1505 Lake Rd is a 17,504 square foot house on a 5.17 acre lot with 9.5 bathrooms. Based on Redfin's Lake Forest data, we estimate the home's value is $12,027,036.
Single-familyProperty Type
2013Year Built
5.17 acresLot Size
$687Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$12,027,036
$3.6M since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 129.5% higher than the average sale price ($5.24M) of 6 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
$220,431 (+7.3%)
$1,637,311 + $2,179,211
$3,816,522
2024
$205,514 (+5.1%)
$1,637,311 + $2,179,211
$3,816,522
2023
$195,468 (+5.2%)
$1,474,321 + $1,962,276
$3,436,597
2022
$185,824 (+2.9%)
$1,332,424 + $1,773,415
$3,105,839
2021
$180,672 (+2.7%)
$1,320,277 + $1,757,248
$3,077,525
2020
$175,985 (−3.8%)
$1,308,890 + $1,742,092
$3,050,982
2019
$182,980 (+9.5%)
$1,338,221 + $1,956,484
$3,294,705
2018
$167,029 (−2.3%)
$1,850,697 + $1,311,107
$3,161,804
2017
$171,006 (+3.9%)
$1,850,697 + $1,311,107
$3,161,804
2016
$164,659 (+1.1%)
$2,001,737 + $1,289,188
$3,290,925
2015
$162,926 (+31.6%)
$1,905,327 + $1,227,097
$3,132,424
2013
$123,820 (+36.4%)
$1,670,439 + $1,047,512
$2,717,951
2012
$90,799 (+2.6%)
$1,748,214
2011
$88,490 (+6.0%)
$1,860,594
2010
$83,507 (−0.1%)
$1,901,920
2008
$83,600 (+7.4%)
$2,077,012
2007
$77,868
$2,061,634
Tax history for 1505 Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$220,431 (+7.3%)
$1,637,311 + $2,179,211
$3,816,522
2024
$205,514 (+5.1%)
$1,637,311 + $2,179,211
$3,816,522
2023
$195,468 (+5.2%)
$1,474,321 + $1,962,276
$3,436,597
2022
$185,824 (+2.9%)
$1,332,424 + $1,773,415
$3,105,839
2021
$180,672 (+2.7%)
$1,320,277 + $1,757,248
$3,077,525
2020
$175,985 (−3.8%)
$1,308,890 + $1,742,092
$3,050,982
2019
$182,980 (+9.5%)
$1,338,221 + $1,956,484
$3,294,705
2018
$167,029 (−2.3%)
$1,850,697 + $1,311,107
$3,161,804
2017
$171,006 (+3.9%)
$1,850,697 + $1,311,107
$3,161,804
2016
$164,659 (+1.1%)
$2,001,737 + $1,289,188
$3,290,925
2015
$162,926 (+31.6%)
$1,905,327 + $1,227,097
$3,132,424
2013
$123,820 (+36.4%)
$1,670,439 + $1,047,512
$2,717,951
2012
$90,799 (+2.6%)
$1,748,214
2011
$88,490 (+6.0%)
$1,860,594
2010
$83,507 (−0.1%)
$1,901,920
2008
$83,600 (+7.4%)
$2,077,012
2007
$77,868
$2,061,634
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Sq. Ft: 6,729
Basement Finish: Finished
Bathroom Information
# of Full Baths: 9
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Fireplace Information
# of Fireplaces: 4
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Building Construction Quality: Luxury
Property Information
Subdivision Name: CHILDRENS MEMORIAL HOSPITAL SUB
Living Sq. Ft: 17,504
Ground Floor Sq. Ft: 5,441
Building Sq. Ft: 20,827
# of Stories: 3
Legal Description: CHILDREN'S MEMORIAL HOSPITAL SUB; LT1 (EX BEG ON SLY LN 446' ELY OF MST SWCOR,S57D29'54W 446',N25D01'57W 60',N65D13'48 E 442.20'MOL TO POB)
Parking & Garage Information
# of Parking Spaces: 3
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 2,644
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 225,366
Legal Lot Number: 1
Municipality Name: SHIELDS TWP
Acres: 5.1737
County Use Description: RESIDENTIAL IMPROVEMENTS
Financial
Assessor Information
Assessment Year: 2025
Tax District County: SHIELDS TOWNSHIP
Public facts
Beds: —
Baths: 9.5
Sq. Ft.: 17,504
Stories: 3.0
Lot Size: 5.17 acres
Style: Single Family Residential
Year Built: 2013
Year Renovated: 2013
County: Lake County
APN: 12-28-202-041
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
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 • 0.6mi
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
83
67
80
64
76
58
66
48
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
$11.43M – $13.83M
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