$1,220,000
SOLD NOV 14, 2025

873 Summit Ave Lake Forest, IL 60045

4 Beds
4 Baths
2,948 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$414 Per Sq Ft

8% Below List Price

32 Days on Market

Highlights

  • Property is near park
  • Recreation Room
  • Wood Flooring
  • Sheridan Elementary School Rated A
  • Traditional Architecture
  • 3-minute walk to West Park

About This Home

As of November 2025

This impeccably maintained and beautifully updated classic Lake Forest residence is a must-see featuring a view from the front porch that overlooks one of the city's prized possessions, West Park. New tennis courts, vast open fields, a baseball diamond, and an ice-skating rink in the winter are all "just across the street" from this truly exceptional property. This lovely home offers a center entrance foyer with French doors opening to a formal dining room on one side and another set of French doors opening to a living room with brick fireplace and built-ins on the other. A third set of French doors takes you from the living room to the adjacent study. Off the study is a huge family room overlooking a gorgeous brick patio and beautifully landscaped back yard. The updated kitchen features cherry cabinetry, granite counter tops, stainless steel appliances, and a breakfast bar. There's a dining area as well where the kitchen transitions into the family room. Note, too, the centrally located main-floor powder room. The second story features 4 bedrooms with 2 updated bathrooms. Beautiful hardwood floors are featured in all primary living areas on both the first and second floors. Newer thermo-pane windows are to be found throughout the first and second floor as well. For additional space, there's a fabulous, finished basement with 2 large independent rec rooms as well as a second half bathroom. Located just a short walk to Market Square and the commuter train. A beautiful property in one of Lake Forest's most sought-after locations. Truly an exceptional find.

Last Agent to Sell the Property

William Castle

Berkshire Hathaway HomeServices Chicago License #475077692 Listed on: 06/18/2025

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Marina Carney

Compass License #475123100

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,339

Year Built

  • Built in 1923

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 48x135x49x134
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,948 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Utility Room with Study Area
  • Wood Flooring

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Outdoor Grill
  • Porch

Location

  • Property is near park

Schools

  • Sheridan Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Tennis Courts

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,339

Year Built

Built in 1923

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Finished, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Flooring: Hardwood
  • LivingArea: 2948
  • Room Type: Family Room, Foyer, Recreation Room, Study
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Stucco
  • ExteriorFeatures: Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Garage(s)
  • Patio And Porch Features: Porch, Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sheridan Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 48X135X49X134
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 15339
  • Tax Year: 2024
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2025
Sold by
Anne C Taylor Trust and Taylor Anne C
Bought by
Gilbertson Stella
Current Estimated Value
$1,254,853

Purchase Details

Closed on
Apr 28, 2011
Sold by
Taylor Ronald D and Taylor Anne C
Bought by
Taylor Anne C and Anne C Taylor Trust

Purchase Details

Closed on
Sep 12, 2005
Sold by
Kraft Charles J and Kraft Monique S
Bought by
Taylor Ronald D and Taylor Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2004
Sold by
Prudential Residential Service
Bought by
Soares Kraft Iii Charles J and Soares Kraft Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2004
Sold by
Westenberger Richard and Westenberger Elizabeth M
Bought by
Prudential Residential Service Lp and Prudential Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Westenberger Richard F and Westenberger Elizabeth M
Bought by
Westenberger Elizabeth M and Elizabeth M Westenberger Trust

Purchase Details

Closed on
Apr 24, 2001
Sold by
Griffith Christopher and Griffith Maureen A
Bought by
Westenberger Richard F and Westenberger Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7%

Purchase Details

Closed on
Jun 24, 1994
Sold by
First Midwest Trust Company Na
Bought by
Griffith Christopher and Griffith Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
8.66%
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 Type Sale Price Title Company
Deed $1,220,000 Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed $861,000 Chicago Title Insurance Comp
Warranty Deed $770,000 --
Warranty Deed $770,000 Ticor
Interfamily Deed Transfer -- Ticor Title Insurance Compan
Interfamily Deed Transfer -- --
Warranty Deed $660,000 Chicago Title Insurance Co
Trustee Deed $236,000 Intercounty Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $320,000 Purchase Money Mortgage
Previous Owner $616,000 Purchase Money Mortgage
Previous Owner $375,000 No Value Available
Previous Owner $203,150 No Value Available
Closed $77,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Sold $1,220,000 -7.9% $414 / Sq Ft
07/20/2025 07/20/25 Pending -- -- --
06/18/2025 06/18/25 For Sale $1,325,000 -- $449 / 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 $14,734 $272,484 $82,229 $190,255
2023 $13,453 $250,110 $72,191 $177,919
2022 $13,453 $233,802 $67,484 $166,318
2021 $13,074 $231,786 $66,902 $164,884
2020 $12,785 $233,068 $67,272 $165,796
2019 $12,144 $228,790 $66,037 $162,753
2018 $6,789 $245,007 $87,931 $157,076
2017 $11,987 $240,911 $86,461 $154,450
2016 $11,476 $229,308 $82,297 $147,011
2015 $11,319 $215,920 $77,492 $138,428
2014 $10,289 $191,342 $69,571 $121,771
2012 $10,095 $193,002 $70,175 $122,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12396732

Midwest Real Estate Data (MRED)

APN: 12-28-311-007

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