NOT LISTED FOR SALE

501 Basil Rd Unit A Lake Bluff, IL 60044

Estimated Value: $2,865,556

2 Beds
1 Bath
700 Sq Ft
$4,094/Sq Ft Est. Value

About This Home

This home is located at 501 Basil Rd Unit A, Lake Bluff, IL 60044 and is currently estimated at $2,865,556, approximately $4,093 per square foot. 501 Basil Rd Unit A is a home located in Lake County with nearby schools including Lake Bluff Elementary School, Lake Bluff Middle School, and Lake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2023
Sold by
Marshmallow Basil Llc
Bought by
Pisces Properties Llc Series I and 33 Capital Partners Llc Series 3118 West Addi
Current Estimated Value
$2,865,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,563,630
Outstanding Balance
$1,532,555
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$1,322,892

Purchase Details

Closed on
Dec 15, 2020
Sold by
Katz Michael M and Estate Of Sukeo Ishida
Bought by
Marshmallow Basil Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2014
Sold by
501 Basil Building Llc
Bought by
Ishida Sukeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,296,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2011
Sold by
Pb Il Oreo Llc
Bought by
501 Basil Building Llc

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
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 27, 2011
Sold by
Lexi Ann Iii Llc
Bought by
Pb Il Oreo Llc

Purchase Details

Closed on
Jul 27, 2004
Sold by
State Bank Of The Lakes
Bought by
Lexi Ann Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2002
Sold by
Fox Stephen G and Fox Phyllis E
Bought by
State Bank Of The Lakes and Trust #2002-110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 1999
Sold by
Metropolitan Bank & Trust
Bought by
Fox Stephen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 1996
Sold by
Bank Of Waukegan
Bought by
Metropolitan Bank & Trust Company and Trust #2096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,250
Interest Rate
7.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 1994
Sold by
Fox Stephen G and Fox Phyllis E
Bought by
Bank Of Waukegan

Purchase Details

Closed on
Dec 21, 1993
Sold by
Bank Of Waukegan
Bought by
Fox Stephen G and Fox Phyllis E
Source: Public Records

Range of Values:

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

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ICE

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Quantarium

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Average Value
Not Available
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
Pisces Properties Llc Series I $2,350,000 None Listed On Document
Marshmallow Basil Llc $1,567,500 Near North Title Group
Ishida Sukeo $2,160,000 Fidelity National Title
501 Basil Building Llc $1,000,000 Ctic
Pb Il Oreo Llc -- None Available
Lexi Ann Iii Llc $1,616,500 Commercial Land Title Insura
State Bank Of The Lakes -- --
Fox Stephen G -- --
Metropolitan Bank & Trust Company -- Chicago Title Insurance Co
Bank Of Waukegan -- --
Fox Stephen G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pisces Properties Llc Series I $1,563,630
Previous Owner Marshmallow Basil Llc $1,025,000
Previous Owner Ishida Sukeo $1,296,000
Previous Owner 501 Basil Building Llc $1,000,000
Previous Owner Lexi Ann Iii Llc $1,500,000
Previous Owner State Bank Of The Lakes $1,005,000
Previous Owner Fox Stephen G $875,000
Previous Owner Metropolitan Bank & Trust Company $821,250
Closed Lexi Ann Iii Llc $300,000
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 $36,414 $557,630 $116,368 $441,262
2023 $34,155 $514,039 $107,271 $406,768
2022 $34,155 $494,517 $103,197 $391,320
2021 $28,966 $426,542 $102,307 $324,235
2020 $31,452 $492,963 $102,873 $390,090
2019 $31,638 $483,914 $100,985 $382,929
2018 $31,444 $457,865 $97,495 $360,370
2017 $33,375 $517,706 $95,865 $421,841
2016 $32,214 $492,772 $91,248 $401,524
2015 $31,775 $464,004 $85,921 $378,083
2014 -- $464,003 $86,029 $377,974
2012 $29,495 $468,028 $86,775 $381,253
Source: Public Records

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