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837 North McKinley Road

837 North McKinley Road, Lake Forest, IL 60045
Property in Shields
Sold Sep 03, 2021
$1,150,000
$750,000 by Us Bank Na
Mortgage Due Aug 01, 2051
Sold Mar 16, 2021
$1,225,000
$980,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2050
837 North McKinley Road in Lake Forest, IL was first built in 2018 and is 6 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 3 floors. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 837 North McKinley Road has 2,075 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,856 square feet.

Learn more about the property and building on this page. The roof of the home is made of slate. For those who need parking, there is a attached garage. The garage is 525 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 9, 2021 for $1,150,000. That's $340.74 per sqft. Prior to that sales transaction, the property was also sold in Sep 28, 2020 for $1,225,000. 837 North McKinley Road was last assessed in 2023. The total value of the property was assessed at $378,192. Specifically, the land the property is located on was valued at $78,356. While improvements on the property were assessed at a total of $299,836. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $21,147. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Cover Type: Slate
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 775
  • Garage Type: Attached
  • Garage Square Area: 525
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,856
  • Total Building Area: 3,375
  • Gross Building Area: 3,375
  • Building Area: 2,075
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,075
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONSOLIDATION BEACON PLACE CONDOMINIUM S
  • Land Acres: 0.157
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: PLAT OF CONSOLIDATION BEACON PLACE CONDOMINIUM SUB; UNIT 2 & 31.5% INT IN COMMON ELEMENTS IN BEACON PLACE CONDO PER DOC 7536825 PT LOT 1 & PT LOT 10 CLARK & LATIMERS SUB

Ownership

  • Current Owner : FELKER STEPHEN C
  • Current Owner 2: FELKER SUSAN P
  • Previous Owner : MANN PATRICIA R
  • Owner Before Previous Owner: TARIS PARTNERS 2 LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 863400

Geography

  • District: SHIELDS
  • Parcel: 12-28-315-039
  • Lot: 1,10
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2547
  • Longitude: -87.8397

    Address

  • Full Address: 837 N Mckinley Rd
  • Address - House Number: 837
  • Street Direction: N
  • Address - Street Name: Mckinley
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C006
  • 4-Digit Zip Code: 1733
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,147
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1251
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 86
  • Final Value: 1,186,067
  • High Value: 1,334,456
  • Low Value: 1,037,679

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,150,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Sep 03, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051
  • Second Open Lien Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Feb 12, 2024
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $400,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 02, 2054

    Market Valuation

  • Market Total Value: $1,134,690
  • Market Land Value: $235,092
  • Market Improvement Value: $899,598

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,192
  • Assessed Land Value: $78,356
  • Assessed Improvements Value: $299,836

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Transaction ID: 11857645410
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7822857
  • Previous Sale Recording Date: Mar 16, 2021
  • Previous Sale Contract Date: Sep 28, 2020
  • Previous Sale Amount: $1,225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Sep 03, 2021
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Mar 16, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $980,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Lake Forest



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Frequently Asked Questions

What neighborhood is 837 North McKinley Road located in?
The 837 North McKinley Road is a located in the neighborhood of Shields in Lake Forest, Lake Forest.
What is the average sales price for listings in 837 North McKinley Road?
The average sales price for units in 837 North McKinley Road is $0 currently.

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