$5,500,000

700 Forest Cove Rd Lake Bluff, IL 60044

Estimated payment $30,813/month

Total Views 5,723
6 Acres
$994,575 Price per Acre
240,887 Sq Ft Lot

Highlights

  • Waterfront
  • Lake Bluff Elementary School Rated A
  • 5.53 Acre Lot

About This Lot

Stunning Lakefront Property in Lake Bluff - A Once-in-a-Lifetime Opportunity! Seize the chance to build your dream home on over five acres of lakefront property. This extraordinarily rare offering presents an unparalleled opportunity to create a custom home that matches your vision and lifestyle. Contact the listing agent today for more details or to schedule a private tour. **Please note: Do not walk the property.**

Listing Agent

Susan Miner

Premier Relocation, Inc. License #471007596 Listed on: 06/25/2025

Co-Listing Agent

Anna Prodanovic

Premier Relocation, Inc. License #475142463

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,397

Lot Details

  • 5.53 Acre Lot
  • Lot Dimensions are 381x152x126x118x155x496x159x56x167x59x635
  • Waterfront

Schools

  • Lake Bluff Elementary School
  • Lake Bluff Middle School

Property Details

Property Type

Land

Est. Annual Taxes

$8,397

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Train
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 381
  • Frontage Type: Public Road
  • List Price: 5500000
  • Waterfront: Yes

Utilities

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

Schools

  • Elementary School: Lake Bluff Elementary School
  • Middle/Junior School: Lake Bluff Middle School
  • Middle/Junior School District: 65

Lot Info

  • Lot Size Acres: 5.53
  • Lot Dimensions: 381X152X126X118X155X496X159X56X167X59X635
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N
  • Land Description: Beach

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 8396.84
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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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
2024 $81,368 $1,211,405 $1,211,405 --
2023 $78,277 $1,116,708 $1,116,708 --
2022 $78,277 $1,106,528 $1,106,528 $0
2021 $75,558 $1,096,984 $1,096,984 $0
2020 $73,907 $1,103,051 $1,103,051 $0
2019 $71,268 $1,082,803 $1,082,803 $0
2018 $81,533 $1,211,028 $1,211,028 $0
2017 $85,379 $1,309,863 $1,309,863 $0
2016 $81,777 $1,246,776 $1,246,776 $0
2015 $81,213 $1,173,989 $1,173,989 $0
2014 -- $1,183,121 $1,183,121 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $5,500,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $5,500,000 Chicago Title
Deed $5,500,000 Chicago Title
Warranty Deed $750,000 Chicago Title Insurance Comp
Warranty Deed $3,175,000 Premier Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,500,000 Future Advance Clause Open End Mortgage
Previous Owner $2,500,000 Unknown
Previous Owner $1,600,000 Purchase Money Mortgage
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12403347

Midwest Real Estate Data (MRED)

APN: 12-21-402-118