Sold177d on market
542 E Prospect Ave
Lake Bluff, IL, 60044 • 60044 • Lake County
$841,300
$203/sqft
7Beds
7Baths
4,142Sqft
0.31 acLot
1955Built
Property DNA
Traditional Style
Built 1955 · 71 years of history
Outdoor Living
Patio
2 Fireplaces
Wood Burning · Living Room
2-Car Garage
Gravel · No Garage · On Site · Garage Owned · Attached · Garage
This home is getting attention
Listed 177 days ago · 25 views
Market activity
Demand and pricing signals for this listing
25 views
People checking out this listing
177 days on market
Established listing
$203/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 19% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1955
Sold "as-is" and awaiting vision, this East Lake Bluff home offer tremendous upside potential. Nestled on a generous lot steps from the lake, trails, and historic downtown, this property is ideal for a full renovation or a new build opportunity in one of the North Shore's most coveted neighborhoods. Floor Area Ratio (FAR) (based on 12,400 square foot lot) is 4280 square feet with a maximum build height of 34 feet. 2023 Taxes are $22,811.28 with no exemptions.
Standout features identified
Our analysis highlights steps from the lake and generous lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,192/month
Principal & Interest$4,070
Property Tax$841
Insurance$280
Down payment20% ($168,260)
3%50%
Est. 6.08% rate · 30yr fixed · $673,040 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1955
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking2 Attached Garage spaces
Lot0.31 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
Year built1955
Stories2
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
RoofAsphalt
ConstructionBrick
Water / SewerLake Michigan, Public / Public Sewer
Parking & Outdoor
ParkingGravel, No Garage, On Site, Garage Owned, Attached, Garage
Garage2 spaces
BasementPartially Finished,Full
Fireplaces2
Lot0.31 Acres
Location & Tax
Neighborhood60044
Annual tax$22,811
Parcel1221219016
Bathrooms & Fees
Full baths4
Features & details
10 categories of property features
Interior Features
Heating
Natural Gas
Forced Air
Cooling
Central Air
Fireplace
Wood Burning
Living Room
Accessibility
No Disability Access
Exterior Features
Exterior
Balcony
Parking
Gravel
No Garage
On Site
Garage Owned
Attached
Garage
Construction
Brick
Patio & Porch
Patio
Lot Features
Corner Lot
Community
Lake
Curbs
Sidewalks
Street Lights
Room details
19 rooms detailed
Master Bedroom
Second21×16 ft336 sqft
Bathroom (Full)
Bedroom2
Second14×10 ft140 sqft
Bedroom3
Second13×9 ft117 sqft
Bedroom4
Second12×11 ft132 sqft
Bedroom5
Second13×10 ft130 sqft
Bedroom6
Second13×11 ft143 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market177
Est. rent$7,248/mo
Tax rate2.60%
Price/sqft$203
On marketAug 25, 2025
PostedAug 25, 2025
Last sold$841,300
MLS statusClosed
MLS updatedOct 15, 2025
Tour days6
Views25
How are the schools in Lake Bluff?
3 schools rated nearby
Location
Lake Bluff, IL, 60044
Price history
3 events
DateEventPrice$/sqftSource
Oct 14, 2025Sold$841,300$203MRED as distributed by MLS GRID
Sep 9, 2025Contingent$949,000$229MRED as distributed by MLS GRID
Aug 25, 2025Listed For Sale$949,000$229MRED as distributed by MLS GRID
Sold$841,300
Oct 14, 2025•$203/sqft•MRED as distributed by MLS GRID
Contingent$949,000
Sep 9, 2025•$229/sqft•MRED as distributed by MLS GRID
Listed For Sale$949,000
Aug 25, 2025•$229/sqft•MRED as distributed by MLS GRID
Tax history
22 years of records
YearTax paidAssessed value
Apr 10, 2023$22,811$364,110
Apr 10, 2022$21,190$329,066
Apr 10, 2021$20,447$310,540
Apr 10, 2020$20,004$309,564
Apr 10, 2019$19,286$303,882
Apr 10, 2018$20,294$330,204
Apr 10, 2017$20,294$324,685
Apr 10, 2016$19,716$309,047
Apr 10, 2015$18,554$291,004
Apr 10, 2014$18,066$266,808
Apr 10, 2012$16,942$269,123
Apr 10, 2011$18,089$297,181
Apr 10, 2010$18,800$336,756
Apr 10, 2009$18,609$367,758
Apr 10, 2008$18,532$375,111
Apr 10, 2006$17,780$365,036
Apr 10, 2005$16,860—
Apr 10, 2004$15,009—
Apr 10, 2003$14,819—
Apr 10, 2002$13,161—
Apr 10, 2001$11,951$227,981
Apr 10, 2000$11,607$215,894
Nearby homes
Neighborhood details
Local context around this listing
Lake Bluff, IL • Lake County
Nearby neighborhoods
Knollwood
Nearby cities
AntiochBuffalo GroveGurneeHighland ParkLibertyvilleMundeleinRound Lake BeachVernon Hills
Nearby zip codes
60044
Similar homes
Based on information submitted to the MLS GRID as of 2026. 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. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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