See Home Value
$2,000,000
● House - Off Market

920 Gage Lane

Lake Forest, IL 60045
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
6,359 Ft²
$12,221
Est. Monthly
$25
HOA / Fees

About This Property

This sophisticated home offers over 7,000 sq. ft. of living space and an impressive open floor plan. Exquisite trim, moldings, hardwood floors, art niches, elaborate lighting, volume ceilings & custom built-ins rival new construction. The grand two story foyer welcomes you in, elegantly situated between the dining and living rooms. As you enter, you are drawn to the dramatic two-story family room with stunning stone fireplace as its centerpiece. Large windows offer panoramic views of the professionally landscaped yard as well as the extensive stone patio with firepit and built-in grill. The kitchen serves as the heart of the home and is clad with premium finishes and fixtures including custom cabinetry, high-end appliances, large substantial island topped in marble, and a charming breakfast room surrounded by windows. Handsome library with built-ins, two powder rooms and a thoughtfully designed mudroom/laundry room with ample storage, leading to 4 car garage with epoxy floor complete the 1st level.  A front and back staircase offer added functionality and flow. Upstairs you will find four spacious bedrooms, including the primary suite with separate sun-filled sitting room, spa worthy bath and huge walk-in closet. Bedroom two features a private bath, ideal for guests. Bedrooms three & four are connected by a well-appointed Jack & Jill bathroom. The beautifully finished basement provides even more entertaining space with an additional family room area, complete with stone fireplace and custom bar, game room, exercise area and 5th bedroom with full bath. The gorgeous yard sits on nearly 1.5 acres with numerous trees and landscaping added by current owner for additional privacy. New roof in 2025. Conveniently located near top rated schools, shopping, restaurants, highway access and commuter train.
Unit Size
6,359 Ft²
Days on Market
-
Land Size
1.39 acres
Price per sqft
$314
Property Type
House
Property Taxes
$2,380
HOA Dues
$25
Year Built
2004

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 19
  • 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: 13
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,968
  • Garage Type: 1
  • Garage Square Area: 866
  • Parking Space Count: 3
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,374
  • Total Building Area: 8,943
  • Gross Building Area: 8,943
  • Building Area: 5,109
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 5,109
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK LANE SUBDIVISION
  • Land Acres: 0000001386
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PARK LANE SUBDIVISION; LOT 4 IN UNIT B

Neighborhood

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

Geography

  • District: SHIELDS
  • Parcel: 12-30-203-011
  • Lot: 4
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2642
  • Longitude: -87.8694

    Address

  • Full Address: 920 Gage Ln
  • Legal Unit: B
  • Address - House Number: 920
  • Address - Street Name: Gage
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C034
  • 4-Digit Zip Code: 1114
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,642,696
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 1,838,208
  • High Value: 2,120,397
  • Low Value: 1,556,020

    Market Valuation

  • Market Total Value: $1,340,561
  • Market Land Value: $409,541
  • Market Improvement Value: $931,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,809
  • Assessed Land Value: $136,500
  • Assessed Improvements Value: $310,309

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2017
  • Current Sale Recording Date: Jul 07, 2017
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 7409302
  • Previous Sale Recording Date: Oct 30, 2003
  • Previous Sale Contract Date: Sep 09, 2003
  • Previous Sale Amount: $1,500,000
  • 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 Park Lane


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Nearby Rentals

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Unit for rent at 535 N Waukegan Road, Lake Forest, IL, 60045

$7,250 /mo

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535 N Waukegan Road, Lake Forest, IL, 60045 Listing by Cory Green
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 920 Gage Lane built and last sold?
The property at 920 Gage Lane was built in 2004 and last sold on Jun 23, 2017 for $1,735,450.
How much is this home worth?
The estimated value of the home located at 920 Gage Lane is $0.
What are some comparable homes to 920 Gage Lane?
There are currently no comparable homes to 920 Gage Lane.