NOT LISTED FOR SALE

645 Sheridan Rd Winnetka, IL 60093

Estimated Value: $2,641,000 - $6,853,950

7 Beds
4 Baths
5,362 Sq Ft
$885/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $12,750,000 $2,378 Per Sq Ft

Current estimated payment $29,917/month

26 Days on Market

Highlights

  • Additional Residence on Property
  • Lake Front
  • Greenhouse
  • Greeley Elementary School Rated A
  • Beach Access
  • 4-minute walk to Sheridan Park

About This Home

As of August 2022

Once in a lifetime opportunity to own an extremely private oasis in the heart of Winnetka. This 1.7+ acre parcel with over 150 feet of Lake Michigan frontage is situated perfectly within walking distance to the Village Green and downtown Winnetka. Renovate or build your dream home anew on this huge, gorgeous piece of property with massive mature trees and gorgeous landscaping providing a peaceful, park-like private setting. The undeveloped bluff awaits your dreams, imagination and vision, to enjoy the beautiful sunrises over Lake Michigan. Current structures on the property are the main house, a coach house, and a greenhouse. Each of these structures is in need of repair and/or renovation. The coach house is currently rented month-to-month for $1,950/month, utilities included. Estate sale & property being sold as-is. See video in additional media. See plat of survey in documents. Proof of funds required prior to all showings. Agent interest.

Last Agent to Sell the Property

Annie Cobb Challenger

Baird & Warner License #475166945 Listed on: 06/16/2022

Baird & Warner

Last Buyer's Agent

Milena Birov

@properties Christie's International Real Estate License #475124345

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $133,005

Year Built

  • Built in 1905

Lot Details

  • 1.72 Acre Lot
  • Lot Dimensions are 150x536
  • Lake Front
  • Dog Run
  • Property has an invisible fence for dogs
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Second Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Frame Construction

Interior Spaces

  • 4-Story Property
  • 2 Fireplaces
  • Decorative Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • Heated Enclosed Porch
  • Gallery
  • Carpet
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • Fireplace in Bedroom
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Beach Access
  • Access To Lake
  • Tideland Water Rights
  • Balcony
  • Patio
  • Greenhouse
  • Gazebo

Schools

  • Greeley Elementary School
  • Carleton W Washburne Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • SpacePak Central Air
  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Handicap Shower
  • Additional Residence on Property
  • Property is near a park

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$133,005

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 4+ Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 4+ Stories
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Disposal, Trash Compactor, Cooktop, Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: Gas Log, Decorative
  • Fireplaces: 2
  • Room Type: Foyer, Gallery, Office, Enclosed Porch Heated, Pantry, Bonus Room, Sitting Room, Bedroom 5, Bedroom 6, Bedroom 7
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 5362
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Handicap Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Bedroom,Den/Library
  • Total Sq Ft: 0
  • Attic: Full,Interior Stair
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Porch, Dog Run, Invisible Fence
  • List Price: 16000000
  • Lot Features: Beach, Lake Front, Landscaped, Water Rights, Water View, Mature Trees, Fence-Invisible Pet, Lake Access
  • OtherStructures: Gazebo, Greenhouse, Guest House, Dog Kennel, Second Garage, Second Residence, Garage(s)
  • Waterfront: Yes
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 6
  • Number of Cars: 8
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Lake, Water Rights, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Greeley Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Carleton W Washburne School
  • Middle/Junior School District: 36

Lot Info

  • Lot Size Acres: 1.72
  • Lot Dimensions: 150X536
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 133005
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 10, 2022
Sold by
Challenger James E
Bought by
Chicago Title Land Trust
Seller's Agent
Annie Cobb Challenger
Baird & Warner
Buyer's Agent
Milena Birov
@properties Christie's International Real Estate
List Price
$16,000,000
Sold Price
$12,750,000
Premium/Discount to List
-$3,250,000
-20.31%
Current Estimated Value
$4,747,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,002,525
Avg. Annual Appreciation
-27.75%
Source: Public Records

Range of Values:

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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 $12,750,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $12,750,000 -20.3% $2,378 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $16,000,000 -- $2,984 / 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 $177,962 $767,632 $375,000 $392,632
2023 $167,539 $767,632 $375,000 $392,632
2022 $167,539 $767,632 $375,000 $392,632
2021 $135,158 $520,792 $412,500 $108,292
2020 $133,005 $520,792 $412,500 $108,292
2019 $130,566 $566,079 $412,500 $153,579
2018 $101,788 $430,553 $330,000 $100,553
2017 $98,671 $430,553 $330,000 $100,553
2016 $99,958 $455,770 $330,000 $125,770
2015 $105,689 $429,567 $300,000 $129,567
2014 $102,359 $429,567 $300,000 $129,567
2013 $104,660 $455,770 $300,000 $155,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11353224

Midwest Real Estate Data (MRED)

APN: 05-16-106-031-0000