40 S Maywood Rd is a 2,900 square foot multi-family home on a 7,815 square foot lot with 3 bathrooms. Based on Redfin's Lake Forest data, we estimate the home's value is $645,365.
Multi-familyProperty Type
1962Year Built
7,815 sq ftLot Size
$223Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$645,365
$22K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 45.7% lower than the average sale price ($1.19M) 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
$11,285 (+8.0%)
$83,968 + $111,240
$195,208
2024
$10,444 (−6.8%)
$83,968 + $111,240
$195,208
2023
$11,202 (+1.8%)
$85,276 + $112,974
$198,250
2022
$11,005 (+5.4%)
$76,867 + $101,833
$178,700
2021
$10,442 (+2.9%)
$84,443 + $98,437
$182,880
2020
$10,151 (+3.8%)
$81,627 + $95,154
$176,781
2019
$9,782 (+7.4%)
$81,245 + $94,709
$175,954
2018
$9,107 (+2.3%)
$81,933 + $90,256
$172,189
2017
$8,905 (+4.2%)
$81,933 + $90,256
$172,189
2016
$8,550 (+2.4%)
$81,461 + $89,736
$171,197
2015
$8,353 (−18.0%)
$77,552 + $85,430
$162,982
2013
$10,188 (+3.8%)
$52,117 + $131,958
$184,075
2012
$9,811 (+7.8%)
$53,469 + $135,381
$188,850
2011
$9,101 (−7.3%)
$54,294 + $137,471
$191,765
2010
$9,822 (+3.2%)
$77,822 + $146,395
$224,217
2008
$9,514 (+10.6%)
$82,473 + $155,145
$237,618
2007
$8,604
$79,528 + $149,606
$229,134
Tax history for 40 S Maywood Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,285 (+8.0%)
$83,968 + $111,240
$195,208
2024
$10,444 (−6.8%)
$83,968 + $111,240
$195,208
2023
$11,202 (+1.8%)
$85,276 + $112,974
$198,250
2022
$11,005 (+5.4%)
$76,867 + $101,833
$178,700
2021
$10,442 (+2.9%)
$84,443 + $98,437
$182,880
2020
$10,151 (+3.8%)
$81,627 + $95,154
$176,781
2019
$9,782 (+7.4%)
$81,245 + $94,709
$175,954
2018
$9,107 (+2.3%)
$81,933 + $90,256
$172,189
2017
$8,905 (+4.2%)
$81,933 + $90,256
$172,189
2016
$8,550 (+2.4%)
$81,461 + $89,736
$171,197
2015
$8,353 (−18.0%)
$77,552 + $85,430
$162,982
2013
$10,188 (+3.8%)
$52,117 + $131,958
$184,075
2012
$9,811 (+7.8%)
$53,469 + $135,381
$188,850
2011
$9,101 (−7.3%)
$54,294 + $137,471
$191,765
2010
$9,822 (+3.2%)
$77,822 + $146,395
$224,217
2008
$9,514 (+10.6%)
$82,473 + $155,145
$237,618
2007
$8,604
$79,528 + $149,606
$229,134
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
GR3
General Residence District
The GR-3 District is a two-family residence district used for the purpose of maintaining the character of those areas of the community traditionally zoned for two-family dwellings, partially developed by such uses, and in the best interests of the community, desirably maintained for one-and two-family dwelling use.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Housing-Single unit
Housing-Multiple units
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 1,450
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 2
Heating & Cooling
Heating Type: Forced Air
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Duplex
Building Construction Quality: Good
Property Information
Subdivision Name: WOLFE & DHAMER SUB
Living Sq. Ft: 2,900
Ground Floor Sq. Ft: 1,450
Building Sq. Ft: 4,350
# of Stories: 2
Legal Description: WOLFE & DHAMER SUB LOT 11
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 525
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,815
Legal Lot Number: 11
Municipality Name: MORAINE TWP
Acres: 0.1794
County Use Description: RESIDENTIAL IMPROVEMENTS
Financial
Assessor Information
Assessment Year: 2025
Tax District County: MORAINE TOWNSHIP
Public facts
Beds: —
Baths: 3.0
Sq. Ft.: 2,900
Stories: 2.0
Lot Size: 7,815 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1962
Year Renovated: 1962
County: Lake County
APN: 16-04-202-018
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Sheridan Elementary School
Public PreK-4 • Assigned • 2.3mi
10/10
Deer Path Middle School West
Public 7-8 • Assigned • 2.3mi
10/10
Lake Forest High School
Public 9-12 • Assigned • 1.8mi
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
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)
29
14
37
21
52
32
60
41
66
47
79
61
84
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
$614,000 – $743,000
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