For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lake Forest 60045 Woodland Creek Manor
1041 Newcastle
$1,825,000
● House - Off Market

1041 Newcastle

Lake Forest, IL 60045
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
5,700 Ft²
$4,472,017
RealtyHop Estimate
108.00%
Since Jan 1, 2009
National-US
Primary Model

About This Property

Fantastic 4-Bedroom brick home on 1.4 acres. 2-story marble foyer, exquisite cherry panelled library, vaulted Fam Rm, incredible master suite, over 5700 sq ft of living area in South Carroll Meadows.
Unit Size
5,700 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$377
Property Type
House
Property Taxes
$1,990
HOA Dues
-
Year Built
2001

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,693
  • Garage Type: 1
  • Garage Square Area: 1,104
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,113
  • Total Building Area: 9,067
  • Gross Building Area: 9,067
  • Building Area: 5,270
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 5,270
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LE WA FARM UNIT NO. 3
  • Land Acres: 0000001380
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: LE WA FARM UNIT NO. 3; LOT 12

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 864601

Geography

  • District: WEST DEERFIE
  • Parcel: 16-06-403-054
  • Lot: 12
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.2295
  • Longitude: -87.873

    Address

  • Full Address: 1041 Newcastle Dr
  • Legal Unit: 3
  • Address - House Number: 1041
  • Address - Street Name: Newcastle
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C024
  • 4-Digit Zip Code: 4930
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,107,700
  • Tax Rate Code Area: 17025

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 1,876,000
  • High Value: 2,248,572
  • Low Value: 1,503,427

    Market Valuation

  • Market Total Value: $1,406,453
  • Market Land Value: $464,833
  • Market Improvement Value: $941,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,771
  • Assessed Land Value: $154,929
  • Assessed Improvements Value: $313,842

    Sales

  • Current Sale Contract Date: Dec 11, 2008
  • Current Sale Recording Date: Dec 29, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6420126
  • Previous Sale Recording Date: Feb 05, 2001
  • Previous Sale Contract Date: Jan 19, 2001
  • Previous Sale Amount: $1,425,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Woodland Creek Manor

Stats & Trends

Median Asking:

$1,087,000

Sale Price/ft²

$332

Above Asking

0.00%

Average Days on Market

77

Average Home Size

3796 ft²

Average Home Age

35 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 931 Coventry Drive, IL, 60045

$10,000 /mo

  • 4 Beds
  • 3 Baths
  • 4,038 ft²
931 Coventry Drive, IL, 60045 Listing by Houda Chedid

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Patricia Carter, Coldwell Banker Residential
Data Source: MRED, MLS# MRD06916670
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1041 Newcastle Drive built and last sold?
The property at 1041 Newcastle Drive was built in 2001 and last sold on Dec 11, 2008 for $1,825,000.
How much is this home worth?
The estimated value of the home located at 1041 Newcastle Drive is $1,968,858.
What are some comparable homes to 1041 Newcastle Drive?
There are currently no comparable homes to 1041 Newcastle Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Lake Forest Homes for Sale
Lake Forest Houses for Sale
Lake Forest Condos for Sale
Lake Forest Townhouses for Sale
Lake Forest Multifamily for Sale
Lake Forest Land for Sale
Lake Forest Homes with Basements
Lake Forest Homes with Pools
Nearby Cities
Buffalo Grove Homes for Sale
Northbrook Homes for Sale
Wheeling Homes for Sale
Highland Park Homes for Sale
Vernon Hills Homes for Sale
Libertyville Homes for Sale
Deerfield Homes for Sale
Gages Lake Homes for Sale
Nearby Property Records
Lake County, IL Property Records
Kenosha County, WI Property Records
McHenry County, IL Property Records
DuPage County, IL Property Records
Kane County, IL Property Records
Cook County, IL Property Records
Racine County, WI Property Records
Walworth County, WI Property Records
Neighborhoods
Buffalo Grove Real Estate
Wildwood on Gages Lake Real Estate
Village of Lake Bluff Real Estate
Deerfield Park Real Estate
Washburn Park Real Estate
Interlaken Real Estate
Conway Farms Real Estate
Norshore Park Real Estate
Nearby Counties
Vernon Homes for Sale
Libertyville Homes for Sale
West Deerfield Homes for Sale
Moraine Homes for Sale
Shields Homes for Sale
Top Real Estate Agents
Top Agents in Woodland Creek Manor
Top Agents in Lake Forest
Top Agents in Vernon
Top Agents in Libertyville
Top Agents in 60089
Top Agents in Buffalo Grove
Top Agents in Northbrook
Top Agents in 60048