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Contingent
  • $1,695,000

    550 S Green Bay Rd, Lake Forest, IL 60045

    5beds
    5,108sqft
    : 
    $11,721/mo
    Get pre-qualified
    Single Family Residence
    Built in 1964
    1.35 Acres Lot
    $-- Zestimate®
    $332/sqft
    $-- HOA

    What's special

    Soaring ceilingsDramatic walls of glassNew roof
    Architecturally significant and beautifully preserved, this exceptional Roy Binkley-designed Mid-Century Modern residence is set on 1.3 private, wooded acres, offering a rare blend of design pedigree, modern updates, and flexible living spaces. Defined by soaring ceilings, dramatic walls of glass, and Binkley's signature integration of architecture and nature, the home is rich in texture, form, and function. Thoughtfully designed for primarily one-level living, the residence includes a fully integrated private suite with its own entrance, kitchenette, office, and sitting room-ideal for guests, multigenerational living, an au pair, or a private work-from-home retreat. Expansive windows frame breathtaking views of the surrounding landscape from nearly every room, creating the sensation of living among the treetops. The walk-out lower level offers additional living and recreation space, perfect for a fitness studio, media room, or teen retreat, all with serene views of the property. Significant improvements include a new roof and skylights (2025), along with beautifully expanded primary and second-floor baths. Freshly painted inside and out, this meticulously maintained home is truly move-in ready. A rare opportunity to own a timeless architectural gem where every angle reveals a new perspective and every room celebrates the beauty of its natural surroundings. Adjacent to Waveland Park.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Marina Carney 847-416-0446,

    Compass,

    Andrew Mrowiec 847-308-2589,

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12666669MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom 5, Office, Library, Recreation Room, Deck
      Primary bedroom
      • Features: Bathroom (Full)
      • Level: Main
      • Area: 432 Square Feet
      • Dimensions: 24X18
      Bedroom 2
      • Level: Main
      • Area: 208 Square Feet
      • Dimensions: 16X13
      Bedroom 3
      • Level: Second
      • Area: 156 Square Feet
      • Dimensions: 13X12
      Bedroom 4
      • Level: Second
      • Area: 132 Square Feet
      • Dimensions: 12X11
      Bedroom 5
      • Level: Second
      • Area: 121 Square Feet
      • Dimensions: 11X11
      Deck
      • Level: Main
      • Area: 260 Square Feet
      • Dimensions: 26X10
      Dining room
      • Level: Main
      • Area: 204 Square Feet
      • Dimensions: 17X12
      Family room
      • Level: Main
      • Area: 432 Square Feet
      • Dimensions: 24X18
      Kitchen
      • Level: Main
      • Area: 130 Square Feet
      • Dimensions: 13X10
      Laundry
      • Level: Main
      • Area: 96 Square Feet
      • Dimensions: 12X8
      Library
      • Level: Main
      • Area: 272 Square Feet
      • Dimensions: 17X16
      Living room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 609 Square Feet
      • Dimensions: 29X21
      Office
      • Level: Main
      • Area: 192 Square Feet
      • Dimensions: 16X12
      Recreation room
      • Level: Basement
      • Area: 544 Square Feet
      • Dimensions: 32X17
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Features
      • Basement: Partially Finished,Partial,Walk-Out Access
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 0
      • Total interior livable area: 5,108 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, Yes, Garage Owned, Attached, Garage
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 2
      Lot
      • Size: 1.35 Acres
      • Dimensions: 180x333
      Details
      • Parcel number: 16043020100000
      • Special conditions: List Broker Must Accompany

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mid-Century Modern
      • Property subtype: Single Family Residence
      Materials
      • Cedar
      • Foundation: Concrete Perimeter
      • Roof: Shake
      Condition
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer, Storm Sewer
      • Water: Lake Michigan, Public

      Community & HOA

      HOA
      • Services included: None
      Location
      • Region: Lake Forest

      Financial & listing details

      • Price per square foot: $332/sqft
      • Tax assessed value: $1,392,139
      • Annual tax amount: $27,531
      • Date on market: 6/3/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2024$27,162 +11.2%$486,458 +4.8%
        2023$24,420 +3.4%$464,000 +16.7%
        2022$23,606 +4.9%$397,587 -0.2%
        2021$22,501 +3.5%$398,290 +3.5%
        2020$21,732 +3.5%$384,813 +0.2%
        2019$21,005 -4.3%$384,160 -10.6%
        2018$21,940 $429,660 +0.3%
        2017$21,940 +4.8%$428,290 +3.9%
        2016$20,930 +20.7%$412,095 +6.4%
        2015$17,341 -17.4%$387,198 -1.4%
        2014$20,985 +3.6%$392,829 +0.9%
        2012$20,264 +4.2%$389,364 -6.8%
        2011$19,439 +13.2%$417,758 +4.5%
        2010$17,176 +3.2%$399,737 -5.6%
        2009$16,652 +1.5%$423,541 -13.1%
        2008$16,402 -13.2%$487,171 +2.8%
        2006$18,894 +7.4%$473,948
        2005$17,594 +6.4%--
        2004$16,539 +0.9%--
        2003$16,391 +2.3%--
        2002$16,017 +5.4%--
        2001$15,191 +2.4%$332,889 +6.4%
        2000$14,839 $312,889
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        Getting around

        5 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cherokee Elementary 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.

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