741 Prospect Ave Winnetka, IL 60093
Estimated Value: $2,911,000 - $3,113,000
4
Beds
4.5
Baths
4,235
Sq Ft
$712/Sq Ft
Est. Value
Highlights
- 0.94 Acre Lot
- Colonial Architecture
- Wood Flooring
- Greeley Elementary School Rated A
- Fireplace in Primary Bedroom
- Main Floor Bedroom
About This Home
As of April 2022Sited on nearly an acre (.94) in a prime East Winnetka location this glamorous white brick residence was designed by renowned architect Jerome Cerny and more recently rebuilt and expanded. The home is prominently located on East Winnetka's most desirable street. The elegant floor plan is introduced by a stunning circular foyer that flows graciously into both the formal and casual areas of the home. The main floor formal rooms are spacious with impeccable decor, elegant architectural details, large windows, high ceilings and beautiful views of the extensive property. An updated three exposure white kitchen and breakfast room open through French doors to a grand blue stone terrace with seasonal views of Lake Michigan. There is a comfortable family room with fireplace that enjoys access to the terrace and lovely southern scenery. A private office wing offers a quiet get-away or possibilities for a first floor bedroom suite. The 25x16 master bedroom with updated bath and dressing rooms has a handsome fireplace and French doors to the extensive front balcony. The family bedrooms are queen-sized with private, updated baths. There is a walk-up attic, pristine basement w playroom and an attached 2+car garage. The location is ideal being amidst other distinctive homes on large lots yet minutes from the conveniences of downtown Winnetka and the beauty of the lakeshore.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #475140207 Listed on: 01/18/2021
Last Buyer's Agent
@properties Christie's International Real Estate License #475144376
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,216
Year Built
- Built in 1942 | Remodeled in 1992
Lot Details
- 0.94 Acre Lot
- Lot Dimensions are 241 x 220 x 205 x 55 x 43
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slate Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,235 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Wood Burning Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Play Room
- Storage Room
- Wood Flooring
- Partially Finished Basement
- Partial Basement
- Home Security System
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Patio
Schools
- Greeley Elementary School
- Carleton W Washburne Middle School
- New Trier Twp High School Northfield/Wi
Utilities
- Forced Air Zoned Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- 200+ Amp Service
- Cable TV Available
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2021
Closed on
Apr 13, 2022
Sold by
Mccracken David E
Bought by
Peter G Scherner Trust
Seller's Agent
Betsy Burke
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Karin Zawaski
@properties Christie's International Real Estate
Sold Price
$2,500,000
Total Days on Market
393
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,032
Avg. Annual Appreciation
7.17%
Purchase Details
Closed on
Dec 31, 2009
Sold by
Deli Mary Jo and Laviolette Mary Jo
Bought by
Mccracken David E
Purchase Details
Closed on
Oct 1, 1998
Sold by
Deli Steven F
Bought by
Deli Mary Jo L
Similar Homes in Winnetka, IL
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peter G Scherner Trust | $2,500,000 | Chicago Title | |
| Scheffler Peter G | -- | -- | |
| Mccracken David E | $2,100,000 | Multiple | |
| Deli Mary Jo L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Deli Mary Jo L | $1,600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/13/2022 04/13/22 | Sold | $2,500,000 | -9.1% | $590 / Sq Ft |
| 02/15/2022 02/15/22 | Pending | -- | -- | -- |
| 06/14/2021 06/14/21 | For Sale | -- | -- | -- |
| 06/06/2021 06/06/21 | Pending | -- | -- | -- |
| 05/05/2021 05/05/21 | Price Changed | $2,750,000 | -3.5% | $649 / Sq Ft |
| 03/13/2021 03/13/21 | Price Changed | $2,850,000 | -3.4% | $673 / Sq Ft |
| 01/18/2021 01/18/21 | For Sale | $2,950,000 | -- | $697 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $49,725 | $233,987 | $116,987 | $117,000 |
| 2023 | $49,725 | $233,987 | $116,987 | $117,000 |
| 2022 | $49,725 | $233,987 | $116,987 | $117,000 |
| 2021 | $43,809 | $174,800 | $91,842 | $82,958 |
| 2020 | $43,216 | $174,800 | $91,842 | $82,958 |
| 2019 | $42,867 | $190,000 | $91,842 | $98,158 |
| 2018 | $53,160 | $227,814 | $79,597 | $148,217 |
| 2017 | $51,544 | $227,814 | $79,597 | $148,217 |
| 2016 | $49,490 | $227,814 | $79,597 | $148,217 |
| 2015 | $45,394 | $189,000 | $66,330 | $122,670 |
| 2014 | $44,442 | $189,000 | $66,330 | $122,670 |
| 2013 | $42,365 | $189,000 | $66,330 | $122,670 |
Source: Public Records
Agents Affiliated with this Home
-
Betsy Burke
Seller's Agent in 2022
Betsy Burke
Berkshire Hathaway HomeServices Chicago
(847) 565-4264
15 in this area
66 Total Sales
-
Karin Zawaski
Buyer's Agent in 2022
Karin Zawaski
@ Properties
(847) 867-0591
10 in this area
26 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10973664
APN: 05-16-101-024-0000
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