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Lake Forest 60045
497 Douglas Drive
$1,150,000
● House - Off Market

497 Douglas Drive

Lake Forest, IL 60045
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
5,962 Ft²
$7,594
Est. Monthly
1.73%
Cap Rate

About This Property

Don't miss this incredible opportunity to complete a beautiful home in Villa Turicum utilizing fabulous construction drawings by Melichar Architects! This lovely Georgian home is located on 0.94 acres east of Sheridan Road, just blocks from Lake Michigan and features an impressive two-story foyer with a lovely staircase, a wonderful floor plan, 4 wood-burning fireplaces, a 3-car garage, and a private, fenced backyard. Additional features include spacious rooms, a proposed kitchen that overlooks the backyard, a huge first floor guest suite/optional first floor primary suite, and 4 bedrooms on the second floor with hardwood floors that includes a sizable Primary Suite with fireplace ready to customize to fit your needs. Most interior millwork, finishes, flooring and cabinetry have been removed. The kitchen and most baths have been demoed. The previous owners built a 3-story addition from 1999-2001. It includes a first-floor suite with a bedroom, two full bathrooms (one with a jetted tub and the other with a shower), a huge walk-in closet, wet bar, sitting room, and 2nd floor office or playroom. The bright sitting room has vaulted ceilings, skylights, windows, and a glass sliding door that opens to the patio and backyard. On the 2nd floor of this newer area, a huge storage space connects with bedroom 4 on the original 2nd floor. The lower level was expanded during this renovation to include an English basement (north and east windows are above grade), a large recreation room with a walk-in closet, and a full bathroom with jetted tub. All double-hung windows were replaced in 2018 by the previous owner with Renewal by Anderson windows. This is a perfect opportunity to finish designing your dream home in a wonderful neighborhood  working with a top architect. One also has the ability to select their own finishes or use the finishes pre-selected by the architect. Choose your own contractor to complete this incredible home. The interior of the home has been partially demoed. Kitchen and half of the bathrooms have been demoed. The home is being sold "As Is."
Unit Size
5,962 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$176
Property Type
House
Property Taxes
$2,437
HOA Dues
-
Year Built
1969

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Last updated: 3 years ago (MRED MLS #12115650)

Price History

Date / Event Date Event Price
Sep 3, 2024 Sold
Sold
Jul 30, 2024 In contract -
In contract
Jul 19, 2024 Listed by @properties Christie's International Real Estate $1,050,000
Listed by @properties Christie's International Real Estate
May 16, 2023 Sold
Sold
Apr 25, 2023 Listed by Berkshire Hathaway HomeServices Chicago $1,395,000
Listed by Berkshire Hathaway HomeServices Chicago
This elegant all-brick 6 bedroom, 6.1 bath Georgian home is nestled on a wooded .94 acre lot in Villa Turicum, blocks from Lake Michigan. Delightful, well-maintained property with a private rear yard, an incredible display of mature trees, perennial beds, and an expansive wood deck. A quintessential center-entry home with a two-story foyer and an impressive staircase. This full amenity home has a terrific floor plan with traditional spaces, tall ceilings, gorgeous moldings, and 4 wood-burning fireplaces. Hardwood flooring is in the living room, dining room, library, family room, and 5 bedrooms of the main home. Entertain guests in the large formal living room (to the left of the foyer) with floor-to-ceiling windows and a beautiful marble-detailed fireplace mantle. The handsome library has a wet bar and fireplace, with views of the rear yard. The spacious formal dining room (to the right of the foyer) is an ideal gathering place for your next holiday celebration or dinner party. The spacious family room with a brick-front wood-burning fireplace and parquet wood floor allows for casual living and entertaining. The kitchen looks out to the gorgeous yard. It has a sunny breakfast area, a workstation, and a walk-in pantry. Five bedrooms on the second level include a sizable primary suite with a fireplace, two closets with dressing area, and a bathroom. The second level includes four additional family bedrooms and two full bathrooms. The homeowners underwent an extensive 3-story addition from 1999-2001, designed by Peter Witmer and built by Enquist Construction. It includes a first-floor suite with a bedroom, two full bathrooms (one with a jetted tub and the other with a deluxe shower), a huge walk-in closet, kitchenette, sitting room, full laundry, and 2nd-floor office/lounge/playroom. The bright and cheerful sitting room has vaulted ceilings, skylights, windows, and a glass sliding door that opens to the patio and rear yard. On the 2nd floor of this newer area, a huge storage space connects with bedroom 4 on the original 2nd floor. The lower level was expanded during this renovation to include an English basement (north and east windows above grade), a large recreation room/guest suite with a walk-in closet, and a full bathroom with jetted tub. Above grade, the home has approximately 5,600 square feet, with another 3,500 square feet in the lower level. All double-hung windows were replaced with Renewal by Anderson windows, installed on August 9, 2018. The front sidewalk was replaced in June 2019 by F&M Masonry, with bluestone installed on a secure concrete base. Bring your decorating ideas to this well-maintained gem!

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 23
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 3,536
  • Garage Type: 1
  • Garage Square Area: 884
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,973
  • Total Building Area: 9,996
  • Gross Building Area: 9,996
  • Building Area: 5,576
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 5,576
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIT NO 1 OF VILLA TURICUM SUB
  • Land Acres: 0000000941
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: UNIT NO 1 OF VILLA TURICUM SUB LOT 50

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 865000

Geography

  • Assessors Map Reference: 2650-B5
  • District: MORAINE
  • Parcel: 16-03-302-005
  • Lot: 50
  • Municipality: TWP OF MORAINE
  • Latitude: 42.2309
  • Longitude: -87.8246

    Address

  • Full Address: 497 Douglas Dr
  • Legal Unit: 1
  • Address - House Number: 497
  • Address - Street Name: Douglas
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C015
  • 4-Digit Zip Code: 3339
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,643,680
  • Tax Rate Code Area: 18002

    Appraisal Valuation

  • Standard Deviation: 0.0908
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 1,288,680
  • High Value: 1,405,701
  • Low Value: 1,171,660

    Market Valuation

  • Market Total Value: $1,447,903
  • Market Land Value: $389,871
  • Market Improvement Value: $1,058,032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $482,586
  • Assessed Land Value: $129,944
  • Assessed Improvements Value: $352,642

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7974537
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


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Frequently Asked Questions

When was property at 497 Douglas Drive built and last sold?
The property at 497 Douglas Drive was built in 1969 and last sold on May 15, 2023 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 497 Douglas Drive is $0.
What are some comparable homes to 497 Douglas Drive?
There are currently no comparable homes to 497 Douglas Drive.