See Home Value
Wilmette 60091
701 Lake Avenue
$1,800,000
● House - Off Market

701 Lake Avenue

Wilmette, IL 60091
bedrooms
3 Beds
bathrooms
3 Baths
$10,385
Est. Monthly
0.74%
Cap Rate

About This Property

Recent FULL-SCALE RENOVATION at this 4 bedroom, 3 bath East Wilmette Mid-Century modern ranch.  A welcoming foyer with an OVERSIZED ELEVATOR for access to the finished lower level. The first floor features a spacious living room with a handsome stone 2-sided fireplace. The Chef's kitchen, overlooking the dining room, features WoodMode cabinetry, an oversized Cambria quartz island with a table-height sitting area, top-of-the-line appliances (Sub Zero, Wolf, and Miele), and additional storage.  Cozy family/sunroom overlooks the yard and connects to the attached 2-car garage. There are 3 bedrooms on the 1st floor plus 2 updated baths with quartz slab surround showers. The lower level features heated floors, two separate large areas for TV, and a game room. Also on the lower level is the 4th bedroom, which has a full bath with an Ultra Therapy tub, 2 large closets, a laundry room with cabinetry, a sink, Maytag appliances, and a large storage/utility room. Beautiful, entirely fenced yard, is professionally landscaped with trees and perennials. The hardscaping features two patios, one Bluestone for the fire pit and the other for grilling & outdoor dining/entertaining. A+ location; easy distance to the beach, town, shopping, schools, and Metra.  Note: The front of the home is on 7th Street.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,546
HOA Dues
-
Year Built
1960

Payment Calculator

Cap Rate Calculator

Property Highlights

Elevator
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,540
  • Total Building Area: 2,416
  • Gross Building Area: 2,416
  • Building Area: 2,416
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,416
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DINGEES ADD TO WILMETTE
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (DINGEES) ADD TO (WILMETTE) IN OUILMETTE RESERVE IN S ECS26 & 27 SEC 26-42-13

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 801200

Geography

  • District: 23
  • Parcel: 05-34-202-019-0000
  • Block: 13
  • Lot: 1
  • Meridian: SEC 26 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0785
  • Longitude: -87.6976

    Address

  • Full Address: 701 Lake Ave
  • Address - House Number: 701
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C045
  • 4-Digit Zip Code: 1723
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,751,970
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,070,226
  • High Value: 1,313,661
  • Low Value: 826,791

    Market Valuation

  • Market Total Value: $877,290
  • Market Land Value: $262,350
  • Market Improvement Value: $614,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,729
  • Assessed Land Value: $26,235
  • Assessed Improvements Value: $61,494

    Sales

  • Current Sale Contract Date: Feb 05, 2016
  • Current Sale Recording Date: Feb 11, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1604208010
  • Previous Sale Recording Date: Oct 27, 2015
  • Previous Sale Contract Date: Oct 08, 2015
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Wilmette


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2017 Foster Street, Evanston, IL, 60201

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
2017 Foster Street #1, Evanston, IL, 60201 Listing by Yolanda Weathers
Unit for rent at 1915 Asbury Avenue, Evanston, IL, 60201

$2,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,400 ft²
1915 Asbury Avenue #2, Evanston, IL, 60201 Listing by Erika Garcia
Unit for rent at 2030 Dodge Avenue, Evanston, IL, 60201

$2,600 /mo

  • 4 Beds
  • 1 Bath
  • 1,366 ft²
2030 Dodge Avenue #2, Evanston, IL, 60201 Listing by Talha Lodhi


Frequently Asked Questions

When was property at 701 Lake Avenue built and last sold?
The property at 701 Lake Avenue was built in 1960 and last sold on Feb 5, 2016 for $705,000.
How much is this home worth?
The estimated value of the home located at 701 Lake Avenue is $1,818,000.
What are some comparable homes to 701 Lake Avenue?
There are currently no comparable homes to 701 Lake Avenue.