Off Market6015d on market

981 Cedar Ln

Lake Forest, IL, 60045 • 60045 • Lake County

$1,759,100

$394/sqft

4Beds

5.5Baths

4,468Sqft

1.4 acLot

1993Built

Market activity

Demand and pricing signals for this listing

17 views

People checking out this listing

1 saves

Buyers have saved this home

6015 days on market

Established listing

$394/sqft

Price per square foot

About this home

Single Family · Built 1993

This 4468 square foot single family home has 4 bedrooms and 5.5 bathrooms. This home is located at 981 Cedar Ln, Lake Forest, IL 60045.

Estimated monthly payment

Based on current rates

$11,473/month

Principal & Interest$9,128

Property Tax$1,759

Insurance$586

Down payment20% ($351,820)

3%50%

Est. 6.75% rate · 30yr fixed · $1,407,280 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1993

HeatingForced air

CoolingCentral

Parking1 Parking space

Lot1.38 Acres

Property

Home typeSingle Family

Year built1993

Systems

HeatingForced air

CoolingCentral

RoofShake / Shingle

Parking & Outdoor

ParkingGarage - Attached

Lot1.38 Acres

Location & Tax

Neighborhood60045

Annual tax$23,759

Parcel1606403038

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 market6015

Est. value$1,759,100

Est. rent$7,415/mo

Tax rate2.60%

Price/sqft$394

Last sold$1,275,000

Tour days6

Favorites1

How are the schools in Lake Forest?

3 schools rated nearby

Everett Elementary School

Elementary • Public • K-4

0.9 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

Oct 20, 2009Sold$1,275,000$285MRED as distributed by MLS GRID

Oct 9, 2003Sold$1,400,000$313Public Record

Sold$1,275,000

Oct 20, 2009•$285/sqft•MRED as distributed by MLS GRID

Sold$1,400,000

Oct 9, 2003•$313/sqft•Public Record

Tax history

22 years of records

YearTax paidAssessed value

Apr 10, 2023$23,759$434,482

Apr 10, 2022$21,958$387,630

Apr 10, 2021$20,758$371,626

Apr 10, 2020$22,295$395,300

Apr 10, 2019$21,565$394,629

Apr 10, 2018$20,641$404,863

Apr 10, 2017$20,641$403,571

Apr 10, 2016$20,899$411,488

Apr 10, 2015$21,972$415,152

Apr 10, 2014$21,353$399,601

Apr 10, 2012$20,619$396,076

Apr 10, 2011$19,778$488,030

Apr 10, 2010$17,235$401,075

Apr 10, 2009$16,708$535,170

Apr 10, 2008$20,780$547,489

Apr 10, 2006$18,172$532,629

Apr 10, 2005$16,890—

Apr 10, 2004$16,164—

Apr 10, 2003$16,021—

Apr 10, 2002$15,712—

Apr 10, 2001$14,904$326,085

Apr 10, 2000$14,560$306,493

Nearby homes

Off Market

$922,100

4 bd2.5 ba2,950 sqft

960 Coventry Dr, Lake Forest, IL

Off Market

$707,809

4 bd2.5 ba2,835 sqft

980 Coventry Dr, Lake Forest, IL

Recently Sold

$1,145,000

4 bd3 ba3,733 sqft

940 Coventry Dr, Lake Forest, IL

Off Market

$1,457,573

4 bd3.5 ba

980 Cedar Ln, Lake Forest, IL

Off Market

$966,400

5 bd2.5 ba

980 Cedar, Lake Forest, IL

Off Market

$2,013,700

3 bd5.5 ba5,592 sqft

1021 Cedar Ln, Lake Forest, IL

Off Market

$2,072,100

6 bd7 ba5,169 sqft

620 Newcastle Dr, Lake Forest, IL

Off Market

$1,353,000

5 bd6 ba4,006 sqft

701 Sheffield 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

$1,650,000

5 bd5 ba5,032 sqft

207 N Green Bay Rd, Lake Forest, IL

For Sale

$1,895,000

5 bd6 ba4,152 sqft

620 W Old Elm Rd, Lake Forest, IL

For Sale

$1,495,000

4 bd4 ba3,591 sqft

1170 Turicum Rd, Lake Forest, IL

For Sale

$1,950,000

5 bd4 ba5,167 sqft

11 Lakewood Dr, Bannockburn, IL

For Sale

$2,100,000

6 bd5 ba4,619 sqft

584 Fletcher Cir, Lake Forest, IL

For Sale

$1,575,000

5 bd4 ba5,788 sqft

461 Clover Ave, Lake Forest, IL

For Sale

$1,950,000

4 bd4 ba5,652 sqft

1200 Regency Ln, Lake Forest, IL

For Sale

$1,795,000

5 bd4 ba5,037 sqft

25 Clay Ct, Lake Bluff, IL

For Sale

$1,995,000

6 bd7 ba5,252 sqft

965 Castlegate Ct, Lake Forest, IL

For Sale

$1,900,000

6 bd7 ba6,578 sqft

860 Gage Ln, Lake Forest, IL

For Sale

$1,495,000

5 bd5 ba5,200 sqft

4811 Preserve Pkwy, Long Grove, IL

For Sale

$899,000

4 bd3 ba3,693 sqft

21 N Ridge Rd, Lake Forest, IL

For Sale

$1,795,000

4 bd4 ba2,919 sqft

333 Simpson St, Lake Bluff, 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

$1,125,000

3 bd5 ba3,796 sqft

852 Gloucester Xing, Lake Forest, IL

For Sale

$1,675,000

4 bd6 ba4,972 sqft

2041 Tremont Ct, Libertyville, IL

For Sale

$1,095,000

4 bd4 ba5,616 sqft

300 N Bradley Rd, Lake Forest, IL

For Sale

$2,000,000

4 bd5 ba4,222 sqft

1611 Wedgewood Dr, Lake Forest, IL

For Sale

$995,000

4 bd3 ba2,724 sqft

196 E Louis Ave, Lake Forest, IL

Tour This Home

Pick a date

Preferred time

Apr 10, 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$1,759,100

Est. rent$7,415/mo

Affordability$12,726/mo

Own a home nearby?

See what it's worth in today's market

Get estimate

Schedule Tour Ask

No obligation · Same-day response