Located at the corner of Old Mill Road and Telegraph Road, this exceptional homesite offers a beautiful natural setting, generous frontage, and ample space to create a private residence tailored to your lifestyle. The property encompasses approximately 69,260 square feet and can accommodate a substantial custom home while preserving the character and privacy afforded by its mature trees and natural surroundings. Preliminary due diligence indicates the property is not located within a floodplain. There does not appear to be any known ADID jurisdictional wetlands based upon Lake County data, however interested parties should do their own due diligence. Conveniently located near Everett Elementary School, parks, shopping, dining, and transportation, the property offers a rare combination of space, natural beauty, and accessibility. Large buildable parcels of this size are becoming increasingly difficult to find in Lake Forest, making this an exceptional opportunity to create a one-of-a-kind home in one of the North Shore's most desirable communities.
Contingent
$400,000
1151 W Old Mill Rd, Lake Forest, IL 60045
--beds
--baths
1.59Acres
Unimproved Land
Built in ----
1.59 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mature treesGenerous frontageAmple spaceNatural surroundingsBeautiful natural setting
- 19 days |
- 164 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Peter Coutant 224-221-4026,
Compass,
Alissa McNicholas,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12658096
Facts & features
Property
Features
- Frontage type: Paved
- Frontage length: 246
Lot
- Size: 1.59 Acres
- Dimensions: 246x41x243x243x269
Details
- Parcel number: 16182020020000
- Zoning: SINGL
- Special conditions: None
Utilities & green energy
- Water: Municipal Water
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Community & HOA
Location
- Region: Lake Forest
Financial & listing details
- Tax assessed value: $500,648
- Annual tax amount: $10,352
- Date on market: 6/5/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2026 | Contingent | $400,000 |
Source:  MRED as distributed by MLS GRID #12658096 Report a problem | ||
| 6/5/2026 | Listed for sale | $400,000-84% |
Source: MRED as distributed by MLS GRID #12658096 Report a problem | ||
| 5/4/2026 | Listing removed | $2,495,000 |
Source: MRED as distributed by MLS GRID #12620120 Report a problem | ||
| 5/2/2026 | Listed for sale | $2,495,000 |
Source: MRED as distributed by MLS GRID #12620120 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $10,452 -1.7% | $173,874 +4.2% |
| 2022 | $10,630 +5.7% | $166,866 -5.7% |
| 2021 | $10,056 +2.7% | $176,865 +3.5% |
| 2020 | $9,795 +3.3% | $170,881 +0.2% |
| 2019 | $9,482 +1.1% | $170,591 -5.7% |
| 2018 | $9,377 | $180,812 +0.3% |
| 2017 | $9,377 +4.8% | $180,235 +3.9% |
| 2016 | $8,947 -2.3% | $173,420 +6.4% |
| 2015 | $9,161 +2.9% | $162,943 -0.7% |
| 2014 | $8,904 +3.6% | $164,108 +0.9% |
| 2012 | $8,593 +4.3% | $162,660 -6.8% |
| 2011 | $8,236 -1.5% | $174,522 -8.9% |
| 2010 | $8,358 +3.2% | $191,652 -5.6% |
| 2009 | $8,098 +1.7% | $203,064 -2.2% |
| 2008 | $7,965 +8.2% | $207,738 +2.8% |
| 2006 | $7,358 +7.3% | $202,099 |
| 2005 | $6,857 +21.3% | -- |
| 2004 | $5,652 +1.2% | -- |
| 2003 | $5,584 +1.6% | -- |
| 2002 | $5,498 +5.3% | -- |
| 2001 | $5,222 +2.3% | $112,396 +6.4% |
| 2000 | $5,106 | $105,643 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 60045
Nearby schools
GreatSchools rating
- 10/10Everett Elementary SchoolGrades: K-4Distance: 1.7 mi
- 10/10Deer Path Middle School WestGrades: 7-8Distance: 1.7 mi
- 9/10Lake Forest High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Everett Elementary School
- Middle: Deer Path Middle School
- High: Lake Forest High School
- District: 67
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Lake County
- Lake Forest
- 60045
- 1151 W Old Mill Rd
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