85 Morris Ln, Lake Forest, IL 60045

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APN: 12-28-301-035-0000

85 Morris Ln, Lake Forest, IL 60045

Lot

Land Use
Residential Vacant Land
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
2019-05-21
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Lake Forest

Reonomy operates the most comprehensive database for Lake Forest Land and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Lake Forest commercial real estate professionals. Members from Lake Forest include brokers, investors and service providers, many of whom specialize in Lake Forest Land.

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Lake Forest land sold prices and values

The average assessed value of land parcels in Lake Forest is $109,393. Land sale prices in Lake Forest have a median of $1,100,000. The last 24 months of sales history has seen 100 sales, with 93 sales greater than $250,000, 54 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of land parcels in Lake Forest over the last 24 months is $307.

Values and sold prices (last 24 months) United States Illinois Lake Forest
Average price/sqft $771 $151 $341
Median price/sqft $131 $116 $307
Average sold price $688,717 $411,345 $1,454,083
Median sold price $174,282 $149,814 $1,100,000
Number of sales 2,614,374 84,608 100
Number of sales over $250k 1,003,961 27,816 93
Number of sales over $1m 159,049 4,909 54
Number of sales over $10m 19,336 303 --
Average total tax amount $1,219 $2,648 $5,497
Average assessed value $59,025 $29,161 $109,393
Average market value $79,440 $98,656 $326,124

Lake Forest land property averages

The average lot size of land parcels in Lake Forest is 19,062 sf. This is 54% above the Illinois average.

Property averages United States Illinois Lake Forest
Average lot size 657,604 sf 329,088 sf 65,094 sf
Median lot size 23,533 sf 10,936 sf 19,062 sf
Average building area 481 sf 116 sf 210 sf
Median building area 104 sf 98 sf 229 sf
Median year built 1988 1987 2016
Average number of units 13 15 6
Median number of units -- 2 4

Lake Forest land total supply

There are 1,257 land parcels in Lake Forest. This is 199% below the Illinois average. The total acerage is 962 acres and the aggregate building area for land parcels in Lake Forest is 6,727 sf.

Supply United States Illinois Lake Forest
Number of parcels 32,293,367 1,282,828 1,257
Aggregate lot acerage 409,405,969 5,409,312 962
Aggregate building area 916,721,812 sf 13,289,463 sf 6,727 sf
Aggregate units 7,798,117 173,422 63

Lake Forest land industrial mortgages

There are 1,538 mortgages for land parcels across Lake Forest in the Reonomy database. The average value of those mortgages is $4,814,877. This is 75% above the Illinois average.

Debt United States Illinois Lake Forest
Number of mortgages 15,058,298 1,404,338 1,538
Average value of mortgages $4,003,786 $2,167,862 $4,814,877

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