NOT LISTED FOR SALE

68 Locust Rd Winnetka, IL 60093

Estimated Value: $4,352,000 - $7,081,852

6 Beds
10 Baths
16,791 Sq Ft
$340/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $8,750,000 $521 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $43,857/month

409 Days on Market

Highlights

  • Second Kitchen
  • Heated Driveway
  • In Ground Pool
  • Marie Murphy School Rated A
  • Home Theater
  • Rooftop Deck

About This Home

As of June 2020

Live TOUCHLESS or VIRTUAL showings available! A starstruck beauty! The only Richard Landry house east of Beverly Hills 90210. Set on over 2 acres of award winning landscaped designed grounds by Scott Byron, this home has one common thread woven throughout, "quality" abound in every inch of this home. With 6 beds, garages for 9 cars, spa room, gym, theater, wine cellar room w/pebble stone floors complemented with a handcrafted restaurant quaility bar, pool and spa, this is the "ultimate" entertainment destination. Experts Mick DeGiulio, Howard Design Group of Miami, John Kny Interiors, Radiance Lighting & Scott Byron all brought this house to the utmost level of beauty. 68 Locust was designed w/a budget that doesn't exist in today's market making it the BEST home for someone that appreciates excellence at a fraction of the total cost. Opportunity knocks for those who "get" what quality construction is really about! Ask Jena about 2019 reduced taxes to UNDER $100k aftr successful appeal.

Last Agent to Sell the Property

Jena Radnay

@properties Christie's International Real Estate License #475141392 Listed on: 04/24/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Jena Radnay

@properties Christie's International Real Estate License #475141392 Listed on: 04/24/2019

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $162,900

Year Built

  • 2008

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot

HOA Fees

  • $92 per month

Parking

  • Garage
  • Carport
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Heated Driveway
  • Circular Driveway
  • Brick Driveway
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • French Provincial Architecture
  • Slab Foundation
  • Slate Roof
  • Limestone

Interior Spaces

  • Elevator
  • Bar Fridge
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Home Theater
  • Library
  • Recreation Room
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Sauna
  • Gallery
  • Home Gym

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Eco-Friendly Details

  • North or South Exposure

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Rooftop Deck
  • Screened Patio
  • Terrace
  • Fire Pit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$162,900

Year Built

2008

Lot Details

0

HOA Fees

$92 per month

Parking

5

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 11-15 Years
  • Full Bathrooms: 6
  • Half Bathrooms: 4
  • Number Interior Fireplaces: 9
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 6.4
  • Style Of House: French Provincial
  • Type Detached: 2 Stories
  • Estimated Year Built: 2008
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Sauna/Steam Room, Elevator, Hardwood Floors, Heated Floors
  • Number Of Rooms: 16
  • Living Room: Dimensions: 28X23, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan, Fan-Attic Exhaust, Sump Pump, Sprinkler-Lawn, Air Cleaner, Backup Sump Pump;, Power Generator
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Finished
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Bidet
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 18X12, On Level: 2nd Level, Flooring: Stone, Windows: None
  • Dining Room: Dimensions: 29X20, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 22X28, On Level: Main Level, Flooring: Stone, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler, Pantry-Closet, Pantry-Walk-in
  • Additional Rooms: 2nd Kitchen, 5th Bedroom, 6th Bedroom, Enclosed Porch, Exercise Room, Foyer, Gallery, Great Room, Library, Mud Room, Pantry, Recreation Room, Storage, Sun/Florida Room, Terrace, Theatre Room, Walk In Closet
  • Master Bedroom: Dimensions: 23X27, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 15X20, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 24X18, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 3 Name: Theater Rm, Dimensions: 29X23, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 24X17, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 4 Name: Library, Dimensions: 20X21, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 4: Dimensions: 18X16, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 5 Name: Foyer, Dimensions: 35X28, On Level: Main Level, Flooring: Stone, Windows: None
  • Additional Room 6 Name: Great Rm, Dimensions: 23X16, On Level: Main Level, Windows: Curtains/Drapes
  • Additional Room 7 Name: Recreation Rm, Dimensions: 27X42, On Level: Basement, Windows: None
  • Additional Room 8 Name: 2nd Kitchen, Dimensions: 11X17, On Level: Main Level, Windows: None
  • Additional Room 9 Name: Exercise Rm, Dimensions: 28X20, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 10 Name: Sunroom, Dimensions: 24X22, On Level: Main Level, Windows: Curtains/Drapes
  • Estimated Sq Ft: 16791
  • Dining Room Type: Separate
  • Family Room: Dimensions: 29X23, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: 2.0-2.99 Acres
  • Exterior Building Type: Limestone
  • Roof Type: Slate
  • Exterior Property Features: Hot Tub, Roof Deck, Porch Screened, Screened Patio, Pool In-Ground, Fire Pit
  • Exposure: N (North), S (South), E (East), W (West)
  • Acreage: 2.0406

Garage/Parking

  • Number of Cars: 15
  • Parking: Garage, Space/s
  • Number Parking Spaces: 10
  • Parking On Site: Yes
  • Garage Type: Attached, Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Carport, Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 5
  • Driveway: Brick, Concrete, Circular, Heated
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: 400 Amp Service or Greater
  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Radiant, Zoned

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 1100

Schools

  • School District: 203
  • Elementary School: Avoca West Elementary School
  • Middle School: Marie Murphy School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Junior High Dist: 37

Lot Info

  • Lot Dimensions: 268X336
  • Lot Description: Corner, Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 05291010430000

Tax Info

  • Taxes: 199866.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 9, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Chicago Title Land Trust Company and Trust Number 8002383404
Seller's Agent
Jena Radnay
@properties Christie's International Real Estate
Buyer's Agent
Jena Radnay
@properties Christie's International Real Estate
List Price
$9,500,000
Sold Price
$8,750,000
Premium/Discount to List
-$750,000
-7.89%
Current Estimated Value
$5,716,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,033,074
Avg. Annual Appreciation
-2.35%

Purchase Details

Closed on
May 23, 2006
Sold by
Jarol Sherwin and Jarol Deborah
Bought by
Chicago Title Land Trust Co and Trust #8002346641

Purchase Details

Closed on
Oct 29, 2003
Sold by
Hirschmann Jerome H and Hirschmann Doris W
Bought by
Jarol Sherwin and Jarol Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Unknown
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 Company $7,250,000 Chicago Title
Chicago Title Land Trust Co -- None Available
Jarol Sherwin $2,562,500 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Chicago Land Trust Company $8,000,000
Previous Owner Chicago Title Land Trust Company $8,000,000
Previous Owner Chicago Title Land Trust Co $3,100,000
Previous Owner Chicago Title Land Trust Co $1,100,000
Previous Owner Chicago Title Land Trust Co $7,000,000
Previous Owner Jarol Sherwin $6,250,000
Previous Owner Jarol Sherwin $7,000,000
Previous Owner Jarol Sherwin $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $8,750,000 -7.9% $521 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $9,500,000 0.0% $566 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $9,500,000 +8.6% $566 / Sq Ft
02/25/2020 02/25/20 Off Market $8,750,000 -- --
12/02/2019 12/02/19 For Sale $9,500,000 +8.6% $566 / Sq Ft
11/21/2019 11/21/19 Off Market $8,750,000 -- --
09/11/2019 09/11/19 For Sale $9,500,000 0.0% $566 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
05/20/2019 05/20/19 Price Changed $9,500,000 -5.0% $566 / Sq Ft
04/23/2019 04/23/19 For Sale $9,999,999 -- $596 / 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 $162,900 $894,445 $124,445 $770,000
2023 $154,682 $894,445 $124,445 $770,000
2022 $154,682 $894,445 $124,445 $770,000
2021 $86,787 $436,665 $151,111 $285,554
2020 $84,048 $436,665 $151,111 $285,554
2019 $82,230 $479,852 $151,111 $328,741
2018 $199,867 $1,108,206 $124,444 $983,762
2017 $195,219 $1,108,206 $124,444 $983,762
2016 $184,577 $1,108,206 $124,444 $983,762
2015 $212,059 $1,150,000 $102,222 $1,047,778
2014 $207,733 $1,150,000 $102,222 $1,047,778
2013 $230,839 $1,343,280 $102,222 $1,241,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10355480

Midwest Real Estate Data (MRED)

APN: 05-29-101-043-0000