$235,000
$40K PRICE DROP

2200 W Saunders Rd Lake Forest, IL 60045

Estimated payment $1,734/month

Total Views 11,448
6 Acres
$40,517 Price per Acre
252,648 Sq Ft Lot

About This Lot

This is an incredible opportunity to own a huge lot in highly sought-after Lake Forest at an amazing price. Sitting on almost six acres of land, the parcel is full of natural beauty, with a wealth of majestic hardwood trees that provide the perfect setting for a dream home. Homeowners and developers alike can benefit from this great investment opportunity, with the possibility of bringing in their own builder or taking advantage of one that we can recommend. A huge advantage to this property is its location. It is close to many amenities including schools, restaurants, shopping, fitness centers, expressways and parks, as well as being only minutes away from I-294/94 and Highway 41. In addition, the property taxes just dropped because of the SSA 29 ending. Time is of the essence - this terrific property is priced to sell quickly, so don't wait! Not only is the property located in the desirable Lake Forest, with award-winning schools amongst the best in the nation, but it is also a great investment for homeowners and builders. Don't miss out on this amazing opportunity and contact the village of Lake Forest with any questions you may have. Approximately 1/3-1/2 of the property is wetland. R-3 PLUS zoning, build 1-3 homes. Potential buyers should check and confirm any information regarding wetlands, dividing, utilities, zoning and development directly with the Village of Lake Forest.

Listing Agent

Ron Knoll

@properties Christie's International Real Estate License #475127501 Listed on: 12/05/2024

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,101

Lot Details

  • 5.8 Acre Lot
  • Lot Dimensions are 331 x 686
  • Property is zoned SINGL

Schools

  • Lake Forest High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Laundry Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$5,101

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: None
  • Possible Use: Single Family, Other
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 331
  • Frontage Type: City Street
  • List Price: 235000
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: None
  • Laundry Features: None
  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby

Schools

  • High School: Lake Forest High School
  • Middle/Junior School District: 67

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.8
  • Lot Dimensions: 331 X 686
  • Zoning: SINGL
  • Lot Size: 4.0-4.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 5101
  • Tax Year: 2024
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,101 $85,128 $85,128 --
2023 $14,637 $80,325 $80,325 --
2022 $14,637 $80,013 $80,013 $0
2021 $14,359 $79,150 $79,150 $0
2020 $14,115 $79,420 $79,420 $0
2019 $13,830 $79,127 $79,127 $0
2018 $13,214 $76,223 $76,223 $0
2017 $13,178 $74,444 $74,444 $0
2016 $12,841 $71,286 $71,286 $0
2015 $3,709 $135,642 $135,642 $0
2014 $8,084 $145,680 $145,680 $0
2012 $7,772 $145,972 $145,972 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $235,000 -6.0% --
02/21/2025 02/21/25 Price Changed $250,000 -9.1% --
12/05/2024 12/05/24 For Sale $275,000 +120.0% --
09/16/2022 09/16/22 Sold $125,000 -29.4% --
08/19/2022 08/19/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $177,000 -6.3% --
06/27/2022 06/27/22 Price Changed $189,000 -5.0% --
04/29/2022 04/29/22 For Sale $199,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 First American Title
Deed -- Chicago Title Insurance Co
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12221596

Midwest Real Estate Data (MRED)

APN: 15-01-100-025