2200 W Saunders Rd Lake Forest, IL 60045
Estimated payment $1,734/month
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
@properties Christie's International Real Estate License #475127501 Listed on: 12/05/2024

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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $125,000 | First American Title | |
Deed | -- | Chicago Title Insurance Co |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12221596

APN: 15-01-100-025
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