See Home Value
Lake Forest 60045
1060 Oak Knoll Drive
$850,000
● House - Off Market

1060 Oak Knoll Drive

Lake Forest, IL 60045
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,530 Ft²
$5,722
Est. Monthly

About This Property

Set on a beautifully landscaped .75-acre lot filled with lush gardens and mature plantings, this stunning mid-century modern ranch blends timeless architecture with warm, inviting living spaces. Expansive windows throughout the home flood the interior with natural light and create seamless views of the picturesque surroundings.  The spacious living room is the heart of the home, featuring a dramatic vaulted wood ceiling with exposed beams and an impressive stone fireplace that adds character and charm. The thoughtfully designed kitchen offers granite countertops, double ovens, abundant cabinetry, and a sunny breakfast nook perfect for casual dining and morning coffee. Adjacent to the kitchen, the formal dining room features a butler's pantry with built-in wood cabinetry and countertops, creating both elegance and functionality for entertaining. A cozy family room overlooking the backyard provides the perfect place to relax and enjoy the peaceful setting year-round.  Offering three bedrooms and two full baths, the home combines comfort with classic mid-century appeal. The full partially finished basement expands the living space with a recreation room complete with a wet bar - ideal for entertaining, game nights, or gatherings with friends and family.  Additional highlights include a two-car garage, a new roof installed in 2023, and beautiful copper gutters that enhance the home's curb appeal and quality craftsmanship. This is a rare opportunity to own a light-filled architectural gem in a serene, garden-like setting.
Unit Size
2,530 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$355
Property Type
House
Property Taxes
$1,307
HOA Dues
-
Year Built
1957

Payment Calculator

Cap Rate Calculator

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,530
  • Garage Type: 1
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,290
  • Total Building Area: 5,610
  • Gross Building Area: 5,610
  • Building Area: 2,530
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,530
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARCADY SUB
  • Land Acres: 0000000695
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ARCADY SUB UNIT NO.6 LOT 1

Neighborhood

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

Geography

  • Assessors Map Reference: 2649-A7
  • District: WEST DEERFIE
  • Parcel: 16-07-103-013
  • Lot: 1
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.2209
  • Longitude: -87.8835

    Address

  • Full Address: 1060 Oak Knoll Dr
  • Legal Unit: 6
  • Address - House Number: 1060
  • Address - Street Name: Oak Knoll
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C025
  • 4-Digit Zip Code: 3646
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,268,056
  • Tax Rate Code Area: 17025

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 884,785
  • High Value: 1,026,130
  • Low Value: 743,440

    Market Valuation

  • Market Total Value: $720,315
  • Market Land Value: $411,689
  • Market Improvement Value: $308,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,081
  • Assessed Land Value: $137,216
  • Assessed Improvements Value: $102,865

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Lake Forest


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 535 N Waukegan Road, Lake Forest, IL, 60045

$7,250 /mo

  • 4 Beds
  • 3 Baths
  • 2,146 ft²
535 N Waukegan Road, Lake Forest, IL, 60045 Listing by Cory Green
Unit for rent at 525 W Deerpath Road, Lake Forest, IL, 60045

$4,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,352 ft²
525 W Deerpath Road, Lake Forest, IL, 60045 Listing by Megan Sparrow Jordan
Unit for rent at 1674 Bowling Green Drive, Lake Forest, IL, 60045

$6,800 /mo

  • 4 Beds
  • 3 Baths
  • 3,270 ft²
1674 Bowling Green Drive, Lake Forest, IL, 60045 Listing by Monica Balder


Frequently Asked Questions

When was property at 1060 Oak Knoll Drive built and last sold?
The property at 1060 Oak Knoll Drive was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1060 Oak Knoll Drive is $925,943.
What are some comparable homes to 1060 Oak Knoll Drive?
There are currently no comparable homes to 1060 Oak Knoll Drive.