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.
Vacant landProperty Type
5 acresLot Size
$152,592Price/Acres
Listed by Jacqueline Luxem• @properties Christie's International Real Estate
Listed by Frankie DaPonte• @properties Christie's International Real Estate
Bought with Michael Swiatkiewicz• @properties Christie's International Real Estate
Welcome to this once-in-a-lifetime development opportunity in West Lake Forest! This 4.9 acre parcel wooded, private, and ripe for development - calling all visionary builders, developers, or end-users! Lot can likely be subdivided into 3 or 4 lots, but buyer is responsible for verifying with the City of Lake Forest. Ideally located at the very end of the highly sought after Conway Farms community, minutes from I-294/94, Highway 41, and every dining and shopping option you could ever need! Now is your opportunity to get into Lake Forest without the exorbitant price tag. All you have left to do is to bring your vision to life! Property is not in a floodplain. Quick close possible. Sold as-is, where is.
MRED as Distributed by MLS Grid #11369171
May 2, 2022
Listing Removed
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Apr 7, 2022
Listed (Active)
*
MRED as Distributed by MLS Grid #11326568
Mar 10, 2022
Contingent (Contingent - Continue to Show)
—
Mar 10, 2022
Listing Removed
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Feb 16, 2022
Listed (Active)
*
MRED as Distributed by MLS Grid #11047276
Nov 2, 2021
Pending (Active Under Contract)
—
Nov 2, 2021
Listing Removed
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Oct 11, 2021
Price Changed
*
Aug 9, 2021
Price Changed
*
Jun 29, 2021
Price Changed
*
Jun 3, 2021
Price Changed
*
May 10, 2021
Price Changed
*
Apr 21, 2021
Price Changed
*
Apr 8, 2021
Listed (New)
*
MRED as Distributed by MLS Grid #10704518
Apr 8, 2021
Relisted (Reactivated)
—
Apr 8, 2021
Listing Removed
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Feb 2, 2021
Pending (Contingent)
—
Oct 31, 2020
Price Changed
*
Aug 16, 2020
Price Changed
*
Jul 7, 2020
Price Changed
*
May 3, 2020
Listed (New)
*
MRED as Distributed by MLS Grid #10646569
May 3, 2020
Listing Removed
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Mar 9, 2020
Price Changed
*
Feb 24, 2020
Listed (New)
*
MRED as Distributed by MLS Grid #10592030
Feb 24, 2020
Listing Removed
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Jan 14, 2020
Relisted (Reactivated)
—
Jan 7, 2020
Contingent
—
Dec 13, 2019
Listed (New)
*
MRED as Distributed by MLS Grid #10517524
Dec 11, 2019
Listing Removed
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Sep 13, 2019
Listed (New)
*
MRED as Distributed by MLS Grid #09959209
May 11, 2019
Listing Removed
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Feb 18, 2019
Price Changed
*
May 22, 2018
Listed (New)
*
MRED as Distributed by MLS Grid #09151609
Jul 1, 2016
Listing Removed
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Feb 29, 2016
Listed (New)
*
MRED as Distributed by MLS Grid #09077356
Feb 26, 2016
Listing Removed
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Feb 19, 2016
Relisted (Reactivated)
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Feb 2, 2016
Pending
—
Jan 8, 2016
Relisted (Reactivated)
—
Jan 7, 2016
Contingent
—
Nov 2, 2015
Listed (New)
*
MRED as Distributed by MLS Grid #08766128
Oct 31, 2015
Listing Removed
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Aug 7, 2015
Price Changed
*
Mar 25, 2015
Relisted (Reactivated)
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Feb 5, 2015
Contingent
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Jan 13, 2015
Price Changed
*
Oct 31, 2014
Listed (New)
*
Public Records
Jan 8, 2013
Sold
$300,000
Public Records
Feb 5, 2004
Sold
$1,400,000
Public Records
Jul 1, 1987
Sold
$339,000
Year
Property tax
Land + Additions
Assessment*
2025
$9,799 (+5.5%)
$168,117
2024
$9,288 (+0.7%)
$168,117
2023
$9,220 (−50.8%)
$153,865
2022
$18,754 (+2.2%)
$145,183
2021
$18,356 (+1.9%)
$146,085 + $1,872
$147,957
2020
$18,013 (+2.4%)
$144,510 + $1,852
$146,362
2019
$17,590 (−2.5%)
$168,788 + $1,851
$170,639
2018
$18,047 (+2.6%)
$162,593 + $1,783
$164,376
2017
$17,597 (−6.5%)
$162,593 + $1,783
$164,376
2016
$18,818 (+1.5%)
$158,798 + $1,741
$160,539
2015
$18,547 (−25.1%)
$152,062 + $32,123
$184,185
2013
$24,755
$152,731 + $33,903
$186,634
2012
$24,778 (−0.6%)
$155,636 + $142,168
$297,804
2011
$24,921 (+44.7%)
$158,569 + $155,750
$314,319
2010
$17,220 (+3.6%)
$240,756 + $147,826
$388,582
2008
$16,614 (+9.1%)
$254,096 + $156,017
$410,113
2007
$15,224
$219,289 + $186,014
$405,303
Tax history for 2050 W Saunders Rd
Year
Property tax
Land + Additions
Assessment*
2025
$9,799 (+5.5%)
$168,117
2024
$9,288 (+0.7%)
$168,117
2023
$9,220 (−50.8%)
$153,865
2022
$18,754 (+2.2%)
$145,183
2021
$18,356 (+1.9%)
$146,085 + $1,872
$147,957
2020
$18,013 (+2.4%)
$144,510 + $1,852
$146,362
2019
$17,590 (−2.5%)
$168,788 + $1,851
$170,639
2018
$18,047 (+2.6%)
$162,593 + $1,783
$164,376
2017
$17,597 (−6.5%)
$162,593 + $1,783
$164,376
2016
$18,818 (+1.5%)
$158,798 + $1,741
$160,539
2015
$18,547 (−25.1%)
$152,062 + $32,123
$184,185
2013
$24,755
$152,731 + $33,903
$186,634
2012
$24,778 (−0.6%)
$155,636 + $142,168
$297,804
2011
$24,921 (+44.7%)
$158,569 + $155,750
$314,319
2010
$17,220 (+3.6%)
$240,756 + $147,826
$388,582
2008
$16,614 (+9.1%)
$254,096 + $156,017
$410,113
2007
$15,224
$219,289 + $186,014
$405,303
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
4.9 Acres
Year renovated
1961
Sq. Ft.
4,004
Year built
1953
Style
Single Family Residential
County
Lake County
APN
15-01-100-012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Property details
Exterior
Property Information
Property Type: Land
Ownership: Fee Simple
General Information: School Bus Service
Parcel Number: 15011000120000
Land Information
Building(s) on Land: No
Lot Information
Dimensions: 331 X 664
Lot Size: 5.0-5.99 Acres
Frontage Type: City Street
Frontage Length: 331
Zoning: SINGL
Road Surface Type: Asphalt
Financial
Tax Information
Tax Annual Amount: $9,288.36
Tax Year: 2024
Financial Information
Finance Code: Cash
Special Service Area: T
Utilities
Utility Information
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Location
School Information
Elementary School District: 67
Elementary School: Everett Elementary School
Middle Or Junior School District: 67
Middle Or Junior School: Deer Path Middle School
High School District: 115
High School: Lake Forest High School
Location Information
Township: Vernon
Corporate Limits: Lake Forest
Directions: Rt 60 to Conway Farms Drive, South to Saunders Road, West to 2050.
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 4,004
Stories: —
Lot Size: 4.9 acres
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1961
County: Lake County
APN: 15-01-100-012
Home facts updated by county records on Jul 15, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No
Around this home
Schools
Lake Forest High School
Public 9-12 • Assigned • 3.6mi
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
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over 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
$725,000 – $878,000
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