NOT LISTED FOR SALE

692 Cherry Ave Lake Forest, IL 60045

Estimated Value: $751,000 - $865,000

3 Beds
2.5 Baths
1,800 Sq Ft
$446/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $563,000 $313 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,160/month

5 Days on Market

Highlights

  • Deck
  • Property is near park
  • Tennis Courts
  • Sheridan Elementary School Rated A
  • Whirlpool Bathtub
  • Home Office

About This Home

As of July 2021

Rare and unique East Lake Forest Home with a separate coach house on quiet cul-de-sac street. This home features an updated kitchen with 3 bedrooms and 2.1 baths, beautiful original hardwood floors, recessed lighting, coffered ceiling, French doors. Detailed molding thru-out 1st floor. Coach House includes 2 car garage, 1 Bedroom, 1 bath, Laundry room, and Small Kitchen. Close to newly renovated South Park, town, and Lake Forest Beach!

Last Agent to Sell the Property

Bill Dewar

Coldwell Banker Realty License #475170914 Listed on: 06/15/2021

Coldwell Banker Realty

Last Buyer's Agent

Kim Shortsle

Jameson Sotheby's International Realty License #475168103

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,566

Year Built

  • Built in 1900

Lot Details

  • 7,087 Sq Ft Lot
  • Lot Dimensions are 50x141
  • Cul-De-Sac

Parking

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

Home Design

  • Coach House
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Double Sided Fireplace
  • Includes Fireplace Accessories
  • Fireplace With Gas Starter
  • Formal Dining Room
  • Home Office
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near park

Community Details

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,566

Year Built

Built in 1900

Lot Details

7,087 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories,Coach House
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories,Coach House
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided, Gas Starter, Includes Accessories
  • Fireplaces: 1
  • Interior Amenities: Skylight(s)
  • LivingArea: 1800
  • Other Equipment: Security System, Ceiling Fan(s), Sump Pump
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Lot Features: Cul-De-Sac
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s)
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1627
  • Lot Dimensions: 50X141
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 9565.96
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2025
Sold by
Donovan Brock Allen and Maloney Colleen Murphy
Bought by
Aquae Sulis Investments Llc
Current Estimated Value
$802,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$597,337
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$205,296

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 22, 2021
Sold by
Kelly Reid W and Kelly Lindsay C
Bought by
Donovan Brock Allen and Maloney Colleen Murphy
Seller's Agent
Bill Dewar
Coldwell Banker Realty
Buyer's Agent
Kim Shortsle
Jameson Sotheby's International Realty
List Price
$569,000
Sold Price
$563,000
Premium/Discount to List
-$6,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$534,850
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Masopust Jan
Bought by
Kelly Reid W and Kelly Lindsay C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 25, 2003
Sold by
Krause John F and Krause John Frederick
Bought by
Masopust Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1998
Sold by
Kambourelis Patricia Jeanette Marie
Bought by
Krause John Frederick

Purchase Details

Closed on
Jun 13, 1997
Sold by
Baldwin George P and George P Baldwin Jr Trust
Bought by
Krause John F and Kambourelis Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
8.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aquae Sulis Investments Llc $750,000 Chicago Title
Donovan Brock Allen $563,000 Chicago Title
Kelly Reid W $537,500 St
Masopust Jan $375,000 Mid America Title
Krause John Frederick -- --
Krause John F $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aquae Sulis Investments Llc $600,000
Previous Owner Donovan Brock Allen $534,850
Previous Owner Kelly Reid W $337,500
Previous Owner Masopust Jan $300,000
Previous Owner Krause John F $163,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $563,000 -1.1% $313 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $569,000 -- $316 / Sq Ft
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 $11,812 $213,771 $84,840 $128,931
2023 $11,812 $187,676 $74,484 $113,192
2022 $10,593 $175,438 $69,627 $105,811
2021 $10,299 $173,924 $69,026 $104,898
2020 $9,566 $174,886 $69,408 $105,478
2019 $9,566 $171,676 $68,134 $103,542
2018 $8,561 $164,201 $90,664 $73,537
2017 $8,418 $161,456 $89,148 $72,308
2016 $8,078 $153,679 $84,854 $68,825
2015 $7,993 $144,707 $79,900 $64,807
2014 $7,388 $133,118 $71,734 $61,384
2012 $6,930 $134,272 $72,356 $61,916
Source: Public Records

Agents Affiliated with this Home

  • Bill Dewar

    Seller's Agent in 2021

    Bill Dewar

    Coldwell Banker Realty

    (310) 435-9854

    16 in this area

    41 Total Sales

    Bill Dewar
    Section Image
  • Kim Shortsle

    Buyer's Agent in 2021

    Kim Shortsle

    Jameson Sotheby's International Realty

    (847) 987-5702

    53 in this area

    121 Total Sales

    Kim Shortsle
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11123794

Midwest Real Estate Data (MRED)

APN: 12-33-409-045

Illinois Lake County Lake Forest 60045

692 Cherry Ave, Lake Forest, IL

Not Listed for Sale

Detached

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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