$2,000,000
SOLD NOV 26, 2024

999 E Ringwood Rd S Lake Forest, IL 60045

6 Beds
5.5 Baths
4,850 Sq Ft
2.58 Acres

Recently Sold

$412 Per Sq Ft

31% Below List Price

225 Days on Market

Highlights

  • Guest House
  • Greenhouse
  • Second Garage
  • Sheridan Elementary School Rated A
  • Second Kitchen
  • 2.58 Acre Lot

About This Home

As of November 2024

A once in a lifetime opportunity to own a 2.58 acre historic family compound. Originally designed by Russell Wolcott/Robert Work in 1930 as a dairy barn for Cyrus H McCormick, Jr on the historic Walden Estate. The compound then comprised the dairy barn, dairy room and dairyman's house. In 1936, architect Jerome R. Cerny purchased the property for himself and began the conversion of the property to largely as we know it today. Currently, the property consists of a main house with 5 bedrooms, 4 baths and a newly renovated kitchen (2023); a separate, 1 bedroom, 1 bath, guesthouse with full kitchen and living room; 5 car upper garage, 2+ car lower garage, an underground, naturally cooled cellar, perfect for wine storage; raised garden beds with adjacent green house; a separate tavern as well as plenty of storage for toys for all ages! The trademark architectural details of a Cerney design are still present throughout much of the property, original hardware, 4 bowed bay windows, handsome pine paneling, beautiful millwork, cupola and dovecote to name a few. The main house has a screened porch on both wings that enjoy southern and western exposures that frames the brick patio to create a microclimate for plantings. An adjacent 1 acre parcel is offered at an additional $1,000,000- and will not be offered for sale separately until this main house parcel closes.

Last Agent to Sell the Property

Marina Carney

Compass License #475123100 Listed on: 02/21/2024

Compass

Co-Listed By

Andrew Mrowiec

Compass License #471004617

Last Buyer's Agent

Peggy Glickman

@properties Christie's International Real Estate License #475123432

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,526

Year Built

  • Built in 1936

Lot Details

  • 2.58 Acre Lot
  • Landscaped Professionally
  • Irregular Lot

Parking

  • 7 Car Detached Garage
  • Second Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Shake Roof

Interior Spaces

  • 4,850 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Historic or Period Millwork
  • Wood Burning Fireplace
  • Mud Room
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Screened Porch

Kitchen

  • Second Kitchen
  • Range
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Terracotta

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Finished Basement Bathroom
  • Basement Cellar

Outdoor Features

  • Patio
  • Fire Pit
  • Greenhouse
  • Outdoor Storage

Additional Homes

  • Guest House

Schools

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

Utilities

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

Community Details

  • Clubhouse

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,526

Year Built

Built in 1936

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1936
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning
  • Fireplaces: 3
  • Interior Amenities: Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s), Historic/Period Mlwk, Special Millwork
  • LivingArea: 4850
  • Room Type: Kitchen, Bedroom 5, Bedroom 6, Enclosed Porch, Game Room, Mud Room, Office, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Cellar
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Other
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch, Porch Screened, Fire Pit
  • List Price: 2395000
  • Lot Features: Irregular Lot, Landscaped
  • OtherStructures: Greenhouse, Guest House, Second Garage, Club House, Garage(s), Storage
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Garage Spaces: 7
  • ParkingTotal: 7
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • 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

  • Lot Size Acres: 2.58
  • Lot Dimensions: 2.58
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 47526.48
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Nov 13, 2024
Sold by
Jpd Article 6 Family Trust
Bought by
Lundevall Tellef and Cuomo Mariah Kennedy
Seller's Agent
Marina Carney
Compass
Buyer's Agent
Peggy Glickman
@properties Christie's International Real Estate
List Price
$2,895,000
Sold Price
$2,000,000
Premium/Discount to List
-$895,000
-30.92%
Views
299
Current Estimated Value
$2,173,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,615
Avg. Annual Appreciation
9.47%
Original Mortgage
$750,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2018
Sold by
Depree Joan P and Joan P Depree Trust
Bought by
Belcher Katherine D and Depree Edmund A

Purchase Details

Closed on
Dec 28, 2012
Sold by
Depree Joan P and Depree Joan P
Bought by
Depree Joan P and Joan P Depree Trust
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 Type Sale Price Title Company
Warranty Deed $2,000,000 Chicago Title
Warranty Deed $2,000,000 Chicago Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $2,000,000 -16.5% $412 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $2,395,000 -17.3% $494 / Sq Ft
03/18/2024 03/18/24 For Sale $2,895,000 -- $597 / 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 $47,526 $841,093 $452,820 $388,273
2023 $43,316 $758,152 $408,167 $349,985
2022 $43,316 $719,828 $448,394 $271,434
2021 $41,099 $695,822 $433,440 $262,382
2020 $39,956 $695,822 $433,440 $262,382
2019 $38,504 $692,567 $431,412 $261,155
2018 $36,452 $702,927 $399,043 $303,884
2017 $36,042 $698,874 $396,742 $302,132
2016 $34,588 $665,341 $377,706 $287,635
2015 $33,770 $618,174 $350,930 $267,244
2014 $35,916 $654,837 $387,178 $267,659
2012 $41,378 $658,657 $389,437 $269,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11988338

Midwest Real Estate Data (MRED)

APN: 16-03-108-006