86 Prospect Ave Highland Park, IL 60035
East Highland Park Neighborhood
7
Beds
12
Baths
10,025
Sq Ft
0.86
Acres
Highlights
- Water Views
- In Ground Pool
- Multiple Garages
- Indian Trail Elementary School Rated A
- Sauna
- Heated Floors
About This Home
As of October 2024Unparalleled setting, location and design best describe this timeless Brick, Stucco and Limestone Estate, sited on nearly an acre of park-like property in coveted East Highland Park steps from Lake Michigan. This custom built home offers a blend of luxury and comfort with incredible attention to detail and craftmanship for well known North Shore builder, as his own residence. Upon arrival, a circular pebble and stone driveway welcome you to this exquisite home enhanced by a porte cochere and gated motor court leading to a heated 5-car Garage. World class Kitchen boasting custom cabinetry, a marble and walnut island, Viking and Wolf appliances, Traulsen Refrigerator/Freezer, a commercial walk-in Refrigerator along with Sub Zero drawers and many more amenities to excite any cook. Adjacent sun drenched Breakfast Room and the expansive Dining Room with wood burning Fireplace accommodate casual or formal dining. Spacious Family Room and the glorious Sun Room's beautiful French doors provide access to covered Patio overlooking Pool, Firepit and lushly landscaped property. Warm and handsome Den/Library, conveniently located Mud Room and Laundry Room and an additional Office completes the Main Floor. Private and tranquil Primary suite features a wood-burning Fireplace, two luxurious Baths, two custom walk-in closets, a walk-out balcony overlooking exquisite property and an additional 2nd floor Laundry Room. Four additional Bedroom Suites, a Seating Area and a hidden play area grace the 2nd floor. 3rd Floor features a Gym, Massage Room and Multi Purpose space perfect for Yoga, Meditation or children's Play Area. Walk-out Lower Level is a retreat in itself, featuring two additional guest Bedroom Suites and a Kitchen making for the perfect In-Law Suite, a large Recreation Room and Cabana Bath/Changing Area with convenient access to the 45' Heated Pool with Sun Shelf, Fountains and Slide. Elevator, whole house Generator, and an Irrigation System are just a few more of the many amenities offered. This exceptional property presents a rare and exciting opportunity that not only checks off all of the boxes but also goes above and beyond. It's the perfect time to start creating your own family memories at 86 Prospect Avenue!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $83,342
Year Built
- Built in 2006
Lot Details
- 0.86 Acre Lot
- Lot Dimensions are 237x180
- Cul-De-Sac
- Fenced Yard
- Landscaped Professionally
- Sprinkler System
- Wooded Lot
- Garden
Parking
- 5 Car Attached Garage
- Multiple Garages
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Traditional Architecture
- Slate Roof
- Concrete Perimeter Foundation
Interior Spaces
- 10,025 Sq Ft Home
- 3-Story Property
- Elevator
- Built-In Features
- Bookcases
- Bar Fridge
- Dry Bar
- Historic or Period Millwork
- Beamed Ceilings
- Coffered Ceiling
- Vaulted Ceiling
- Wood Burning Fireplace
- Stubbed Gas Line For Fireplace
- Fireplace With Gas Starter
- Fireplace Features Masonry
- Blinds
- Atrium Doors
- Entrance Foyer
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- 6 Fireplaces
- Breakfast Room
- Formal Dining Room
- Home Office
- Library with Fireplace
- Play Room
- Storage Room
- Sauna
- Home Gym
- Water Views
Kitchen
- Built-In Double Oven
- Gas Oven
- Indoor Grill
- Gas Cooktop
- Range Hood
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Heated Floors
- Terracotta
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- Bidet
- Whirlpool Bathtub
- Double Shower
- Steam Shower
- Garden Bath
- European Shower
- Shower Body Spray
Laundry
- Laundry Room
- Laundry in multiple locations
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- 9 Foot Basement Ceiling Height
- Sump Pump
- Bedroom in Basement
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Storage
Home Security
- Home Security System
- Intercom
- Storm Screens
- Carbon Monoxide Detectors
- Fire Sprinkler System
Eco-Friendly Details
- Air Purifier
Outdoor Features
- In Ground Pool
- Balcony
- Patio
- Fire Pit
- Exterior Lighting
- Shed
- Pergola
- Outdoor Grill
Schools
- Indian Trail Elementary School
- Edgewood Middle School
- Highland Park High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Cooling System Powered By Gas
- Electric Air Filter
- Humidifier
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Power Generator
- Lake Michigan Water
- Multiple Water Heaters
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Community Lake
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Oct 14, 2024
Sold by
Declaration Of Trust Of Juli Lyn Jacobs and Jacobs Juli Lyn
Bought by
Trust Number 9002347063 and Chicago Title Land Trust
Seller's Agent
Beth Alberts
Compass
Buyer's Agent
Joe Tyler Gerber
Compass
List Price
$3,495,000
Sold Price
$3,422,500
Premium/Discount to List
-$72,500
-2.07%
Views
206
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
$2,893
Avg. Annual Appreciation
-2.90%
Original Mortgage
$2,738,000
Outstanding Balance
$2,676,700
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
$660,343
Purchase Details
Closed on
Jul 29, 2008
Sold by
Jacobs Keith and Jacobs Julie
Bought by
Jacobs Juli Lyn and Declaration Of Trust Of Juli L
Similar Homes in Highland Park, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,422,500 | Chicago Title | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,738,000 | New Conventional | |
| Previous Owner | $150,000 | Stand Alone Second | |
| Previous Owner | $3,000,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $2,000,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2024 10/16/24 | Sold | $3,422,500 | -2.1% | $341 / Sq Ft |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | For Sale | $3,495,000 | -- | $349 / 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 | $97,731 | $1,244,821 | $103,023 | $1,141,798 |
| 2023 | $83,342 | $1,122,067 | $92,864 | $1,029,203 |
| 2022 | $83,342 | $931,482 | $102,016 | $829,466 |
| 2021 | $76,877 | $900,418 | $98,614 | $801,804 |
| 2020 | $74,388 | $900,418 | $98,614 | $801,804 |
| 2019 | $71,870 | $896,206 | $98,153 | $798,053 |
| 2018 | $74,521 | $984,081 | $108,912 | $875,169 |
| 2017 | $73,361 | $978,406 | $108,284 | $870,122 |
| 2016 | $70,793 | $931,460 | $103,088 | $828,372 |
| 2015 | $68,711 | $865,428 | $95,780 | $769,648 |
| 2014 | $71,109 | $874,469 | $85,518 | $788,951 |
| 2012 | $69,105 | $879,571 | $86,017 | $793,554 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Alberts
Seller's Agent in 2024
Beth Alberts
Compass
(773) 991-2560
22 in this area
160 Total Sales
-
Joe Tyler Gerber
Buyer's Agent in 2024
Joe Tyler Gerber
Compass
(847) 544-9666
6 in this area
160 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11961061
APN: 16-24-305-004
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