21 days on rocket

550 Hunter Ln, Lake Forest, IL, 60045

$1,315,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths, 1 Partial
7,227 SqFt
$182/SqFt
House

Location

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550 Hunter Ln, Lake Forest$1,315,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Circular Driveway
Attached Garage3 spaces
Year Built1994
HeatingNatural Gas, Forced Air, Zoned
CoolingCentral Air, Zoned
BasementYes
FireplaceDouble Sided, Gas Starter
MLS #12188439
Lot Size1.26 Acres
StatusActive

About 550 Hunter Ln

Unbeatable Value! This beautiful, stately & light filled home with over 7200 sq ft of living space is situated on 1.26 acre lot in terrific Ridgelands neighborhood. The dramatic foyer with bridal staircase & marble tile floor leads to a stunning 2-story family room with soaring ceilings, oak floors, an accent wall with fireplace, Palladian window & French doors leading to brick terrace & backyard. Adjacent living room with oak floors & surround sound and overlooks backyard. Formal dining room with crown moldings. Huge kitchen with breakfast area boasts 42-inch Brookhaven wood cabinets, island, Sub Zero refrigerator, granite countertops, desk area & side door to backyard. The main level is completed with bedroom/office, mud room, laundry room, full bath & powder room. The spacious primary suite upstairs has two walk-in closets & luxurious bath with two vanities, marble floor, separate steam shower & whirlpool tub. The remaining 3 bedrooms, 3.1 baths on 2nd level are equally well-appointed with Hunter Douglas window treatments & closet organizers. Impressive finished basement with additional living space offers an amazing entertaining area with media center, pool table & a home gym with full equipment. The 6th bedroom, full bathroom, kitchenette, storage & mechanical room complete the lower level. Most recent updates include new washer & dryer & 2 new water heaters. 3 car attached heated garage with circular brick paver driveway. Cedar roof. Professionally landscaped yard. Minutes to Metra train station, shopping & restaurants. A very special home at fantastic price!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Contemporary
  • Year Built: 1994
  • Living Area: 7,227 SqFt

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (847) 446-1855
  • Listing Agent: Alicja Skibicki

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Bar-Wet, Hardwood Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan, Drapes/Blinds, Separate Dining Room
  • Fireplace: Double Sided, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Brick Paver Patio, Storms/Screens

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Circular Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot, Landscaped
  • Lot Size: 1.26 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Westleigh Rd E of Waukegan, W of 41, S on S Ridge, E on Saddle Ridge, to Hunter Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,315,000
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $21,725
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$340

Avg. Days On Market

45

# of Sold Homes

20

550 Hunter Ln vs Lake Forest

21 DAYS ON ROCKET

-24 Days

$1,315,000

+$270K More

$182/SqFt

-$159 Less

KEY TAKEAWAY

This property is $270K more than the Median Sold Price and $159/SqFt less 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: #12188439

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (847) 446-1855
  • Listing Agent: Alicja Skibicki

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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 11:45:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 01, 2005Home Sold
$1,232,000
May 12, 2000Home Sold
$1,435,000

Tax History

YEARPROP. TAXASSESSMENT
2020$21,725$398,858
2019$21,775$398,181
2018$23,110$452,435
2017$23,110$468,716

History based on county public records data.

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$6,631

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,009

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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-1968274
8
/10
  • Cherokee Elementary School

  • 475 Cherokee Rd

  • 1.12 miles

  • Public District Grades KG-4

Middle School

school-card-donut-1968275
7
/10
  • Deer Path Middle School West

  • 155 W Deerpath

  • 1.28 miles

  • Public District Grades 7-8

school-card-donut-1968276
8
/10
  • Deer Path Middle School East

  • 95 W Deerpath

  • 1.30 miles

  • Public District Grades 5-6

High School

school-card-donut-1968277
10
/10
  • Lake Forest High School

  • 1285 N Mckinley Rd

  • 2.60 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $185,127. The most common annual income of people living in Lake Forest, IL is $200k+. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 Hunter Ln

What is the listing price of this property?

The listing price of 550 Hunter Ln property is $1,315,000.

What type of property is this?

The property 550 Hunter Ln is a house located in Lake Forest, Illinois, 60045.

Is this property for sale now?

Active Listing: 550 Hunter Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 550 Hunter Ln are:
Cherokee Elementary School: GreatSchools Rating 8/10
Deer Path Middle School West: GreatSchools Rating 7/10
Deer Path Middle School East: GreatSchools Rating 8/10
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 $21,725 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 1, 2005 for $1,232,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 550 Hunter Ln has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 550 Hunter Ln is 7,227 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 Hunter Ln is 1994.

Rocket Homes›Illinois›Lake County›Lake Forest›60045›550 Hunter Ln

This home is located at 550 Hunter Ln in Lake Forest, IL and zip code 60045 in the Ridgelands neighborhood. This 7,227 square foot home, which was built in 1994, sits on a 1.26 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $1,315,000.

In October 2024 more than 5 listings in Lake Forest, IL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 10 were sold below. The inventory of homes for sale in Lake Forest, IL between September 2024 and October 2024 increased by 1.7%. While the average time on the market in October 2024 was 45 days, the median list price was $1,045,000.

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

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