ClosedPrice Reduced

$1,895,000

$1,960,000
490 College Road, Lake Forest, IL 60045
7 Beds6 Baths0 sqft44 days
490 College Road·Lake Forest, IL 60045
7Bedrooms
6Bathrooms
0Sq Ft
1923Year Built
About This Home

Ideally situated in coveted East Lake Forest, this gracious residence offers over 4,200 square feet of beautifully proportioned living space on a picturesque property just moments from Market Square, the train, parks, and the Gorton Community Center. Designed for both comfortable daily living and effortless entertaining, the home features six-plus bedrooms and five-and-a-half baths, providing exceptional flexibility for family, guests, and work-from-home needs. Generously scaled rooms, abundant natural light, and thoughtful flow create an inviting atmosphere throughout. The expansive primary suite serves as a private retreat, complete with dual dressing rooms and two separate bathrooms-an increasingly rare and sought-after luxury. Spacious secondary bedrooms offer comfort and privacy, while multiple gathering spaces accommodate every stage of life. Outside, mature landscaping and beautifully maintained grounds create a serene setting for outdoor entertaining, recreation, or quiet relaxation. The property's exceptional location allows for an easy stroll to downtown Lake Forest's shops, dining, and community amenities while preserving the privacy and tranquility of a distinguished residential setting. A rare opportunity to enjoy timeless elegance, generous scale, and an unparalleled East Lake Forest lifestyle at one of the community's most desirable addresses.

MLS# 12668448Listed June 4, 2026Residential
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms6
Full Baths5
Half Baths1
Total Rooms16

Size & Structure

Living Area0 sqft
Garage Spaces2
Fireplaces1
Year Built1923
Lot Size1.110 acres

Location

CountyLake
TownshipShields
Zip Code60045

Financial

List Price$1,895,000
Original Price$1,960,000
Annual Taxes (2025)$23,940
Monthly Tax Est.$1,995
Parcel #12332080170000
Interior Features

Appliances

RangeDishwasherHigh End Refrigerator

Flooring

Hardwood

Heating

Natural GasSteam

Cooling

Central AirPartialSmall Duct High Velocity

Basement

Partially FinishedFull

Laundry

Upper Level
Exterior & Lot

Construction

Stucco

Roof

Shake

Patio & Porch

Deck
Utilities & Parking

Sewer

Public SewerStorm Sewer

Water Source

Lake MichiganPublic

Electric

200+ Amp Service

Parking

AsphaltGarage Door OpenerYesGarage OwnedDetachedGarage
HOA & Community

HOA Includes

None

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Sheridan Elementary School
District: 67
Middle School
Deer Path Middle School
District: 67
High School
Lake Forest High School
District: 115
Tax & Financial
Annual Taxes
$23,940
Tax Year 2025
Monthly Tax Est.
$1,995
per month
Price Reduced by $65,000
Original list price: $1,960,000
Property Location

490 College Road, Lake Forest, IL 60045 — Lake County

$1,895,000
490 College Road
7 bd6 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
44 days on market
2-car garage
1 fireplace
1.110 acres
$23,940/yr taxes
Price reduced $65,000
$11,954
estimated monthly payment
Principal & Interest
$9,959/mo
Property Tax
$1,995/mo
$1,895,000
20% — $379,000
3%50%
6.875%
3%12%
Loan Amount
$1,516,000
Down Payment
$379,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Marina Carney
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Lake Forest and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.