262 E Foster Place Lake Forest, IL 60045
Estimated payment $9,311/month
Highlights
- 1.82 Acre Lot
- Cherokee Elementary School Rated A
- Zoned Heating and Cooling
About This Lot
This exceptional 1.82-acre parcel offers an unparalleled opportunity to build your dream home in coveted East Lake Forest. Located on a picturesque street surrounded by impressive estates, this lot is the perfect setting for new construction. Currently, a 4-bedroom, 2.1-bathroom split-level home sits on the property, but the real value lies in the land itself. Fabulous location -- a convenient walk to town and to Lake Forest Country Day School. There is no builder affiliation, so you have the freedom to choose your own builder. Don't miss this rare opportunity to build in one of the most desirable areas of Lake Forest!
Listing Agent
@properties Christie's International Real Estate License #475127633 Listed on: 04/05/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $22,271
Lot Details
- 1.82 Acre Lot
- Lot Dimensions are 320 x 329 x 225 x 243
- Property is zoned SINGL
Parking
- Driveway
Schools
- Cherokee Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Zoned Heating and Cooling
- Partial Air Conditioning Available
- Heating System Uses Natural Gas
- Radiant Heating System
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 | $22,271 | $309,636 | $227,468 | $82,168 |
| 2023 | $15,624 | $354,982 | $218,299 | $136,683 |
| 2022 | $15,624 | $259,170 | $229,917 | $29,253 |
| 2021 | $14,770 | $249,875 | $221,671 | $28,204 |
| 2020 | $14,399 | $250,400 | $222,137 | $28,263 |
| 2019 | $13,916 | $249,975 | $221,760 | $28,215 |
| 2018 | $16,842 | $321,445 | $235,048 | $86,397 |
| 2017 | $16,676 | $320,419 | $234,298 | $86,121 |
| 2016 | $18,631 | $355,265 | $225,438 | $129,827 |
| 2015 | $18,328 | $333,801 | $211,818 | $121,983 |
| 2014 | $14,284 | $263,264 | $213,333 | $49,931 |
| 2012 | $13,784 | $260,942 | $211,451 | $49,491 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $1,349,900 | -3.2% | -- |
| 04/05/2025 04/05/25 | For Sale | $1,395,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Chicago Title Land Trust Co | |
| Quit Claim Deed | -- | None Available | |
| Deed | $1,255,000 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $257,000 | Unknown | |
| Previous Owner | $250,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12328056
APN: 16-04-102-014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 261 E Onwentsia Rd
- 45 E Mallard Ln
- 390 S Basswood Rd
- 631 Northmoor Rd
- 641 Highview Terrace
- 24 Washington Cir
- 31 E Sandpiper Ln
- 209 N Green Bay Rd
- 670 S Green Bay Rd
- 510 Buena Rd
- 674 Timber Ln
- 163 Washington Rd
- 25 Barnswallow Ln
- 479 E Illinois Rd
- 550 Rosemary Rd
- 971 Ashley Rd
- 81 W North Ave
- 104 E Louis Ave
- 710 Buena Rd
- 450 Hunter Ln
- 390 S Basswood Rd
- 42 S Maywood Rd
- 580 Ivy Ct
- 255 N Green Bay Rd
- 201 Washington Rd
- 293 Scott St
- 617 W Everett Rd Unit 617 W Everett Rd
- 1551 Edgewood Rd
- 334 Euclid Ave
- 110 Indian Rd
- 2936 Warbler Place
- 2700 Point Ln
- 634 Sheridan Rd
- 546 Green Bay Rd
- 546 Green Bay Rd Unit 409
- 546 Green Bay Rd Unit 404
- 546 Green Bay Rd Unit 401
- 546 Green Bay Rd Unit 209
- 546 Green Bay Rd Unit 201
- 440 Green Bay Rd Unit 610