Off Market1440d on market

488 S Waukegan Rd

Lake Forest, IL, 60045 • 60045 • Lake County

$1,576,700

$296/sqft

3Beds

3.5Baths

5,323Sqft

2.1 acLot

1965Built

Market activity

Demand and pricing signals for this listing

5 views

People checking out this listing

1440 days on market

Established listing

$296/sqft

Price per square foot

About this home

Single Family · Built 1965

This 5323 square foot single family home has 3 bedrooms and 3.5 bathrooms. This home is located at 488 S Waukegan Rd, Lake Forest, IL 60045.

Estimated monthly payment

Based on current rates

$10,283/month

Principal & Interest$8,181

Property Tax$1,577

Insurance$526

Down payment20% ($315,340)

3%50%

Est. 6.75% rate · 30yr fixed · $1,261,360 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1965

HeatingForced air

CoolingCentral

Parking1 Parking space

Lot2.15 Acres

Property

Home typeSingle Family

Year built1965

Systems

HeatingForced air

CoolingCentral

RoofComposition

Parking & Outdoor

ParkingGarage - Attached

BasementPartially finished

Lot2.15 Acres

Location & Tax

Neighborhood60045

Annual tax$22,866

Parcel1606401005

Features & details

3 categories of property features

Interior Features

Heating

Forced air

Cooling

Central

Exterior Features

Parking

Garage - Attached

Listing insights

Market data and value estimates

StatusOff Market

Days on market1440

Est. value$1,576,700

Est. rent$6,441/mo

Tax rate2.60%

Price/sqft$296

Last sold$1,200,000

Tour days6

How are the schools in Lake Forest?

3 schools rated nearby

Everett Elementary School

Elementary • Public • K-4

1.0 mi

Deer Path Middle School West

Middle • Public • 7-8

1.7 mi

Lake Forest High School

High • Public • 9-12

3.0 mi

Location

Lake Forest, IL, 60045

Expand map

Price history

2 events

DateEventPrice$/sqftSource

Apr 29, 2022Sold$1,200,000$225Public Record

Jun 20, 2001Sold$752,500$141Public Record

Sold$1,200,000

Apr 29, 2022•$225/sqft•Public Record

Sold$752,500

Jun 20, 2001•$141/sqft•Public Record

Tax history

22 years of records

YearTax paidAssessed value

Apr 9, 2023$22,866$380,561

Apr 9, 2022$22,111$365,221

Apr 9, 2021$20,916$368,031

Apr 9, 2020$21,984$383,730

Apr 9, 2019$21,270$383,079

Apr 9, 2018$16,466$317,648

Apr 9, 2017$16,466$316,635

Apr 9, 2016$18,949$367,316

Apr 9, 2015$20,087$345,124

Apr 9, 2014$19,195$359,828

Apr 9, 2012$18,536$356,653

Apr 9, 2011$17,782$382,660

Apr 9, 2010$16,361$381,038

Apr 9, 2009$15,861$403,727

Apr 9, 2008$15,624$413,020

Apr 9, 2006$13,448$401,809

Apr 9, 2005$12,412—

Apr 9, 2004$13,345—

Apr 9, 2003$12,563—

Apr 9, 2002$12,340—

Apr 9, 2001$11,704$256,089

Apr 9, 2000$11,432$240,703

Nearby homes

Off Market

$838,500

3 bd3 ba2,615 sqft

1164 Gavin Ct, Lake Forest, IL

Recently Sold

$1,385,000

5 bd4 ba3,658 sqft

490 S Waukegan Rd, Lake Forest, IL

Recently Sold

$2,056,000

4 bd6 ba5,800 sqft

1310 Gavin Ct, Lake Forest, IL

Off Market

$2,154,200

5 bd5.5 ba7,500 sqft

1300 Gavin Ct, Lake Forest, IL

Off Market

$2,538,700

4 bd6 ba5,898 sqft

1300 Gavin Ct, Lake Forest, IL

Off Market

$10,630

1300 Gavin Ct, Lake Forest, IL

For Sale

$2,599,000

6 bd10 ba12,017 sqft

1130 Gavin Ct, Lake Forest, IL

Off Market

$1,995,400

7 bd8 ba7,273 sqft

1245 Gavin Ct, Lake Forest, IL

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

For Sale

$1,495,000

4 bd4 ba3,591 sqft

1170 Turicum Rd, Lake Forest, IL

For Sale

$1,650,000

5 bd5 ba5,032 sqft

207 N Green Bay Rd, Lake Forest, IL

For Sale

$1,575,000

5 bd4 ba5,788 sqft

461 Clover Ave, Lake Forest, IL

For Sale

$2,100,000

6 bd5 ba4,619 sqft

584 Fletcher Cir, Lake Forest, IL

For Sale

$1,895,000

5 bd6 ba4,152 sqft

620 W Old Elm Rd, Lake Forest, IL

For Sale

$1,575,000

5 bd6 ba5,819 sqft

3464 Old Mill Rd, Highland Park, IL

For Sale

$1,995,000

6 bd7 ba5,252 sqft

965 Castlegate Ct, Lake Forest, IL

For Sale

$1,795,000

5 bd4 ba5,037 sqft

25 Clay Ct, Lake Bluff, IL

For Sale

$1,950,000

5 bd4 ba5,167 sqft

11 Lakewood Dr, Bannockburn, IL

For Sale

$1,350,000

4 bd3 ba3,221 sqft

912 Morningside Dr, Lake Forest, IL

For Sale

$1,499,000

5 bd6 ba5,181 sqft

5443 Belmont Ct, Libertyville, IL

For Sale

$2,199,000

5 bd6 ba6,841 sqft

1315 Abington Cambs Dr, Lake Forest, IL

For Sale

$1,950,000

4 bd4 ba5,652 sqft

1200 Regency Ln, Lake Forest, IL

For Sale

$1,900,000

6 bd7 ba6,578 sqft

860 Gage Ln, Lake Forest, IL

For Sale

$899,000

4 bd3 ba3,693 sqft

21 N Ridge Rd, Lake Forest, IL

For Sale

$1,095,000

4 bd4 ba5,616 sqft

300 N Bradley Rd, Lake Forest, IL

For Sale

$1,200,000

4 bd4 ba5,559 sqft

1211 Ashbury Ln, Libertyville, IL

For Sale

$1,570,000

4 bd4 ba5,480 sqft

1147 Steeple View Dr, Long Grove, IL

For Sale

$1,125,000

3 bd5 ba3,796 sqft

852 Gloucester Xing, Lake Forest, IL

For Sale

$960,000

3 bd3 ba2,821 sqft

1771 Stanford Ct, Lake Forest, IL

Tour This Home

Pick a date

Preferred time

Apr 9, 2026

No obligation · Same-day confirmation · Takes 30 seconds

Need a different time? Request custom scheduling

Have a Question?

Get details on this property, the neighborhood, or the buying process.

Ask About This Property

We typically respond within a few hours

Download property brochure

Photos, details & neighborhood info in one PDF

Get brochure

Free · No sign-up required

Get pre-approved

Know your budget & strengthen your offer

Check eligibility

Value estimates

Live

Est. value$1,576,700

Est. rent$6,441/mo

Affordability$11,407/mo

Own a home nearby?

See what it's worth in today's market

Get estimate

Schedule Tour Ask

No obligation · Same-day response