Sold112d on market
2050 W Saunders Rd
Lake Forest, IL, 60045 • 60045 • Lake County
$450,000
5 acLot
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
112 days on market
Established listing
About this home
Lot
Nestled in the heart of Lake Forest's coveted North Shore this exceptional 5-acre wooded parcel presents a rare opportunity. City of Lake Forest will approve 4 individual lots plus water detention pond, min of 40,000SF per lot (buyer will need to go through the process with Lake Forest). Tucked away at the end of the esteemed Conway Farms community, the property offers an unparalleled combination of privacy and prestige. For developers and builders the fundamentals couldn't be stronger: Lake Forest continues to see consistent demand for high-end new construction fueled by its nationally ranked schools, private residents-only beach, and historic downtown anchored by Market Square's dining, boutiques, and year-round events. A thoughtfully designed enclave here would capture discerning buyers seeking privacy, prestige, and modern living in a timeless setting. Ideally located just minutes from I-294/94 Highway 41 and Metra, this property blends natural beauty with seamless access to Chicago and the North Shore. Please view attached survey. Conceptual Site Plan is Available Upon Request.
Estimated monthly payment
Based on current rates
$2,806/month
Principal & Interest$2,206
Property Tax$450
Insurance$150
Down payment20% ($90,000)
3%50%
Est. 6.20% rate · 30yr fixed · $360,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Parking & Outdoor
BasementNone
Lot5 Acres
Location & Tax
Neighborhood60045
ZoningSINGL
Annual tax$9,288
Parcel1501100012
Features & details
2 categories of property features
Interior Features
Laundry
None
Exterior Features
Utilities
Electricity Nearby
Natural Gas Nearby
Sewer Nearby
Water Nearby
Listing insights
Market data and value estimates
StatusSold
Days on market112
Est. rent$3,696/mo
Tax rate2.60%
On marketDec 19, 2025
PostedDec 19, 2025
Last sold$450,000
MLS statusClosed
MLS updatedDec 19, 2025
Tour days6
Views3
How are the schools in Lake Forest?
3 schools rated nearby
Location
Lake Forest, IL, 60045
Price history
29 events
DateEventPrice$/sqftSource
Dec 18, 2025Sold$450,000—MRED as distributed by MLS GRID
Aug 1, 2024Listing Removed——MRED as distributed by MLS GRID
Apr 7, 2024Listed For Sale$455,000—MRED as distributed by MLS GRID
Mar 22, 2023Sold$265,000—MRED as distributed by MLS GRID
Feb 15, 2023Pending Sale$269,900—Engel & Volkers
Feb 15, 2023Contingent$269,900—MRED as distributed by MLS GRID
Jan 16, 2023Price Change$269,900—MRED as distributed by MLS GRID
Nov 13, 2022Listed For Sale$288,000—MRED as distributed by MLS GRID
May 2, 2022Listing Removed——Engel & Volkers
Apr 7, 2022Listed For Sale$299,900—MRED as distributed by MLS GRID
Mar 10, 2022Pending Sale$299,900—Engel & Volkers
Mar 10, 2022Contingent$299,900—MRED as distributed by MLS GRID
Feb 17, 2022Listed For Sale$299,900—MRED as distributed by MLS GRID
Dec 23, 2021Listing Removed——Engel & Volkers
Nov 5, 2021Contingent$310,000—MRED as distributed by MLS GRID
Nov 3, 2021Pending Sale$310,000—Engel & Volkers
Nov 3, 2021Contingent$310,000—MRED as distributed by MLS GRID
Oct 12, 2021Price Change$310,000—MRED as distributed by MLS GRID
Aug 9, 2021Price Change$315,000—MRED as distributed by MLS GRID
Jun 29, 2021Price Change$319,000—MRED as distributed by MLS GRID
Jun 3, 2021Price Change$324,900—MRED as distributed by MLS GRID
May 10, 2021Price Change$329,900—MRED as distributed by MLS GRID
Apr 21, 2021Price Change$334,900—MRED as distributed by MLS GRID
Apr 8, 2021Price Change$350,000—MRED as distributed by MLS GRID
Apr 8, 2021Listed For Sale$339,900—MRED as distributed by MLS GRID
Feb 2, 2021Pending Sale$339,900—Engel & Voelkers Chicago North Shore
Nov 17, 2016Sold$310,000—Public Record
Jan 8, 2013Sold$300,000—Public Record
Feb 5, 2004Sold$1,400,000—Public Record
Sold$450,000
Dec 18, 2025•MRED as distributed by MLS GRID
Listing Removed—
Aug 1, 2024•MRED as distributed by MLS GRID
Listed For Sale$455,000
Apr 7, 2024•MRED as distributed by MLS GRID
Sold$265,000
Mar 22, 2023•MRED as distributed by MLS GRID
Pending Sale$269,900
Feb 15, 2023•Engel & Volkers
Contingent$269,900
Feb 15, 2023•MRED as distributed by MLS GRID
Price Change$269,900
Jan 16, 2023•MRED as distributed by MLS GRID
Listed For Sale$288,000
Nov 13, 2022•MRED as distributed by MLS GRID
Listing Removed—
May 2, 2022•Engel & Volkers
Listed For Sale$299,900
Apr 7, 2022•MRED as distributed by MLS GRID
Pending Sale$299,900
Mar 10, 2022•Engel & Volkers
Contingent$299,900
Mar 10, 2022•MRED as distributed by MLS GRID
Listed For Sale$299,900
Feb 17, 2022•MRED as distributed by MLS GRID
Listing Removed—
Dec 23, 2021•Engel & Volkers
Contingent$310,000
Nov 5, 2021•MRED as distributed by MLS GRID
Pending Sale$310,000
Nov 3, 2021•Engel & Volkers
Contingent$310,000
Nov 3, 2021•MRED as distributed by MLS GRID
Price Change$310,000
Oct 12, 2021•MRED as distributed by MLS GRID
Price Change$315,000
Aug 9, 2021•MRED as distributed by MLS GRID
Price Change$319,000
Jun 29, 2021•MRED as distributed by MLS GRID
Price Change$324,900
Jun 3, 2021•MRED as distributed by MLS GRID
Price Change$329,900
May 10, 2021•MRED as distributed by MLS GRID
Price Change$334,900
Apr 21, 2021•MRED as distributed by MLS GRID
Price Change$350,000
Apr 8, 2021•MRED as distributed by MLS GRID
Listed For Sale$339,900
Apr 8, 2021•MRED as distributed by MLS GRID
Pending Sale$339,900
Feb 2, 2021•Engel & Voelkers Chicago North Shore
Sold$310,000
Nov 17, 2016•Public Record
Sold$300,000
Jan 8, 2013•Public Record
Sold$1,400,000
Feb 5, 2004•Public Record
Tax history
22 years of records
YearTax paidAssessed value
Apr 10, 2023$9,324$153,865
Apr 10, 2022$18,858$145,183
Apr 10, 2021$18,356$147,957
Apr 10, 2020$18,013$146,861
Apr 10, 2019$17,590$146,319
Apr 10, 2018$17,597$164,376
Apr 10, 2017$17,597$160,539
Apr 10, 2016$9,584$184,185
Apr 10, 2015$10,556$172,248
Apr 10, 2014$15,985$186,634
Apr 10, 2012$15,592$288,637
Apr 10, 2011$15,023$314,319
Apr 10, 2010$17,220$388,582
Apr 10, 2009$16,614$410,113
Apr 10, 2008$15,956$409,445
Apr 10, 2006$13,601$405,303
Apr 10, 2005$21,397—
Apr 10, 2004$20,283—
Apr 10, 2003$9,559—
Apr 10, 2002$9,162—
Apr 10, 2001$8,705$196,039
Apr 10, 2000$8,740$189,373
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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