550 S Green Bay Rd Lake Forest, IL 60045
Lake Forest AreaEstimated payment $11,601/month
Highlights
- Very Popular Property
- 1.35 Acre Lot
- Deck
- Cherokee Elementary School Rated A
- Midcentury Modern Architecture
- Recreation Room
About This Home
Architecturally significant and beautifully preserved, this exceptional Roy Binkley-designed Mid-Century Modern residence is set on 1.3 private, wooded acres, offering a rare blend of design pedigree, modern updates, and flexible living spaces. Defined by soaring ceilings, dramatic walls of glass, and Binkley's signature integration of architecture and nature, the home is rich in texture, form, and function. Thoughtfully designed for primarily one-level living, the residence includes a fully integrated private suite with its own entrance, kitchenette, office, and sitting room-ideal for guests, multigenerational living, an au pair, or a private work-from-home retreat. Expansive windows frame breathtaking views of the surrounding landscape from nearly every room, creating the sensation of living among the treetops. The walk-out lower level offers additional living and recreation space, perfect for a fitness studio, media room, or teen retreat, all with serene views of the property. Significant improvements include a new roof and skylights (2025), along with beautifully expanded primary and second-floor baths. Freshly painted inside and out, this meticulously maintained home is truly move-in ready. A rare opportunity to own a timeless architectural gem where every angle reveals a new perspective and every room celebrates the beauty of its natural surroundings. Adjacent to Waveland Park.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,532
Year Built
- Built in 1964
Lot Details
- 1.35 Acre Lot
- Lot Dimensions are 180x333
Parking
- 2 Car Attached Garage
- Parking Available
- Gravel Driveway
- Parking Included in Price
Home Design
- Midcentury Modern Architecture
- Shake Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 6,108 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room with Fireplace
- Dining Room
- Home Office
- Library
- Recreation Room
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
Partially Finished Basement
- Walk-Out Basement
- Partial Basement
Outdoor Features
- Deck
Schools
- Cherokee Elementary School
- Lake Forest High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $27,162 | $486,458 | $210,389 | $276,069 |
| 2024 | $24,420 | $464,000 | $200,676 | $263,324 |
| 2023 | $24,420 | $397,587 | $171,953 | $225,634 |
| 2022 | $23,596 | $398,290 | $181,062 | $217,228 |
| 2021 | $22,501 | $384,005 | $174,568 | $209,437 |
| 2020 | $21,732 | $384,813 | $174,935 | $209,878 |
| 2019 | $21,005 | $384,160 | $174,638 | $209,522 |
| 2018 | $22,159 | $429,660 | $183,534 | $246,126 |
| 2017 | $22,104 | $428,290 | $182,949 | $245,341 |
| 2016 | $21,271 | $412,095 | $176,031 | $236,064 |
| 2015 | $20,930 | $387,198 | $165,396 | $221,802 |
| 2014 | $20,985 | $392,829 | $166,578 | $226,251 |
| 2012 | $20,264 | $389,364 | $165,109 | $224,255 |
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/24/2026 08/24/26 | For Sale | $1,695,000 | -- | $278 / Sq Ft |
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 |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
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 |
|---|---|---|---|
| Open | $1,148,400 | Credit Line Revolving | |
| Previous Owner | $1,148,400 | Credit Line Revolving | |
| Previous Owner | $125,000 | Credit Line Revolving | |
| Previous Owner | $600,000 | Credit Line Revolving |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12741024
APN: 16-04-302-010
- 476 Briar Ln
- 322 Greenwood Ave
- 355 Oakdale Ave
- 926 Valley Rd
- 104 E Louis Ave
- 455 Rockefeller Rd
- 1035 Forest Hill Rd
- 120 W Blackthorn Ln
- 130 W Blackthorn Ln
- 1161 Valley Rd
- 770 Northmoor Rd
- 565 Ryan Place
- 30 S Sheridan Rd
- 139 Washington Cir
- 1041 Havenwood Ln
- 3464 Old Mill Rd
- 455 Hunter Ln
- 250 Wilshire Rd
- 249 Wilshire Rd
- 1123 Breckenridge Ave
- 578 Ivy Ct
- 34 Washington Rd
- 255 N Green Bay Rd
- 427 N Sheridan Rd
- 148 N Ahwahnee Rd
- 3148 Cottonwood Ct
- 580 N Bank Ln
- 580 N Bank Ln Unit 33
- 389 E Deerpath Rd Unit 1
- 3107 Dato Ave
- 322 Euclid Ave
- 285 W Westminster
- 1111 S Waukegan Rd Unit 14
- 634 Sheridan Rd
- 1161 Gavin Ct
- 423 Funston Ave Unit 2F
- 440 Green Bay Rd
- 23327 N Wildwood Ln
- 20 Webster Ave Unit C
- 250 High St
Ask me questions while you tour the home.