490 College Rd Lake Forest, IL 60045
Estimated payment $12,796/month
Total Views
27,271
7
Beds
5.5
Baths
4,919
Sq Ft
$405
Price per Sq Ft
Highlights
- Popular Property
- 1.11 Acre Lot
- Recreation Room
- Sheridan Elementary School Rated A
- Deck
- Wood Flooring
About This Home
Welcome to 490 College Road in Lake Forest, IL-a spacious 4,206-square-foot home that perfectly blends generous indoor living with beautiful outdoor space. Ideally located just a short walk from town and the Gorton Community Center, this home offers convenience, comfort, and room to live your lifestyle to the fullest. Inside, you'll find a warm and inviting atmosphere throughout the expansive layout, which includes over six bedrooms and five and a half bathrooms. The current primary suite features two full bathrooms and two dressing rooms-an exceptional retreat within the home. Each bedroom is generously sized, providing comfort and privacy for family and guests alike. The home's exterior is equally impressive, with mature landscaping and well-maintained grounds that add charm and curb appeal. The outdoor space is perfect for entertaining or simply unwinding in a peaceful, natural setting. Combining privacy with accessibility, this home offers a quiet haven while keeping you closely connected to the vibrant Lake Forest community. Experience the perfect balance of elegance, space, and location at this distinguished address. Don't miss your chance to make it your own.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,690
Year Built
- Built in 1923
Lot Details
- 1.11 Acre Lot
- Lot Dimensions are 132x375
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Shake Roof
Interior Spaces
- 4,919 Sq Ft Home
- 3-Story Property
- Bookcases
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Breakfast Room
- Home Office
- Recreation Room
- Play Room
- Sewing Room
- Screened Porch
- Wood Flooring
- Basement Fills Entire Space Under The House
- Laundry Room
Kitchen
- Range
- High End Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- Walk-In Closet
Outdoor Features
- Deck
- Outbuilding
Schools
- Sheridan Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Central Air
- Partial Air Conditioning Available
- Heating System Uses Steam
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Map
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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 | $23,690 | $417,019 | $284,723 | $132,296 |
| 2023 | $23,690 | $384,420 | $262,466 | $121,954 |
| 2022 | $21,968 | $369,820 | $252,498 | $117,322 |
| 2021 | $21,356 | $366,630 | $250,320 | $116,310 |
| 2020 | $23,059 | $406,539 | $251,704 | $154,835 |
| 2019 | $23,256 | $423,291 | $247,084 | $176,207 |
| 2018 | $28,156 | $533,280 | $331,481 | $201,799 |
| 2017 | $28,360 | $549,945 | $325,940 | $224,005 |
| 2016 | $30,142 | $579,417 | $310,242 | $269,175 |
| 2015 | $29,806 | $545,590 | $292,130 | $253,460 |
| 2014 | $27,176 | $495,639 | $262,274 | $233,365 |
| 2012 | $26,635 | $499,938 | $264,549 | $235,389 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | For Sale | $1,990,000 | -- | $405 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Trustee Deed | $752,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $600,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $458,000 | Unknown | |
| Previous Owner | $453,000 | Unknown | |
| Previous Owner | $421,650 | Unknown | |
| Previous Owner | $375,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12457235
APN: 12-33-208-017
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