NOT LISTED FOR SALE

718 Park Ave Winnetka, IL 60093

Estimated Value: $4,229,000 - $4,936,703

6 Beds
9 Baths
6,520 Sq Ft
$702/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $3,800,000 $583 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $30,861/month

23 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Attached Garage
  • 2-minute walk to Sheridan Park
  • Greeley Elementary School Rated A
  • Heated Garage

About This Home

As of February 2022

A long tree-lined drive leads to this beautiful and newer (2004) brick & limestone 5+1 bedroom/7.2 bath exclusive east Winnetka home with welcoming circular drive. Custom built and designed by North Shore's renowned Leigh Gignilliant, 718 Park Avenue offers over 6,500 square feet of impeccably designed interiors on 2 floors plus an extensive finished basement with above ground views! Situated on .6 lush acres with lovely limestone patios with pergolas, a separate gas firepit & grilling patio, and a sprawling fenced hardscape-walled backyard with iron gates. This private oasis is unparalleled!!! Inside is impressive, offering a dramatic 2-story entry foyer and gracious layout with an easy flow between generously-sized main rooms. Gleaming hardwood floors, floor-to-ceiling windows, custom 8' solid core doors, custom moldings, millwork & wainscoting, airy wood-beamed ceilings & 8 gas fireplaces heighten the allure. Lounge with guests in the inviting living room with French doors to Juliette balconies overlooking gorgeous grounds. A wainscoted dining room with herringbone wood floors and elegant fireplace, butler's pantry, stunning open-concept custom chef's kitchen with premium-grade appliances, and sun-filled breakfast room with glass doors to the patio make hosting seamless. The warm and impressive (18' x 23') handsome cherry-walled library is complimented by a wall of custom built-ins, magnificent stone fireplace, herringbone patterned hardwood flooring and multiple exterior French doors. Relax in the 2-story family room with a floor-to-ceiling stone fireplace, custom entertainment center & multiple French doors to its sprawling patio. Its bright sunroom with travertine flooring offers additional coveted space and backyard views. A luxurious primary bedroom retreat boasts a magnificent center crystal chandelier, a lovely fireplace flanked by crystal sconces, tall arched windows, and his & her custom walk-in closets. The master bathroom has a walk-in steam shower, lush Whirlpool spa tub, custom vanities, and radiant heated floors. 4 additional 2nd floor bedrooms are all ensuite, including a private 2nd floor guest suite with sky-lit marble bath. A large and well-outfitted laundry room is also conveniently located on this 2nd floor. The lower level extends the comfort with a large recreational room with brick fireplace and outside views, kitchenette, home theater with 100" screen & 8 power recliner theater seats, handsome Ralph Loren inspired billiards room with fireplace, gym or 6th bedroom, temperature controlled 1500-bottle wine cellar, 2 full baths & additional laundry room. Other highlights are a mudroom with half bath, 2 laundry rooms, front and back staircases to all 3 levels, custom-outfitted closets, state-of-the-art updated mechanicals, central vacuum, a 3-car radiant heated attached garage with epoxy flooring, gas generator, slate roof with copper gutters, professional landscaping with in-ground irrigation. The list goes on! Not to be missed is the lovely sidewalk path and cut through, adjacent to the property, that leads to Prospect Avenue, town and train. Rarely does such a compelling and extraordinary residence like this become available......just steps to Lake Michigan, public beaches, parks, town and the Metra.

Last Agent to Sell the Property

Monica Corbett

Compass License #475140187 Listed on: 12/15/2021

Compass

Last Buyer's Agent

Karen Arenson

Engel & Voelkers Chicago North Shore License #471000309

Engel & Voelkers Chicago North Shore

Home Details

Home Type

  • Single Family

Year Built

  • 2004

Lot Details

  • 0.58

Parking

  • Attached Garage
  • Heated Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Fireplace in Primary Bedroom
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Library with Fireplace
  • Fireplace in Kitchen

Finished Basement

  • Fireplace in Basement
  • Finished Basement Bathroom

Home Details

Home Type

Single Family

Year Built

2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Pine Street east to Maple Street; Maple north to Park Avenue, west to 718 Park Avenue
  • Lot Size: 100X179X85X100X209
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Has Basement: Full
  • Fireplace Features: Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement,Den/Library,Dining Room,Kitchen
  • Total Sq Ft: 0
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplaces: 8
  • Dining Room Type: Bedroom 5, Bedroom 6, Breakfast Room, Game Room, Library, Pantry, Play Room, Sitting Room, Sun Room, Theatre Room

Exterior Features

  • Roof: Slate
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 3
  • Driveway: Asphalt,Brick,Circular
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Radiant, Sep Heating Systems - 2+, Zoned
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School #2: The Skokie School
  • Junior High Dist: 203
  • Middle Or Junior School: Carleton W Washburne School

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 75592
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Feb 24, 2022
Sold by
Lu Xiaohang and Fei Zhonghai
Bought by
Roche Liliana G and Liliana G Roche Revocable Trust
Seller's Agent
Monica Corbett
Compass
Buyer's Agent
Karen Arenson
Engel & Voelkers Chicago North Shore
List Price
$3,800,000
Sold Price
$3,800,000
Current Estimated Value
$4,579,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$779,234
Avg. Annual Appreciation
4.92%

Purchase Details

Listed on
Dec 15, 2021
Closed on
Feb 18, 2022
Sold by
Lu Xiaohang and Fei Zhonghai
Bought by
Roche Liliana G and Liliana G Roche Revocable Trust
Seller's Agent
Monica Corbett
Compass
Buyer's Agent
Karen Arenson
Engel & Voelkers Chicago North Shore
List Price
$3,800,000
Sold Price
$3,800,000

Purchase Details

Closed on
Mar 16, 2017
Sold by
Roche Collin E and Roche Liliana G
Bought by
Lu Xiaohang

Purchase Details

Closed on
Apr 29, 2005
Sold by
G R Development Inc
Bought by
Roche Collin E and Roche Liliana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,243,318
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2004
Sold by
Gignilliat Leigh R and Roetman Gignilliat Audrey
Bought by
G R Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,689,900
Interest Rate
5.95%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 6, 2003
Sold by
Rattner Zachary G and Kim Kathleen M
Bought by
Gignilliat Leigh R and Roetman Audrey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$927,500
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 1996
Sold by
Plauche L Roger and Plauche Allison B
Bought by
Kim Kathleen and Rattner Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
8.1%
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
Roche Liliana G -- --
Roche Liliana G -- --
Lu Xiaohang $3,150,000 Fidelity National Title
Roche Collin E $4,000,000 Lawyers
G R Development Inc -- Lawyers
Gignilliat Leigh R $1,325,000 Cti
Kim Kathleen $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roche Collin E $3,243,318
Previous Owner G R Development Inc $2,689,900
Previous Owner Gignilliat Leigh R $927,500
Previous Owner Kim Kathleen $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $3,800,000 0.0% $583 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
12/15/2021 12/15/21 For Sale $3,800,000 -- $583 / 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 $82,996 $390,000 $69,009 $320,991
2024 $82,996 $358,000 $84,345 $273,655
2023 $78,135 $358,000 $84,345 $273,655
2022 $78,135 $358,000 $84,345 $273,655
2021 $76,816 $295,989 $57,507 $238,482
2020 $75,593 $295,989 $57,507 $238,482
2019 $75,025 $321,728 $57,507 $264,221
2018 $65,577 $273,398 $49,840 $223,558
2017 $63,552 $273,398 $49,840 $223,558
2016 $60,529 $273,398 $49,840 $223,558
2015 $64,093 $260,504 $41,533 $218,971
2014 $62,717 $260,504 $41,533 $218,971
2013 $59,820 $260,504 $41,533 $218,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11286992

Midwest Real Estate Data (MRED)

APN: 05-16-103-018-0000