NOT LISTED FOR SALE

693 Sheridan Rd Winnetka, IL 60093

Estimated Value: $3,894,000 - $4,821,000

7 Beds
7 Baths
7,103 Sq Ft
$612/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $3,500,000 $493 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $29,311/month

45 Days on Market

Highlights

  • Water Views
  • Spa
  • Recreation Room
  • Greeley Elementary School Rated A
  • Colonial Architecture
  • 2-minute walk to Sheridan Park

About This Home

As of February 2021

Feel the lake breezes at this incredible hotel- like estate with pool & separate spa, outdoor theater movie screen and awesome entertaining patio. The beach is at your fingertips so enjoy paddleboarding everyday as this amazing " like new" home has even a place to rack your board on the side of the home! Family fun 24-7 with this completely transformed estate by notable architect, Healy Rice, set on .5 acres of landscaped grounds, radiating a serene & cheerful vacation vibe. Renovated to perfection with the highest level of designer finishes & integrated technologies throughout. 7-bedroom, 5.2 baths, just one house off of Lake Michigan w/ an ideal circular floor plan that seamlessly blends the formal & casual gathering areas into one. Elegant foyer reception hallway framed with elegant wainscoting opens to gracious dining room w/ Phillip Jeffries wallpaper on one end & a sun-drenched living room w/ wet bar & French doors to the other end. Spacious Great Room w/ oversized windows & stone fireplace flanked by custom built-ins leads to gourmet white Chef's kitchen w/stunning marble island, top-of-the-line SS appliances, butler pantry, mudroom & breakfast area w/ French doors out to the bluestone patio, pool, & lush yard. Bonus family room tucked off other end of kitchen w/ another stone fireplace & game area; ideal for family evenings. 2nd floor has a 5-bed setup, private office,& laundry. Serene master suite w/ vaulted ceilings & private sun deck w/ stunning lake views. New white marble master bath leads to large walk-in closet. 4 other spacious bedrooms on this level share 2 Jack-and-Jill bathrooms. Full 3rd level has fab playroom/hangout space w/ lake views, bedroom, & new full bath. The finished LL has rec room, 7th bed, full bath, & professional-level CrossFit equipped gym. Perfect for entertaining inside and out with a one-of-a-kind backyard; mature landscaping by Eiserman and Scott Byron, hardscape by Hersch, & a 20' X 40' Boilini pool w/ water features & integrated jacuzzi. "Smart Home" phone-controlled features w/ Sonos surround sound inside & out, "Control 4" AV system, and "Alexa" voice control. A truly special home w/ comforting sense of warmth and happiness woven throughout. A lifestyle home that lends to the active modern-day family in a premier East Winnetka locale only steps to the beach and parks. Come seek all of the luxuries of Lake Michigan living while being free from the maintenance and taxes of actually living on the shoreline... a rare offering not to be missed!!

Last Agent to Sell the Property

Jena Radnay

@properties Christie's International Real Estate License #475141392 Listed on: 09/17/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Carrie McCormick

@properties Christie's International Real Estate License #475123706

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,670

Year Built | Renovated

  • 2005 | 2017

Lot Details

  • East or West Exposure

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Circular Driveway
  • Side Driveway
  • Gravel Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Home Gym
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Oven or Range
  • Indoor Grill
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Soaking Tub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Spa
  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,670

Year Built | Renovated

2005 | 2017

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Age: 11-15 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 5
  • Ownership: Fee Simple
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 5.2
  • Style Of House: Colonial
  • Type Detached: 3 Stories
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005
  • Year Renovated: 2017

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hot Tub, Bar-Wet, Hardwood Floors, 2nd Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 16
  • Living Room: Dimensions: 24X14, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Grill-Indoor
  • Equipment: Humidifier, Security System, CO Detectors, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Multiple Water Heaters
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Finished, Full
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 7
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 10X6, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Dining Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Butler
  • Additional Rooms: 5th Bedroom, 6th Bedroom, 7th Bedroom, Foyer, Mud Room, Breakfast Room, Office, Bonus, Recreation Room, Exercise Room
  • Master Bedroom: Dimensions: 21X20, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 30X27, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 16X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 3 Name: 7th Bdrm, Dimensions: 14X13, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 16X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 4 Name: Foyer, Dimensions: 17X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Bedroom 4: Dimensions: 20X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 5 Name: Mud, Dimensions: 8X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 6 Name: Breakfast Rm, Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 7 Name: Office, Dimensions: 17X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 8 Name: Bonus, Dimensions: 21X17, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Additional Room 9 Name: Recreation Rm, Dimensions: 41X20, On Level: Basement, Flooring: Carpet, Windows: None
  • Additional Room 10 Name: Exercise Rm, Dimensions: 23X13, On Level: Basement, Flooring: Other, Windows: None
  • Estimated Sq Ft: 7103
  • Dining Room Type: Separate
  • Family Room: Dimensions: 29X18, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Patio
  • Exposure: E (East), W (West)
  • Acreage: 0.5281

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Gravel, Circular, Side Drive
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 203
  • Elementary School: Greeley Elementary School
  • Middle School: Carleton W Washburne School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Junior High Dist: 36

Lot Info

  • Lot Dimensions: 107 X 237 X 116 X 192
  • Lot Description: Water View
  • Parcel Identification Number: 05161060420000

Tax Info

  • Taxes: 56059.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Jan 13, 2021
Sold by
Fotsch Donald J and Fotsch Kate J
Bought by
Jerue James L and Hestia Trust
Seller's Agent
Jena Radnay
@properties Christie's International Real Estate
Buyer's Agent
Carrie McCormick
@properties Christie's International Real Estate
List Price
$3,849,900
Sold Price
$3,500,000
Premium/Discount to List
-$349,900
-9.09%
Current Estimated Value
$4,347,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,342
Avg. Annual Appreciation
4.84%
Original Mortgage
$2,450,000
Interest Rate
2.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2011
Sold by
Lykins Kipp and Carrion Lykins Luz
Bought by
Fotsch Donald J and Fotsch Kate J

Purchase Details

Closed on
Sep 24, 1997
Sold by
Holmquist Jon R and Holmquist Gloriaa
Bought by
Lykins Kipp M and Carrion Lykins Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.25%

Purchase Details

Closed on
Aug 4, 1994
Sold by
Kowing Mcgregor Clyde S and Kowing Mcgregor Joan
Bought by
Holmquist Jon R and Holmquist Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
8.53%
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
Jerue James L $3,500,000 Proper Title
Fotsch Donald J $2,680,000 None Available
Lykins Kipp M $450,000 --
Holmquist Jon R $777,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Compa $10,000,000
Closed Jerue James L $2,450,000
Previous Owner Lykins Kipp M $200,000
Previous Owner Lykins Kipp M $2,000,000
Previous Owner Lykins Kipp M $2,050,000
Previous Owner Lykins Kipp M $90,000
Previous Owner Lykins Kipp M $1,260,000
Previous Owner Lykins Kipp M $1,260,000
Previous Owner Lykins Kipp M $790,000
Previous Owner Lykins Kipp M $700,000
Previous Owner Holmquist Jon R $477,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $3,500,000 -9.1% $493 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $3,849,900 -- $542 / 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 $69,670 $300,518 $64,414 $236,104
2023 $72,746 $300,518 $64,414 $236,104
2022 $72,746 $333,308 $64,414 $268,894
2021 $56,214 $216,603 $62,113 $154,490
2020 $56,484 $221,166 $62,113 $159,053
2019 $56,059 $240,398 $62,113 $178,285
2018 $69,009 $287,709 $50,611 $237,098
2017 $66,879 $287,709 $50,611 $237,098
2016 $63,698 $287,709 $50,611 $237,098
2015 $63,084 $256,401 $46,010 $210,391
2014 $61,729 $256,401 $46,010 $210,391
2013 $58,878 $256,401 $46,010 $210,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10861680

Midwest Real Estate Data (MRED)

APN: 05-16-106-042-0000