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1320 Elm Tree Rd, Lake Forest, IL, 60045

$3,150,000

5 Bedrooms
6 Full Baths, 2 Partial
5,322 SqFt
$592/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1925
HeatingNatural Gas, Steam
CoolingOther
BasementYes
FireplaceWood Burning
MLS #12044352
Lot Size0.67 Acres
StatusAccepting Backup Offers
(Contingent)

About 1320 Elm Tree Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1925
  • Living Area: 5,322 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (847) 250-6391
  • Listing Agent: Marina Carney

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Hardwood Floors, Heated Floors, Second Floor Laundry
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch, In Ground Pool

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.67 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam
  • Cooling: Other

School Info

Assigned Schools Information:

  • Lake Forest High School, Public District Grades 9-12
  • Deer Path Middle School East, Public District Grades 5-6
  • Deer Path Middle School West, Public District Grades 7-8
  • Sheridan Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: Sheridan N to Crab Tree East to Elm Tree, North to #

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,150,000
  • Price Per SqFt: $592/SqFt

Tax Information:

  • Annual Amount: $39,469
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Forest, IL.

Med. Sold Price

$982.2K

Med. Price/SqFt

$312

Avg. Days On Market

26

# of Sold Homes

22

1320 Elm Tree Rd vs Lake Forest

15 DAYS ON ROCKET

-11 Days

$3,150,000

+$2.1M More

$592/SqFt

+$279 More

KEY TAKEAWAY

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

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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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.

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Property Sales & Tax

Listing History

Mar 02, 2020Home Sold
$2,200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$39,469$727,600
2019$39,468$714,244
2018$37,190$726,150
2017$37,191$714,012

History based on county public records data.

Payment Calculator

$15.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,510

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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

school-card-donut-6396672
10
/10
  • Sheridan Elementary School

  • 1360 N Sheridan Rd

  • 0.18 miles

  • Public District Grades KG-4

Middle School

school-card-donut-6396673
8
/10
  • Deer Path Middle School East

  • 95 W Deerpath

  • 1.40 miles

  • Public District Grades 5-6

school-card-donut-6396674
7
/10
  • Deer Path Middle School West

  • 155 W Deerpath

  • 1.45 miles

  • Public District Grades 7-8

High School

school-card-donut-6396675
10
/10
  • Lake Forest High School

  • 1285 N Mckinley Rd

  • 0.51 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,898. Typical income of Lake Forest, IL residents is $200k+ annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

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 10/10
Deer Path Middle School East: GreatSchools Rating 8/10
Deer Path Middle School West: GreatSchools Rating 7/10
Lake 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.
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Rocket Homes›Illinois›Lake County›Lake Forest›60045›1320 Elm Tree Rd

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.

Over 8 listings were sold over their listed price in April 2024 in Lake Forest, IL. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price. Between March 2024 and April 2024, Lake Forest, IL real estate market has seen increase in the number of listings by 7.1%. In April 2024 median list price was $982,222 and the average listing age was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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