300 Scott Street, Lake Forest, IL 60045 (MLS # 10570477)
Price $849,000
Status Active
Beds 4
Baths 4 Baths
Home size 2,593 sqft
Lot Size 27,265 sqft
Days on Market 24
Investment Potential! One level home on sensational, over-sized lot with a fully fenced backyard that is 333' deep; an absolute dog and gardener's heaven! A yard like this is especially in demand during the pandemic, when personal outdoor space is such a cherished commodity! Zoned multi-family, there is income potential in this charming Cape Cod, which is a full gut-rehab including roof, windows, floors, mechanicals, with an addition that includes an attached, 2nd floor, one bedroom apartment that can be rented out separately for income, or used for the perfect work-from-home office, teen, live-in help, in-law or hobby studio. Location is close to the train station, town, the high school, beach and bike trail! There is a tenant in place through April, 2021. Rent income is $5450 per month for the entire house with apartment. Previously, the apartment, alone, rented for $1800-$2000 per month. Any buyer for this home should review the Matterport presentation prior to scheduling (NOTE: Matterport is missing the 3rd bedroom behind the garage, but this can be viewed on the floor plan and in the photos). Buyer must be willing to close and take over the lease, provide pre-qualification letter, sign a Covid-19 disclosure prior to entering, and wear gloves and mask during showing. Showings are greatly restricted due to tenant in place. Please allow ample time and flexibility to schedule well in advance.
Property Type(s): Single Family
Last Updated 10/3/2020 Year Built 1900
Community Lake Forest Garage Spaces 2.0
County Lake


Elementary School Sheridan Elementary School
Jr. High School Deer Path Middle School
High School Lake Forest High School

Additional Details

AIR Central Air, Zoned
APPLIANCES Built-In Oven, Dishwasher, Disposal, Double Oven, Dryer, High End Refrigerator, Microwave, Range, Range Hood, Stainless Steel Appliance(s), Washer, Wine Refrigerator
AREA Lake Forest
BASEMENT Partial, Yes
EXTERIOR Deck, Patio, Porch
GARAGE Attached, Yes
HEAT Electric, Natural Gas
INTERIOR 1st Floor Bedroom, 1st Floor Full Bath, 1st Floor Laundry, 2nd Floor Laundry, In-Law Arrangement, Vaulted/Cathedral Ceilings
LOT 0.6259 acre(s)
LOT DESCRIPTION Fenced Yard, Landscaped
PARKING Garage,Space/s
SEWER Public Sewer,Sewer-Storm
STYLE Cape Cod
TAXES 15785.42
UTILITIES Circuit Breakers,200+ Amp Service,400 Amp Service or Greater
WATER Lake Michigan

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Listed with Berkshire Hathaway HomeServices Chicago
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