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  • $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
    $5,004 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $5,004/mo

    Zestimate® history
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    What's special

    Mature treesGenerous frontageAmple spaceNatural surroundingsBeautiful natural setting
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alissa McNicholas 847-530-3098,

    Compass,

    Peter Coutant 224-221-4026,

    Compass

    Bought with:

    Boguslaw Rola

    Arc Red Inc Arc Realty Group

    Source: MRED as distributed by MLS GRID,MLS#: 12658096MLS Logo

    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: $521,674
    • Annual tax amount: $10,352
    • Date on market: 6/5/2026
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/16/2026Sold$400,000
    Source: MRED as distributed by MLS GRID #12658096 Report a problem
    6/7/2026Contingent$400,000
    Source: MRED as distributed by MLS GRID #12658096 Report a problem
    6/5/2026Listed for sale$400,000-84%
    Source: MRED as distributed by MLS GRID #12658096 Report a problem
    5/4/2026Listing removed$2,495,000
    Source: MRED as distributed by MLS GRID #12620120 Report a problem
    5/2/2026Listed for sale$2,495,000
    Source: MRED as distributed by MLS GRID #12620120 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$10,352 -1%$182,290 +4.8%
    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

    Neighborhood: 60045

    Nearby schools

    GreatSchools rating
    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.