$550,000
SOLD JUN 11, 2025

720 W Tamarack Trail Lake Forest, IL 60045

0.36 Acre
$1,527,778 Price per Acre
15,682 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

111 Days on Market

About This Lot

As of June 2025

Unique opportunity to build your custom home using your own architect and builder in this newly formed cul-de-sac Lake Forest subdivision, The Preserve at Westleigh. One of 9 incredible home sites with unobstructed views of Lake Forest Open Lands. This property is also available as proposed construction - see listing #11697699

Last Agent to Sell the Property

Donna Mancuso

Jameson Sotheby's International Realty License #475138758 Listed on: 01/31/2025

Jameson Sotheby's International Realty

Co-Listed By

Jean Anderson

Jameson Sotheby's International Realty License #475124065

Last Buyer's Agent

Natasha Taylor Miller

@properties Christie's International Real Estate License #475144771

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,859

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 42 x 140.10 x 177.02 x 136.49

Schools

  • Cherokee Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Community Details

  • The Preserve At Westleigh Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,859

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple w/ HO Assn.
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: The Preserve at Westleigh
  • General Information: School Bus Service,Commuter Train
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 42
  • Frontage Type: City Street
  • List Price: 550000
  • Waterfront: No

Utilities

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

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.36
  • Lot Dimensions: 42 X 140.10 X 177.02 X 136.49
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Subdivision Lot Number: 5
  • Estimated Land Sq Ft: 15,715
  • Total Listed Lots Avail: 9

Rental Info

  • Board Number: 2

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2859
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Jun 6, 2025
Sold by
Westleigh Preserve Llc
Bought by
Revocable Trust Agreement Of Kenneth A Freema
Seller's Agent
Donna Mancuso
Jameson Sotheby's International Realty
Buyer's Agent
Natasha Taylor Miller
@properties Christie's International Real Estate
List Price
$550,000
Sold Price
$550,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.34%
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $550,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,950,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $550,000 0.0% $138 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $550,000 -- $138 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $5,655 $94,158 $94,158 --
2023 $2,859 $90,363 $90,363 --
2022 $2,859 $47,586 $47,586 $0
2021 $2,705 $45,879 $45,879 $0
2020 $1,193 $20,783 $20,783 $0
2019 $1,157 $20,748 $20,748 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12219691

Midwest Real Estate Data (MRED)

APN: 16-05-106-009