See Home Value
$515,000
● House - Off Market

511 Lincoln Avenue

Lake Bluff, IL 60044
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,459 Ft²
$3,300
Est. Monthly
4.68%
Cap Rate

About This Property

Absolutely adorable ranch situated on a spacious .28 acres in the highly desirable East Terrace of Lake Bluff. Boasting 1,459 SF of living space, this sunny home offers 3 bedrooms, 2 bathrooms, gleaming hardwood floors, elegant moldings, and a convenient 2-car attached garage. The lower level adds versatility with a fourth bedroom, third bathroom, spacious recreation room, and ample storage. Situated mere blocks away from Mawman Park, Metra station, historic downtown Lake Bluff, and the picturesque Lake Bluff beach, this property offers both convenience and charm. This gem is sure to capture your heart and will not last - schedule your showing today!
Unit Size
1,459 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$339
Property Type
House
Property Taxes
$869
HOA Dues
-
Year Built
1957

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11997830)

Price History

Date / Event Date Event Price
Apr 17, 2024 Sold
Sold
Mar 16, 2024 Listed by @properties Christie's International Real Estate $495,000
Listed by @properties Christie's International Real Estate
Oct 6, 2021 No longer available -
No longer available
Mar 31, 2020 In contract -
In contract
Mar 8, 2020 Relisted $335,000
Relisted
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,337
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 3
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,375
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,626
  • Gross Building Area: 3,626
  • Building Area: 1,783
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,783
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF LAKE BLUFF THE TERRACE
  • Land Acres: 0000000284
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VILLAGE OF LAKE BLUFF THE TERRACE LOT 24 BLOCK 4

Neighborhood

  • School District Name: Lake Bluff Elementary School District 65
  • Census Tract: 863202

Geography

  • District: SHIELDS
  • Parcel: 12-20-219-002
  • Block: 4
  • Lot: 24
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2782
  • Longitude: -87.8508

    Address

  • Full Address: 511 Lincoln Ave
  • Address - House Number: 511
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lake Bluff
  • Carrier Code: C014
  • 4-Digit Zip Code: 2419
  • Zip Code: 60044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,043,306
  • Tax Rate Code Area: 10011

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 631,769
  • High Value: 731,730
  • Low Value: 531,807

    Market Valuation

  • Market Total Value: $506,553
  • Market Land Value: $296,493
  • Market Improvement Value: $210,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,834
  • Assessed Land Value: $98,821
  • Assessed Improvements Value: $70,013

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Sep 08, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7691825
  • Previous Sale Recording Date: Apr 08, 2005
  • Previous Sale Contract Date: Mar 21, 2005
  • Previous Sale Amount: $482,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Village of Lake Bluff


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 389 E Deerpath Road, Lake Forest, IL, 60045

$2,695 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
389 E Deerpath Road #1, Lake Forest, IL, 60045 Listing by Megan Sparrow Jordan


Frequently Asked Questions

When was property at 511 Lincoln Avenue built and last sold?
The property at 511 Lincoln Avenue was built in 1957 and last sold on Aug 18, 2020 for $319,000.
How much is this home worth?
The estimated value of the home located at 511 Lincoln Avenue is $504,097.
What are some comparable homes to 511 Lincoln Avenue?
There are currently no comparable homes to 511 Lincoln Avenue.

Nearby Counties