NOT LISTED FOR SALE

881 N Sheridan Rd Lake Forest, IL 60045

Estimated Value: $1,190,000 - $1,892,994

5 Beds
3.5 Baths
4,767 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,100,000 $231 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,565/month

58 Days on Market

Highlights

  • Indoor Pool
  • 0.96 Acre Lot
  • Deck
  • Sheridan Elementary School Rated A
  • Colonial Architecture
  • Dining Room with Fireplace

About This Home

As of June 2024

Incredible opportunity in East Lake Forest! Fabulous .95-acre lot close to Lake Michigan, downtown Lake Forest and Metra. Built by Charles Page in 1966, this 4,767 SF home features 5 bedrooms, 3.1 baths, a 3 car garage, 4 fireplaces and an indoor pool. A huge deck off the open kitchen invites guests outside to the beautiful gardens with koi pond, dog run and hot tub. Unlimited potential! Sold in "AS IS" condition.

Last Agent to Sell the Property

Lisa Trace

@properties Christie's International Real Estate License #475127633 Listed on: 08/06/2023

@properties Christie's International Real Estate

Co-Listed By

Samantha Trace

@properties Christie's International Real Estate License #475187264

Last Buyer's Agent

Julia Podedworny

HomeSmart Connect LLC License #475178703

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,628

Year Built

  • Built in 1966

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 218 x185
  • Corner Lot

Parking

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

Home Design

  • Colonial Architecture
  • Shake Roof

Interior Spaces

  • 4,767 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement
  • Laundry on upper level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,628

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 4
  • Interior Amenities: Skylight(s), Hot Tub, Hardwood Floors, Second Floor Laundry, Pool Indoors
  • LivingArea: 4767
  • Room Type: Bedroom 5, Office, Sitting Room, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Other,Dining Room
  • Square Footage Comments: Total SF 7225 includes indoor pool
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 1299000
  • Lot Features: Corner Lot
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt,Circular
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • 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
  • Middle/Junior School District: 67

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.96
  • Lot Dimensions: 218 X185
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 25627.8
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Podedworny-Taylor Julia and Taylor Gregory
Bought by
Julia Podedworny-Taylor Revocable Trust and Gregory Taylor Revocable Trust
Current Estimated Value
$1,569,499

Purchase Details

Listed on
Aug 6, 2023
Closed on
Jun 28, 2024
Sold by
Seiller Karin
Bought by
Taylor Gregory and Podedworny-Taylor Julia
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
Julia Podedworny
HomeSmart Connect LLC
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.45%

Purchase Details

Closed on
Apr 12, 2010
Sold by
Seiller Karin and The Karin Seiller Revocable Li
Bought by
Seiller Barry L and Seiller Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$913,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2006
Sold by
Seiller Barry L
Bought by
Seiller Karin and Karin Seiller Revocable Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$913,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2006
Sold by
Seiller Karin and The Karin Seiller Revocable Li
Bought by
Seiller Barry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$913,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Seiller Barry L and Seiller Karin C
Bought by
Seiller Karin
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Julia Podedworny-Taylor Revocable Trust -- None Listed On Document
Taylor Gregory $1,100,000 Proper Title
Seiller Barry L -- Natc
Seiller Karin -- None Available
Seiller Barry L -- None Available
Seiller Karin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seiller Barry L $913,000
Previous Owner Seiller Barry L $913,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $1,100,000 -15.3% $231 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $1,299,000 0.0% $272 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $1,299,000 -- $272 / 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 $26,926 $505,547 $294,259 $211,288
2023 $25,628 $443,835 $258,339 $185,496
2022 $25,628 $435,435 $253,450 $181,985
2021 $24,912 $431,679 $251,264 $180,415
2020 $24,644 $434,067 $252,654 $181,413
2019 $23,413 $426,099 $248,016 $178,083
2018 $28,257 $539,026 $330,039 $208,987
2017 $27,321 $530,016 $324,522 $205,494
2016 $26,204 $504,489 $308,892 $195,597
2015 $25,909 $475,037 $290,859 $184,178
2014 $29,859 $543,972 $261,133 $282,839
2012 $29,263 $548,691 $263,398 $285,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11771067

Midwest Real Estate Data (MRED)

APN: 12-28-407-014