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1150 North Sheridan Road

1150 North Sheridan Road, Lake Forest, IL 60045
Property in Shields
Sold Aug 20, 1999
$700,000
$397,600 by Chase Manhattan Mtg Corp
Mortgage Due Nov 01, 2032
1150 North Sheridan Road in Lake Forest, IL was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1974. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1150 North Sheridan Road has 4,595 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 27,504 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. For those who need parking, there is a attached garage. The garage is 567 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 quality of the control joints have been graded by the local assessor with a letter grade of A. 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 1, 1999 for $700,000. That's $119.07 per sqft. 1150 North Sheridan Road was last assessed in 2023. The total value of the property was assessed at $446,263. Specifically, the land the property is located on was valued at $173,791. While improvements on the property were assessed at a total of $272,472. 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 $25,512. 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: 1955
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 717
  • Garage Type: Attached
  • Garage Square Area: 567
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 27,504
  • Total Building Area: 5,879
  • Gross Building Area: 5,879
  • Building Area: 4,595
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,595
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MC INTOSH ESTATES SUB.
  • Land Acres: 0.631
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MC INTOSH ESTATES SUB. LOT 6

Ownership

  • Current Owner : FOX BEATRICE M
  • Previous Owner : JONES JERRY D
  • Previous Owner 2: ESTATE OF MARIANNE S THORNE
  • 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

  • Assessors Map Reference: 2650-A1
  • District: SHIELDS
  • Parcel: 12-28-401-008
  • Lot: 6
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2604
  • Longitude: -87.8358

    Address

  • Full Address: 1150 N Sheridan Rd
  • Address - House Number: 1150
  • Street Direction: N
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C006
  • 4-Digit Zip Code: 1440
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,512
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 1,406,166
  • High Value: 1,622,030
  • Low Value: 1,190,301

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $582,600
  • First Open Lien Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Open Lien Mortgage Recording Date: Nov 21, 2002
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $397,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2032
  • Second Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • Second Open Lien Mortgage Recording Date: Sep 23, 2020
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $185,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $1,338,923
  • Market Land Value: $521,425
  • Market Improvement Value: $817,498

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,263
  • Assessed Land Value: $173,791
  • Assessed Improvements Value: $272,472

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 01, 1999
  • Current Sale Recording Date: Aug 20, 1999
  • Current Sale Transaction ID: 11458282596
  • Current Sale Price: $700,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 4406765

    Last Sale Mortgage

  • First Mortgage Lender: LAKE FOREST BANK & TRUST COMPA
  • First Mortgage Transaction Date: Aug 20, 1999
  • First Mortgage Loan Amount: $403,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2029

About Lake Forest



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Frequently Asked Questions

What neighborhood is 1150 North Sheridan Road located in?
The 1150 North Sheridan Road is a located in the neighborhood of Shields in Lake Forest, Lake Forest.
What is the average sales price for listings in 1150 North Sheridan Road?
The average sales price for units in 1150 North Sheridan Road is $0 currently.

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