Seller's Agent in 2020
Ann Lyon
@ Properties
(847) 828-9991
13 in this area
139 Total Sales
925 N Sheridan Rd Lake Forest, IL 60045
Estimated Value: $2,752,000 - $7,866,000
26.65
Acres
$191,039
Price per Acre
1,160,874
Sq Ft Lot
About This Lot
As of September 2020A once-in-a-lifetime opportunity to acquire a unique 26.65 acre lakefront property of significance in the historical Crab Tree Farm enclave. This magnificent, private, one-of-a-kind property near downtown Lake Bluff is 35 miles from Chicago. Build an estate that will be enjoyed by generations with the possibility of an equestrian estate. Watch breath-taking sunrises over Lake Michigan and stunning sunsets to the west. Enjoy approximately 664 feet of Lake Michigan frontage and a lush ravine with a gently flowing stream and beautiful views. 16 of the 26.65 acres are conserved to experience the natural beauty of the grounds. Drive through the extraordinarily picturesque Crabtree Farm, down a tree-lined private road to enter this spectacular property bordering an equestrian estate. Without a doubt this is the most prestigious and beautiful parcel of land available to build upon, on Lake Michigan.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475126499 Listed on: 03/05/2018
Last Buyer's Agent
Non Member
NON MEMBER
Property Details
Property Type
- Land
Est. Annual Taxes
- $78,922
Lot Details
Parking
- Driveway
Listing and Financial Details
- Homeowner Tax Exemptions
- $55,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2018
Closed on
Sep 9, 2020
Sold by
Blair Edward Mccormick and Blair Francis Iglehart
Bought by
Chicago Title Land Trust and Trust Number 8002384209
Seller's Agent
Ann Lyon
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$5,950,000
Sold Price
$3,000,000
Premium/Discount to List
-$2,950,000
-49.58%
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
$2,091,194
Avg. Annual Appreciation
10.86%
Purchase Details
Closed on
Dec 14, 1993
Sold by
Schuler Jack W and Schuler Renate
Bought by
Chicago Title & Trust Company
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chicago Title Land Trust | $3,000,000 | Gmt Title Agency | |
| Chicago Title & Trust Company | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2020 09/09/20 | Sold | $3,000,000 | -7.7% | -- |
| 07/29/2020 07/29/20 | Pending | -- | -- | -- |
| 10/22/2019 10/22/19 | Price Changed | $3,250,000 | -17.7% | -- |
| 09/05/2019 09/05/19 | Price Changed | $3,950,000 | -7.1% | -- |
| 03/14/2019 03/14/19 | Price Changed | $4,250,000 | -14.1% | -- |
| 10/19/2018 10/19/18 | Price Changed | $4,950,000 | -16.8% | -- |
| 03/05/2018 03/05/18 | For Sale | $5,950,000 | -- | -- |
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 | $78,922 | $1,174,990 | $1,174,990 | -- |
| 2023 | $70,957 | $1,083,140 | $1,083,140 | -- |
| 2022 | $70,957 | $1,003,052 | $1,003,052 | $0 |
| 2021 | $68,492 | $994,401 | $994,401 | $0 |
| 2020 | $66,996 | $999,900 | $999,900 | $0 |
| 2019 | $74,394 | $1,130,301 | $1,130,301 | $0 |
| 2018 | $90,600 | $1,412,432 | $1,412,432 | $0 |
| 2017 | $89,852 | $1,388,822 | $1,388,822 | $0 |
| 2016 | $107,775 | $1,730,938 | $1,321,932 | $409,006 |
| 2015 | $112,335 | $1,629,885 | $1,244,757 | $385,128 |
| 2014 | $12,003 | $1,623,185 | $1,238,308 | $384,877 |
| 2012 | $104,927 | $1,637,266 | $1,249,050 | $388,216 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Lyon
-
N
Buyer's Agent in 2020
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09874123
APN: 12-16-400-014
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