870 Woodbine Ln Lake Forest, IL 60045
Estimated payment $7,495/month
Highlights
- Water Views
- Sheridan Elementary School Rated A
- Farmhouse Style Home
About This Lot
Located on a corner lot with Winter views of Lake Michigan. This breathtaking 7/10 acre potential building site in East Lake Forest located on a quiet, tree lined street(only 3 lots away from Lake Michigan)! Two small existing structures currently on the property. Opportunity to build up to approximately 4.500 sq. ft. house(Please verify with the City of Lake Forest and contact them regarding development process and requirements). Plat of survey and aerial photo can be viewed/printed under "Additional Information" in the MLS. Seller is open to Owner Financing.
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,419
Lot Details
- 0.7 Acre Lot
- Lot Dimensions are 245 x 102 x 174 x 115 x 65 x 248
- Property is zoned SINGL
Parking
- 3 Parking Spaces
Home Design
- Farmhouse Style Home
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Water Views
- Partial Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Sheridan Elementary School
- Deer Path Middle School
- Lake Forest High School
Additional Features
- Outbuilding
- Residence on Property
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 | $11,419 | $206,665 | $149,544 | $57,121 |
| 2023 | $11,419 | $181,439 | $131,290 | $50,149 |
| 2022 | $10,241 | $169,608 | $122,729 | $46,879 |
| 2021 | $9,957 | $168,145 | $121,670 | $46,475 |
| 2020 | $9,734 | $169,075 | $122,343 | $46,732 |
| 2019 | $9,248 | $165,971 | $120,097 | $45,874 |
| 2018 | $8,990 | $151,351 | $126,242 | $25,109 |
| 2017 | $10,031 | $190,963 | $159,287 | $31,676 |
| 2016 | $9,555 | $181,765 | $151,615 | $30,150 |
| 2015 | $9,123 | $171,154 | $142,764 | $28,390 |
| 2014 | $6,916 | $187,690 | $160,216 | $27,474 |
| 2012 | $9,896 | $189,318 | $161,606 | $27,712 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 05/30/2025 05/30/25 | Price Changed | $1,195,000 | -22.9% | -- |
| 05/09/2025 05/09/25 | For Sale | $1,550,000 | 0.0% | -- |
| 05/02/2021 05/02/21 | Rented | $3,150 | 0.0% | -- |
| 01/05/2021 01/05/21 | Price Changed | $3,150 | +3.3% | $3 / Sq Ft |
| 11/10/2020 11/10/20 | Price Changed | $3,050 | -3.2% | $3 / Sq Ft |
| 10/20/2020 10/20/20 | Price Changed | $3,150 | -3.1% | $3 / Sq Ft |
| 09/05/2020 09/05/20 | Price Changed | $3,250 | -1.2% | $3 / Sq Ft |
| 07/06/2020 07/06/20 | For Rent | $3,290 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $775,000 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Comp |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $203,000 | Credit Line Revolving | |
| Open | $417,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12361401
APN: 12-27-304-005
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