NOT LISTED FOR SALE

555 E Illinois Rd Lake Forest, IL 60045

Estimated Value: $699,023 - $1,621,000

3 Beds
2.5 Baths
2,688 Sq Ft
$359/Sq Ft Est. Value

Highlights

  • Recreation Room
  • Screened Porch
  • Formal Dining Room
  • Sheridan Elementary School Rated A
  • Home Office
  • Double Oven

About This Home

As of February 2023

Desirable East Lake Forest location! This lovely home has been painted and floors redone looking for the perfect renters. There are four floors of living with both front and back enclosed porches for additional space and comfort! Beautiful living space with lovely light, fireplace and hardwood floors melts into the dining room. The kitchen has granite countertops, pantry cabinet and tons of counter space. The primary suite has an ensuite bath with a charming soaking tub. The 3rd floor has been enhanced and can be used as a 4th bedroom, a craft room or an office. Lower level has additional finished space plus laundry room. Enjoy all of Lake Forest - the newly renovated South Park, Lake Forest Beach, downtown Lake Forest with coffee shops, shopping and restaurants. Pets are permitted subject to review with owner as well as flexible term leases.

Last Agent to Rent the Property

Marjorie Richter

Baird & Warner License #471007326 Listed on: 12/11/2022

Baird & Warner

Last Renter's Agent

Anne Jacobs

Baird & Warner License #475172200

Baird & Warner

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913 | Remodeled in 2022

Lot Details

  • Lot Dimensions are 50x166x50x189

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Screened Porch
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • East Lake Forest Subdivision

Listing and Financial Details

  • Security Deposit $5,400
  • Property Available on 12/1/22
  • Rent includes parking

Home Details

Home Type

Single Family

Year Built

Built in 1913 | Remodeled in 2022

Lot Details

8,276 Sq Ft Lot

Parking

2

Rental Info

  • Available Date: 2022-12-01
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Detached
  • Rental Price: 5000
  • Security Deposit: 5400

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 2 Stories
  • Property Sub-Type: Detached
  • Subdivision Name: East Lake Forest
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 2688
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Office, Enclosed Porch, Screened Porch, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Square Footage Comments: Floor plan square footage is an estimate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Shakes

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Deposit Required
  • Rent Includes: Parking

Schools

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

Lot Info

  • Lot Dimensions: 50X166X50X189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Sims William Marshall
Bought by
Orvus Properties I Llc
Current Estimated Value
$800,699

Purchase Details

Closed on
Aug 25, 2022
Sold by
Mark Mathieson
Bought by
Sims William Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2011
Sold by
Mathieson Caroline and Bourke Caroline
Bought by
Mathieson Mark

Purchase Details

Closed on
Sep 13, 2007
Sold by
Hashimoto Ronald M and Amsden Laura B
Bought by
Mathieson Mark and Mathieson Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2002
Sold by
Nottoli Mark A
Bought by
Hashimoto Ronald M and Amsden Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.13%

Purchase Details

Closed on
Jan 29, 2001
Sold by
Nottoli Victor and Wu Jun
Bought by
Nottoli Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.06%

Purchase Details

Closed on
Jul 24, 2000
Sold by
Jackson Ruth K and The Ruth K Jackson Revocable T
Bought by
Mottoli Victor and Wu Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1995
Sold by
Jackson Ruth K
Bought by
Jackson Ruth K and Ruth K Jackson Revocable Trust
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 Buyer Sale Price Title Company
Orvus Properties I Llc -- None Listed On Document
Sims William Marshall $550,000 Chicago Title
Mathieson Mark -- First American Title Insuran
Mathieson Mark $607,500 Sterling Title Services Llc
Hashimoto Ronald M $435,000 Chicago Title Insurance Co
Nottoli Mark A $475,000 --
Mottoli Victor $330,000 --
Jackson Ruth K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sims William Marshall $412,500
Previous Owner Mathieson Mark $417,000
Previous Owner Hashimoto Ronald M $348,000
Previous Owner Nottoli Mark A $380,000
Previous Owner Mottoli Victor $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2023 02/20/23 Rented $4,000 -20.0% --
02/06/2023 02/06/23 Under Contract -- -- --
01/12/2023 01/12/23 Price Changed $5,000 -7.4% $2 / Sq Ft
12/11/2022 12/11/22 For Rent $5,400 -- --
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 $11,112 $201,105 $94,746 $106,359
2023 $9,603 $176,557 $83,181 $93,376
2022 $9,603 $165,046 $77,758 $87,288
2021 $9,334 $163,622 $77,087 $86,535
2020 $9,127 $164,527 $77,513 $87,014
2019 $8,669 $161,507 $76,090 $85,417
2018 $8,341 $166,022 $101,744 $64,278
2017 $8,198 $163,247 $100,043 $63,204
2016 $7,853 $165,019 $95,225 $69,794
2015 $8,252 $155,385 $89,666 $65,719
2014 $7,569 $142,331 $80,502 $61,829
2012 $7,431 $143,565 $81,200 $62,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11686463

Midwest Real Estate Data (MRED)

APN: 12-33-407-009

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