NOT LISTED FOR SALE

499 E Illinois Rd Lake Forest, IL 60045

Estimated Value: $1,198,000 - $1,675,494

5 Beds
4 Baths
4,246 Sq Ft
$337/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $899,000 $212 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,017/month

16 Days on Market

Highlights

  • The property is located in a historic district
  • Heated Floors
  • Formal Dining Room
  • Sheridan Elementary School Rated A
  • Heated Sun or Florida Room
  • Detached Garage

About This Home

As of April 2021

Great location! This unique 5 bed 3.1 bath solid brick home features Hardwood floors throughout, high ceilings, original details, and sits on over a half acre. Enjoy the front or back sunrooms for some reading in the morning or downtime in the evening. Located minutes from town for shopping and events, The Gorton Center for theatre plays and movies, South Park, bike trail, and Lake Forest Beach for those warm summer days.

Last Agent to Sell the Property

Bill Dewar

Coldwell Banker Realty License #475170914 Listed on: 01/23/2021

Coldwell Banker Realty

Last Buyer's Agent

Julie Pawl

@properties Christie's International Real Estate License #475128992

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1925

Lot Details

  • 0.66

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Skylights
  • Gas Log Fireplace
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Heated Enclosed Porch

Flooring

  • Wood
  • Heated Floors

Unfinished Basement

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

Location

  • The property is located in a historic district

Utilities

  • SpacePak Central Air
  • Radiator
  • Hot Water Heating System
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

0.66 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Historical District
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 4246
  • Unfinished Lower Sq Ft: 1308
  • Type Detached: 3 Stories
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner, Senior
  • Total Sq Ft: 5554
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, Hardwood Floors, Heated Floors, 9' Ceilings, Separate Dining Room
  • Number Of Rooms: 11
  • Living Room: Dimensions: 14X28, On Level: Main Level, Flooring: Hardwood
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 14X10, On Level: Basement
  • Dining Room: Dimensions: 17X18, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Sun/Florida Room Heated, Enclosed Porch Heated, Eating Area, 5th Bedroom
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Sun/Florida Room Heated, Dimensions: 30X22, On Level: Main Level, Flooring: Slate
  • Additional Room 2 Name: Enclosed Porch Heated, Dimensions: 34X9, On Level: Main Level
  • Bedroom 2: Dimensions: 14X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Eating Area, Dimensions: 16X7, On Level: Main Level
  • Bedroom 3: Dimensions: 14X18, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: 5th Bdrm, Dimensions: 14X19, On Level: 3rd Level
  • Bedroom 4: Dimensions: 11X18, On Level: 3rd Level, Flooring: Hardwood
  • Estimated Sq Ft: 4246
  • Estimated Total Finished Sq Ft: 4246
  • Main Level Sq Ft: 4246
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.668

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Space Pac
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiant, Radiators

Schools

  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 73X136X202X49X52X252
  • Parcel Identification Number: 12334010280000

Tax Info

  • Taxes: 20391.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Mar 23, 2021
Sold by
The Chicago Trust Company Na
Bought by
Schubert David and Schubert Jessica
Seller's Agent
Bill Dewar
Coldwell Banker Realty
Buyer's Agent
Julie Pawl
@properties Christie's International Real Estate
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,430,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,624
Avg. Annual Appreciation
9.99%
Original Mortgage
$719,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2002
Sold by
Kelly Daniel J and Kelly Lois L
Bought by
Wintrust Asset Management Company Na and Trust #Lft 1647

Purchase Details

Closed on
Feb 24, 1997
Sold by
Kelly Daniel J and Kelly Lois L
Bought by
Kelly Daniel J and Kelly Lois L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schubert David $899,000 Chicago Title
Wintrust Asset Management Company Na -- --
Kelly Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schubert David $719,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $899,000 0.0% $212 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/23/2021 01/23/21 For Sale $899,000 -- $212 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $19,845 $368,280 $210,460 $157,820
2023 $17,888 $323,325 $184,770 $138,555
2022 $17,888 $302,244 $172,723 $129,521
2021 $17,092 $299,637 $171,233 $128,404
2020 $21,465 $383,851 $172,180 $211,671
2019 $20,391 $376,804 $169,019 $207,785
2018 $21,755 $383,295 $228,717 $154,578
2017 $23,774 $466,989 $224,894 $242,095
2016 $22,787 $444,497 $214,062 $230,435
2015 $22,512 $418,547 $201,565 $216,982
2014 $19,394 $360,370 $180,964 $179,406
2012 $19,079 $363,496 $182,534 $180,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10987531

Midwest Real Estate Data (MRED)

APN: 12-33-401-028

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