Google satellite image for 500 College Rd, Lake Forest, IL 60045

Off market jun 1993 for $985K

$1,944,045

Est. refi paymentEst. refi $6,471/mo

—

•

2.5 ba

•

4,146

sq ft

500 College Rd, Lake Forest, IL 60045

About this home

500 College Rd is a 4,146 square foot house on a 0.96 acre lot with 2.5 bathrooms. - it last sold on June 28, 1993 for $985,000. Based on Redfin's Lake Forest data, we estimate the home's value is $1,944,045.

Single-familyProperty Type

1987Year Built

0.96 acresLot Size

$469Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,944,045

$959K since sold in June 1993$12K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 39.1% higher than the average sale price ($1.40M) of 5 comparable homes.

SOLD OCT 13, 2026
$1,775,000
A
5 beds4 baths4,166 sq ft
1041 Havenwood Ln, Lake Forest, IL 60045
SOLD OCT 15, 2026
$1,420,000
B
4 beds3 baths3,939 sq ft
655 Forest Hill Rd, Lake Forest, IL 60045
SOLD JUN 22, 2026
$845,000
C
4 beds2.5 baths3,693 sq ft
21 N Ridge Rd, Lake Forest, IL 60045
SOLD SEP 30, 2026
$1,600,000
D
4 beds3.5 baths4,265 sq ft
150 N Suffolk Ln, Lake Forest, IL 60045
SOLD AUG 4, 2026
$1,350,000
E
4 beds3.5 baths4,192 sq ft
125 N Ridge Rd, Lake Forest, IL 60045

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Earn from this home

Sell

$1,852,147

Est. take-home

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Est. cash available

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Market trends in 60045, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.7%

+0.1% MoM

Median sale price

$1.3M

$81K MoM

Avg. days on market

47d

2 days MoM

Recently sold homes

6 MoM

New listings for sale

$2,550,000
5 beds4.5 baths5,438 sq ft
1175 Edgewood Rd, Lake Forest, IL 60045
NEW 20 HRS AGO
$995,000
5 beds3.5 baths3,118 sq ft
1 Briarwood Ln, Lincolnshire, IL 60069
EARLY ACCESS
$1,695,000
6 beds5 baths6,014 sq ft
720 Newcastle Dr, Lake Forest, IL 60045
$1,995,000
4 beds4.5 baths4,387 sq ft
677 Buena Rd, Lake Forest, IL 60045
$1,950,000
4 beds4.5 baths4,744 sq ft
950 Lakewood Dr, Lake Forest, IL 60045
OPEN TODAY, 11AM TO 1PM
$949,900
4 beds3.5 baths2,367 sq ft
598 Wharton Dr, Lake Forest, IL 60045
OPEN TODAY, 1PM TO 3PM
$1,245,000
3 beds3 baths1,944 sq ft
64 Washington Rd, Lake Forest, IL 60045
OPEN SUN, 1PM TO 3PM
$1,349,000
5 beds4.5 baths3,318 sq ft
1309 W Estate Ln E, Lake Forest, IL 60045
$1,800,000
4 beds3.5 baths2,995 sq ft
130 E Foster Pl, Lake Forest, IL 60045
$575,000
3 beds2 baths1,888 sq ft
90 Franklin Pl #209, Lake Forest, IL 60045
See all

Provided by Redfin

Sale history for 500 College Rd

Year

Property tax

Land + Additions

Assessment*

2025

$35,376 (+110.8%)

$279,437 + $341,060

$620,497

2024

$16,785 (−45.8%)

$279,437 + $341,060

$620,497

2023

$30,956 (+5.8%)

$256,412 + $312,958

$569,370

2022

$29,249 (+2.9%)

$225,112 + $274,756

$499,868

2021

$28,435 (+2.3%)

$220,851 + $269,555

$490,406

2020

$27,799 (+5.3%)

$218,946 + $267,230

$486,176

2019

$26,410 (−21.1%)

$216,116 + $263,775

$479,891

2018

$33,457 (+3.4%)

$287,538 + $349,587

$637,125

2017

$32,350 (+4.3%)

$287,538 + $349,587

$637,125

2016

$31,030 (+1.7%)

$282,732 + $343,743

$626,475

2015

$30,500 (−4.6%)

$269,115 + $327,187

$596,302

2013

$31,954 (+2.0%)

$227,505 + $357,545

$585,050

2012

$31,319 (+2.5%)

$238,098 + $374,193

$612,291

2011

$30,543 (+1.6%)

$253,404 + $394,623

$648,027

2010

$30,069 (−0.2%)

$411,451 + $279,261

$690,712

2008

$30,119 (+8.3%)

$449,330 + $304,970

$754,300

2007

$27,820

$446,003 + $302,712

$748,715

Tax history for 500 College Rd

Year

Property tax

Land + Additions

Assessment*

2025

$35,376 (+110.8%)

$279,437 + $341,060

$620,497

2024

$16,785 (−45.8%)

$279,437 + $341,060

$620,497

2023

$30,956 (+5.8%)

$256,412 + $312,958

$569,370

2022

$29,249 (+2.9%)

$225,112 + $274,756

$499,868

2021

$28,435 (+2.3%)

$220,851 + $269,555

$490,406

2020

$27,799 (+5.3%)

$218,946 + $267,230

$486,176

2019

$26,410 (−21.1%)

$216,116 + $263,775

$479,891

2018

$33,457 (+3.4%)

$287,538 + $349,587

$637,125

2017

$32,350 (+4.3%)

$287,538 + $349,587

$637,125

2016

$31,030 (+1.7%)

$282,732 + $343,743

$626,475

2015

$30,500 (−4.6%)

$269,115 + $327,187

$596,302

2013

$31,954 (+2.0%)

$227,505 + $357,545

$585,050

2012

$31,319 (+2.5%)

$238,098 + $374,193

$612,291

2011

$30,543 (+1.6%)

$253,404 + $394,623

$648,027

2010

$30,069 (−0.2%)

$411,451 + $279,261

$690,712

2008

$30,119 (+8.3%)

$449,330 + $304,970

$754,300

2007

$27,820

$446,003 + $302,712

$748,715

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

Permits

Apr 29, 2025 • Final

Building

Grading

Mar 25, 2021 • Final

Plumbing

Remove and replace a reduced pressure zone backflow preventer.

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: 1,098

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1

Heating & Cooling
Air Conditioning Type: Central

Fireplace Information
# of Fireplaces: 3
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Conventional
Building Construction Quality: Excellent

Property Information
Subdivision Name: LAKE FOREST
Living Sq. Ft: 4,146
Ground Floor Sq. Ft: 2,772
Building Sq. Ft: 5,948
# of Stories: 2
Legal Description: CITY OF LAKE FOREST (EX N 40 FT) LOT 167

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 704
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 41,818
Legal Lot Number: 167
Municipality Name: SHIELDS TWP
Acres: 0.96
County Use Description: RESIDENTIAL IMPROVEMENTS

Financial

Assessor Information
Assessment Year: 2025
Tax District County: SHIELDS TOWNSHIP

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 4,146
Stories: 2.0
Lot Size: 0.96 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: 1987
County: Lake County
APN: 12-33-208-018

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 • 2.5mi

10/10

Deer Path Middle School West

Public 7-8 • Assigned • 2.5mi

10/10

Lake Forest High School

Public 9-12 • Assigned • 1.1mi

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)

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

$1.85M – $2.24M

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NEW 20 HRS AGO

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4 beds4.5 baths4,387 sq ft

677 Buena Rd, Lake Forest, IL 60045

Two-story foyer • Hardwood floors • Custom millwork

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4 beds4.5 baths4,744 sq ft

950 Lakewood Dr, Lake Forest, IL 60045

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OPEN TODAY, 11AM TO 1PM3D WALKTHROUGH

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4 beds3.5 baths2,367 sq ft

598 Wharton Dr, Lake Forest, IL 60045

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OPEN TODAY, 1PM TO 3PM

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3 beds3 baths1,944 sq ft

64 Washington Rd, Lake Forest, IL 60045

White chef's kitchen • Two ensuite bedrooms • Finished lower level

OPEN SUN, 1PM TO 3PM

$1,349,000

5 beds4.5 baths3,318 sq ft

1309 W Estate Ln E, Lake Forest, IL 60045

Two story fireplace • Custom cabinetry • Granite countertops

$1,800,000

4 beds3.5 baths2,995 sq ft

130 E Foster Pl, Lake Forest, IL 60045

1.99 acres • Fireplace • Wet bar

Home values near 500 College Rd

Data from public records.

Address	Redfin Estimate
527 College Rd, Lake Forest, IL - Beds \| 3 Baths \| 3332 Sq. Ft.	$1,456,786
521 College Rd, Lake Forest, IL - Beds \| 3.5 Baths \| 4307 Sq. Ft.	$1,569,148
499 College Rd, Lake Forest, IL - Beds \| 2 Baths \| 2267 Sq. Ft.	$864,995
436 East Illinois Rd, Lake Forest, IL - Beds \| 3 Baths \| 3716 Sq. Ft.	$1,466,826
425 East Illinois Rd, Lake Forest, IL 5 Beds \| 5.5 Baths \| 5600 Sq. Ft.	$3,201,037
495 East Deerpath, Lake Forest, IL - Beds \| 3.5 Baths \| 5433 Sq. Ft.	$1,901,379
580 Washington Rd, Lake Forest, IL 4 Beds \| 3.5 Baths \| 4154 Sq. Ft.	$2,220,291

Address	Redfin Estimate
545 College Rd, Lake Forest, IL 5 Beds \| 5.5 Baths \| 6145 Sq. Ft.	$2,777,855
490 College Rd, Lake Forest, IL 7 Beds \| 5.5 Baths \| 4919 Sq. Ft.	$1,966,726
455 East Deerpath, Lake Forest, IL 6 Beds \| 5.5 Baths \| 4848 Sq. Ft.	$2,378,209
506 Washington Rd, Lake Forest, IL - Beds \| 3.5 Baths \| 5139 Sq. Ft.	$2,987,394
561 Washington Rd, Lake Forest, IL - Beds \| 5 Baths \| 5332 Sq. Ft.	$2,217,250
487 East Deerpath, Lake Forest, IL - Beds \| 4.5 Baths \| 4596 Sq. Ft.	$2,365,114
620 Washington Rd, Lake Forest, IL 4 Beds \| 3.5 Baths \| 3115 Sq. Ft.	$2,239,177

Address	Redfin Estimate
470 College Rd, Lake Forest, IL 5 Beds \| 3.5 Baths \| 4180 Sq. Ft.	$1,789,147
509 College Rd, Lake Forest, IL 5 Beds \| 2.5 Baths \| - Sq. Ft.	$1,084,361
475 East Deerpath, Lake Forest, IL 7 Beds \| 7 Baths \| 8225 Sq. Ft.	$3,980,040
430 East Illinois Rd, Lake Forest, IL 4 Beds \| 2.5 Baths \| 3337 Sq. Ft.	$1,341,240
611 Washington Rd, Lake Forest, IL - Beds \| 2.5 Baths \| 2920 Sq. Ft.	$2,104,344
570 Washington Rd, Lake Forest, IL - Beds \| 6 Baths \| 5029 Sq. Ft.	$2,572,525
412 East Illinois Rd, Lake Forest, IL 5 Beds \| 5 Baths \| 3438 Sq. Ft.	$1,831,515

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About this home

Redfin Estimate

Earn from this home

Market trends in 60045, IL

Sale history for 500 College Rd

Tax history for 500 College Rd

Permits

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 500 College Rd

More real estate resources