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$1,050,000   Price Analysis
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497 Douglas Dr
Lake Forest, IL 60045
5 bed 7 bath 5,962 SqFt ($176/SqFt)
0.94 acre lot. Built 1969
Listed 2024-07-20, Taxes $26,436
Ⓧ USDA Ineligible
due to price & location

near Lake Forest

Don't miss this incredible opportunity to complete a pretty home in Villa Turicum utilizing fabulous construction drawings by Melichar Architects!

* Has Contingent Offer *

This lovely Georgian home is located on 0.94 acres east of Sheridan Road, blocks from Lake Michigan and features an impressive two-story foyer with a lovely staircase, a wonderful floor plan, 4 wood-burning fireplaces, a 3-car garage and a private, fenced backyard. Additional features include big rooms, a proposed kitchen that overlooks the backyard, a huge first floor guest suite/optional first floor primary suite and 4 bedrooms on the second floor with hardwood floors that includes a sizable Primary Suite with fireplace ready to customize to fit your needs. Most interior millwork, finishes, flooring and cabinetry have been removed. The kitchen and most baths have been demoed. The previous owners built a 3-story addition from 1999-2001. It includes a first-floor suite with a bedroom, two full bathrooms (one with a jetted tub and the other with a shower), a huge walk-in closet, wet bar, sitting room and 2nd floor offic or playroom.

The bright sitting room has vaulted ceilings, skylights, windows and a glass sliding door that opens to the patio and backyard. On the 2nd floor of this newer area, a huge storage space connects with bedroom 4 on the original 2nd floor. The lower level was expanded during this renovation to include an English basement (north and east windows are above grade), a large recreation room with a walk-in closet and a full bathroom with jetted tub. All double-hung windows were replaced in 2018 by the previous owner with Renewal by Anderson windows. This is a perfect opportunity to finish designing your dream home in a wonderful neighborhood working with a top architect. One also has the ability to select their own finishes or use the finishes pre-selected by the architect. Choose your own contract or to complete this incredible home. The interior of the home has been partially demoed. Kitchen and half of the bathrooms have been demoed. The home is being sold As Is.


Presented by Ann Lyon at
@properties Lake Forest.
Listing Agent Photo

Property MLS #12115650 from MRED

Bedrooms: 5
Bedrooms Possible: 5
Primary Bedroom Dimensions: 21 x 14
Bedroom 2 Dimensions: 25 x 19
Bedroom 3 Dimensions: 13 x 11
Bedroom 4 Dimensions: 15 x 14
Bedroom 5 Dimensions: 16 x 14
Primary Bedroom Level: Second
Bedroom 2 Level: Main
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Bedroom 5 Level: Second

Total Rooms: 16
Bonus Room, Bedroom 5, Eating Area, Game Room, Library, Recreation Room, Storage, Heated Sun Room, Workshop
Bonus Room: 31 x 27
Bonus Room Level: Second
Heated Sun Room: 27 x 23
Heated Sun Room Level: Main
Work Room: 17 x 16
Work Room Level: Basement
Game Room: 40 x 32
Game Room Level: Basement
Storage: 11 x 10
Storage Level: Basement
Library: 16 x 15
Library Level: Main
Eating Area: 14 x 13
Eating Area Level: Main
Laundry: 8 x 6
Laundry Level: Main
Basement Features: Full, English
Family Room Dimensions: 24 x 14
Game/Recreation Room Dimensions: 33 x 30
Living Room Dimensions: 15 x 21
Family Room Level: Main
Game/Recreation Room Level: Basement
Living Room Level: Main
Basement Description: Finished, Crawl, 8 ft + pour, 9 ft + pour, Rec/Family Area, Storage Space

Total Bathrooms: 7
Full Bathrooms: 6
1/2 Bathrooms: 1

Vaulted/Cathedral Ceilings
Skylight(s)
Bar-Wet
Hardwood Floors
First Floor Bedroom
In-Law Arrangement
First Floor Laundry
First Floor Full Bath
Built-in Features
Walk-In Closet(s)
Some Wood Floors
Separate Dining Room
Pantry
Replacement Windows
Workshop Area (Interior)
Flooring: Hardwood

Yes
Laundry Features: Gas Dryer Hookup, Laundry Chute, Laundry Closet

Cooling Features: Central Air
Fireplace Features: Wood Burning, Gas Starter
Heating Features: Natural Gas, Forced Air
Number of Fireplaces: 4

Dining Area Dimensions: 14 x 14
Dining Area Level: Main
Kitchen Dimensions: 17 x 11
Kitchen Level: Main

Deck
Patio
Other Structures: Shed(s)

Lot Description: Fenced Yard, Landscaped, Wooded, Mature Trees
Lot Size Acres: 0.94
Lot Size Dimensions: 162 X 306 X 101 X 312
Lot Size Square Feet: 40946

Driveway: Asphalt
Garage Spaces: 3
Garage Description: Attached
Garage Features: Garage Door Opener(s), Transmitter(s)
Parking Total: 3

Elementary School: Cherokee Elementary School
Elementary School District: 67
High School: Lake Forest High School
High School District: 115

Cherokee Elementary School is a public elementary school located approximately 0.7 miles away.
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Deer Path Middle School West is a public middle school located approximately 1.8 miles away.
directions icon Map directions

Lake Forest High School is a public high school located approximately 2.5 miles away.
directions icon Map directions

Woodlands Academy Of The Sacred Heart is a private high school located approximately 0.3 miles away.
directions icon Map directions

Community Features: Sidewalks, Street Lights, Street Paved

Annual Tax Amount: 29249.00
Source Listing Status: Active Under Contract
County: Lake
Directions: Westleigh Road, east of Sheridan Rd, to Douglas Drive. South on Douglas Dr to home.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Source Neighborhood: Villa Turicum
Parcel Number: 16033020050000
Subdivision: Villa Turicum
Township: Moraine
Property Subtype: Detached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$307,581 + $142,752
$450,333
$26,436
2021$297,323 + $137,991
$435,314
$25,062
2020$297,323 + $137,991
$435,314
$24,365
2019$295,932 + $137,345
$433,277
$23,485
2018$334,393 + $152,355
$486,748
$25,162
2017$332,465 + $151,476
$483,941
$24,601
2016$316,513 + $144,208
$460,721
$23,591
2015$294,075 + $133,985
$428,060
$23,006
2014$294,075 + $133,985
$428,060
$24,862
2013$309,426 + $144,837
$454,263
$24,538
2012$335,994 + $180,094
$516,088
$26,300
2011$341,180 + $182,874
$524,054
$24,408
2010$320,515 + $227,866
$548,381
$23,592
2009$339,673 + $241,486
$581,159
$22,869
2008$343,104 + $243,925
$587,029
$22,234
2007$327,546 + $232,864
$560,410
$20,724
2006$351,948 + $214,073
$566,021
$21,252

Listed 2024-07-20
$1,050,000
MRED
Listing removed 2024-04-04
$1,050,000
MRED
Listed 2024-03-23
$1,050,000
MRED
Listing removed 2023-06-30
$1,595,000
MRED
Listing removed 2023-06-29
$1,595,000
MRED
Price Changed 2023-06-20
$1,595,000
MRED
Listed 2023-06-07
$1,325,000
MRED
Sold 2023-05-16
$1,200,000
MRED
Listed 2023-04-25
$1,395,000
MRED

Total Square Feet Living: 5962
Year Built: 1969
Attic: Dormer
Foundation Details: Concrete Perimeter
Property Age: 55
Roof: Asphalt
Levels or Stories: 2
Architectural Style: Georgian

Electric: Circuit Breakers, 200+ Amp Service
Sewer: Public Sewer, Sewer-Storm
Water Source: Lake Michigan, Public

Other Equipment: Humidifier, TV-Cable, CO Detectors
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floor_plan

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.