Property Report for 494 Cherokee Rd, Lake Forest, IL 60045

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494 Cherokee Rd, Lake Forest, IL 60045
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494 Cherokee Rd, Lake Forest, IL 60045
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Property Details
  • Property Address 494 Cherokee Rd, Lake Forest, IL 60045
  • County Lake
  • Parcel ID 16-04-406-016
  • Legal description WHISPERING OAKS UNIT 6 LOT 16
  • School district Lake Forest School District 67
  • Acreage 0.54
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 3,238
  • Year built 1966
  • Bedrooms 4
  • Bathrooms 3

About the Property

494 Cherokee Rd is a single family residence in the city of Lake Forest, IL 60045. Located in the Lake Forest School District 67, which resides in Lake County, IL and built in 1966. This Single Family Residence sits on a 23,400 sq ft lot and features 4 bedrooms, 3 bathrooms and 3,238 sq ft of living space.

The most recent property tax for 494 Cherokee Rd was $14,617 with an estimated market value range of $1,147,564 to $1,218,547. This property was last sold on April 12, 2011 for $800,000.

Property Info

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Flood

Ownership

Land
  • Acres 0.54
  • Square Feet 23,400
Building
  • Units N/A
  • Year Built 1966
  • Effective Year Built 1966
  • Stories 2
  • # Fireplaces 1
  • Garage/Carport 1,120 sq.ft.
Utilities
  • Cooling Yes
  • Heating Forced Air
Interior
  • Square Footage
  • Living Area 3,238
  • Total Rooms N/A
  • Bedrooms 4
  • Total Bathrooms 3
  • Full Bathrooms 3
  • Additional Rooms
  • Game Room
Your Property Report will also include the following information:

Lake Forest Residential Market Stats

Median Sale Price $1,450,687 +149.3% YoY
Median Price/sq ft. $440
Lake County Median Sale Price $1,450,687 +149.3% YoY

See more Real Estate Trends for Lake Forest including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 494 Cherokee Rd, Lake Forest

Tax YearTaxesTax Assesed ValueExemptions
2021$14,617 (+3.5%) $260,888 (-0.2%)

2020$14,127 (-0.2%) $261,437 (+0.2%)

2019$14,150 (-6.9%) $260,993 (-11.2%)

2018

2017

2016

2015

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Sales History for 494 Cherokee Rd, Lake Forest

The most recent sale on 494 Cherokee Rd took place on Feb 21, 2011 and recorded on Apr 12, 2011 for $800,000. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
3 VICTORIA LN 4.57 mi2,56504/28/2023$750,000$292
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

SAMPLE
Total Estimated Debt

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Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Dec 21, 2022 Confidence Score: 97%

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Rental Value Estimate ATTOM
Dec 25, 2022

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.