See Home Value
$1,450,000
● House - Off Market

567 Lexington Drive

Lake Forest, IL 60045
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,368 Ft²
$1,601,073
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

A desirable location in Lake Forest's popular Meadowood neighborhood at the end of a quiet street provides a private and tranquil park-like setting for this once-in-lifetime property, where acres and acres of Open Lands exist just beyond your front door. Masterfully reimagined by local builder Crossroads/Blue Sky, the residence has undergone a dramatic transformation to bring it into harmony with modern-day living and entertaining. A classic exterior of shingle and brick, flanked by stately columns, invites you inside. Timelessly elegant, the interiors reveal refined details and impeccable craftsmanship throughout. The effortless mix of contemporary and traditional styles with authentic rough-hewn materials gives the home instant warmth upon arrival. Just beyond the spacious foyer, a beautifully conceived library is complete with coffered ceiling, wood paneling, built-ins, and custom wood barndoor that convey the relaxed formality that permeates throughout the house. A naturally flowing floorplan takes you into the formal living room, which opens to a bright sunroom overlooking the beautiful backyard and connects to the formal dining room with a built-in beverage center/bar, striking fireplace, and beamed ceiling. The expanded chef's kitchen blends form and function to perfection with custom white cabinetry, soapstone countertops, Wolf and Sub-Zero appliances, a casual eating area, expansive island with seating, and planning desk. A thoughtful family room addition made it possible to create a hangout space that is as spacious as it is sophisticated, thanks to custom built-ins and a volume ceiling with rustic wood beams. A laundry room and mudroom located off the attached two-car garage complete the main level. The second floor unites all five bedrooms, including a bedroom with a stunning en-suite bath and a unique paneled finished bonus room space off one bedroom that can double as a playroom, craft area, training space, studio, dressing room, finished storage, and more. The primary bedroom suite was completely re-envisioned as part of the home's addition to be a luxe retreat. Graced by a volume ceiling and overlooking the backyard, the private space offers a glam dressing room/walk-in closet and a new spa master bath featuring an expansive shower, dual sinks, radiant heated flooring, and more - not unlike what you would find at a fine hotel. A media room/recreation room, exercise room, and storage reside in the lower level, offering yet another space to relax and hangout. Beyond the house, the fenced backyard encourages outdoor entertaining with a large paver patio, lush lawn, firepit area, plus lots of space for play. A truly rare find in Lake Forest!
Unit Size
4,368 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$320
Property Type
House
Property Taxes
$1,705
HOA Dues
-
Year Built
1968

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Last updated: 3 years ago (MRED MLS #11035024)

Price History

Date / Event Date Event Price
Aug 16, 2021 Sold
Sold
Apr 6, 2021 Listed by Coldwell Banker Realty $1,399,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • 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: 816
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,802
  • Total Building Area: 5,808
  • Gross Building Area: 5,808
  • Building Area: 4,368
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWOOD UNIT NO 2
  • Land Acres: 0000000501
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: MEADOWOOD UNIT NO 2 LOT 17

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 863500

Geography

  • District: SHIELDS
  • Parcel: 12-31-102-003
  • Lot: 17
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2502
  • Longitude: -87.8799

    Address

  • Full Address: 567 Lexington Dr
  • Legal Unit: 2
  • Address - House Number: 567
  • Address - Street Name: Lexington
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C023
  • 4-Digit Zip Code: 1562
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,325,940
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 1,524,562
  • High Value: 1,758,602
  • Low Value: 1,290,522

    Market Valuation

  • Market Total Value: $1,184,200
  • Market Land Value: $311,356
  • Market Improvement Value: $872,844

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,694
  • Assessed Land Value: $103,775
  • Assessed Improvements Value: $290,919

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7830973
  • Previous Sale Recording Date: Dec 14, 2006
  • Previous Sale Contract Date: Nov 21, 2006
  • Previous Sale Amount: $1,125,000
  • 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 Meadowood


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Nearby Rentals

Unit for rent at 600 Garfield Avenue, Lake Bluff, IL, 60044

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,775 ft²
600 Garfield Avenue, Lake Bluff, IL, 60044 Listing by Edwin Becerra
Unit for rent at 1070 Winwood Drive, Lake Forest, IL, 60045

$3,800 /mo

  • 3 Beds
  • 1,796 ft²
1070 Winwood Drive, Lake Forest, IL, 60045 Listing by Sitha Thach


Frequently Asked Questions

When was property at 567 Lexington Drive built and last sold?
The property at 567 Lexington Drive was built in 1968 and last sold on Aug 12, 2021 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 567 Lexington Drive is $1,412,990.
What are some comparable homes to 567 Lexington Drive?
There are currently no comparable homes to 567 Lexington Drive.