NOT LISTED FOR SALE

701 Lake Ave Wilmette, IL 60091

Estimated Value: $1,615,191 - $2,010,000

3 Beds
3 Baths
2,416 Sq Ft
$757/Sq Ft Est. Value

Last Sold June 30, 2025

Last sale price $1,800,000 $745 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,111/month

45 Days on Market

Highlights

  • Living Room with Fireplace
  • Recreation Room
  • Wood Flooring
  • Central Elementary School Rated A
  • Ranch Style House
  • Formal Dining Room

About This Home

As of June 2025

Recent FULL-SCALE RENOVATION at this 4 bedroom, 3 bath East Wilmette Mid-Century modern ranch. A welcoming foyer with an OVERSIZED ELEVATOR for access to the finished lower level. The first floor features a spacious living room with a handsome stone 2-sided fireplace. The Chef's kitchen, overlooking the dining room, features WoodMode cabinetry, an oversized Cambria quartz island with a table-height sitting area, top-of-the-line appliances (Sub Zero, Wolf, and Miele), and additional storage. Cozy family/sunroom overlooks the yard and connects to the attached 2-car garage. There are 3 bedrooms on the 1st floor plus 2 updated baths with quartz slab surround showers. The lower level features heated floors, two separate large areas for TV, and a game room. Also on the lower level is the 4th bedroom, which has a full bath with an Ultra Therapy tub, 2 large closets, a laundry room with cabinetry, a sink, Maytag appliances, and a large storage/utility room. Beautiful, entirely fenced yard, is professionally landscaped with trees and perennials. The hardscaping features two patios, one Bluestone for the fire pit and the other for grilling & outdoor dining/entertaining. A+ location; easy distance to the beach, town, shopping, schools, and Metra. Note: The front of the home is on 7th Street.

Last Agent to Sell the Property

Mary Baubonis

@properties Christie's International Real Estate License #475128975 Listed on: 04/14/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Carol Prieto

Jameson Sotheby's International Realty License #471009620

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,553

Year Built

  • Built in 1959

Lot Details

  • 9,540 Sq Ft Lot
  • Lot Dimensions are 60 x 159
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Elevator
  • Double Sided Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

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

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessibility Features
  • Doors are 32 inches wide or more

Schools

  • Central Elementary School
  • Wilmette Junior High School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,553

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Finished, Full
  • Accessibility Features: Door Width 32 Inches or More, Hall Width 36 Inches or More
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided
  • Fireplaces: 2
  • Flooring: Hardwood
  • Interior Amenities: Elevator, 1st Floor Bedroom, 1st Floor Full Bath
  • Room Type: Foyer, Recreation Room, Storage
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Central Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Wilmette Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.219
  • Lot Dimensions: 60 X 159
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 18553
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
Jun 3, 2025
Sold by
Binkley John C and Binkley Joanne C
Bought by
Schiffman David and Schiffman Judith Feigon
Seller's Agent
Mary Baubonis
@properties Christie's International Real Estate
Buyer's Agent
Carol Prieto
Jameson Sotheby's International Realty
List Price
$1,800,000
Sold Price
$1,800,000
Views
65
Current Estimated Value
$1,829,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,298
Avg. Annual Appreciation
3.04%

Purchase Details

Listed on
Nov 17, 2015
Closed on
Feb 5, 2016
Sold by
Avenue Development Llc
Bought by
Binkley John C and Binkley Joanne C
Seller's Agent
James Ticus
Jameson Sotheby's International Realty
Buyer's Agent
Margit Nikitas
Berkshire Hathaway HomeServices Chicago
List Price
$715,000
Sold Price
$705,000
Premium/Discount to List
-$10,000
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$528,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 8, 2015
Sold by
Siglin Shirley G and Siglin Steven
Bought by
Avenue Development Llc

Purchase Details

Closed on
Jun 26, 2003
Sold by
Siglin Irvin S
Bought by
Siglin Irvin S and Siglin Shirley G

Purchase Details

Closed on
Apr 2, 1996
Sold by
Siglin Shirley G
Bought by
Siglin Irvin S
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schiffman David $1,800,000 None Listed On Document
Binkley John C $705,000 Ct
Avenue Development Llc $620,000 Ct
Siglin Irvin S -- --
Siglin Irvin S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Binkley John C $528,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold $1,800,000 0.0% $745 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $1,800,000 +155.3% $745 / Sq Ft
02/08/2016 02/08/16 Sold $705,000 -1.4% $294 / Sq Ft View Prior Sale
11/25/2015 11/25/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $715,000 -- $298 / 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
2025 $18,553 $114,000 $31,005 $82,995
2024 $18,553 $87,729 $26,235 $61,494
2023 $17,520 $87,729 $26,235 $61,494
2022 $17,520 $87,729 $26,235 $61,494
2021 $17,447 $73,152 $20,988 $52,164
2020 $17,267 $73,152 $20,988 $52,164
2019 $16,731 $79,514 $20,988 $58,526
2018 $15,301 $70,500 $18,126 $52,374
2017 $16,704 $78,284 $18,126 $60,158
2016 $18,772 $86,364 $18,126 $68,238
2015 $16,715 $67,331 $15,025 $52,306
2014 $16,449 $67,331 $15,025 $52,306
2013 $14,657 $67,331 $15,025 $52,306
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12337657

Midwest Real Estate Data (MRED)

APN: 05-34-202-019-0000