55 Prospect Ave Highland Park, IL 60035
East Highland Park NeighborhoodEstimated payment $41,619/month
Highlights
- Very Popular Property
- Lake Front
- Spa
- Indian Trail Elementary School Rated A
- Beach Access
- 1.54 Acre Lot
About This Home
Welcome to 55 Prospect Avenue-where every day feels like a seaside escape. Perfectly sited on 1.5 acres with an extraordinary 175 feet of private Lake Michigan beachfront, this coastal-inspired estate offers a rare blend of architectural elegance, resort-style living, and timeless design. Evoking the relaxed sophistication of the Hamptons, this is Highland Park's crown jewel. Designed and built by some of the most respected names in luxury construction and recently reimagined to elevate both form and function, the residence spans over 9,000 square feet of masterfully crafted living space. Landscape architect Bill Eiserman reengineered the bluff and curated the grounds into a private, protected sanctuary with lush, purposeful design and uninterrupted lake views. Inside, floor-to-ceiling windows frame panoramic, ever-changing views of the lake, infusing every room with natural light and the calm of the shoreline. The main floor was designed for seamless entertaining and relaxed living, with soft, organic tones and a thoughtful layout that blends openness with intimacy. At the heart of the home lies the showpiece kitchen-featuring butcher block and marble countertops, professional-grade appliances, and expansive prep and serving areas ideal for both culinary pursuits and gathering with friends. The main residence includes 4 bedrooms and 5.2 baths, each beautifully appointed. The primary suite is a serene retreat, offering peaceful morning lake views at every turn, and an ambiance that invites rest, renewal, and reflection. An elevator services all floors, offering ease and accessibility throughout the home. Just steps away, a guest house mirrors the architecture and charm of the main home and includes a bedroom, full bath, exercise studio, and recreation space. The breezeway connecting the two structures features twin porch swings-an unexpected and whimsical detail that invites quiet reflection and a moment to take in the breeze off the lake. The outdoor living experience is just as exceptional. An outdoor shower adds convenience and practicality for those perfect beach days. The expansive, landscaped backyard features a beautiful stone patio for al fresco dining, and a built-in fire pit overlooking lush gardens and the serene blue waters beyond, creating the perfect setting for intimate gatherings or tranquil evenings under the stars. Car enthusiasts will appreciate the oversized 6-car garage, providing ample space for a prized collection or weekend cruisers. This is more than a home-it's a lifestyle of privacy, beauty, and effortless luxury, just minutes from the heart of Highland Park and world-class schools and amenities.
Listing Agent
@properties Christie's International Real Estate License #475123706 Listed on: 09/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $116,143
Year Built
- Built in 1995 | Remodeled in 2006
Lot Details
- 1.54 Acre Lot
- Lot Dimensions are 106x572x181x470
- Lake Front
- Dog Run
- Landscaped Professionally
- Mature Trees
Parking
- 6 Car Garage
- Circular Driveway
- Parking Included in Price
Home Design
- Cape Cod Architecture
- Shake Roof
- Concrete Perimeter Foundation
Interior Spaces
- 9,000 Sq Ft Home
- 2-Story Property
- Elevator
- Gas Log Fireplace
- Window Screens
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Sitting Room
- Combination Dining and Living Room
- Breakfast Room
- Home Office
- Recreation Room
- Lower Floor Utility Room
- Wood Flooring
- Unfinished Attic
- Property Views
Kitchen
- Double Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Laundry in multiple locations
- Dryer
- Washer
- Sink Near Laundry
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Home Security
- Home Security System
- Fire Sprinkler System
Outdoor Features
- Spa
- Beach Access
- Lake Privileges
- Balcony
- Patio
- Fire Pit
- Breezeway
- Outdoor Grill
Schools
- Indian Trail Elementary School
- Edgewood Middle School
- Highland Park High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
- Cape Cod
- Community Lake
Listing and Financial Details
- Homeowner Tax Exemptions
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 | $116,143 | $1,468,800 | $789,553 | $679,247 |
| 2023 | $116,143 | $1,323,959 | $711,694 | $612,265 |
| 2022 | $109,880 | $1,226,170 | $781,836 | $444,334 |
| 2021 | $101,361 | $1,185,278 | $755,762 | $429,516 |
| 2020 | $98,080 | $1,185,278 | $755,762 | $429,516 |
| 2019 | $94,759 | $1,179,734 | $752,227 | $427,507 |
| 2018 | $88,572 | $1,150,680 | $609,226 | $541,454 |
| 2017 | $85,858 | $1,144,045 | $605,713 | $538,332 |
| 2016 | $82,855 | $1,089,152 | $576,650 | $512,502 |
| 2015 | $80,425 | $1,011,941 | $535,771 | $476,170 |
| 2014 | $94,806 | $1,163,905 | $664,489 | $499,416 |
| 2012 | $90,226 | $1,170,696 | $668,366 | $502,330 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $5,995,000 | -- | $666 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $5,000,000 | None Available | |
| Warranty Deed | $533,333 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $940,000 | Unknown | |
| Previous Owner | $490,000 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12468025
APN: 16-24-302-022
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.
- 215 Prospect Ave
- 1610 Linden Ave
- 493 Hazel Ave
- 282 Linden Park Place
- 500 Lincoln Ave W
- 1601 Oakwood Ave Unit 406
- 1950 Sheridan Rd Unit 105
- 1345 Saint Johns Ave
- 1330 Sheridan Rd
- 650 Walnut St Unit 301
- 2021 Saint Johns Ave Unit 4C
- 1296 Saint Johns Ave
- 260 Beech St
- 1789 Green Bay Rd Unit B
- 1373 Oakwood Ave
- 2066 Saint Johns Ave Unit 301
- 2066 Saint Johns Ave Unit 304
- 184 Maple Ave
- 2441 Woodbridge Ln
- 2046 Saint Johns Ave Unit 2A
- 2078 Linden Ave
- 1990 Sheridan Rd
- 1478 Glencoe Ave Unit 2W
- 1329 Ridgewood Dr
- 1717 2nd St Unit 2W
- 1770 1st St Unit 501
- 1770 1st St Unit 703
- 650 Central Ave Unit 1 Bedroom
- 666 Central Ave Unit Small Studio
- 1849 Green Bay Rd
- 650 Elm Place Unit 515
- 650 Elm Place Unit 203
- 650 Elm Place Unit 314
- 650 Elm Place Unit 102
- 650 Elm Place Unit 412
- 696 Elm Place Unit 3
- 1850 Green Bay Rd Unit 319
- 1850 Green Bay Rd Unit 112
- 1850 Green Bay Rd
- 1910 Green Bay Rd Unit F