This home's estimate is 38.1% higher than the average sale price ($1.83M) of 6 comparable homes.
Search- Overview
- Sale & tax history
- Property details
- Neighborhood
- Climate
506 WALNUT Rd, Lake Forest, IL 60045
About this home
First time on the market in over 30 years! This truly remarkable east Lake Forest treasure was built in 1925 and designed my Charles S. Frost, Architect. Enter into a gracious foyer which is flanked by tastefully appointed living room and formal dining room, each with its own fireplace. A large kitchen with island complemented with a cozy separate breakfast room.
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Market trends in 60045, IL
Last updated July 2026
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1126 Highland Ave, Lake Forest, IL 60045 See all
Provided by Redfin
Sale history for 506 WALNUT Rd
Tax history for 506 WALNUT Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # of Cars: 2
- # of Garage Spaces: 2
- Garage Parking
- Parking On-Site
- Attached Garage
- Asphalt Driveway
Interior
- Bedroom Information
- # of Bedrooms: 6
- # of Bedrooms (Above Grade): 6
- Master Bedroom Information
- Size: 15X19
- On 2nd Level
- Hardwood Flooring
- Has Window Treatments
- Bedroom #2 Information
- Size: 16X20
- On 2nd Level
- Hardwood Flooring
- Has Window Treatments
- Bedroom #3 Information
- Size: 12X15
- On 2nd Level
- Hardwood Flooring
- Has Window Treatments
- Bedroom #4 Information
- Size: 14X20
- On 2nd Level
- Hardwood Flooring
- Has Window Treatments
- Bathroom Information
- # of Baths (Full): 3
- # of Baths (1/2): 3
- Master Bath
- Bathroom(s) in Basement
- Living Room Information
- Size: 18X25
- On Main Level
- Hardwood Flooring
- Has Window Treatments
- Dining Room Information
- Separate Dining Room
- Size: 15X16
- On Main Level
- Hardwood Flooring
- Kitchen Information
- Size: 18X22
- Eating Area (Breakfast Bar), Island
- On Main Level
- Vinyl Flooring
- Additional Rooms Information
- 5th Bedroom, 6th Bedroom, Breakfast Room, Sun/Florida Room
- Full Basement
- Unfinished Basement
- Unfinished Attic
- Additional Room #1 Information
- Bedroom #5
- Size: 10X12
- On 2nd Level
- Carpet Flooring
- Has Window Treatments
- Additional Room #2 Information
- Bedroom #6
- Size: 09X09
- On 2nd Level
- Carpet Flooring
- Has Window Treatments
- Additional Room #3 Information
- Breakfast Room
- Size: 10X11
- On Main Level
- Hardwood Flooring
- Has Window Treatments
- Additional Room #4 Information
- Sunroom
- Size: 12X20
- On Main Level
- Hardwood Flooring
- Has Window Treatments
- Equipment
- Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
- Fireplace Information
- # of Fireplaces: 3
- In Living Room, Other Fireplace Location (See Remarks)
- Wood Burning
- Interior Features
- Wet Bar
- Heating & Cooling
- Gas Heating, Hot Water/Steam Heating, Radiators
- SpacePak Air Conditioning, Zoned Air Conditioning
Exterior
- Building Information
- Sq. Ft. Source: Not Reported
- Built Before 1978
- Age: 51-100 Years
- Stucco Exterior
- Concrete Foundation
- Asphalt/Glass Roof (Shingles)
- Property Features
- Patio
- Lot Information
- Dimensions: 184X286X51X283
- .50-.99 Acre
- Wooded
- Property Information
- # of Rooms: 11
- Ownership: Fee Simple
- School Bus Service, Commuter Train
- Parcel Identification Number: 12332010030000
Financial
- Financial Information
- Tax: $22,198.25
- Tax Year: 2008
- Tax Exemptions: Senior
- Finance Code: Conventional
Utilities
- Utility Information
- Water: Lake Michigan, Public
- Sewer (Public)
- Circuit Breakers, 200+ Amp Service
Location
- Community Information
- Sidewalks, Paved Street
- School Information
- Elementary School: SHERIDAN 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
- Township: SHIELDS
- Corporate Limits: LAKE FOREST
- Directions: Deerpath Road east to Walnut, East on Walnut to Address
Public facts
- Beds: 6
- Baths: 3.5
- Sq. Ft.: 3,343
- Stories: 1.5
- Lot Size: 0.9 acres
- Style: Single Family Residential
- Year Built: 1925
- Year Renovated: 1925
- County: Lake County
- APN: 12-33-201-003
Other
- Listing Information
- Listing Agent Must Accompany
- Possession: Negotiable
- Holds Earnest Money: Yes
- Sale Terms: Conventional
- Seller Concessions: No
Around this home
Schools
Public PreK-4 • Assigned • 2.5mi
Public 7-8 • Assigned • 2.5mi
Public 9-12 • Assigned • 0.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 97° expected this year, 14 days in 30 years
0% chance of strong winds in next 30 years
4 unhealthy days expected this year, 5 days in 30 years
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.
Nearby similar homes
New listings for sale in 60045
Home values near 506 WALNUT Rd
| Address | Redfin Estimate |
|---|---|
- Beds | 5 Baths | 4939 Sq. Ft. | $2,598,979 |
5 Beds | 7 Baths | 5964 Sq. Ft. | $3,421,970 |
| Address | Redfin Estimate |
|---|---|
- Beds | 6.5 Baths | 6845 Sq. Ft. | $3,151,371 |
1 Beds | 3.5 Baths | 4600 Sq. Ft. | $2,599,409 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 5 Baths | 4410 Sq. Ft. | $1,626,238 |
4 Beds | 5.5 Baths | 5000 Sq. Ft. | $3,511,902 |
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