When was property at 797 Summit Avenue built and last sold?

The property at 797 Summit Avenue was built in 1895 and last sold on Jan 26, 2023 for $500,000.

How much is this home worth?

The estimated value of the home located at 797 Summit Avenue is $0.

What are some comparable homes to 797 Summit Avenue?

There are currently no comparable homes to 797 Summit Avenue.

Lake Forest

60045

797 Summit Avenue

$500,000

● House - Off Market

797 Summit Avenue

Lake Forest, IL 60045

4 Beds

2 Baths

2,208 Ft²

$529,305

RealtyHop Estimate

5.86%

Since Feb 1, 2023

National-US

Primary Model

About This Property

Sold while processing.

Unit Size

2,208 Ft²

Days on Market

Land Size

0.07 acres

Price per sqft

$226

Property Type

House

Property Taxes

$607

HOA Dues

Year Built

1895

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11708210)

Price History

Date / Event	Date	Event
Jan 27, 2023	Sold	Premium
Sold
Jan 17, 2023	Listed by @properties Christie's International Real Estate	$500,000
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

General

Year Built: 1895

Effective Year Built: 1895
Building Count: 1
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 6
Building Condition: 6
Building Quality: 9
Construction Type: 6
Building Style: 15
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 150
Living Units: 1
Floor Cover: 0
Basement Type: 9
Basement Area: 912
Garage Type: 4
Garage Square Area: 352
Parking Space Count: 1
Patio Type: 94
Porch Type: 77
Pool Type: 0

Dimensions

Lot Size Square Feet: 3,001

Total Building Area: 4,416
Gross Building Area: 4,569
Building Area: 2,208
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 6
Heating: 4
Heated Square Feet: 2,208
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HOLT S SUBDN.
Land Acres: 0000000069
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: HOLT S SUBDN. LOT 35 BLOCK 2

Neighborhood

School District Name: Lake Forest Community High School District 115

Census Tract: 863500

Geography

Assessors Map Reference: 2649-E2

District: SHIELDS
Parcel: 12-33-104-001
Block: 2
Lot: 35
Municipality: TWP OF SHIELDS
Latitude: 42.2542
Longitude: -87.8438

Address

Full Address: 797 Summit Ave

Address - House Number: 797
Address - Street Name: Summit
Address - Suffix Type: Ave
State: IL
City Name: Lake Forest
Carrier Code: C006
4-Digit Zip Code: 1830
Zip Code: 60045

Valuation

Tax

Tax Year: 2022

Tax Amount: $749,190
Initial Tax Delinquent Year: 2021
Tax Rate Code Area: 10014

Appraisal Valuation

Standard Deviation: 0.2633

Valuation Date: Feb 28, 2024
Confidence Score: 62
Final Value: 525,133
High Value: 663,408
Low Value: 386,858

Market Valuation

Market Total Value: $433,540

Market Land Value: $98,515
Market Improvement Value: $335,025

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $144,499
Assessed Land Value: $32,835
Assessed Improvements Value: $111,664

Sales

Current Sale Contract Date: Jan 26, 2023

Current Sale Recording Date: Feb 06, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 7957156
Previous Sale Recording Date: Nov 21, 2022
Previous Sale Contract Date: Oct 28, 2022
Previous Sale Amount: $410,000
Previous Sale Document Type: 27

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lake Forest

Stats & Trends

Median Asking:

$1,362,500

Sale Price/ft²

$405

Below Asking

0.01%

Average Days on Market

Average Home Size

5605 ft²

Average Home Age

41 years

Currently For Sale

53 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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 333 Scott Street, Lake Forest, IL, 60045

$3,600 /mo

3 Beds
2 Baths
2,163 ft²

333 Scott Street, Lake Forest, IL, 60045 Listing by Greg Koza

Unit for rent at 33 S June Terrace, Lake Forest, IL, 60045

$4,200 /mo

2 Beds
2 Baths
1,893 ft²

33 S June Terrace, Lake Forest, IL, 60045 Listing by Elizabeth Wieneke

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Dominick Clarizio, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11708210

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

797 Summit Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Lake Forest

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions