NOT LISTED FOR SALE

761 Summit Ave Lake Forest, IL 60045

Estimated Value: $748,000 - $997,000

2 Beds
2.5 Baths
2,074 Sq Ft
$437/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $750,000 $362 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,793/month

Highlights

  • Fireplace in Primary Bedroom
  • 2 Car Detached Garage
  • Resident Manager or Management On Site
  • Sheridan Elementary School Rated A
  • Living Room
  • 4-minute walk to West Park

About This Home

As of November 2024

One-of-a-kind in-town vintage farmhouse with charm and elegance, in an incredible location across from West Park and one block from downtown Lake Forest. You can't help but fall in love with the details and finishes offered by this Lake Forest gem. This home features a picture-perfect front porch with New Orleans copper gaslight lanterns, newly refinished wide plank wood floors & brand new upgraded carpet upstairs. On the first floor enjoy the open-concept living space with tons of natural light & chef's kitchen. Chef's kitchen featuring custom cabinetry and luxury appliances. The first-floor laundry is adjacent to the kitchen with an updated powder room. The second floor has two primary bedrooms, each with its own fireplace and private baths. One bedroom also features a sitting room with a wall of windows overlooking the private courtyard. Off the family room is access to the covered walkway which attaches the home to the large 2+ car carriage garage. The basement has great storage. The oversized 2+ car garage has stairs to an enormous, floored attic ideal for even more storage. Near shops, restaurants, trains, parks, and schools, this home is ready for you to move right in and enjoy! Professionally managed and maintained. 6 - 12 month leases considered. 1-month security deposit with approved application. Utilities are a tenant responsibility.

Last Agent to Rent the Property

Rachell Runion

TruHaven Homes, LLC License #471020067 Listed on: 10/17/2024

Last Renter's Agent

Rachell Runion

TruHaven Homes, LLC License #471020067 Listed on: 10/17/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 4,487

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • 2,074 Sq Ft Home
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Fireplace in Primary Bedroom

Schools

  • Lake Forest High School

Additional Features

  • Lot Dimensions are 125x36
  • Forced Air Heating and Cooling System

Community Details

  • Resident Manager or Management On Site

Listing and Financial Details

  • Security Deposit $3,995
  • Property Available on 10/11/24
  • Rent includes parking, exterior maintenance, lawn care

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

4,487 Sq Ft Lot

Parking

2

Rental Info

  • Available Date: 2024-10-11
  • Lease Term: 12 Months,Short Term Lease
  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Detached
  • Rental Price: 3995
  • Security Deposit: 3995
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee,Refundable Damage Deposit

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Property Sub-Type: Detached
  • Year Built: 1936
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Non-Smoking House
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Furnished: No
  • LivingArea: 2074
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Master Bedroom,Bedroom
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Deposit Required
  • Rent Includes: Parking, Exterior Maintenance, Lawn Care
  • Management: Manager Off-site

Schools

  • High School: Lake Forest High School

Lot Info

  • Lot Dimensions: 125X36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Nov 13, 2023
Sold by
Lamphere Gordon C and Lamphere Lillian
Bought by
King David T and Mostic Hajdi
Seller's Agent
Ann Lyon
@properties Christie's International Real Estate
Buyer's Agent
Jacqueline Casino
Redfin Corporation
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Views
76
Current Estimated Value
$907,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,347
Avg. Annual Appreciation
8.40%

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 24, 2018
Sold by
Mahoney Suzanne Brown
Bought by
Lamphere Gordon C
Seller's Agent
Lori Glattly
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Marcia Rowley
Coldwell Banker Realty
List Price
$689,000
Sold Price
$670,000
Premium/Discount to List
-$19,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%

Purchase Details

Listed on
May 22, 2015
Closed on
Jul 22, 2015
Sold by
Collins Ann H
Bought by
Mahoney Suzanne Brown
Seller's Agent
Sondra Douglass
@properties Christie's International Real Estate
Buyer's Agent
Lori Glattly
Berkshire Hathaway HomeServices Chicago
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$488,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 1994
Sold by
Ingersoll John S and Ingersoll Patricia K
Bought by
Collins Ann H
Source: Public Records
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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
King David T $750,000 Chicago Title
Lamphere Gordon C $670,000 Fort Dearborn Title
Mahoney Suzanne Brown $610,000 Ct
Collins Ann H $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahoney Suzanne Brown $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Rented $3,750 -6.1% --
11/01/2024 11/01/24 Price Changed $3,995 -11.1% $2 / Sq Ft
10/25/2024 10/25/24 Price Changed $4,495 -4.4% $2 / Sq Ft
10/17/2024 10/17/24 For Rent $4,700 0.0% --
11/13/2023 11/13/23 Sold $750,000 -6.1% $362 / Sq Ft View Prior Sale
10/18/2023 10/18/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $799,000 +19.3% $385 / Sq Ft
05/25/2018 05/25/18 Sold $670,000 -2.8% $323 / Sq Ft View Prior Sale
04/18/2018 04/18/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $689,000 +13.0% $332 / Sq Ft
07/29/2015 07/29/15 Sold $610,000 -6.0% $332 / Sq Ft View Prior Sale
06/14/2015 06/14/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $649,000 -- $353 / 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 $12,234 $230,528 $56,099 $174,429
2023 $11,061 $202,388 $49,251 $153,137
2022 $11,061 $189,192 $46,040 $143,152
2021 $10,752 $187,560 $45,643 $141,917
2020 $10,512 $188,597 $45,895 $142,702
2019 $9,986 $185,135 $45,053 $140,082
2018 $8,218 $163,664 $59,567 $104,097
2017 $8,077 $160,928 $58,571 $102,357
2016 $7,737 $153,177 $55,750 $97,427
2015 $7,213 $136,582 $52,495 $84,087
2014 $6,649 $125,754 $47,129 $78,625
2012 $6,530 $126,845 $47,538 $79,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12184433

Midwest Real Estate Data (MRED)

APN: 12-33-104-009

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