Sold188d on market
1551 N McKinley Rd
Lake Forest, IL, 60045 • 60045 • Lake County
$469,000
$332/sqft
3Beds
2Baths
1,412Sqft
0.18 acLot
1951Built
Property DNA
Ranch Style
Built 1951 · 75 years of history
Outdoor Living
Deck
2 Fireplaces
Wood Burning · Living Room · Basement
2-Car Garage
Asphalt · Garage Door Opener · On Site · Garage Owned · Detached · Garage
This home is in high demand
Listed 188 days ago · 8 views · Top 4% likely to sell soon
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
188 days on market
Established listing
$332/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 4% 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 1951
This classic ranch offers a rare opportunity to create your ideal home just moments to restaurants, shops, schools, train and all that charming Lake Forest has to offer. The main level of the home features a light-filled living room with a fireplace and views of the front yard, a separate kitchen, three well-sized bedrooms, and a full bath. A dining room with an additional sitting room sits off the back hall. Hardwood flooring lies beneath the majority of the carpeted areas on this level, waiting to be revealed and restored. A partially finished basement has a paneled rec room, and a second full bath requiring renovation. A long driveway along the north side of the home provides access to the side entrance, and detached, two-car garage. Whether you're looking to renovate, expand, or simply enjoy the home's solid bones and unbeatable location, this property is full of potential. Don't miss this exceptional opportunity to invest in location, lifestyle, and value. **HOME IS BEING SOLD AS-IS**
Standout features identified
Our analysis highlights partially finished basement, detached two-car garage, and dining room as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,924/month
Principal & Interest$2,299
Property Tax$469
Insurance$156
Down payment20% ($93,800)
3%50%
Est. 6.20% rate · 30yr fixed · $375,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1951
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking2 Garage spaces
Lot7,797 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1951
Stories1
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
RoofAsphalt
ConstructionWood Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAsphalt, Garage Door Opener, On Site, Garage Owned, Detached, Garage
Garage2 spaces
BasementPartially Finished,Partial
Fireplaces2
Lot7,797 sqft
Location & Tax
Neighborhood60045
Annual tax$8,437
Parcel1228104002
Bathrooms & Fees
Full baths2
Features & details
10 categories of property features
Interior Features
Appliances
Range
Microwave
Dishwasher
Refrigerator
Gas Water Heater
Heating
Natural Gas
Forced Air
Cooling
Central Air
Fireplace
Wood Burning
Living Room
Basement
Accessibility
No Disability Access
Exterior Features
Parking
Asphalt
Garage Door Opener
On Site
Garage Owned
Detached
Garage
Construction
Wood Siding
Patio & Porch
Deck
Community
Sidewalks
Street Lights
Street Paved
Other Equipment
TV-Dish
Ceiling Fan(s)
Room details
19 rooms detailed
Master Bedroom
Main13×13 ft169 sqft
Flooring (Carpet)
Bedroom2
Main9×11 ft99 sqft
Flooring (Carpet)
Bedroom3
Main9×10 ft90 sqft
Flooring (Carpet)
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market188
Est. value$651,100
Est. rent$3,659/mo
Tax rate2.60%
Price/sqft$332
On marketAug 22, 2025
PostedAug 22, 2025
Last sold$469,000
MLS statusClosed
MLS updatedOct 3, 2025
Tour days6
Views8
How are the schools in Lake Forest?
3 schools rated nearby
Location
Lake Forest, IL, 60045
Price history
4 events
DateEventPrice$/sqftSource
Oct 3, 2025Sold$469,000$332MRED as distributed by MLS GRID
Sep 2, 2025Pending Sale$469,000$332MRED as distributed by MLS GRID
Aug 25, 2025Contingent$469,000$332MRED as distributed by MLS GRID
Aug 22, 2025Listed For Sale$469,000$332MRED as distributed by MLS GRID
Sold$469,000
Oct 3, 2025•$332/sqft•MRED as distributed by MLS GRID
Pending Sale$469,000
Sep 2, 2025•$332/sqft•MRED as distributed by MLS GRID
Contingent$469,000
Aug 25, 2025•$332/sqft•MRED as distributed by MLS GRID
Listed For Sale$469,000
Aug 22, 2025•$332/sqft•MRED as distributed by MLS GRID
Tax history
22 years of records
YearTax paidAssessed value
Apr 10, 2023$8,171$149,084
Apr 10, 2022$6,989$137,430
Apr 10, 2021$6,783$121,587
Apr 10, 2020$6,633$121,206
Apr 10, 2019$6,300$118,981
Apr 10, 2018$5,489$118,259
Apr 10, 2017$5,489$116,283
Apr 10, 2016$5,149$110,683
Apr 10, 2015$4,907$104,221
Apr 10, 2014$4,855$98,388
Apr 10, 2012$4,838$99,241
Apr 10, 2011$4,749$109,589
Apr 10, 2010$5,644$141,986
Apr 10, 2009$5,676$155,057
Apr 10, 2008$5,599$158,157
Apr 10, 2006$4,500$153,909
Apr 10, 2005$4,132—
Apr 10, 2004$4,101—
Apr 10, 2003$4,324—
Apr 10, 2002$4,529—
Apr 10, 2001$4,326$96,352
Apr 10, 2000$4,250$91,243
Nearby homes
Neighborhood details
Local context around this listing
Lake Forest, IL • Lake County
Nearby cities
AntiochBuffalo GroveGurneeHighland ParkLibertyvilleMundeleinRound Lake BeachVernon Hills
Nearby zip codes
6003760045
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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