider Richard P and Seligman Ilana
Bought by
Schneider Richard P and Seligman Ilana

Purchase Details

Closed on
Sep 12, 1994
Sold by
Hudson Beach Bruce and Hudson Beach Dawn
Bought by
Schneider Richard P and Seligman Ilana
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Winnetka, IL

  • Jan Hazlett Real Estate Agent - @properties Christie's International Real Estate

    Jan Hazlett

    @properties Christie's International Real Estate

    (224) 507-7654

    97 Total Sales

    2 in Winnetka

    $1.5M - $1.8M Price Range

    Jan Hazlett
     Section Image
  • Catherine Rosenberg Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Catherine Rosenberg

    Responds Quickly

    Berkshire Hathaway HomeServices Chicago

    (312) 883-8931

    51 Total Sales

    1 in Winnetka

    $2,300,000 Price

    Catherine Rosenberg
     Section Image
  • Christopher Engelmann Real Estate Agent - Keller Williams ONEChicago

    Christopher Engelmann

    Keller Williams ONEChicago

    (855) 908-6042

    167 Total Sales

    1 in Winnetka

    $893,000 Price

    Christopher Engelmann
     Section Image
  • Michael Wade Real Estate Agent - Jameson Sotheby's Intl Realty

    Michael Wade

    Jameson Sotheby's Intl Realty

    (844) 653-0089

    48 Total Sales

    1 in Winnetka

    $1,850,000 Price

    Michael Wade
     Section Image
  • Alicja Skibicki Real Estate Agent - Baird & Warner

    Alicja Skibicki

    Responds Quickly

    Baird & Warner

    (224) 808-4960

    50 Total Sales

    1 in Winnetka

    $1,785,000 Price

    Alicja Skibicki
     Section Image
  • Michael Maier Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Michael Maier

    Berkshire Hathaway HomeServices Chicago

    (844) 909-1712

    258 Total Sales

    1 in Winnetka

    $750,000 Price

    Michael Maier
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,600,000 None Listed On Document
490 Cherry Llc $1,400,000 Chicago Title
Schneider Richard P -- --
Schneider Richard P $1,305,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $980,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $1,400,000 -6.7% $272 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,500,000 -- $292 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $16,283 $444,000 $57,467 $386,533
2024 $16,283 $431,000 $70,237 $360,763
2023 $15,330 $70,237 $70,237
2022 $15,330 $70,237 $70,237 $0
2021 $46,098 $180,956 $47,889 $133,067
2020 $45,422 $180,956 $47,889 $133,067
2019 $45,067 $196,692 $47,889 $148,803
2018 $40,544 $172,470 $41,503 $130,967
2017 $39,307 $172,470 $41,503 $130,967
2016 $37,631 $172,470 $41,503 $130,967
2015 $39,715 $164,042 $34,586 $129,456
2014 $38,875 $164,042 $34,586 $129,456
2013 $37,066 $164,042 $34,586 $129,456
Source: Public Records

Agents Affiliated with this Home

  • John Phillips Real Estate Agent - Compass

    Seller's Agent in 2021

    John Phillips

    Compass

    (847) 722-1059

    25 Total Sales

    John Phillips
    Section Image
  • Steven Aisen Real Estate Agent - @ Properties

    Buyer's Agent in 2021

    Steven Aisen

    @ Properties

    (773) 505-2556

    19 Total Sales

    Steven Aisen
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10994212

Midwest Real Estate Data (MRED)

APN: 05-21-126-007-0000

Illinois Cook County Winnetka 60093

490 Cherry St, Winnetka, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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