480 Saunders Rd Lake Forest, IL 60045
Estimated payment $3,360/month
About This Lot
New Home Opportunity. Build your Dream Home Here** Live Where You Dream! ** Attention Builders** Seller willing to share previous Engineering reports* Report shows NO WETLAND** Potential for NEW Subdivision of 4 lots APPROVED BY Lake Forest** Lake Forest Prime Location available to Build New Single Family Homes. **ALL NEW Builds would be required to connect to City Water (Lake Michigan) and City Sanitary Sewer***Six acres situated on Saunders Road, adjacent to Conway Farms where large custom homes boast spacious yards. *Easy Access to 94 Expressway and Route 60**Close to Lake Michigan. Enjoy the Private Beach as a Lake Forrest Resident.**Lake Forest has a true Downtown Retail and Restaurant Experience** Top Rated Private and Public Schools. Lake Forest High School**TAXES REDUCED
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,553
Lot Details
- 6.07 Acre Lot
- Lot Dimensions are 601x719x350x772
Schools
- Lake Forest High School
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 | $10,553 | $176,123 | $176,123 | -- |
| 2023 | $19,819 | $166,185 | $166,185 | -- |
| 2022 | $19,819 | $165,539 | $165,539 | $0 |
| 2021 | $19,390 | $163,754 | $163,754 | $0 |
| 2020 | $19,022 | $164,313 | $164,313 | $0 |
| 2019 | $18,563 | $163,707 | $163,707 | $0 |
| 2018 | $17,473 | $157,699 | $157,699 | $0 |
| 2017 | $17,255 | $154,018 | $154,018 | $0 |
| 2016 | $16,875 | $147,484 | $147,484 | $0 |
| 2015 | $13,143 | $236,228 | $137,925 | $98,303 |
| 2014 | $14,470 | $260,769 | $148,132 | $112,637 |
| 2012 | $14,099 | $261,292 | $148,429 | $112,863 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2025 04/19/25 | Pending | -- | -- | -- |
| 03/24/2025 03/24/25 | For Sale | $475,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $550,000 | Greater Illinois Title Co | |
| Sheriffs Deed | -- | None Available | |
| Deed | -- | None Available | |
| Special Warranty Deed | $672,000 | Forum Title Insurance Co | |
| Deed | $10,300 | None Available | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | $2,100,000 | Multiple | |
| Interfamily Deed Transfer | -- | Security First Title Co | |
| Warranty Deed | $1,500,000 | St |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $540,000 | Purchase Money Mortgage | |
| Previous Owner | $420,000 | Credit Line Revolving | |
| Previous Owner | $1,470,000 | New Conventional | |
| Previous Owner | $1,308,500 | New Conventional | |
| Previous Owner | $1,000,000 | Fannie Mae Freddie Mac | |
| Closed | $300,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12319941
APN: 15-01-300-032
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