See Home Value
$1,152,000
● House - Off Market

940 Grandview Lane

Lake Forest, IL 60045
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,216 Ft²
$6,398
Est. Monthly

About This Property

Nestled in the sought-after Whispering Oaks subdivision of Lake Forest, this spacious five-bedroom, 3.1-bath home offers a wonderful opportunity to create your dream residence. A traditional center-entry floor plan welcomes you with a sun-filled living room to the left, featuring eastern and southern exposures, and a formal dining room to the right overlooking the expansive front yard.  The living room flows seamlessly into the inviting family room, complete with a fireplace and attractive wood detailing. Sliding doors lead to the backyard patio, creating an ideal setting for indoor-outdoor living and entertaining. The adjacent kitchen features a breakfast area, dedicated workspace, and abundant potential for customization into a chef's dream kitchen.  Convenience abounds with a first-floor laundry/mudroom offering direct access from both the backyard and attached garage-perfect for busy households.  Upstairs, you'll find five generously sized bedrooms, including a primary suite with a private bath, along with an additional full hall bath. The large unfinished basement, already equipped with a full bath, provides exceptional potential for expanded living space, recreation, fitness, or guest accommodations.  Ideally located near an elementary school with a playground and just minutes from downtown Lake Forest's shops, restaurants, and amenities, this home combines space, location, and opportunity in one exceptional package.
Unit Size
3,216 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$309
Property Type
House
Property Taxes
$1,512
HOA Dues
-
Year Built
1965

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Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 1,531
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,450
  • Lot Size Depth Feet: 1,630
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 5,231
  • Gross Building Area: 5,231
  • Building Area: 3,216
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHISPERING OAKS UNIT 5
  • Land Acres: 0000000561
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WHISPERING OAKS UNIT 5 LOT 1

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 864602

Geography

  • Assessors Map Reference: 2650-B6
  • District: WEST DEERFIE
  • Parcel: 16-09-202-022
  • Lot: 1
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.2226
  • Longitude: -87.8321

    Address

  • Full Address: 940 Grandview Ln
  • Legal Unit: 5
  • Address - House Number: 940
  • Address - Street Name: Grandview
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C028
  • 4-Digit Zip Code: 3914
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,530,974
  • Tax Rate Code Area: 17025

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,020,492
  • High Value: 1,183,516
  • Low Value: 857,468

    Market Valuation

  • Market Total Value: $813,984
  • Market Land Value: $341,026
  • Market Improvement Value: $472,958

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,301
  • Assessed Land Value: $113,664
  • Assessed Improvements Value: $157,637

    Exemptions

  • Homeowner Exemption: Yes
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 Whispering Oaks


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Frequently Asked Questions

When was property at 940 Grandview Lane built and last sold?
The property at 940 Grandview Lane was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 940 Grandview Lane is $1,004,950.
What are some comparable homes to 940 Grandview Lane?
There are currently no comparable homes to 940 Grandview Lane.