$2,292,800
- 4 Beds
- 5 Baths
- 5,662 sqft (on 1.25 acres)
185 Wallace Rd, Lake Forest, IL 60045
Est. Refi. Payment $17,013/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 31, 2006 for $1,864,000
Home Value
Trulia Estimate
$2.29MSince last month
Decreased$18K (-0.8%)Since last year
Increased$123K (+5.7%)Since last sale
Increased$429K (+23%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +34% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.29M |
| August 2026 | $2.29M |
| July 2026 | $2.31M |
| June 2026 | $2.31M |
| May 2026 | $2.27M |
| April 2026 | $2.18M |
| March 2026 | $2.21M |
| February 2026 | $2.18M |
| January 2026 | $2.11M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $1,920,000 | 07/09/26 | 5 | 5.5 | 5,695 | |
0.11 | Single-Family Home | $2,600,000 | 06/29/26 | 5 | 5.5 | 5,290 | |
0.18 | Single-Family Home | $2,300,000 | 06/30/26 | 6 | 5.5 | 4,838 | |
0.26 | Single-Family Home | $2,000,000 | 10/30/25 | 4 | 3.5 | 4,907 | |
0.45 | Single-Family Home | $1,350,000 | 08/04/26 | 4 | 3.5 | 4,192 | |
0.54 | Single-Family Home | $2,300,000 | 03/19/26 | 5 | 6.5 | 5,858 | |
0.28 | Single-Family Home | $2,552,813 | 04/16/26 | 4 | 2.5 | 3,730 | |
0.20 | Single-Family Home | $2,300,000 | 06/29/26 | 3 | 3.5 | 4,015 | |
0.28 | Single-Family Home | $1,690,000 | 06/25/26 | 3 | 3.5 | 3,944 | |
0.28 | Single-Family Home | $1,690,000 | 06/17/26 | 3 | 3.5 | 3,944 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $2,238,200 | 5 | 5 | 5,114 | Off Market | |
0.10 | $2,066,600 | 5 | 5.5 | 5,045 | Off Market | |
0.11 | $2,600,000 | 5 | 5.5 | 5,290 | Recently Sold | |
0.18 | $2,300,000 | 6 | 5.5 | 4,838 | Recently Sold | |
0.20 | $2,342,800 | 6 | 5.5 | 5,690 | Off Market | |
0.20 | $1,965,500 | 6 | 7.5 | 4,167 | Off Market | |
0.20 | - | - | - | - | Off Market | |
0.20 | $2,300,000 | 3 | 3.5 | 4,015 | Recently Sold | |
0.20 | $900,000 | - | - | - | Recently Sold | |
0.20 | $900,000 | - | - | - | Recently Sold | |
0.20 | $687,600 | - | - | - | Recently Sold | |
0.20 | $750,000 | - | - | - | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1999
1.25 acre lot
5,662 sqft
$405/sqft
Garage
About this House
This single-family home is located at 185 Wallace Rd, Lake Forest, IL. 185 Wallace Rd is in Lake Forest, IL and in ZIP code 60045. This property has 4 bedrooms, 5 bathrooms and approximately 5,662 sqft of floor space. This property has a lot size of 1.25 acres and was built in 1999.
185 Wallace Rd, Lake Forest, IL 60045 is a 4 bedroom, 5 bathroom, 5,662 sqft single-family home built in 1999. It last sold for $1,864,000 on Jan 31, 2006. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,292,800.
Home Details for 185 Wallace Rd
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Interior Details Basement |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
Fireplace & Spa Fireplace |
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Year Built Year Built: 1999Year Updated: 1999 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Exterior Home Features Deck |
Pool Pool |
Parking & Garage GarageParking Spaces: 4Parking: Garage Attached |
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Units in Building: 1 |
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Lot Area: 1.25 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 31, 2006 Source: N/A | Sold | $1,864,000 |
Jul 29, 1999 Source: N/A | Sold | $1,297,500 |
Sep 18, 1998 Source: N/A | Sold | $466,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $30,992 | $1,587,462 |
Home facts updated by county records
Market trends in Lake Forest
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
94
9MoM
Around this home
What Locals Say about Lake Forest
At least 107 Trulia users voted on each feature.
93 % Say it's dog friendly
91 % Say parking is easy
86 % Say car is needed
84 % Say it's quiet
83 % Say there's holiday spirit
82 % Say people would walk alone at night
81 % Say yards are well-kept
79 % Say there are sidewalks
78 % Say there's wildlife
72 % Say kids play outside
65 % Say they plan to stay for at least 5 years
64 % Say neighbors are friendly
57 % Say streets are well-lit
54 % Say there are community events
50 % Say it's walkable to restaurants
50 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 185 Wallace Rd
- What is 185 Wallace Rd estimated to be worth?Trulia's estimated value for 185 Wallace Rd in Lake Forest, IL is $2,292,800.
- What is the price history for 185 Wallace Rd?185 Wallace Rd in Lake Forest, IL last sold for $1,864,000 in January 2006.
- Is Lake Forest a buyer's or seller's market?Lake Forest is currently a balanced market, based on recent for-sale activity.
- What do residents say about Lake Forest?Residents describe Lake Forest, IL as dog-friendly, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Lake Forest, IL.
- Does 185 Wallace Rd have air conditioning?Yes, 185 Wallace Rd in Lake Forest, IL has air conditioning.
- Does 185 Wallace Rd have a pool?Yes, 185 Wallace Rd in Lake Forest, IL has a pool.