502 E Prospect Avenue

Lake Bluff, IL
$ 1,039,000 Beds 4 Baths 5 Sq 3,231 Virtual Tour
Monthly Estimate* How much can I afford?

Exciting award winning East Lake Bluff colonial situated on oversized lot just blocks to the lake and town is also on the famous Lake Bluff 4th of July Parade route. Property is landscaped and professionally maintained by Mariani. Thoughtful traditional floor plan perfect for entertaining includes large living room with crown moldings, wood burning fireplace and floor to ceiling windows letting in an abundance of sunlight. Intimate separate dining room with crown molding, wainscoting and tall floor to ceiling windows to enjoy the view. Fabulous gourmet kitchen with built in comfy corner booth easily seats 6 plus, separate work station and additional wet bar sink. Custom cabinetry and newer appliances that include SubZero, Meile and Bosch. A spacious family room with 10' tray ceiling and fireplace surrounded by custom cabinetry with access to deck on one side and brick patio on the other. Fabulous third floor addition provides 4th bedroom with vaulted ceiling and full bath. The office/library encompasses a wet bar, beverage fridge, built in custom cherry cabinetry, a dormered Palladian window and oeil-de-boeuf large circular window that let in superlative views of nature. In addition, the custom built third floor staircase offers spectacular vistas of all three main floors of the home along with a distinctive Palladian window that mirrors the second floor window. The Primary bedroom boasts coffered ceiling, beautiful crown molding and spacious walk in closet. Primary bath with vaulted ceiling and skylight, cove molding, custom plantation blinds and custom cabinetry. Two additional family bedrooms each with walk in closets and a new bathroom complete the second floor. Better Home & Gardens award winning finished basement with new carpet (2019), tons of closets for storage, custom desk alcove, separate work out room or office area with French doors, full bath, laundry room with walk in closet plus a kitchenette with built in refrigerator and sink perfect for family or guests. Tree filled double 100-foot-wide lot provides great open space for relaxing and playing in. This special home checks off all the boxes you have been searching for. Come and see it for yourself. Love and live the life in Lake Bluff!

Contingent

  • Price
  • $ 1,039,000
  • Lot Size
  • 12,415 SqFt
  • Bedrooms
  • 4
  • Sqr Footage
  • 3,231
  • Full Bathrooms
  • 5
  • Year Built
  • 1940
  • Half Bathrooms
  • 0
  • City, Zip
  • Lake Bluff
  • Taxes
  • 20121
  • County
  • LAKE
  • Style
  • Colonial,Traditional
  • Area
  • Lake Bluff
  • MLS#
  • 10847483
  • Zip
  • 60044
Listing Provided by: Berkshire Hathaway HomeServices Chicago

Features

General

Appliances Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Cooktop
Architectural Style Colonial, Traditional
Contingency House to Sell (Other Kick-out hours)
Elementary School Lake Bluff Elementary School
Exterior Features Deck, Patio
HOA Fee Frequency Not Applicable
Heating Natural Gas, Forced Air
High School Lake Forest High School
Interior Features Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
Junior High Lake Bluff Middle School
New Construction No
Property Type Residential
Property Type Detached Single
Roof Shake
Sewer Public Sewer
Standard Status Active Under Contract

Interior Features

Basement Finished
Basement Partial
Bedroomspossible 4
Full Baths 5
Kitchen Eating Area-Table Space
Total Baths 5
Total Bedrooms 4

Exterior Features

Exterior Frame
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 100X124
Lot Features Corner Lot, Landscaped, Mature Trees
Water Source Lake Michigan

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Niles, IL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Lake Bluff Elementary School
Middle School Lake Bluff Middle School
High School Lake Forest High School

Price History

9/4/2020 Listed $1,069,000
10/9/2020 3% - $1,039,000

Property vs Zip Code Average in 60044

Price
AVG $930K
$1.04M
Taxes
AVG $18,938
$20,121
Visits
AVG 65
66
Year Built
AVG 1966
1940
Walkscore
AVG 29
41
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

502 E Prospect Avenue Lake Bluff, IL is a Single Family Home for sale at $1039000 with 3231 sqft and a lot size of 12,415 SqFt Acre(s). 502 E Prospect Avenue Lake Bluff has 4 bedrooms, 5 baths and was built in 1940. The property's zip code is 60044 which is in Lake Bluff, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.