480 Saunders Rd, Lake Forest, IL 60045
Property image
Property image
SOLD
JUN 4, 2026

480 Saunders Rd
Lake Forest, IL 60045

    $475,000

    Last Sold: Jun 4, 2026
    Est. Refi. Payment $3,506/mo*

    $475,000

    Last Sold: Jun 4, 2026
    Est. Refi. Payment $3,506/mo*
    (on 6.07 acres)

    Local Information

    • Map ViewExplore the area around 480 Saunders Rd.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Description

    New Home Opportunity. Build your Dream Home Here** Live Where You Dream! ** Attention Builders** Seller willing to share previous Engineering reports* Report shows NO WETLAND** Potential for NEW Subdivision of 4 lots APPROVED BY Lake Forest** Lake Forest Prime Location available to Build New Single Family Homes. **ALL NEW Builds would be required to connect to City Water (Lake Michigan) and City Sanitary Sewer***Six acres situated on Saunders Road, adjacent to Conway Farms where large custom homes boast spacious yards. *Easy Access to 94 Expressway and Route 60**Close to Lake Michigan. Enjoy the Private Beach as a Lake Forrest Resident.**Lake Forest has a true Downtown Retail and Restaurant Experience** Top Rated Private and Public Schools. Lake Forest High School**TAXES REDUCED
    480 Saunders Rd, Lake Forest, IL 60045 is a lot/land. It last sold for the $475,000 asking price on Jun 4, 2026. It is currently off market. The Trulia Estimate rent is $3,601/month.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 480 Saunders Rd

    Active Status

    MLS Status: Closed

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Connected
    View
    No View

    Exterior Features

    Frontage
    Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront
    Farm & Range
    Frontage Length: 601

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    No Additional Parcels
    Property Information
    Parcel Number: 15013000320000

    Price & Status

    Price
    List Price: $475,000
    Status Change & Dates
    Off Market Date: Sat Apr 19 2025Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: Lake Forest
    School Information
    Elementary School District: 67Jr High / Middle School District: 67High School: Lake Forest High SchoolHigh School District: 115

    Lot Information

    Lot Area: 6.07 Acres

    Listing Info

    Special Conditions: None

    Offer

    Listing Terms: Other

    Business

    Business Information
    Ownership: Fee Simple

    Miscellaneous

    Mls Number: 12319941

    Additional Information

    Source Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: NoMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes
    Last check for updates: 37 minutes ago
    Listed by Terry Anderson, ABR,GRI,SRES, (847) 305-0628
    Baird & Warner
    Bought with: Non Member, NON MEMBER
    Source: MRED as distributed by MLS GRID, MLS#12319941

    Price History for 480 Saunders Rd

    DatePriceEventSource
    06/04/2026$475,000Sold
    MRED as distributed by MLS GRID #12319941
    05/20/2026$475,000ListingRemovedMRED as distributed by MLS GRID #12319941
    04/21/2025$475,000ContingentMRED as distributed by MLS GRID #12319941
    03/24/2025$475,000Listed For SaleMRED as distributed by MLS GRID #12319941
    03/24/2025$475,000ListingRemovedMRED as distributed by MLS GRID #12073197
    10/09/2024$475,000PriceChange
    MRED as distributed by MLS GRID #12073197
    06/04/2024$500,000Listed For SaleMRED as distributed by MLS GRID #12073197
    05/14/2024ListingRemovedMRED as distributed by MLS GRID #11736558
    07/07/2023$500,000PendingToActiveMRED as distributed by MLS GRID #11736558
    04/20/2023$500,000ContingentMRED as distributed by MLS GRID #11736558
    03/13/2023$500,000Listed For SaleMRED as distributed by MLS GRID #11736558
    02/28/2023ListingRemovedMRED as distributed by MLS GRID #10261287
    11/23/2021$800,000Listed For SaleMRED as distributed by MLS GRID #10261287
    02/11/2021ListingRemovedLocal MLS
    12/22/2020$200,000PriceChange
    Agent Provided
    09/08/2020$250,000PriceChange
    Agent Provided
    02/01/2019$1,200,000Listed For SaleAgent Provided
    12/23/2018$1,200,000ListingRemovedAgent Provided
    12/28/2017$1,200,000Listed For SaleAgent Provided
    06/29/2015$550,000Sold
    N/A
    02/06/2015$280,000Sold
    N/A
    06/05/2009$1,105,500ListingRemovedAgent Provided
    01/19/2009$672,000Sold
    MRED as distributed by MLS GRID #07039700
    05/12/2008$10,300Sold
    N/A
    04/14/2008$1,105,500Listed For SaleAgent Provided
    09/13/2006$2,100,000Sold
    N/A
    04/29/2005$1,500,000Sold
    N/A

    Market trends in Lake Forest

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $1.3M
    Sale-to-List Price
    99.2%
    Price per sq ft
    $377
    Available listings
    66
    2
    MoM
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    Property Tax and Assessment

    Year2024
    Tax$10,632
    Assessment$528,422
    Home facts updated by county records

    Comparable Sales for 480 Saunders Rd

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.11
    Lot/Land
    $490,000
    12/18/25
    -
    -
    0.15
    Lot/Land
    $450,000
    12/18/25
    -
    -
    0.77
    Lot/Land
    $646,000
    06/01/26
    -
    -
    1.26
    Lot/Land
    $500,000
    12/19/25
    -
    -
    1.52
    Lot/Land
    $295,000
    03/17/26
    -
    -
    1.65
    Lot/Land
    $350,000
    01/16/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 480 Saunders Rd.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Lake Forest

    At least 105 Trulia users voted on each feature.
    • 93 % Say it's dog friendly

    • 91 % Say parking is easy

    • 86 % Say car is needed

    • 83 % 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

    • 71 % Say kids play outside

    • 65 % Say they plan to stay for at least 5 years

    • 64 % Say neighbors are friendly

    • 56 % 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.
    • Clay Cannady
      "It is a wonderfully beautiful and safe place to raise kids. The schools are outstanding, the sense of community extraordinary and the access to nature and open specials unique."
    • Maribelgarcia1115
      "This neighborhood is absolutely beautiful. My neighbors are responsible for picking up after they walk their dogs. They are very conscious about it."
    • Cathtob
      "Lots of other dog owners and free poop bags provided in the parks. Plus, Openlands allows dogs off leash "
    • Clay Cannady
      "Dog owners are in the majority, they are generally respectful and the dogs are most welcome. There are few if any incidents, owners take responsibility, and outdoor access plays an important part."
    • Trulia User
      "Lots of dogs live here and everyone picks up after their animals and it’s very well kept. Great place!"
    • Pamgem62
      "Dog walkers are frequently on Green Bay but people without dogs are wary. Not everyone says “Hello” but feel safe on road. "
    • Ekmillerlaw
      "I’ve been in Lake Forest for over 30 years. Wonderful community, my kids got great educations, safe and beautifully cared for."
    • Bbalais
      "I’ve lived in this neighborhood for a year and it’s been great. Close to the Metra so it’s easy to get downtown. The people are friendly and it’s a cute little town. I love the beach, the parks and the bike trail."
    • Jimmy
      "Its a really clean neighborhood. It’s a nice safe neighborhood to walk around but it’s so expensive to live there."
    • Jk
      "My neighborhood in Lake Forest is very friendly, very quiet, lots of trees and grass and other green spaces."
    • Steve M. .
      "I’ve list in the neighborhood 26 years and walked the dogs every day, met many friendly people . The trees and landscaping in the area are beautiful "
    • Catherinemary924
      "Lake Forest is a dream town to live in. The schools and activities are excellent. The only downside is that one must have a lot of money to buy a home here, and children can be overly indulged. The town is beautiful and safe, but it does not have much diversity. Education and sports are top priorities."
    • Catherinemary924
      "Tree lighting in Market Square, Lake Forest Day, parade, flags line street for every holiday, music in the square, Bonfire and Bagpipes, many others."
    • Lydia C.
      "Lake Forest has open access to nature including the beach at Lake Michigan and Open Lands as well as Maureen trees."
    • Lakeforestmama
      "4th of July celebration, annual Christmas tree / downtown holiday lighting, beautiful lake front, quaint downtown and independent shops"
    • Steve M.
      "Everyone talks to the dog walkers. This help create a real neighborhood. Plus it’s good exercise for both the dog and the owner "
    • Steve M.
      "This is the most dog friendly neighborhood in our town. Neighbors stop and talk to us whenever we walk our dog "
    • Steve M.
      "20 makes minute drive to the small town where I have a store, a pleasant drive with winding streets , forests of trees and historic architecture "
    • Zma453
      "Not too many from outside the neighborhood come into the town. Retail surrounds the area keeping traffic out. "
    • Sogilmore
      "Lake front park, large lots, old growth tree lines streets , clean bucolic neighborhood, great schools "
    • Lydia C.
      "The abundance of beautiful trees and the close proximity to Lake Michigan make Lake Forest a special place to call home."

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    Homes for sale near 480 Saunders Rd

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    Off Market Homes Near 480 Saunders Rd

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    Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information