NOT LISTED FOR SALE

595 Longwood Ave Glencoe, IL 60022

Estimated Value: $6,455,881 - $8,345,000

7 Beds
7 Baths
8,775 Sq Ft
$884/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $7,250,000 $826 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $55,518/month

38 Days on Market

Highlights

  • Waterfront
  • 1.67 Acre Lot
  • Wine Refrigerator
  • Central School Rated A
  • Great Room
  • 4-minute walk to Lakefront Park

About This Home

As of August 2024

Seller is ready to make a deal! This price is value of land and priced less than what the property was previously under contract for. This offering is for 1.68 acres of lake front property in the most premier area of Glencoe. This home does not share any of the land with a front or rear home like most properties on the lake side of Longwood. The entire parcel from street to lake is owned by the seller. The home expands 132 feet across Lake Michigan. This is an unprecedented opportunity. This remarkable estate offers an absolutely unbelievable value, unparalleled in both beauty and exclusivity. The land itself is a serene haven, surrounded by lush greenery and offering an abundance of natural beauty. The gentle sounds of the lake and the stunning vistas create a tranquil environment that is perfect for relaxation and rejuvenation. The property's expansive grounds offer endless possibilities for outdoor living and entertaining, from lavish garden parties to quiet mornings with a cup of coffee by the lake. In 2007, the property was completely renovated including new electric, plumbing, bathrooms, kitchen and the addition of a spectacular infinity pool and hot tub, both perfectly positioned to overlook the shimmering waters of Lake Michigan. This estate offers not only a peaceful retreat but also the convenience of being located in the heart of Glencoe. Just steps from Glencoe Beach and the charming downtown area, you'll find a grocery store, restaurants, boutiques, medical offices, a post office, and the beloved HomeTown Coffee and Juice restaurant. Despite its central location, the property provides a secluded and private sanctuary away from the hustle and bustle. This rare and extraordinary land offers the perfect canvas for your dream home, where you can create a legacy property for generations to come. Don't miss the chance to own this unparalleled piece of lakefront paradise in Glencoe-an opportunity to embrace a lifestyle of serene luxury and natural beauty.

Last Agent to Sell the Property

Laura Rubin Dresner

Baird & Warner License #475099021 Listed on: 06/12/2024

Baird & Warner

Last Buyer's Agent

Beth Wexler

@properties Christie's International Real Estate License #475133132

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $149,570

Year Built

  • Built in 1970 | Remodeled in 2007

Lot Details

  • 1.67 Acre Lot
  • Lot Dimensions are 132x575
  • Waterfront

Parking

  • 4 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 8,775 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Home Office
  • Library
  • Home Gym

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Partial Basement
  • Finished Basement Bathroom

Eco-Friendly Details

  • Solar Heating System

Schools

  • South Elementary School
  • West Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 400 Amp

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$149,570

Year Built

Built in 1970 | Remodeled in 2007

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2007
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2007

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Gas Cooktop, Range Hood, Wall Oven
  • Basement: Partial, English
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 7
  • LivingArea: 8775
  • Room Type: Bedroom 5, Bedroom 6, Bedroom 7, Kitchen, Library, Great Room, Exercise Room, Office, Breakfast Room
  • Estimated Total Finished Sq Ft: 8775
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 8775
  • Total Sq Ft: 8775
  • Upper Level Sq Ft: 3923
  • Main Level Sq Ft: 4852
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 7999900
  • Lot Features: Waterfront
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Electric: Service - 400 Amp or Greater
  • Heating: Natural Gas, Solar
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: South Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: West School
  • Middle/Junior School District: 35

Lot Info

  • Lot Size Acres: 1.674
  • Lot Dimensions: 132X575
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 149570.5
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 12, 2024
Sold by
Kalt David S and Kalt Susan
Bought by
Chicago Title Land Trust
Seller's Agent
Laura Rubin Dresner
Baird & Warner
Buyer's Agent
Beth Wexler
@properties Christie's International Real Estate
List Price
$7,999,900
Sold Price
$7,250,000
Premium/Discount to List
-$749,900
-9.37%
Views
86
Current Estimated Value
$7,753,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,470
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Sep 8, 2005
Sold by
Fisher Mary Beth
Bought by
Kalt David S and Kalt Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2002
Sold by
Fisher Mary Beth
Bought by
Fisher Mary Beth and Mary Beth Fisher Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Chicago Title Land Trust $7,260,000 Chicago Title
Kalt David S $5,950,000 Cti
Fisher Mary Beth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalt David S $3,000,000
Previous Owner Kalt David S $3,500,000
Previous Owner Fisher Mary Beth $505,000
Previous Owner Fisher Mary Beth $500,000
Previous Owner Mary Beth Fish Revocable Trust $500,000
Previous Owner Mary Beth Fisher Revocable Trust $500,000
Previous Owner Mary Beth Fisher Revocable Trust $500,000
Previous Owner Mary Beth Kellner Revocable Trust $500,000
Previous Owner Kellner Mary Beth $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $7,250,000 -9.4% $826 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $7,999,900 -- $912 / 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 $160,232 $657,447 $357,060 $300,387
2023 $149,571 $657,447 $357,060 $300,387
2022 $149,571 $657,447 $357,060 $300,387
2021 $119,831 $421,300 $392,766 $28,534
2020 $116,401 $421,300 $392,766 $28,534
2019 $103,342 $421,300 $392,766 $28,534
2018 $96,489 $383,000 $314,212 $68,788
2017 $93,756 $383,000 $314,212 $68,788
2016 $88,231 $383,000 $314,212 $68,788
2015 $99,645 $383,074 $285,648 $97,426
2014 $97,197 $383,074 $285,648 $97,426
2013 $92,700 $383,074 $285,648 $97,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12082093

Midwest Real Estate Data (MRED)

APN: 05-08-101-006-0000