1416 Lake Rd is a 7,338 square foot house on a 0.8 acre lot with 6 bathrooms. Based on Redfin's Lake Forest data, we estimate the home's value is $5,152,083.
Single-familyProperty Type
2007Year Built
0.8 acresLot Size
$702Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$5,152,083
$657K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.3% higher than the average sale price ($4.63M) of 4 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$53,168 (−11.2%)
$269,952 + $838,825
$1,108,777
2024
$59,886 (+5.3%)
$269,952 + $838,825
$1,108,777
2023
$56,862 (+4.6%)
$247,709 + $769,709
$1,017,418
2022
$54,350 (+2.3%)
$223,868 + $695,627
$919,495
2021
$53,133 (+2.3%)
$221,827 + $689,286
$911,113
2020
$51,943 (+5.3%)
$219,914 + $683,341
$903,255
2019
$49,350 (−2.6%)
$217,071 + $750,711
$967,782
2018
$50,661 (+3.4%)
$292,069 + $669,589
$961,658
2017
$48,987 (+4.2%)
$292,069 + $669,589
$961,658
2016
$46,996 (+1.1%)
$287,187 + $658,396
$945,583
2015
$46,482 (−3.1%)
$273,355 + $626,686
$900,041
2013
$47,992 (+2.1%)
$231,089 + $639,636
$870,725
2012
$47,024 (+2.6%)
$241,849 + $669,418
$911,267
2011
$45,848 (+37.4%)
$257,396 + $712,450
$969,846
2010
$33,375 (−0.2%)
$244,741 + $521,284
$766,025
2008
$33,429 (+135.0%)
$267,272 + $569,274
$836,546
2007
$14,225
$265,293 + $113,011
$378,304
Tax history for 1416 Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$53,168 (−11.2%)
$269,952 + $838,825
$1,108,777
2024
$59,886 (+5.3%)
$269,952 + $838,825
$1,108,777
2023
$56,862 (+4.6%)
$247,709 + $769,709
$1,017,418
2022
$54,350 (+2.3%)
$223,868 + $695,627
$919,495
2021
$53,133 (+2.3%)
$221,827 + $689,286
$911,113
2020
$51,943 (+5.3%)
$219,914 + $683,341
$903,255
2019
$49,350 (−2.6%)
$217,071 + $750,711
$967,782
2018
$50,661 (+3.4%)
$292,069 + $669,589
$961,658
2017
$48,987 (+4.2%)
$292,069 + $669,589
$961,658
2016
$46,996 (+1.1%)
$287,187 + $658,396
$945,583
2015
$46,482 (−3.1%)
$273,355 + $626,686
$900,041
2013
$47,992 (+2.1%)
$231,089 + $639,636
$870,725
2012
$47,024 (+2.6%)
$241,849 + $669,418
$911,267
2011
$45,848 (+37.4%)
$257,396 + $712,450
$969,846
2010
$33,375 (−0.2%)
$244,741 + $521,284
$766,025
2008
$33,429 (+135.0%)
$267,272 + $569,274
$836,546
2007
$14,225
$265,293 + $113,011
$378,304
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Jun 12, 2026 • Final
Plumbing
Remove and replace a reduced pressure zone backflow preventer.
Plumbing
Jun 9, 2008 • Final
Plumbing
Work on a water service permit.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 3,946
Basement Finish: Finished
Bathroom Information
# of Full Baths: 5
# of 1/2 Baths: 2
Heating & Cooling
Air Conditioning Type: Central
Fireplace Information
# of Fireplaces: 5
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Building Construction Quality: Luxury
Property Information
Subdivision Name: SPRUCE LAKES SUB
Living Sq. Ft: 7,338
Ground Floor Sq. Ft: 3,946
Building Sq. Ft: 9,894
# of Stories: 2
Legal Description: SPRUCE LAKES SUB OF N1/2 LOT 14 IN L.F. LOT 1
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 34,913
Legal Lot Number: 14
Municipality Name: SHIELDS TWP
Acres: 0.8015
County Use Description: RESIDENTIAL IMPROVEMENTS
Financial
Assessor Information
Assessment Year: 2025
Tax District County: SHIELDS TOWNSHIP
Public facts
Beds: —
Baths: 6.0
Sq. Ft.: 7,338
Stories: 2.0
Lot Size: 0.8 acres
Style: Single Family Residential
Year Built: 2007
Year Renovated: 2007
County: Lake County
APN: 12-28-207-014
Home facts updated by county records on Oct 23, 2026
Around this home
Schools
K - 12
Preschool & daycare
Sheridan Elementary School
Public PreK-4 • Assigned • 3.3mi
10/10
Deer Path Middle School West
Public 7-8 • Assigned • 3.3mi
10/10
Lake Forest High School
Public 9-12 • Assigned • 0.5mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 97° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Lake Forest, IL • 60045
Average low and high temperatures (°F)
29
14
37
21
52
32
60
41
66
47
79
61
84
67
80
64
76
58
64
49
49
37
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$4.89M – $5.93M
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