NOT LISTED FOR SALE

7722 Cascade Way Unit 3 Gurnee, IL 60031

Estimated Value: $605,000 - $719,000

4 Beds
3.5 Baths
3,142 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $603,000 $192 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,853/month

5 Days on Market

Highlights

  • Home Theater
  • Spa
  • Deck
  • Woodland Elementary School Rated A-
  • Mature Trees
  • Property is near a park

About This Home

As of August 2023

Welcome home to 7722 Cascade Way! This beauty is nestled perfectly on a gorgeous PREMIUM wooded lot in the coveted neighborhood of The Conservancy at Ravinia Woods! This stunning home boasts 4 bedrooms, 3.5 bathrooms, finished walk-out basement, 3-car garage, screened-in porch and a premium location backing directly to the conservancy! Plenty of room for the family with over 4,600 sq ft of total finished living space! The gorgeous exterior boasts newer (2017) siding, gutters and roof, brick front, gorgeous cement driveway with stone paver inlays, and professionally landscaped yard! Enjoy your morning coffee or relax with neighbors on your charming covered front porch! Custom double IRON front doors welcome you into this must-see gem. Open floor plan, filled with high-end designer custom finishes inclusive of wood floors, new neutral carpet (2023), 6 panel solid doors, 9' main level ceilings, and loads of windows that bring in the natural light. The custom updated Chef's kitchen will take your breath away! Gorgeous custom high-end solid wood 42" cabinetry includes crown molding, cabinet paneled appliances trash/recycle bins, appliance garage and under/over cabinet lighting. You'll love the oversized marble island with sink, warming drawer and extra storage! Beautiful granite countertops on perimeter cabinets & Kohler farmhouse sink! Gorgeous pillowed stone backsplash! Commercial stainless steel appliances include a Miele dishwasher, amazing double 27" SUB-ZERO Refrigerators with freezer drawers, and 48" professional Viking range with double oven & griddle top! Incredible eating area that leads to the grand oversized deck with breath-taking views of the back yard & conservancy! The HUGE butler pantry off kitchen boasts porcelain tile floors, an additional sink and loads of storage. Just off the Kitchen is the exquisite great/family room with floor to ceiling windows, crystal chandelier, fireplace and soaring ceilings! The panoramic views of the wooded yard and adjacent conservancy from the entire back of this home are simply breathtaking. Main level office has Double French doors, built-in recessed lighting, and is simply the perfect space for remote work. Host your next dinner party or get together in the stately dining room and adjacent formal living room! YOU will LOVE the recently updated INCREDIBLE laundry/mud room with porcelain tile floors, granite top folding area, gorgeous lighting, CUSTOM built-in cubbies (each with their own individual charging stations) This mud room is every families dream and must see! Just off the mud room is access to the the 3-car garage with extra space for storage, a service door, and an overhead attic. Head upstairs to see four absolutely gorgeous bedrooms, including a primary ensuite with cathedral ceilings! This primary suite includes a beautifully updated LUX bathroom with vaulted ceiling, double bowl vanity, whirlpool tub, separate shower, linen closet, separate water closet and large walk-in closet. Enjoy the scenic views from two more spacious bedrooms overlooking the conservancy. Freshly painted 4th bedroom and refreshed hall bath complete the upstairs of this fabulous GEM. The finished basement walks out to a large screened-in porch with an included 8-10 person hot tub! Enjoy entertaining and family fun with plenty of space for games, exercise equipment and movies. Travertine tile, beautiful dark wood floors, custom cabinets, wet BAR with sink & additional refrigerator, a separate full bath and a 350 sq ft storage area complete this finished walk-out basement! The serene private backyard is surrounded by mature trees, massive deck, screened in porch, patio, and play-set. You will love the convenient access to the wooded trails as you stroll to the Ravinia Park or enjoy a walk through the conservancy. Easy access (just 7 minutes) to I-94 and all that Gurnee has to offer! Furnace, AC and Water Heater replaced 2015. This home is one of a kind, you're going to LOVE it!

Last Agent to Sell the Property

Lisa Wolf

Keller Williams North Shore West License #471008702 Listed on: 06/15/2023

Keller Williams North Shore West

Last Buyer's Agent

Lisa Wolf

Keller Williams North Shore West License #471008702 Listed on: 06/15/2023

Keller Williams North Shore West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,180

Year Built

  • Built in 1998

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 96x97x88x130
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,142 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Bar
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Screened Porch
  • Home Gym
  • Carbon Monoxide Detectors

Kitchen

  • Double Oven
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Deck
  • Screened Patio

Location

  • Property is near a park

Schools

  • Woodland Elementary School
  • Woodland Middle School
  • Warren Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Conservancy Subdivision, Beauty! Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,180

Year Built

Built in 1998

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Conservancy
  • Year Built: 1998
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Range Hood
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 3142
  • Other Equipment: CO Detectors, Sump Pump
  • Room Type: Media Room, Exercise Room, Recreation Room, Office, Deck, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 5514
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Porch, Hot Tub, Screened Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 599900
  • Lot Features: Park Adjacent, Wooded, Mature Trees, Backs to Trees/Woods, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Brick,Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Woodland Elementary School
  • High School: Warren Township High School
  • Middle/Junior School: Woodland Middle School
  • Middle/Junior School District: 50

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 96X97X88X130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 13180.24
  • Tax Year: 2022

MLS Schools

  • Othr Public Sch: Prairie Crossing Charter School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Oct 5, 2023
Sold by
Kagan Marat and Kagan Angela M
Bought by
Kagan Marat and Kagan Angela M
Seller's Agent
Lisa Wolf
Keller Williams North Shore West
Buyer's Agent
Lisa Wolf
Keller Williams North Shore West
List Price
$599,900
Sold Price
$603,000
Premium/Discount to List
$3,100
0.52%
Total Days on Market
5
Views
88
Current Estimated Value
$638,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,662
Avg. Annual Appreciation
3.14%

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 25, 2023
Sold by
Ackerman Timothy J and Ackerman Cathy A
Bought by
Kagan Marat and Kagan Angela M
Seller's Agent
Lisa Wolf
Keller Williams North Shore West
Buyer's Agent
Lisa Wolf
Keller Williams North Shore West
List Price
$599,900
Sold Price
$603,000
Premium/Discount to List
$3,100
0.52%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,400
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2002
Sold by
Siscoe Tim J and Siscoe Kathy A
Bought by
Ackerman Timothy J and Ackerman Cathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Interest Rate
6.25%

Purchase Details

Closed on
Jun 5, 2000
Sold by
Posch Thomas J and Posch Mary K
Bought by
Siscoe Tim J and Siscoe Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,200
Interest Rate
8.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 30, 1998
Sold by
Sundance Suburban Properties Inc
Bought by
Posch Thomas J and Posch Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
5%
Source: Public Records

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Range of Values:

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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
Kagan Marat -- None Listed On Document
Kagan Marat $603,000 Old Republic National Title
Ackerman Timothy J $356,000 Burnet Title Llc
Siscoe Tim J $340,000 --
Posch Thomas J $311,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kagan Marat $482,400
Previous Owner Ackerman Timothy J $320,000
Previous Owner Ackerman Timothy J $131,000
Previous Owner Ackerman Timothy J $246,000
Previous Owner Ackerman Timothy J $280,000
Previous Owner Ackerman Timothy J $284,800
Previous Owner Siscoe Tim J $217,200
Previous Owner Siscoe Tim J $40,000
Previous Owner Posch Thomas J $248,500
Closed Posch Thomas J $31,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $603,000 +0.5% $192 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $599,900 -- $191 / 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 $15,293 $185,146 $24,302 $160,844
2023 $13,180 $163,615 $21,476 $142,139
2022 $13,180 $141,219 $21,483 $119,736
2021 $11,918 $135,553 $20,621 $114,932
2020 $11,537 $132,221 $20,114 $112,107
2019 $11,210 $128,382 $19,530 $108,852
2018 $5,837 $125,987 $20,536 $105,451
2017 $10,743 $122,377 $19,948 $102,429
2016 $10,662 $116,928 $19,060 $97,868
2015 $10,391 $110,896 $18,077 $92,819
2014 $10,051 $108,191 $17,819 $90,372
2012 $9,521 $109,019 $17,955 $91,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11804285

Midwest Real Estate Data (MRED)

APN: 07-19-110-006