Off Market4075d on marketHistoric · 90 yrs

1950 Merritt Ln

Lake Forest, IL, 60045 • 60045 • Lake County

$2,396,800

$478/sqft

5Beds

5Baths

5,013Sqft

3.4 acLot

1936Built

Property DNA

1 highlights

Character Home

Built 1936 · 90 years of history

Market activity

Demand and pricing signals for this listing

9 views

People checking out this listing

4075 days on market

Established listing

$478/sqft

Price per square foot

About this home

Single Family · Built 1936 · Historic

This 5013 square foot single family home has 5 bedrooms and 5.0 bathrooms. This home is located at 1950 Merritt Ln, Lake Forest, IL 60045.

Estimated monthly payment

Based on current rates

$15,632/month

Principal & Interest$12,436

Property Tax$2,397

Insurance$799

Down payment20% ($479,360)

3%50%

Est. 6.75% rate · 30yr fixed · $1,917,440 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1936

HeatingForced air

CoolingCentral

Parking1 Parking space

Lot3.40 Acres

Property

Home typeSingle Family

Year built1936

Systems

HeatingForced air

CoolingCentral

RoofComposition

Parking & Outdoor

ParkingGarage - Attached, Garage - Detached

BasementPartially finished

Lot3.40 Acres

Location & Tax

Neighborhood60045

Annual tax$27,836

Parcel1618105027

Bathrooms & Fees

Full baths4

Features & details

4 categories of property features

Interior Features

Appliances

Dishwasher

Heating

Forced air

Cooling

Central

Exterior Features

Parking

Garage - Attached

Garage - Detached

Listing insights

Market data and value estimates

StatusOff Market

Days on market4075

Est. value$2,396,800

Est. rent$7,986/mo

Tax rate2.60%

Price/sqft$478

Last sold$1,625,000

Tour days6

How are the schools in Lake Forest?

3 schools rated nearby

Everett Elementary School

Elementary • Public • K-4

0.8 mi

Deer Path Middle School West

Middle • Public • 7-8

3.3 mi

Lake Forest High School

High • Public • 9-12

4.5 mi

Location

Lake Forest, IL, 60045

Expand map

Price history

8 events

DateEventPrice$/sqftSource

Feb 10, 2015Sold$1,625,000$324Public Record

Nov 17, 2014Sold$1,625,000$324MRED as distributed by MLS GRID

Oct 1, 2014Pending Sale$1,699,000$339Coldwell Banker Residential Brokerage - Lake Forest

Sep 16, 2014Listed For Sale$1,699,000$339Coldwell Banker Residential Brokerage - Lake Forest

Sep 26, 2009Listing Removed$1,995,000$398NRT Chicago

May 1, 2009Listed For Sale$1,995,000$398NRT Chicago

Mar 22, 2001Sold$1,876,000$374Public Record

Jan 8, 1999Sold$1,375,000$274Public Record

Sold$1,625,000

Feb 10, 2015•$324/sqft•Public Record

Sold$1,625,000

Nov 17, 2014•$324/sqft•MRED as distributed by MLS GRID

Pending Sale$1,699,000

Oct 1, 2014•$339/sqft•Coldwell Banker Residential Brokerage - Lake Forest

Listed For Sale$1,699,000

Sep 16, 2014•$339/sqft•Coldwell Banker Residential Brokerage - Lake Forest

Listing Removed$1,995,000

Sep 26, 2009•$398/sqft•NRT Chicago

Listed For Sale$1,995,000

May 1, 2009•$398/sqft•NRT Chicago

Sold$1,876,000

Mar 22, 2001•$374/sqft•Public Record

Sold$1,375,000

Jan 8, 1999•$274/sqft•Public Record

Tax history

22 years of records

YearTax paidAssessed value

Apr 9, 2023$27,836$591,995

Apr 9, 2022$21,902$452,475

Apr 9, 2021$20,707$370,315

Apr 9, 2020$20,171$357,785

Apr 9, 2019$19,536$357,177

Apr 9, 2018$24,209$472,978

Apr 9, 2017$24,209$471,469

Apr 9, 2016$23,073$453,641

Apr 9, 2015$27,085$426,234

Apr 9, 2014$26,323$491,198

Apr 9, 2012$25,415$486,865

Apr 9, 2011$24,375$522,367

Apr 9, 2010$25,595$613,091

Apr 9, 2009$24,791$649,599

Apr 9, 2008$24,407$780,901

Apr 9, 2006$30,771$799,745

Apr 9, 2005$28,624—

Apr 9, 2004$27,250—

Apr 9, 2003$12,294—

Apr 9, 2002$24,141—

Apr 9, 2001$11,454$498,578

Apr 9, 2000$22,386$468,623

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Neighborhood details

Local context around this listing

Lake Forest, IL • Lake County

Nearby cities

AntiochBuffalo GroveGurneeHighland ParkLibertyvilleMundeleinRound Lake BeachVernon Hills

Nearby zip codes

6003760045

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Value estimates

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Est. value$2,396,800

Est. rent$7,986/mo

Affordability$17,182/mo

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