NOT LISTED FOR SALE

925 E Illinois Rd Lake Forest, IL 60045

Estimated Value: $1,628,766 - $2,718,000

3 Beds
4 Baths
4,458 Sq Ft
$470/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $1,168,750 $262 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $13,253/month

104 Days on Market

Highlights

  • The property is located in a historic district
  • English Architecture
  • Den
  • Sheridan Elementary School Rated A
  • Heated Sun or Florida Room
  • Attached Garage

About This Home

As of November 2020

Sited on one very private acre behind handsome iron gates, east of Sheridan Road, this is a very special home. It was originally the gardener's cottage to the Cyrus McCormick estate in the 1900's. It was built with exceptional quality and solid construction. Interesting floor plan with opportunity to expand. The greenhouse was rebuilt and serves as terrific living space. Home office on the second floor. Sun room with views of the beautiful private lot. Family Room with vaulted ceiling on the second floor.

Last Agent to Sell the Property

Kelly McInerney

@properties Christie's International Real Estate License #475132674 Listed on: 03/25/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Michael Kaplan

@properties Christie's International Real Estate License #475124982

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,302

Year Built | Renovated

  • 1916 | 2001

Lot Details

  • 0.99

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Den
  • Heated Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Kitchen Island

Utilities

  • SpacePak Central Air
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Breezeway
  • East or West Exposure
  • The property is located in a historic district

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,302

Year Built | Renovated

1916 | 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2001
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: English
  • Type Detached: 2 Stories, Coach House
  • Estimated Year Built: 1916
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916
  • Year Renovated: 2001

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 15X35, On Level: Main Level, Flooring: Hardwood
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X7, On Level: 2nd Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X12, On Level: Main Level
  • Kitchen Type: Island
  • Additional Rooms: Den, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 15X33, On Level: 2nd Level
  • Additional Room 1 Name: Sun/Florida Room Heated, Dimensions: 13X13, On Level: Main Level
  • Additional Room 2 Name: Den, Dimensions: 15X13, On Level: 2nd Level
  • Bedroom 2: Dimensions: 15X18, On Level: 2nd Level
  • Bedroom 3: Dimensions: 8X13, On Level: 2nd Level
  • Estimated Sq Ft: 4458
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X34, On Level: 2nd Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Slate
  • Exterior Property Features: Breezeway
  • Exposure: E (East)
  • Acreage: 0.99

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Space Pac
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • School District: 115
  • Elementary School: Sheridan Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 315X170X223X161
  • Parcel Identification Number: 12343080030000

Tax Info

  • Taxes: 22011.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
Oct 5, 2020
Sold by
Bancroft Jonathan A and Bancroft Krista Belle
Bought by
Femal Peter and Femal Sarah
Seller's Agent
Kelly McInerney
@properties Christie's International Real Estate
Buyer's Agent
Michael Kaplan
@properties Christie's International Real Estate
List Price
$1,275,000
Sold Price
$1,168,750
Premium/Discount to List
-$106,250
-8.33%
Current Estimated Value
$2,094,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$925,839
Avg. Annual Appreciation
11.36%
Original Mortgage
$993,437
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2015
Sold by
Bancroft Robert A and Bancroft Rita E
Bought by
Bancroft Jonathan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$902,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Femal Peter $1,169,000 Proper Title Llc
Bancroft Jonathan A $1,300,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Femal Peter $993,437
Previous Owner Bancroft Jonathan A $902,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $1,168,750 -8.3% $262 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $1,275,000 -- $286 / 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 $26,302 $462,036 $292,384 $169,652
2023 $24,378 $425,918 $269,528 $156,390
2022 $24,378 $409,742 $259,292 $150,450
2021 $23,699 $406,208 $257,056 $149,152
2020 $23,170 $408,455 $258,478 $149,977
2019 $22,012 $400,957 $253,733 $147,224
2018 $27,587 $535,151 $340,146 $195,005
2017 $27,122 $526,205 $334,460 $191,745
2016 $26,013 $500,861 $318,351 $182,510
2015 $25,720 $471,621 $299,766 $171,855
2014 $24,575 $448,770 $269,129 $179,641
2012 $24,088 $452,663 $271,464 $181,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10676559

Midwest Real Estate Data (MRED)

APN: 12-34-308-003