NOT LISTED FOR SALE

877 Tower Rd Winnetka, IL 60093

Estimated Value: $2,150,947 - $2,248,000

5 Beds
6.5 Baths
8,402 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $1,500,000 $179 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $13,175/month

7 Days on Market

Highlights

  • Boat Dock
  • New Construction
  • Contemporary Architecture
  • Hubbard Woods Elementary School Rated A
  • Community Lake
  • 3-minute walk to Tower Road Park

About This Home

As of May 2021

A unique and special custom home from a successful and experienced North Shore Builder. A plus location just steps from the lake on a coveted half-acre home site with mature trees lining the property. This custom design makes this Move up, Move down the last home you will ever need for life's complete family cycle. This home is perfect for a moving up young growing family, a moving down couple with occasional guests or a full-time requirement for staff. This private, gated, sophisticated and unique 5 to 6 bedroom, 6 bath new home features a first and second-floor convertible master bedrooms. Dramatically high first floor ceilings, double offices, the builders signature folding glass walls for indoor/outdoor living, a signature kitchen, and a hyper-focused first floor plan for entertaining and everyday living complete this home. A 10' x 50' center axis gallery creates a dramatic entryway with stone interior accent walls, gallery for artwork and flow through focal point to the large rear yard. No custom home would be complete without the chef's oversized kitchen and dining areas flowing to a fabulous vaulted ceiling great room with a folding glass wall that completely retracts to the covered outdoor living space. Imagine entertaining year-round with the see-through outdoor fireplace feature. The interior is complemented by wide plank hardwood flooring, 4' X 4' large format stone tile entryway, dramatic double-sided glass wine cellar and a dining room with huge serving buffet for entertaining. As with all the unique Signature home Projects, full customization is available with our in house design and build team, backed by the stability 63 years as a design-build leader. Just a few steps from Sheridan Road and Lake Michigan, Tower Road Beach, Park and the all-new Lloyd Beach and boat launch. Two blocks from Hubbard Woods shopping district and METRA train. 877 Tower road is a stellar 1/2 acre location in Winnetka and is a legitimate walking distance to everything a family needs 365 days a year.

Last Agent to Sell the Property

Ted Widen

Baird & Warner License #475192178 Listed on: 04/23/2021

Baird & Warner

Co-Listed By

Mark Kaplan

Berkshire Hathaway HomeServices Chicago License #475072405

Last Buyer's Agent

John Nash

Jameson Sotheby's International Realty License #475097425

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,499

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Lot Dimensions are 133x208x57x227
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Contemporary Architecture
  • Shake Roof

Interior Spaces

  • 8,402 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • 1 Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Hubbard Woods Elementary School
  • Carleton W Washburne Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Outdoor Kitchen
  • Property is near a park

Community Details

Overview

  • Community Lake

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,499

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Year Built: 2021
  • Age: NEW Proposed Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New/Proposed Construction Options: Air Purifier/Humidifier,Appliance Package/Allowance,Bsmnt/Lower Lvl Exterior Exit,Bsmnt/Lower Lvl Finished,Bsmnt/Lower Lvl Stubd in Bath,Central Air,Central Air Ready,Deck/Patio/Screened Porch,Electrical Allowance,Energy Efficient Package,Exterior Brick/Cedar,Fireplace,Basement,Garage,Hardwood/Ceramic Floors,Hot Tub/Pool,Landscaping,Oak Trim/Oak Staircase,Roof Cedar/Shakes/Tile,Skylight/s,Upgrade Carpet/Pad/Vinyl,Upgrade Interior/Exterior Doors,Vaulted/Cathedral Ceiling,Vinyl Clad Windows,Whirlpool Tub,Wood Windows,Lighting Allowance,Flooring Allowance,Wood Laminate Flooring,Upgraded Siding,Upgraded Roofing,Upgraded Insulation,Upgraded Cabinets And Counters,Zoned Heating/Cooling,Floor Plan Modifications Allowed
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 8402
  • Room Type: Bedroom 5, Office, Walk In Closet
  • Estimated Total Finished Sq Ft: 6102
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 6102
  • Total Sq Ft: 8422
  • Upper Level Sq Ft: 1720
  • Attic: Unfinished
  • Main Level Sq Ft: 4382
  • Unfinished Lower Sq Ft: 2320
  • Kitchen: Eating Area-Table Space,Island,Pantry-Closet
  • MRD_MBB: Full
  • Master Bedroom Dimensions: 19X16

Exterior Features

  • DirectionFaces: North
  • List Price: 3499000
  • OtherStructures: Outdoor Kitchen
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Stone,Other

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Dock, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hubbard Woods Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Carleton W Washburne School
  • Middle/Junior School District: 36

Lot Info

  • Lot Dimensions: 133X208X57X227
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 9499.32
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 26, 2021
Sold by
Michael Bennett Homes Llc
Bought by
Shaybeck Llc
Seller's Agent
Ted Widen
Baird & Warner
Buyer's Agent
John Nash
Jameson Sotheby's International Realty
Sold Price
$1,500,000
Total Days on Market
7
Current Estimated Value
$2,199,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$699,474
Avg. Annual Appreciation
0.12%

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 24, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Kaplan Mark
Seller's Agent
Mary Grant
@properties Christie's International Real Estate
Buyer's Agent
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
List Price
$925,000
Sold Price
$725,000
Premium/Discount to List
-$200,000
-21.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7100.66%
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
Shaybeck Llc $1,500,000 Chicago Title
Kaplan Mark $725,000 Citywide Title Corporation
Michael Bennett Homes Llc $725,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $1,500,000 -57.1% $179 / Sq Ft
05/07/2021 05/07/21 For Sale -- -- --
04/30/2021 04/30/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $3,499,000 +382.6% $416 / Sq Ft
03/24/2021 03/24/21 Sold $725,000 -21.6% --
01/27/2021 01/27/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $925,000 -- --
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 $9,935 $45,522 $45,522 --
2023 $9,935 $45,522 $45,522 --
2022 $9,935 $45,522 $45,522 $0
2021 $11,277 $43,453 $43,453 $0
2020 $11,097 $43,453 $43,453 $0
2019 $10,133 $43,453 $43,453 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11064385

Midwest Real Estate Data (MRED)

APN: 05-17-202-054-0000