NOT LISTED FOR SALE

1560 S Ridge Rd Lake Forest, IL 60045

Estimated Value: $2,264,886 - $2,503,000

5 Beds
7 Baths
8,097 Sq Ft
$290/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $2,200,000 $272 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $15,491/month

31 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Family Room with Fireplace
  • Cherokee Elementary School Rated A
  • Mature Trees
  • Recreation Room

About This Home

As of April 2024

Step into this welcoming residence nestled on almost 2 acres on historic Ridge Road, providing a tranquil escape with a private pool and tennis court. The inviting interior features a spacious living room adorned with expansive windows, a sizable library boasting a coffered ceiling, and Brazilian cherry wood floors. A standout is the first-floor primary suite, offering a luxurious bathroom, a spacious walk-in closet, and a dedicated workout room. The second floor boasts four additional bedrooms, three full bathrooms, and a large family recreation room. The generously sized gourmet kitchen is a culinary haven with modern appliances, quartz and granite countertops, and custom cabinets. A huge breakfast nook overlooks the backyard, seamlessly connecting to the expansive family room with a fireplace, creating a cozy atmosphere. The vast backyard provides complete privacy, featuring patios and lush landscaping. Conveniently located, this home offers easy access to shopping, highways, and the airport, making it an ideal blend of relaxation and accessibility.

Last Listed By

Houda Chedid

Compass License #471005938 Listed on: 01/16/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,993

Year Built

  • Built in 1985

Lot Details

  • 1.84 Acre Lot
  • Lot Dimensions are 258x282x259x285
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,097 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Loft
  • First Floor Utility Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Cherokee Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas

Community Details

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,993

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: English
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Range Hood
  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Granite Counters, Separate Dining Room
  • LivingArea: 8097
  • Room Type: Bedroom 5, Den, Eating Area, Foyer, Loft, Office, Recreation Room, Utility Room-1st Floor, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, In Ground Pool, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 2490000
  • Lot Features: Fenced Yard, Landscaped, Wooded, Mature Trees, Sidewalks
  • Roof: Slate
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Laundry Closet, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Pool, Tennis Court(s), Curbs, Sidewalks, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.84
  • Lot Dimensions: 258X282X259X285
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 26993
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 13, 2024
Sold by
Cui Carley R and Cui Charles
Bought by
Leggett Donzel and Leggett Tracy
Seller's Agent
Houda Chedid
Compass
Buyer's Agent
Nikki Kofkin
@properties Christie's International Real Estate
List Price
$2,490,000
Sold Price
$2,200,000
Premium/Discount to List
-$290,000
-11.65%
Total Days on Market
31
Views
157
Current Estimated Value
$2,349,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,472
Avg. Annual Appreciation
6.46%
Original Mortgage
$1,760,000
Outstanding Balance
$1,743,342
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$606,130

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 14, 2024
Sold by
Credit Union 1 Charles H & Carley R
Bought by
Credit Union 1 Carley R
Seller's Agent
Houda Chedid
Compass
Buyer's Agent
Nikki Kofkin
@properties Christie's International Real Estate
List Price
$2,490,000
Sold Price
$2,200,000
Premium/Discount to List
-$290,000
-11.65%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Outstanding Balance
$1,743,342
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$606,130

Purchase Details

Closed on
Nov 15, 2012
Sold by
Schick Christopher E and Schick Priscilla V
Bought by
Cut Charles H and Cut Carley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 10, 2003
Sold by
Mtg Electronics Registration System Inc
Bought by
Schick Christopher E and Schick Priscilla V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 5, 2003
Sold by
Weiler Roger A and Weiler Charlotte P
Bought by
Mortgage Electronic Registration Systems

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
4%
Mortgage Type
Construction

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leggett Donzel $2,200,000 Chicago Title
Credit Union 1 Carley R -- None Listed On Document
Cut Charles H $1,600,000 Fidelity National Title
Schick Christopher E $1,300,000 --
Mortgage Electronic Registration Systems -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leggett Donzel $1,760,000
Previous Owner Cui Charles H $615,000
Previous Owner Cui Charles H $350,000
Previous Owner Cut Charles H $1,120,000
Previous Owner Schick Christopher E $2,000,000
Previous Owner Schick Christopher E $250,000
Previous Owner Schick Christopher E $100,000
Previous Owner Schick Christopher E $100,000
Previous Owner Schick Christopher E $2,000,000
Previous Owner Schick Christopher E $1,900,000
Previous Owner Weiler Roger A $500,000
Closed Schick Christopher E $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $2,200,000 -11.6% $272 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $2,490,000 -- $308 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $28,535 $570,848 $244,684 $326,164
2022 $28,535 $475,144 $241,741 $233,403
2021 $26,993 $458,103 $233,071 $225,032
2020 $26,292 $459,067 $233,561 $225,506
2019 $25,429 $458,288 $233,165 $225,123
2018 $29,464 $564,024 $247,135 $316,889
2017 $29,186 $562,225 $246,347 $315,878
2016 $28,311 $633,587 $237,032 $396,555
2015 $32,686 $595,309 $222,712 $372,597
2014 $29,192 $538,026 $224,306 $313,720
2012 $32,283 $611,124 $222,327 $388,797
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11959675

Midwest Real Estate Data (MRED)

APN: 16-08-404-025