$1,750,000
SOLD APR 29, 2025

500 Mccormick Dr Lake Forest, IL 60045

5 Beds
8 Baths
5,404 Sq Ft
0.95 Acres

Recently Sold

$324 Per Sq Ft

5% Below List Price

47 Days on Market

Highlights

  • 0.95 Acre Lot
  • Landscaped Professionally
  • Family Room with Fireplace
  • Cherokee Elementary School Rated A
  • Community Lake
  • Recreation Room

About This Home

As of April 2025

This beautifully updated, brick Georgian home is just a short distance from Lake Michigan in the highly desirable Villa Turicum neighborhood! Located on just under an acre of partially wooded, professionally landscaped grounds, this wonderful home features all new bathrooms, a gourmet kitchen, refinished hardwood floors, updated millwork throughout, a newer (2021) cedar shake roof, a new bluestone patio w/ pergola & new enlarged koi pond, and generous room sizes. There are 6 bedrooms in total - 5 on the 2nd floor and 1 in the basement - and the 5 bedrooms upstairs each have an ensuite bathroom. The Primary Suite's large walk-in closet was expanded by the current homeowners to incorporate a 2nd floor laundry. The gourmet kitchen & breakfast room feature high-end appliances (Viking Professional 6-burner range w/ double ovens, Sub Zero refrigerator, Fisher-Paykel dishwasher drawers), a huge island w/ multiple seating, tons of counter space, skylights, and a wall of windows overlooking the fabulous patio & backyard. The family room features a lovely fireplace, built-ins, and a new wet bar. The large, formal living room has plenty of space for a piano or multiple seating areas. The updated office is right off the living room and provides privacy, comfort, and lovely views of the backyard & koi pond. Upstairs, there is a large space above the garage w/ an ensuite bath that can be a 5th bedroom or a bonus room. The basement has a large playroom/2nd family room w/ fireplace, a 6th bedroom, a large recreation room w/ new luxury vinyl flooring, storage space, laundry, and a full bathroom. Outside, the stunning grounds feature a fully fenced backyard, a new bluestone patio w/ pergola, seating walls and plenty of room for a fire pit and grill, a lovely koi pond, a Rain Bird irrigation system, and lots of mature trees. The home also has a deep, 3-car garage w/ room for storage. Move right in and enjoy this fabulous home!

Last Agent to Sell the Property

Ann Lyon

@properties Christie's International Real Estate License #475126499 Listed on: 01/30/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Nancy Adelman

Compass License #475123518

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,629

Year Built

  • Built in 1971 | Remodeled in 2023

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 130 x 324 x 61 x 69 x 327
  • Fenced
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Parking Included in Price

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,404 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Outdoor Features

  • Patio
  • Pergola

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Multiple Water Heaters

Community Details

  • Villa Turicum Subdivision
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,629

Year Built

Built in 1971 | Remodeled in 2023

Lot Details

0.95 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Villa Turicum
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood
  • Basement: Finished, Egress Window, Rec/Family Area, Full
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 3
  • Flooring: Hardwood
  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • LivingArea: 5404
  • Other Equipment: Central Vacuum, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Bedroom 5, Recreation Room, Foyer, Mud Room, Bedroom 6, Breakfast Room, Office, Utility Room-Lower Level, Bonus Room, Other Room
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 2047
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Basement
  • Total Sq Ft: 2347
  • Attic: Pull Down Stair
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • OtherStructures: Other, Pergola
  • Patio And Porch Features: Patio
  • Roof: Shake
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Asphalt, Garage Door Opener, Heated Garage, Garage Owned, Attached, Side Apron, Owned, Garage
  • ParkingTotal: 9

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Steam, Baseboard, Zoned
  • Laundry Features: Upper Level, Gas Dryer Hookup, Multiple Locations, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.9499
  • Lot Dimensions: 130 X 324 X 61 X 69 X 327
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 30629.14
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2021
Sold by
Shea Carrie Lynn
Bought by
Herring Paul J and Herring Kanna
Current Estimated Value
$1,897,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$1,000,200
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$897,242

Purchase Details

Closed on
Jun 16, 2005
Sold by
Smith Henry B and Smith Sally H
Bought by
Shea Michael Edward and Shea Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 17, 1997
Sold by
Wilson Celeste
Bought by
Smith Henry B and Smith Sally H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.93%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,400,000 Baird & Warner Ttl Svcs Inc
Warranty Deed $1,870,000 St
Warranty Deed $910,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,120,000 New Conventional
Previous Owner $1,000,000 Fannie Mae Freddie Mac
Previous Owner $300,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2025 04/29/25 Sold $1,750,000 -5.4% $324 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/16/2025 03/16/25 For Sale $1,850,000 0.0% $342 / Sq Ft
03/16/2025 03/16/25 Off Market $1,850,000 -- --
03/10/2025 03/10/25 Price Changed $1,850,000 -5.1% $342 / Sq Ft
01/30/2025 01/30/25 For Sale $1,950,000 0.0% $361 / Sq Ft
08/20/2019 08/20/19 Rented $7,000 -6.7% --
06/26/2019 06/26/19 Under Contract -- -- --
06/04/2019 06/04/19 For Rent $7,500 +4.2% --
08/01/2017 08/01/17 Rented $7,200 -7.1% --
05/26/2017 05/26/17 Under Contract -- -- --
11/16/2016 11/16/16 For Rent $7,750 -- --
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 $30,629 $550,930 $145,595 $405,335
2023 $30,629 $496,602 $131,238 $365,364
2022 $24,934 $420,367 $144,173 $276,194
2021 $23,647 $406,348 $139,365 $266,983
2020 $22,989 $406,348 $139,365 $266,983
2019 $22,157 $404,447 $138,713 $265,734
2018 $22,694 $439,906 $153,425 $286,481
2017 $22,607 $437,369 $152,540 $284,829
2016 $21,528 $416,383 $145,221 $271,162
2015 $21,010 $386,865 $134,926 $251,939
2014 $22,410 $410,832 $145,632 $265,200
2012 $24,237 $413,229 $146,482 $266,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12280922

Midwest Real Estate Data (MRED)

APN: 16-03-303-011

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