$475,000
PENDING

480 Saunders Rd Lake Forest, IL 60045

Estimated payment $3,449/month

Total Views 6,016
6.07 Acres
$78,254 Price per Acre
264,409 Sq Ft Lot

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

Listing Agent

Terry Anderson

Baird & Warner License #471001423 Listed on: 03/24/2025

Baird & Warner

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

Property Details

Property Type

Land

Est. Annual Taxes

$10,553

Lot Details

6.07 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Connected
  • Water Source: Municipal Water

Schools

  • High School: Lake Forest High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 6.07
  • Lot Dimensions: 601X719X350X772
  • Lot Size: 6.0-7.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 10553.38
  • Tax Year: 2023
  • Tax Exemptions: None

Map

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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
2025 $10,632 $192,437 $192,437 --
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
Source: Public Records

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 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12319941

Midwest Real Estate Data (MRED)

APN: 15-01-300-032

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