Showings start May 18th. Located on one of the coveted streets in Lake Forest, this special home designed by noted architect, Robert Seyfarth is walking distance to Sheridan School, Lake Forest High School, Market Square and one block from Lake Michigan. This home is the perfect blend between classic styling and yet very adaptable to the needs of today's modern living! The gracious living room easily handles two seating areas, one which surrounds the fireplace. The foyer, dining room and living room, all open to the screened porch overlooking the lap pool and the bluestone patio set up to enjoy the south west exposure, perfect for entertaining on warm summer nights. Adjacent to the living room is a sumptuous den that benefits from a fireplace, making it an ideal place to gather the family or escape to read a yummy novel. The generous dining room with its boxed bay window easily allows for two seating areas. A custom wall covering depicts scenes from early American farm life. An expansive butlers pantry has a dishwasher, two Sub Zero refrigerator drawers, and an ice maker. The china storage is amazing! The entrance to the Kitchen Family Room is flanked by concealed deep pantry closets, a mud room with a Dutch door, perfect for a wet dog, as well as an informal powder room. The kitchen was previously renovated and expanded to include a spacious island with breakfast bar, gourmet appliances, table space seating for 8 and a seating area complete with window seats surrounding the fireplace with lavender delft tiles. Two doors open to the patio and the organic vegetable garden. The second floor primary bedroom presently is in a wing unto itself, including a charming sitting room with access to the new Trex rooftop deck above the screen porch, a perfect place for the home office. Two separate dressing and bathrooms which share a common shower, and are completed by a secondary stackable laundry as well. The bedroom is comfortable with the 4th fireplace, plantation shutters throughout the suite. Four additional family bedrooms each with their own baths make up the balance of the second floor. An additional laundry room and an entrance to the walk up floored attic complete the floor. A storage room and 3rd laundry are in the basement, reached through the two car garage. The yard and parking court were designed by Craig Bergmann, and include an organic veggie garden and were designed to be low maintenance. All windows had been replaced with thermal panes, new boiler, new dishwasher, new wine refrigerator, 3 new bathroom renovations, new Trex decking, and a new bluestone walk to the pool.
This property is $2.1M more than the Median Sold Price and $279/SqFt more than other homes in Lake Forest, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12044352
Listing Office:
Office Name: Compass
Office Phone: (847) 250-6391
Listing Agent: Marina Carney
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.
All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15.7K
Per Month
Principal & Interest
$15.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,510
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
10
/10
Sheridan Elementary School
1360 N Sheridan Rd
Distance between this listing and this school0.18 miles
Public District Grades KG-4
Middle School
8
/10
Deer Path Middle School East
95 W Deerpath
Distance between this listing and this school1.40 miles
Public District Grades 5-6
7
/10
Deer Path Middle School West
155 W Deerpath
Distance between this listing and this school1.45 miles
Public District Grades 7-8
High School
10
/10
Lake Forest High School
1285 N Mckinley Rd
Distance between this listing and this school0.51 miles
Public District Grades 9-12
Assigned Schools
10
/10
Sheridan Elementary School
1360 N Sheridan Rd
Distance between this listing and this school0.18 miles
Public District Grades KG-4
Nearby Schools
7
/10
Lake Bluff Elementary School
350 W Washington Ave
Distance between this listing and this school1.92 miles
Public District Grades KG-5
8
/10
Cherokee Elementary School
475 Cherokee Rd
Distance between this listing and this school2.65 miles
Public District Grades KG-4
Assigned Schools
8
/10
Deer Path Middle School East
95 W Deerpath
Distance between this listing and this school1.40 miles
Public District Grades 5-6
7
/10
Deer Path Middle School West
155 W Deerpath
Distance between this listing and this school1.45 miles
Public District Grades 7-8
Nearby Schools
8
/10
Lake Bluff Middle School
31 E Sheridan Pl
Distance between this listing and this school1.08 miles
Public District Grades 6-8
Assigned Schools
10
/10
Lake Forest High School
1285 N Mckinley Rd
Distance between this listing and this school0.51 miles
Public District Grades 9-12
Nearby Schools
2
/10
North Chicago Community High School
1717 17th St
Distance between this listing and this school4.57 miles
Public District Grades 9-12
6
/10
Highland Park High School
433 Vine Ave
Distance between this listing and this school5.17 miles
The neighbors living near this home have an average income of $116,898. The majority of Lake Forest, IL residents have income $200k+ annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1320 Elm Tree Rd
What is the listing price of this property?
The listing price of 1320 Elm Tree Rd property is $3,150,000.
What type of property is this?
The property 1320 Elm Tree Rd is a house located in Lake Forest, Illinois, 60045.
Is this property for sale now?
Accepting Backup Offers: 1320 Elm Tree Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 1320 Elm Tree Rd are: Sheridan Elementary School: GreatSchools Rating 10/10Deer Path Middle School East: GreatSchools Rating 8/10Deer Path Middle School West: GreatSchools Rating 7/10Lake Forest High School: GreatSchools Rating 10/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $39,469 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 2, 2020 for $2,200,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1320 Elm Tree Rd has 5 bedrooms and 6 full and 2 half bathrooms.
What is the square footage of this property?
The property 1320 Elm Tree Rd is 5,322 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1320 Elm Tree Rd is 1925.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1320 Elm Tree Rd in Lake Forest, IL and zip code 60045. This 5,322 square foot home, which was built in 1925, sits on a 0.67 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $3,150,000.
While more than 8 listings in Lake Forest, IL in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 8 were sold below. The inventory of homes for sale in Lake Forest, IL between March 2024 and April 2024 increased by 7.1%. In April 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $982,222.
From Rocket Homes Real Estate and based on county public records data.