Lake Forest, IL, Real Estate

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Lake Forest, Illinois, is an affluent city located along Lake Michigan’s North Shore, about 30 miles north of Chicago. Known for its picturesque landscapes, historic architecture, and upscale residential areas, it offers a blend of suburban tranquility and cultural sophistication. The city is home to Lake Forest College, a prestigious liberal arts institution, and features well-preserved estates from the Gilded Age, reflecting its history as a retreat for Chicago’s elite. With access to scenic beaches, extensive forest preserves, and a charming downtown filled with boutique shops and restaurants, Lake Forest attracts residents and visitors seeking a refined yet relaxed lifestyle.

Lake Forest currently has 113 single family homes for sale with an average list price of $2,378,569.46, 4 townhouses for sale with an average list price of $803,500, 14 condos for sale with an average list price of $899,528.57, and 30 lots for sale with an average list price of $814,766.67. The average annual property tax for Lake Forest is $18,068.49.

Current Homes for Sale

Homes 113 for sale

Condos 14 for sale

Townhouses 4 for sale

Multi-unit 1 for sale

Lots/Land 30 for sale

Short Sales 1 for sale

Foreclosures 1 for sale

New Construction 10 for sale

Photos

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Schools

School	District	Level	Grades
Cherokee Elementary School	Lake Forest School District 67	Elementary	K-4
Deer Path Elementary School	Cary School District 26	Elementary	P-4
Everett Elementary School	Lake Forest School District 67	Elementary	K-4
Half Day School	Lincolnshire-Prairie View School District 103	Elementary	3-4
Lake Bluff Elementary School	Lake Bluff School District 65	Elementary	K-5
Laura B Sprague School	Lincolnshire-Prairie View School District 103	Elementary	P-2
Rondout Elementary School	Rondout School District 72	Elementary	K-8
Sheridan Elementary School	Lake Forest School District 67	Elementary	K-4
Daniel Wright Junior High School	Lincolnshire-Prairie View School District 103	Middle	5-8
Deer Path Middle School	Lake Forest School District 67	Middle	7-8
Lake Bluff Middle School	Lake Bluff School District 65	Middle	6-8
Adlai E Stevenson High School	Stevenson High School 125	High	9-12
Lake Forest High School	Lake Forest School District 115	High	9-12
Libertyville High School	Community High School District 128	High	9-12

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Schools

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Active 55+ Communities

Most Affordable Condos

Most Expensive Homes

Most Expensive Streets

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lake Forest, i.e. what's hot and what's not.

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Recent Sales

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Recent Sales

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Train Stations

	Station	Line(s)	Address
	Lake Forest	Line(s): Milwaukee District / North Line (MD-N)	911 Telegraph Rd., Lake Forest	View Commute
	Lake Forest	Line(s): Union Pacific / North Line (UP-N)	691 Western Ave., Lake Forest	View Commute

Train Stations

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Subdivisions/Buildings

	Subdivisions/Buildings	Median Price
	105 E. Laurel 105 E. Laurel is a condo building in Lake Forest, Illinois, built between 1979 and 1981. It currently has no homes for sale. The homes range in size from 1,788 ft2 to 2,301 ft2. The average annual property tax for 105 E. Laurel is $7,830.49. It is located in Lake County. 105 E. Laurel is a 21 unit condo building built in 1981. 105 E. Laurel is located in walking distance to downtown Lake Forest, Illinois. ... Read more	Median Price: $702,500
	1850 Amberley Condominiums 1850 Amberley Condominiums is a condo building in Lake Forest, Illinois. It currently has no homes for sale. 1850 Amberley is a 45 unit luxury maintenance-free condominium community built in 2018. 1850 Amberley is located minutes from downtown Lake Forest, close to shopping, restaurants and transportation. 1850 Amberley is located in Lake Forest south of Route 60/Townline Road just east of Saunders Road. ... Read more
	485 Oakwood 485 Oakwood is a condo building in Lake Forest, Illinois. It currently has no homes for sale. 485 Oakwood Avenue is an 11 unit condo building built in 1987. 485 Oakwood is located in Lake Forest, Illinois south of Deerpath Road and east of Green Bay Road. ... Read more
	501 Oakwood 501 Oakwood is a condo building in Lake Forest, Illinois. It currently has no homes for sale. 501 Oakwood is a 15 unit condo building built in 1977. 501 Oakwood is located in Lake Forest, Illinois south of Deerpath Road and east of Green Bay Road. ... Read more	Median Price: $800,000
	Abington Cambs Abington Cambs is a subdivision in Lake Forest, Illinois. It currently has no homes for sale. Abington Cambs is a single family neighborhood built in the early 1990s. Abington Cambs is located in Lake Forest, Illinois on Everett west of Waukegan. ... Read more

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Subdivisions/Buildings

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Market Trends

Lake Forest home sales for the month of June rose in volume by 21.2% when compared to last year, while the median sale price rose by 29.7% from $1,127,500 to $1,462,000. House sales rose by 28.6%, while the median sale price rose by 31.5% from $1,157,650 to $1,522,000. Condo sales decreased by 25%, while the median sale price rose by 34.7% from $229,750 to $309,500. Townhouse sales stayed the same, while the median sale price decreased by 28.6% from $1,275,000 to $910,000.

542	426	316	294
2021	2022	2023	2024
# of sales per year

$799,000	$1,050,500	$955,000	$1,126,250
2021	2022	2023	2024
median sale price per year

Median Sale Price for Lake Forest

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Number of Sales for Lake Forest

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Nearby Parks

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Nearby Parks

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Nearby Golf Courses

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Real Estate News

	New Homes For Sale This Week in Lake Forest: July 18th to July 24th - July 25, 2025 Lake Forest had 6 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 5 single family homes for sale with an average ... continue reading
	Homes Just Sold in Lake Forest: July 15th to July 21st - July 22, 2025 Lake Forest had 10 sales during the week of Tuesday, July 15 to Monday, July 21, including including 10 single family homes for sale with an average list price of ... continue reading
	New Homes with Master Bedrooms on the 1st Floor in Lake Forest: July 12th to July 18th - July 19, 2025 Lake Forest had 4 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 12 to Friday, July 18, including 3 ... continue reading
	New Homes For Sale This Week in Lake Forest: July 11th to July 17th - July 18, 2025 Lake Forest had 11 new homes for sale during the week of Friday, July 11 to Thursday, July 17, including including 8 single family homes for sale with an average ... continue reading
	New Construction Homes For Sale This Week in Lake Forest: July 9th to July 15th - July 16, 2025 Lake Forest had 2 new construction homes during the week of Wednesday, July 9 to Tuesday, July 15, including 2 single family homes for sale with an average list price ... continue reading