NOT LISTED FOR SALE

587 E Illinois Rd Lake Forest, IL 60045

Estimated Value: $1,238,000 - $2,362,000

5 Beds
6 Baths
3,450 Sq Ft
$515/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $1,225,000 $355 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $11,809/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Corner Lot
  • Sheridan Elementary School Rated A
  • Whirlpool Bathtub
  • Great Room

About This Home

As of July 2019

Newer construction, builders own home. Every want... need...and expectation met. Family room contiguous to eat in kitchen, Sub-Zero, Wolf and even a separate kitchen office. Family room features built-ins, beautiful coffer-ed ceilings, the ultimate open floor plan. Paneled Library, Dining room and Living room complete the main level. Master suite with soaring ceilings and balcony. White marble Master bath with Jacuzzi and his and her separate space. The lower level features 11 foot ceilings an over 200 square foot laundry with 2 of everything. In addition to a great room, a screening room a half bath and an additional guest suite bedroom with full bath, makes the lower level its own residence. Cedar shake exterior with herringbone brick terrace and charming wrap-around porch make this a treasure to own.

Last Agent to Sell the Property

Corky Peterson

Berkshire Hathaway HomeServices Chicago License #475149817 Listed on: 05/03/2019

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Alissa McNicholas

Compass License #475134192

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,210

Year Built

  • 2014

Lot Details

  • East or West Exposure
  • Corner Lot

Parking

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

Home Design

  • Slab Foundation
  • Wood Shingle Roof
  • Shake Siding

Interior Spaces

  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Great Room
  • Library
  • Workroom
  • Game Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Porch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,210

Year Built

2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 1-5 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Square Footage Comments: Open floor plan makes home feel larger than will be necessary to maintain
  • Total Full or Half Bathrooms: 4.2
  • Type Detached: 2 Stories
  • Estimated Year Built: 2014
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 13
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Freezer, Washer, Dryer
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: English
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 19X13, On Level: Lower, Flooring: Porcelain Tile
  • Dining Room: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Library, Workroom, 5th Bedroom, Great Room, Game Room
  • Master Bedroom: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 1 Name: Library, Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 2 Name: Work Rm, Dimensions: 9X7, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 3 Name: 5th Bdrm, Dimensions: 12X11, On Level: Lower, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 4 Name: Great Rm, Dimensions: 26X19, On Level: Lower, Flooring: Carpet
  • Bedroom 4: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 5 Name: Game Rm, Dimensions: 18X16, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 3450
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Shakes
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Porch
  • Exposure: N (North), W (West)
  • Acreage: 0.38

Garage/Parking

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

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 5080

Schools

  • School District: 115
  • Elementary School: Sheridan Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 154 X 108 X 170 X 90
  • Lot Description: Corner
  • Parcel Identification Number: 12334080010000
  • Zero Lot Line: No

Tax Info

  • Taxes: 24193.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2014
Sold by
587 Llc
Bought by
Altounina Todd E and Todd E Altounian Revocable Tru
Current Estimated Value
$1,776,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$342,367
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,434,490

Purchase Details

Listed on
Sep 13, 2012
Closed on
Feb 1, 2013
Sold by
Altounian Todd and Altounian Claudia Clark
Bought by
587 Llc
Seller's Agent
Sam Valadez
Sam Valadez, Realtor
Buyer's Agent
Katherine Hudson
Compass
List Price
$439,900
Sold Price
$315,000
Premium/Discount to List
-$124,900
-28.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%

Purchase Details

Listed on
Sep 13, 2012
Closed on
Jan 4, 2013
Sold by
Bank Of America Na
Bought by
Altounian Todd
Seller's Agent
Sam Valadez
Sam Valadez, Realtor
Buyer's Agent
Katherine Hudson
Compass
List Price
$439,900
Sold Price
$315,000
Premium/Discount to List
-$124,900
-28.39%

Purchase Details

Closed on
Jun 14, 2012
Sold by
Mccoy Anne S and Mccoy Morgan T
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 19, 2006
Sold by
Sorenson Lois A and Mccoy Anne S
Bought by
Wayne Hummer Trust Co Na and Trust #Lft 1168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2006
Sold by
Wayne Hummer Trust Co Na
Bought by
Sorenson Lois A and Mccoy Anne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2005
Sold by
Sorenson Lois and Mccoy Anne S
Bought by
Wayne Hummer Trust Co Na and Trust #Lft 1168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 5, 2005
Sold by
Wayne Hummer Trust Co Na
Bought by
Sorenson Lois and Morgan Mccoy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 24, 2005
Sold by
Sorenson Lois and Mccoy Anne S
Bought by
Wayne Hummer Trust Co Na and Trust #Lft1168

Purchase Details

Closed on
May 19, 2004
Sold by
Wayne Hummer Trust Co Na
Bought by
Sorensen Lois and Mccoy Anne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Altounina Todd E -- Ct
587 Llc -- Premier Title
Altounian Todd $315,000 Premier Title
Bank Of America Na -- None Available
Wayne Hummer Trust Co Na -- None Available
Sorenson Lois A -- None Available
Wayne Hummer Trust Co Na -- --
Sorenson Lois -- Chicago Title Insurance Comp
Wayne Hummer Trust Co Na -- --
Sorensen Lois -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altounina Todd E $460,000
Previous Owner Sorenson Lois A $538,000
Previous Owner Sorenson Lois $288,000
Previous Owner Sorensen Lois $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2019 07/16/19 Sold $1,225,000 -5.4% $355 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $1,295,000 +311.1% $375 / Sq Ft
01/17/2013 01/17/13 Sold $315,000 -21.2% $182 / Sq Ft View Prior Sale
12/19/2012 12/19/12 Pending -- -- --
10/03/2012 10/03/12 Price Changed $399,900 -9.1% $231 / Sq Ft
09/13/2012 09/13/12 For Sale $439,900 -- $255 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $28,210 $504,817 $77,813 $427,004
2023 $26,934 $456,231 $70,324 $385,907
2022 $26,934 $452,072 $69,683 $382,389
2021 $26,184 $448,173 $69,082 $379,091
2020 $25,599 $450,652 $69,464 $381,188
2019 $26,499 $481,479 $70,630 $410,849
2018 $20,921 $407,316 $94,597 $312,719
2017 $20,723 $400,508 $93,016 $307,492
2016 $19,724 $381,218 $88,536 $292,682
2015 $19,497 $358,962 $83,367 $275,595
2014 $5,380 $225,991 $74,847 $151,144
2012 $6,517 $120,931 $75,496 $45,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10367015

Midwest Real Estate Data (MRED)

APN: 12-33-408-002