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Closed
  • $460,000

    24301 N Forest Dr, Lake Zurich, IL 60047

    3beds
    1,800sqft
    Single Family Residence
    Built in ----
    0.39 Acres Lot
    $451,300 Zestimate®
    $256/sqft
    $3,437 Estimated rent

    Home value

    $451,300

    $429,000 - $474,000

    $3,437/mo

    Zestimate® history
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    What's special

    Private lake settingPeaceful lakefront environmentExpansive water viewsWalkout basement
    Exceptional opportunity to own direct lakefront property on Forrest Lake in Lake Zurich offering flexibility for renovation, new construction, or development potential. Situated on two combined lots totalling approximately 0.341 acres, this 3-bedroom, 3-bath ranch home with walkout basement presents expansive water views and the rare advantage of a dual-lot configuration on a private lake setting. Positioned on the north end of Forrest Lake, the property benefits from southern sun exposure throughout the day, enhancing natural light and maximising enjoyment of the waterfront setting. Located on the wider open portion of the lake, the property captures both sunrise and sunset views, creating a peaceful lakefront environment ideal for year-round living or a private retreat. The property includes direct lake frontage with private pier, providing convenient access to the water for a variety of recreational activities. Forrest Lake is a no-wake lake allowing idle-only boating, supporting a quiet atmosphere ideal for kayaking, paddleboarding, fishing, and relaxing along the shoreline. The existing single-family ranch home features a walkout basement and detached 2.5-car garage, offering a functional starting point for those looking to update, expand, or re imagine the property. The presence of two legal lots creates a unique opportunity that is difficult to replicate within established lakefront communities. Buyers may consider renovating the current home, building a custom lakefront residence, or exploring development possibilities that take advantage of the lot configuration and desirable location. Lakefront land opportunities with this level of flexibility are limited. Conveniently located less than five minutes from downtown Lake Zurich and near the shopping, dining, and amenities of nearby Kildeer, the property offers both privacy and accessibility. This location allows residents to enjoy the benefits of lake living while remaining close to everyday conveniences.Whether seeking a custom lakefront estate, private waterfront retreat, or investment opportunity, this Forrest Lake property presents significant potential in a desirable Lake Zurich location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Janelle Vik 224-277-0687,

    Baird & Warner

    Bought with:

    Robert Christian

    Westward360 RM

    Source: MRED as distributed by MLS GRID,MLS#: 12600327MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room
    Primary bedroom
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Bedroom 2
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10X12
    Bedroom 3
    • Level: Basement
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Bonus room
    • Level: Basement
    • Area: 150 Square Feet
    • Dimensions: 10X15
    Dining room
    • Level: Main
    • Area: 500 Square Feet
    • Dimensions: 20X25
    Kitchen
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 13X18
    Living room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 500 Square Feet
    • Dimensions: 20X25
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Partially Finished,Exterior Entry,Concrete,Rec/Family Area,Walk-Up Access,Full,Walk-Out Access
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,800 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Asphalt, Yes, Garage Owned, Detached, Owned, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Back of Property
    • Has water view: Yes
    • Water view: Back of Property
    Lot
    • Size: 0.39 Acres
    • Dimensions: 100x170
    Details
    • Parcel number: 14104130010000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well

    Community & HOA

    Community
    • Features: Clubhouse, Lake, Dock, Water Rights
    HOA
    • Has HOA: Yes
    • Services included: Lake Rights
    • HOA fee: $150 annually
    Location
    • Region: Lake Zurich

    Financial & listing details

    • Price per square foot: $256/sqft
    • Tax assessed value: $406,547
    • Annual tax amount: $7,295
    • Date on market: 5/2/2026
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Has irrigation water rights: Yes

    Price history

    DateEventPrice
    5/29/2026Sold$460,000+2.2%$256/sqft
    Source: MRED as distributed by MLS GRID #12600327 Report a problem
    5/20/2026Listing removed$450,000$250/sqft
    Source: MRED as distributed by MLS GRID #12600327 Report a problem
    5/5/2026Contingent$450,000$250/sqft
    Source: MRED as distributed by MLS GRID #12600327 Report a problem
    5/2/2026Listed for sale$450,000$250/sqft
    Source: MRED as distributed by MLS GRID #12600327 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,295 -6%$141,478 +4.4%
    2023$7,764 -2.2%$135,502 +11%
    2022$7,935 +3.6%$122,096 +2.8%
    2021$7,658 +1.9%$118,761 +2.6%
    2020$7,513 +1.5%$115,717 +0.9%
    2019$7,404 +9.4%$114,707 +6%
    2018$6,769 -5%$108,253 +1.2%
    2017$7,121 +3.1%$106,948 +3.3%
    2016$6,907 -5.2%$103,561 +5%
    2015$7,289 +0.8%$98,639 -1.3%
    2014$7,230 -0.4%$99,932 -0.2%
    2012$7,258 +2.7%$100,143 -10.9%
    2011$7,066 +4.6%$112,371 -1.3%
    2010$6,754 +4%$113,895 -4%
    2009$6,493 +2.1%$118,641 +2.1%
    2008$6,360 -3.3%$116,235 +11.3%
    2006$6,579 +13.6%$104,480
    2005$5,791 -6.7%--
    2004$6,206 +2.6%--
    2003$6,048 +7.4%--
    2002$5,631 +108.1%--
    2001$2,705 -43.8%$88,195 +2.7%
    2000$4,815 $85,874
    Find assessor info on the county website

    Neighborhood: 60047

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 95

    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.

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    Estimated market value
    $451,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $451,300