Google street view image for 701 W Old Elm Rd, Lake Forest, IL 60045

Off market apr 1999 for $1.1M

$2,077,717

Est. refi paymentEst. refi $7,322/mo

•

4.5 ba

•

5,456

sq ft

701 W Old Elm Rd, Lake Forest, IL 60045

About this home

701 W Old Elm Rd is a 5,456 square foot house on a 2.5 acre lot with 4 bedrooms and 4.5 bathrooms. - it last sold on April 21, 1999 for $1,125,000. Based on Redfin's Lake Forest data, we estimate the home's value is $2,077,717.

Single-familyProperty Type

1975Year Built

2.5 acresLot Size

$381Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$2,077,717

$953K since sold in April 1999$71K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.5% higher than the average sale price ($1.66M) of 5 comparable homes.

SOLD AUG 24, 2026
$1,650,000
A
5 beds4.5 baths4,379 sq ft
1086 Polo Dr, Lake Forest, IL 60045
SOLD SEP 25, 2026
$1,646,000
B
5 beds4.5 baths5,954 sq ft
1541 Heritage Ct, Lake Forest, IL 60045
SOLD MAY 21, 2026
$1,785,000
C
5 beds5 baths4,152 sq ft
620 W Old Elm Rd, Lake Forest, IL 60045
SOLD JUN 15, 2026
$1,620,000
D
4 beds4.5 baths4,244 sq ft
791 S Ridge Rd, Lake Forest, IL 60045
SOLD SEP 18, 2026
$1,579,000
E
4 beds4.5 baths4,346 sq ft
1070 Sir William Ln, Lake Forest, IL 60045

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Earn from this home

Sell

$1,854,603

Est. take-home

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Est. cash available

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Rent

$6,046/mo

Redfin rental estimate

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Market trends in 60045, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.7%

0.5% MoM

Median sale price

$1.4M

$46K MoM

Avg. days on market

49d

0 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW
$1,895,000
2 beds2.5 baths2,685 sq ft
333 E Westminster Rd Unit 2B, Lake Forest, IL 60045
EARLY ACCESS
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535 Waukegan Rd, Lake Forest, IL 60045
OPEN TODAY, 12PM TO 2PM
$2,150,000
6 beds5.5 baths5,389 sq ft
1280 Lawrence Ave, Lake Forest, IL 60045
OPEN SUN, 1PM TO 3PM
$749,900
4 beds2 baths2,016 sq ft
270 Park Ave, Lake Forest, IL 60045
$2,395,000
4 beds3.5 baths3,986 sq ft
1070 Meadow Ln, Lake Forest, IL 60045
$364,900
2 beds2 baths1,220 sq ft
1301 N Western Ave #217, Lake Forest, IL 60045
$4,950,000
6 beds7.5 baths8,078 sq ft
435 Thorne Ln, Lake Forest, IL 60045
$2,400,000
6 beds5.5 baths7,683 sq ft
610 S Ridge Rd, Lake Forest, IL 60045
EARLY ACCESS
$1,625,000
5 beds4.5 baths4,416 sq ft
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OPEN TODAY, 11AM TO 1PM
$799,000
3 beds2.5 baths2,052 sq ft
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See all

Provided by Redfin

Sale history for 701 W Old Elm Rd

Year

Property tax

Land + Additions

Assessment*

2025

$36,224 (+1.2%)

$288,946 + $341,797

$630,743

2024

$35,791 (+3.0%)

$288,946 + $341,797

$630,743

2023

$34,747 (+2.5%)

$275,607 + $326,018

$601,625

2022

$33,888 (+5.8%)

$254,325 + $300,843

$555,168

2021

$32,044 (+2.7%)

$252,118 + $318,132

$570,250

2020

$31,213 (+3.4%)

$243,076 + $306,722

$549,798

2019

$30,194 (+26.0%)

$243,175 + $306,845

$550,020

2018

$23,965 (−16.9%)

$257,746 + $305,202

$562,948

2017

$28,832 (+3.1%)

$257,746 + $305,202

$562,948

2016

$27,956 (+1.3%)

$256,924 + $304,228

$561,152

2015

$27,587 (+9.3%)

$247,209 + $292,724

$539,933

2013

$25,241 (+3.6%)

$233,935 + $236,762

$470,697

2012

$24,372 (+4.3%)

$237,087 + $239,952

$477,039

2011

$23,378 (−11.0%)

$248,780 + $334,986

$583,766

2010

$26,280 (+3.2%)

$273,197 + $335,280

$608,477

2008

$25,472 (+7.0%)

$289,465 + $355,245

$644,710

2007

$23,804

$288,090 + $353,558

$641,648

Tax history for 701 W Old Elm Rd

Year

Property tax

Land + Additions

Assessment*

2025

$36,224 (+1.2%)

$288,946 + $341,797

$630,743

2024

$35,791 (+3.0%)

$288,946 + $341,797

$630,743

2023

$34,747 (+2.5%)

$275,607 + $326,018

$601,625

2022

$33,888 (+5.8%)

$254,325 + $300,843

$555,168

2021

$32,044 (+2.7%)

$252,118 + $318,132

$570,250

2020

$31,213 (+3.4%)

$243,076 + $306,722

$549,798

2019

$30,194 (+26.0%)

$243,175 + $306,845

$550,020

2018

$23,965 (−16.9%)

$257,746 + $305,202

$562,948

2017

$28,832 (+3.1%)

$257,746 + $305,202

$562,948

2016

$27,956 (+1.3%)

$256,924 + $304,228

$561,152

2015

$27,587 (+9.3%)

$247,209 + $292,724

$539,933

2013

$25,241 (+3.6%)

$233,935 + $236,762

$470,697

2012

$24,372 (+4.3%)

$237,087 + $239,952

$477,039

2011

$23,378 (−11.0%)

$248,780 + $334,986

$583,766

2010

$26,280 (+3.2%)

$273,197 + $335,280

$608,477

2008

$25,472 (+7.0%)

$289,465 + $355,245

$644,710

2007

$23,804

$288,090 + $353,558

$641,648

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

Property details

Interior

Basement Information
Basement Sq. Ft: 3,286

Bathroom Information
# of Full Baths: 4
# of 1/2 Baths: 1

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 4
Has Fireplace

Exterior

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

Property Information
Subdivision Name: JOSEPH MENDINO SUB
Living Sq. Ft: 5,456
Ground Floor Sq. Ft: 3,286
Building Sq. Ft: 9,722
# of Stories: 1
Legal Description: JOSEPH MENDINO SUBDIVISION; LOT 3

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 980
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 108,900
Legal Lot Number: 3
Municipality Name: WEST DEERFIELD TWP
Acres: 2.5
County Use Description: RESIDENTIAL IMPROVEMENTS

Financial

Assessor Information
Assessment Year: 2025
Tax District County: WEST DEERFIELD TOWNSHIP

Public facts

Beds: 4
Baths: 4.5
Sq. Ft.: 5,456
Stories: 1.0
Lot Size: 2.5 acres
Style: Single Family Residential
Year Built: 1975
Year Renovated: 1975
County: Lake County
APN: 16-08-101-004

Home facts updated by county records on Jul 15, 2026

Around this home

Schools

Everett Elementary School

Public K-4 • Assigned • 1.3mi

10/10

Deer Path Middle School West

Public 7-8 • Assigned • 1.3mi

10/10

Lake Forest High School

Public 9-12 • Assigned • 3.4mi

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

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

$1.97M – $2.39M

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New listings for sale in 60045

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333 E Westminster Rd Unit 2B, Lake Forest, IL 60045

EARLY ACCESSCOMPASS COMING SOON

$998,000

4 beds3 baths2,146 sq ft

535 Waukegan Rd, Lake Forest, IL 60045

OPEN TODAY, 12PM TO 2PM

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6 beds5.5 baths5,389 sq ft

1280 Lawrence Ave, Lake Forest, IL 60045

OPEN SUN, 1PM TO 3PM

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4 beds2 baths2,016 sq ft

270 Park Ave, Lake Forest, IL 60045

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4 beds3.5 baths3,986 sq ft

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2 beds2 baths1,220 sq ft

1301 N Western Ave #217, Lake Forest, IL 60045

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6 beds7.5 baths8,078 sq ft

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6 beds5.5 baths7,683 sq ft

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EARLY ACCESSSOTHEBY'S REALTY COMING SOON

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Home values near 701 W Old Elm Rd

Data from public records.

Address	Redfin Estimate
640 West Old Elm Rd, Lake Forest, IL 7 Beds \| 6.5 Baths \| 6484 Sq. Ft.	$2,368,396
677 West Old Elm Rd, Lake Forest, IL 5 Beds \| 5.5 Baths \| 6177 Sq. Ft.	$2,015,036

Address	Redfin Estimate
620 West Old Elm Rd, Lake Forest, IL 5 Beds \| 5 Baths \| 4152 Sq. Ft.	$1,980,643
711 Jennifer Ct, Lake Forest, IL 6 Beds \| 4 Baths \| 7100 Sq. Ft.	$2,254,519

Address	Redfin Estimate
711 West Old Elm Rd, Lake Forest, IL 6 Beds \| 6.5 Baths \| 6053 Sq. Ft.	$2,254,428
760 Jennifer Ct, Lake Forest, IL 5 Beds \| 5 Baths \| 6480 Sq. Ft.	$1,411,324

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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 701 W Old Elm Rd

Tax history for 701 W Old Elm Rd

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 701 W Old Elm Rd

More real estate resources