See Home Value
$3,750,000
● House - Off Market

964 Lake Road

Lake Forest, IL 60045
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
5,600 Ft²
$23,855
Est. Monthly
0.44%
Cap Rate

About This Property

Location, location, location!  Once in a lifetime opportunity to live on Lake Road - in this a beautifully updated, meticulously maintained brick and limestone home!  The house is just steps from Forest Park and the Lake Forest Beach. Uniquely situated with towering evergreens on all sides creating a private setting with an expansive, fenced back yard. Designed and built by Gene Martin, the house has a fabulous floor plan customized to fit perfectly in the natural setting, with gracious sun-filled rooms and large windows throughout.  The house has been fully updated, with newly refinished hardwood floors on the main level and newly installed hardwood floors on the second level, new and updated millwork throughout, including all new millwork in the spacious entry foyer that flows up to the second floor, following the grand staircase and highlighting the expansive windows.  The new custom millwork, trim, and built-ins, wonderful craftsmanship throughout the house adds a fresh, updated feel as well as unique character. On the main level, the sunny, fully updated gourmet kitchen with large island, new stone countertops, designer tile backsplash and new finishes opens to the family room and sunroom blending the best of today's living.  The family room features new custom millwork and cabinetry surrounding the fireplace and connects to the tranquil sunroom. The oversize living room with ten-foot ceilings and French doors to the patio leads to the one-of-a kind library/office with custom built-ins and cozy views of the garden. The formal dining room is perfect for gatherings of any size and embodies the elegance and grandeur of a Lake Road residence. The breakfast area with a masonry fireplace and new wood mantle completes the gorgeous kitchen. The sun-filled primary suite has been fully updated with new custom millwork and 2 new walk-in closets. There are four additional ensuite bedrooms with custom closets and updated bathrooms. One of the bedrooms is expansive, ideal for a live-in nanny or in-law suite, or as and additional den, game room or playroom.  All the bedrooms enjoy wonderful views of the bluestone terraces and perennial gardens. Other features include new lighting, a mudroom with new custom cubbies, back stairwell, first floor laundry room, large 3-car garage with additional storage, two updated powder rooms, and a composite slate roof (2010).  The basement features new carpet and finishes, a recreation room, homework/study area with built-ins, and 2 huge rooms with abundant storage. Opportunities abound within the fully fenced yard offering multiple patios and landscaped gardens. Enjoy the convenience of town, the train, and the beach from this amazing home!
Unit Size
5,600 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$741
Property Type
House
Property Taxes
$3,482
HOA Dues
-
Year Built
1995

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Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 22
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,183
  • Garage Type: 1
  • Garage Square Area: 750
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,001
  • Total Building Area: 7,546
  • Gross Building Area: 7,546
  • Building Area: 4,613
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,613
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COM AT NE COR
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: CITY OF LAKE FOREST TH PT LOT 81 DAF COM AT NE COR SD LOT TH C SLY ALG ELY LN SD LOT 115.09 FT THC S 62 DEG 08 MIN W 330. 2 FT THC N 8 DEG 35 MIN W 179.44 FT MOL TO SLY LN WOODBINELN

Neighborhood

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

Geography

  • Assessors Map Reference: 2650-B2
  • District: SHIELDS
  • Parcel: 12-27-305-003
  • Lot: 115,8
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2568
  • Longitude: -87.8246

    Address

  • Full Address: 964 Lake Rd
  • Address - House Number: 964
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C001
  • 4-Digit Zip Code: 2223
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,913,986
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1251
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 86
  • Final Value: 2,198,084
  • High Value: 2,473,086
  • Low Value: 1,923,082

    Market Valuation

  • Market Total Value: $2,015,998
  • Market Land Value: $750,408
  • Market Improvement Value: $1,265,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $671,932
  • Assessed Land Value: $250,111
  • Assessed Improvements Value: $421,821

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2022
  • Current Sale Recording Date: Oct 26, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7940760
  • Previous Sale Recording Date: Aug 16, 1999
  • Previous Sale Contract Date: Aug 05, 1999
  • Previous Sale Amount: $2,795,000
  • Previous Sale Document Type: 51
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 Lake Forest


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Frequently Asked Questions

When was property at 964 Lake Road built and last sold?
The property at 964 Lake Road was built in 1995 and last sold on Sep 29, 2022 for $2,999,000.
How much is this home worth?
The estimated value of the home located at 964 Lake Road is $4,190,490.
What are some comparable homes to 964 Lake Road?
There are currently no comparable homes to 964 Lake Road.