OFF MARKET

Off Market May 2021 for $1.4M

$2,312,949

Est. refi paymentEst. refi $11,421/mo

•

5,770

sq ft

351 Wallace Dr, Lake Forest, IL 60045

About this home

Stately elegance eminates in this beautiful Georgian . Enter this gated property to be welcome to a large marble foyer with bridal staircase. There is a library/office privately set, off the Living room. Other office in the finished lower level. Perfect for working at home. The formal dining room could host large parties and family dinners, opening to the butler pantry adjacent to the kitchen with extra glass cabinets . The large living room has French windows and a fireplace. Huge vaulted ceiling family room with spectacular views of the privately fenced in yard, while the large gourmet kitchen is wonderful for family gathering together, preparing the best dinners; the island features a breakfast bar, top of the line appliances, a planning desk and a walk-in pantry. The breakfast area opens up with French doors to the expansive yard and the large stone patio. The bedroom suite on the 1st floor is close to the kitchen and the back staircase. The second floor is a host to 4 bedrooms including the master suite. This luxurious master suite has large walk-in closet, a spa-like bathroom, whirlpool, separate shower, separate water closet and a balcony for an end of the day quiet moments overlooking the special backyard with a fountain, lily pond, perennials and a pergola. The finished lower level features large recreation room, sitting room, bar area, an office, full bathroom & a finished storage space. For the car lovers, the 4 car garage with epoxy floor is wonderful space for that extra car . Other Features: Cherry wood floors, newer furnaces & A/C. There is a generator, sump pump back up system, leaf filter added this year to the gutters/lawn sprinkler system. This gated property offers serene setting and privacy. Easy access to shopping, schools, highways & tollways. Walking distance to the market, restaurants & coffee shop. Close to Open Lands. Enjoy short & long walks in this great location.

Single-familyProperty Type

1996Year Built

1.36 acresLot Size

$401Est. Price/Sq.Ft.

4 spacesParking

Listed by Houda Chedid • Coldwell Banker Realty

Bought with Susan Amory Weninger • @properties Christie's International Real Estate

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #11021768

Redfin Estimate

$2,312,949

$843K since sold in May 2021$31K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.4% higher than the average sale price ($2.17M) of 5 comparable homes.

SOLD JUN 29, 2026
$2,600,000
A
5 beds5.5 baths5,290 sq ft
160 S Suffolk Ln, Lake Forest, IL 60045
SOLD JUN 30, 2026
$2,300,000
B
6 beds5.5 baths4,838 sq ft
180 S Suffolk Ln, Lake Forest, IL 60045
SOLD JUN 11, 2026
$1,625,000
C
5 beds5.5 baths7,325 sq ft
600 Hunter Ln, Lake Forest, IL 60045
SOLD AUG 18, 2026
$2,455,000
D
5 beds6 baths5,725 sq ft
1230 Conway Rd, Lake Forest, IL 60045
SOLD MAY 29, 2026
$1,892,500
E
5 beds5 baths6,841 sq ft
1315 Abington Cambs Dr, Lake Forest, IL 60045

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Earn from this home

Sell

$1,148,897

Est. take-home

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Refinance

Est. cash available

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Rent

$6,148/mo

Redfin rental estimate

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Market trends in 60045, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.2%

0.2% MoM

Median sale price

$1.4M

$44K MoM

Avg. days on market

49d

3 days MoM

Recently sold homes

7 MoM

New listings for sale

EARLY ACCESS
$950,000
4 beds3 baths2,742 sq ft
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EARLY ACCESS
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440 Woodward Ct, Lake Forest, IL 60045
OPEN SUN, 1PM TO 3PM
$1,975,000
6 beds5.5 baths6,105 sq ft
1400 Kurtis Ln, Lake Forest, IL 60045
EARLY ACCESS
$1,049,000
4 beds4 baths3,118 sq ft
1 Briarwood Ln, Lincolnshire, IL 60069
$2,995,000
6 beds7 baths7,845 sq ft
1177 Edgewood Rd, Lake Forest, IL 60045
$3,600,000
7 beds7.5 baths8,135 sq ft
285 W Westminster Ave, Lake Forest, IL 60045
$1,349,000
3 beds2.5 baths2,886 sq ft
1020 E Westleigh Rd, Lake Forest, IL 60045
$319,900
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EARLY ACCESS
1126 Highland Ave, Lake Forest, IL 60045
$1,150,000
4 beds3 baths2,525 sq ft
1126 Highland Ave, Lake Forest, IL 60045
See all

Provided by Redfin

Sale history for 351 Wallace Dr

Year

Property tax

Land + Additions

Assessment*

2025

$33,701 (+8.5%)

$198,303 + $396,260

$594,563

2024

$31,048 (−0.9%)

$198,303 + $396,260

$594,563

2023

$31,327 (+7.7%)

$176,774 + $353,239

$530,013

2022

$29,099 (+6.9%)

$169,649 + $339,001

$508,650

2021

$27,219 (+2.6%)

$178,678 + $311,952

$490,630

2020

$26,518 (+3.4%)

$172,270 + $300,764

$473,034

2019

$25,644 (−1.8%)

$172,340 + $300,885

$473,225

2018

$26,111 (+1.9%)

$182,667 + $323,564

$506,231

2017

$25,618 (−6.4%)

$182,667 + $323,564

$506,231

2016

$27,360 (+1.4%)

$182,084 + $372,896

$554,980

2015

$26,981 (+4.0%)

$175,199 + $358,795

$533,994

2013

$25,931 (+0.4%)

$165,790 + $317,846

$483,636

2012

$25,839 (+4.3%)

$168,024 + $337,636

$505,660

2011

$24,782 (−10.1%)

$176,311 + $354,288

$530,599

2010

$27,561 (+3.2%)

$193,615 + $444,236

$637,851

2008

$26,713 (+7.0%)

$205,144 + $470,689

$675,833

2007

$24,962

$204,170 + $468,453

$672,623

Tax history for 351 Wallace Dr

Year

Property tax

Land + Additions

Assessment*

2025

$33,701 (+8.5%)

$198,303 + $396,260

$594,563

2024

$31,048 (−0.9%)

$198,303 + $396,260

$594,563

2023

$31,327 (+7.7%)

$176,774 + $353,239

$530,013

2022

$29,099 (+6.9%)

$169,649 + $339,001

$508,650

2021

$27,219 (+2.6%)

$178,678 + $311,952

$490,630

2020

$26,518 (+3.4%)

$172,270 + $300,764

$473,034

2019

$25,644 (−1.8%)

$172,340 + $300,885

$473,225

2018

$26,111 (+1.9%)

$182,667 + $323,564

$506,231

2017

$25,618 (−6.4%)

$182,667 + $323,564

$506,231

2016

$27,360 (+1.4%)

$182,084 + $372,896

$554,980

2015

$26,981 (+4.0%)

$175,199 + $358,795

$533,994

2013

$25,931 (+0.4%)

$165,790 + $317,846

$483,636

2012

$25,839 (+4.3%)

$168,024 + $337,636

$505,660

2011

$24,782 (−10.1%)

$176,311 + $354,288

$530,599

2010

$27,561 (+3.2%)

$193,615 + $444,236

$637,851

2008

$26,713 (+7.0%)

$205,144 + $470,689

$675,833

2007

$24,962

$204,170 + $468,453

$672,623

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.36 Acres

Year renovated

1996

Sq. Ft.

7,873

Year built

1996

Style

Single Family Residential

County

Lake County

APN

16-06-203-012

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Property details

Parking

Parking Information
# of Cars: 4
# of Garage Spaces: 4
Garage Parking
Garage Door Opener(s)
Attached Garage
Garage On-Site
Owned Garage
Brick Driveway, Circular Driveway

Interior

Virtual Tour
Additional Media Type 1: Video

Bedroom Information
# of Bedrooms: 5
# of Bedrooms (Above Grade): 5

Master Bedroom Information
Size: 22X15
On 2nd Level
Hardwood Flooring

Bedroom #2 Information
Size: 15X16
On 2nd Level
Hardwood Flooring

Bedroom #3 Information
Size: 14X14
On 2nd Level

Bedroom #4 Information
Size: 14X13
On 2nd Level

Bathroom Information
# of Baths (Full): 5
# of Baths (1/2): 1
Master Bath
Whirlpool, Separate Shower, Double Sink
Bathroom(s) in Basement

Living Room Information
Size: 15X24
On Main Level
Hardwood Flooring

Family Room Information
Size: 19X26
On Main Level
Hardwood Flooring

Dining Room Information
Separate Dining Room
Size: 15X17
On Main Level
Hardwood Flooring

Kitchen Information
Size: 18X14
Eating Area (Breakfast Bar), Eating Area (Table Space), Island, Pantry (Butler), Pantry (Walk-in)
On Main Level
Hardwood Flooring

Laundry Room Information
Size: 13X14
On Main Level

Additional Rooms Information
5th Bedroom, Foyer, Breakfast Room, Library, Recreation Room, Eating Area, Office, Game Room, Workroom, Exercise Room
Full Basement
Finished Basement

Additional Room #1 Information
Bedroom #5
Size: 13X14
On Main Level

Additional Room #2 Information
Foyer
Size: 15X20
On Main Level

Additional Room #3 Information
Breakfast Room
Size: 12X17
On Main Level

Additional Room #4 Information
Library
Size: 15X14
On Main Level

Additional Room #5 Information
Recreation Room
Size: 16X30
On 2nd Level

Additional Room #6 Information
Eating Area
Size: 14X14
On Main Level

Additional Room #7 Information
Office
Size: 14X13
In Basement

Additional Room #8 Information
Game Room
Size: 20X15
In Basement

Additional Room #9 Information
Work Room
Size: 20X18
In Basement

Additional Room #10 Information
Exercise Room
Size: 16X18
In Basement

Equipment
Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Oven/Built-in, Range Hood
Humidifier, Cable TV, Fire Sprinklers, Ceiling Fan, Sump Pump, Lawn Sprinkler(s), Backup Sump Pump

Fireplace Information
# of Fireplaces: 2
In Family Room, In Living Room
Gas Starter

Interior Features
Vaulted/Cathedral Ceilings, Dry Bar, Wet Bar, Hardwood Flooring, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)

Heating & Cooling
Gas Heating, Forced Air Heating
Central Air Conditioning, Zoned Air Conditioning

Exterior

Building Information
Sq. Ft. Source: Assessor
Age: 21-25 Years
Brick Exterior
Concrete Foundation
Wood Shake/Shingle Roof

Property Features
Deck, Patio

Lot Information
Dimensions: 192.8 X 407 X 84.7 X 392.9
1.0-1.99 Acres
Fenced Yard, Nature Preserve Adjacent, Professionally Landscaped, Wooded, Mature Trees

Property Information
# of Rooms: 17
Ownership: Fee Simple
Aprox. Total Finished Sq. Ft.: 0
Total Finished/Unfinshed Sq Ft: 0
Rural (Y/N): N
Model: GEORGIAN
School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parcel Identification Number: 16062030120000

Financial

Financial Information
Tax: $25,644
Tax Year: 2019
Special Service Area: N
Finance Code: Conventional

Utilities

Utility Information
Water: Public
Sewer (Public)
Circuit Breakers

Location

Community Information
Sidewalks, Street Lights, Paved Street

Homeowners Association Information
Assessments/Association Dues: $300
Frequency: Annual

School Information
Elementary School: Everett Elementary School
Elementary School District: 67
Junior High: Deer Path Middle School
Junior High District: 67
High School: Lake Forest High School
High School District: 115

Location Information
Subdivision: North Carrol Meadows
Township: West Deerfield
Corporate Limits: Lake Forest
Directions: Westleigh Road, West of 41 to Wallace, North

Public facts

Beds: 4
Baths: 6.0
Sq. Ft.: 7,873
Stories: 2.0
Lot Size: 1.36 acres
Style: Single Family Residential
Year Built: 1996
Year Renovated: 1996
County: Lake County
APN: 16-06-203-012

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
Listing Agent Must Accompany
Possession: Closing
Holds Earnest Money: Yes
Seller Concessions: No

Around this home

Schools

Everett Elementary School

Public K-4 • Assigned • 0.5mi

10/10

Deer Path Middle School West

Public 7-8 • Assigned • 0.5mi

10/10

Lake Forest High School

Public 9-12 • Assigned • 2.5mi

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

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

2/10 Wind Factor

0% 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)

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

$2.20M – $2.66M

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New listings for sale in 60045

EARLY ACCESSCOMPASS COMING SOON

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EARLY ACCESS@PROPERTIES COMING SOON

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EARLY ACCESSCOMPASS COMING SOON

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Home values near 351 Wallace Dr

Data from public records.

Address	Redfin Estimate
361 Wallace Road, Lake Forest, IL 4 Beds \| 5.5 Baths \| 7303 Sq. Ft.	$2,336,271
260 Wallace Road, Lake Forest, IL 4 Beds \| 5.5 Baths \| 6273 Sq. Ft.	$1,918,989

Address	Redfin Estimate
230 Wallace Road, Lake Forest, IL 5 Beds \| 7 Baths \| 7832 Sq. Ft.	$2,936,360
301 Wallace Road, Lake Forest, IL 4 Beds \| 5.5 Baths \| 4970 Sq. Ft.	$2,383,118

Address	Redfin Estimate
331 Wallace Road, Lake Forest, IL 4 Beds \| 5.5 Baths \| 9265 Sq. Ft.	$2,190,166
870 Holden Court, Lake Forest, IL 5 Beds \| 6 Baths \| 6290 Sq. Ft.	$2,404,324

Property information provided by MRED as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60045, IL

Sale history for 351 Wallace Dr

Tax history for 351 Wallace Dr

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60045

Home values near 351 Wallace Dr

More real estate resources