Seller's Agent in 2025
Kim Shortsle
Jameson Sotheby's International Realty
(847) 987-5702
37 in this area
123 Total Sales
542 E Prospect Ave Lake Bluff, IL 60044
7
Beds
7
Baths
4,142
Sq Ft
13,504
Sq Ft Lot
Highlights
- Community Lake
- Living Room with Fireplace
- Corner Lot
- Lake Bluff Elementary School Rated A
- Traditional Architecture
- 4-minute walk to Ravine Park
About This Home
As of October 2025Sold "as-is" and awaiting vision, this East Lake Bluff home offer tremendous upside potential. Nestled on a generous lot steps from the lake, trails, and historic downtown, this property is ideal for a full renovation or a new build opportunity in one of the North Shore's most coveted neighborhoods. Floor Area Ratio (FAR) (based on 12,400 square foot lot) is 4280 square feet with a maximum build height of 34 feet. 2023 Taxes are $22,811.28 with no exemptions.
Last Agent to Sell the Property
Jameson Sotheby's International Realty Brokerage Phone: (847) 987-5702 License #475168103 Listed on: 08/25/2025
Co-Listed By
Jameson Sotheby's International Realty Brokerage Phone: (847) 987-5702 License #475167724
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,811
Year Built
- Built in 1955
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 100x124
- Corner Lot
Parking
- 2 Car Attached Garage
- No Garage
- Gravel Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,142 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Balcony
- Patio
Schools
- Lake Bluff Elementary School
- Lake Bluff Middle School
- Lake Forest High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Community Lake
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2025
Closed on
Oct 1, 2025
Sold by
Martha Anne Worthen Trust and Worthen Martha Anne
Bought by
First Choice Property Group Llc 542
Seller's Agent
Kim Shortsle
Jameson Sotheby's International Realty
Buyer's Agent
Maksym Haruk
KOMAR
List Price
$949,000
Sold Price
$841,300
Premium/Discount to List
-$107,700
-11.35%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,273
Avg. Annual Appreciation
137.26%
Original Mortgage
$1,011,505
Outstanding Balance
$1,011,505
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
$117,068
Purchase Details
Closed on
Jul 31, 2024
Sold by
Worthen Martha Anne
Bought by
Martha Anne Worthen Trust and Worthen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $841,500 | None Listed On Document | |
| Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,011,505 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | Sold | $841,300 | -11.3% | $203 / Sq Ft |
| 09/08/2025 09/08/25 | Pending | -- | -- | -- |
| 08/25/2025 08/25/25 | Price Changed | $949,000 | 0.0% | $229 / Sq Ft |
| 08/25/2025 08/25/25 | For Sale | $949,000 | -- | $229 / 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 | $22,811 | $364,110 | $166,367 | $197,743 |
| 2023 | $21,190 | $329,066 | $150,355 | $178,711 |
| 2022 | $21,190 | $310,540 | $141,890 | $168,650 |
| 2021 | $20,447 | $307,861 | $140,666 | $167,195 |
| 2020 | $20,004 | $309,564 | $141,444 | $168,120 |
| 2019 | $19,286 | $303,882 | $138,848 | $165,034 |
| 2018 | $20,469 | $330,204 | $154,843 | $175,361 |
| 2017 | $20,294 | $324,685 | $152,255 | $172,430 |
| 2016 | $19,549 | $309,047 | $144,922 | $164,125 |
| 2015 | $19,716 | $291,004 | $136,461 | $154,543 |
| 2014 | $18,066 | $266,808 | $122,514 | $144,294 |
| 2012 | $16,942 | $269,123 | $123,577 | $145,546 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Shortsle
-
Carleigh Mia Goldsberry
Seller Co-Listing Agent in 2025
Carleigh Mia Goldsberry
Jameson Sotheby's International Realty
(224) 558-1993
22 in this area
75 Total Sales
-
Maksym Haruk
Buyer's Agent in 2025
Maksym Haruk
KOMAR
(847) 737-5037
1 in this area
15 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12431842
APN: 12-21-219-016
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Based on information submitted to the MLS GRID
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