481 Elder Ln, Winnetka, IL 60093
Property image
Property image
OFF MARKET

481 Elder Ln
Winnetka, IL 60093

  • 3 Beds
  • 3 Baths
  • 1,865 sqft

$1,026,300

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $7,015/mo*

$1,026,300

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $7,015/mo*
3 Beds
3 Baths
1,865 sqft

Local Information

  • Map ViewExplore the area around 481 Elder Ln.
  • Schools2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1912
Living Area
1,865 sqft
Price/Sqft
$550
Parking
Garage

About this House

Immaculate home with lots of natural woodwork, hardwood floors and beautiful details. A welcoming foyer opens to the spacious formal living room with surrounding windows, built-in book shelves, two seating areas and fireplace. Entertain in the separate formal dining room. The renovated kitchen with newer stainless steel appliances and tons of cabinet space enjoys a great, eat-in breakfast table area that opens to the wonderful outdoor deck! Perfect for grilling! A cozy den and full bath complete the first floor. Second floor offers 3 ample sized bedrooms and nice white tiled bath. Bedroom two boasts a walk-in closet. A handy side door leads to the basement with laundry, full bath, office and storage. 2 car detached garage! Beautiful, landscaped fenced- in yard. FABULOUS LOCATION: Steps to train, town, New Trier, Greeley, playground, park and Lake Michigan!
481 Elder Ln, Winnetka, IL 60093 is a 3 bedroom, 3 bathroom, 1,865 sqft single-family home built in 1912. It last sold for $490,000 on May 31, 2013. More recently, it was listed as a rental in March 2020 with an asking price of $4,100 per month. That rental listing was removed on July 17, 2020. It is currently off market. The Trulia Estimate is $1,026,300, with a rent estimate of $4,174/month.

Home Details for 481 Elder Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: WallHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Number of Rooms: 6Types of Rooms: Dining Room
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: Stucco
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1912
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6600 sqft

Price History for 481 Elder Ln

DatePriceEventSource
07/17/2020$3,900ListingRemovedAgent Provided
06/16/2020$3,900PriceChange
Agent Provided
03/26/2020$4,100Listed For RentAgent Provided
06/17/2019$4,200ListingRemovedAgent Provided
04/29/2019$4,200Listed For RentAgent Provided
05/21/2017$3,900ListingRemovedAgent Provided
05/15/2017$3,900PriceChange
Agent Provided
04/20/2017$4,200Listed For RentAgent Provided
08/05/2015$3,900ListingRemovedAgent Provided
05/21/2015$3,900Listed For RentAgent Provided
07/04/2013$3,600ListingRemovedAgent Provided
06/28/2013$3,600Listed For RentAgent Provided
05/31/2013$490,000Sold
MRED as distributed by MLS GRID #08264861
03/20/2013$549,900Listed For SaleAgent Provided

Market trends in Winnetka

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.93M
Sale-to-List Price
—
Price per sq ft
$511
Available listings
34
8
MoM
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Property Tax and Assessment

Year2024
Tax$14,511
Assessment$693,930
Home facts updated by county records

Comparable Sales for 481 Elder Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Single-Family Home
$910,000
12/17/25
3
3
2,200
0.14
Single-Family Home
$1,500,000
01/15/26
3
2.5
3,128
0.11
Single-Family Home
$1,715,000
01/26/26
3
2.5
2,695
0.55
Single-Family Home
$837,500
07/24/26
3
2.5
1,850
0.28
Single-Family Home
$1,300,000
04/14/26
3
3
1,982
0.46
Single-Family Home
$1,210,000
01/22/26
3
3
2,114
0.18
Single-Family Home
$1,515,000
05/01/26
3
2.5
3,248
0.42
Single-Family Home
$800,000
10/14/25
3
1.5
2,571
0.48
Single-Family Home
$1,125,000
07/08/26
3
2.5
3,000
0.56
Single-Family Home
$1,203,000
05/20/26
3
3
1,817

Nearby homes

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Assigned Schools

These are the assigned schools for 481 Elder Ln.
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 Winnetka

At least 78 Trulia users voted on each feature.
  • 94 % Say people would walk alone at night

  • 90 % Say it's dog friendly

  • 88 % Say kids play outside

  • 88 % Say there's holiday spirit

  • 87 % Say there are sidewalks

  • 82 % Say yards are well-kept

  • 81 % Say it's walkable to restaurants

  • 80 % Say parking is easy

  • 78 % Say there's wildlife

  • 76 % Say it's quiet

  • 74 % Say car is needed

  • 72 % Say there are community events

  • 72 % Say it's walkable to grocery stores

  • 71 % Say they plan to stay for at least 5 years

  • 70 % Say neighbors are friendly

  • 66 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • DRD
    "Great schools and public works. Incredible beaches. Great fire and police systems. Amazing playing fields for kids’ sports. "
  • allisonbowersbrown
    "Park district, block parties, parades, fireworks. Neighborhood get together, school and church events. "
  • Jillian D.
    "I take the metra and walk to work. It’s easy and about as fast in the train to Chicago as it is in a car. Going west without a car is not as doable though. "
  • Acparacchini
    "Great dog beach, easy walk to town with coffee shops, restaurants, etc and bring the dog! 4th of July parade and everyone brings their dogs "
  • Phil L. .
    "Great parks, families and restaurants. Easy walk to restaurants , train, and interesting stores. Lots of people out walking, running or on bikes. "
  • Jillian D.
    "I take the train and walk. There are usually window seats available on the Metra when I leave winnetka at 7:21. "
  • Jillian D.
    "There are lots of green parks for doggos to play at! There’s also lil fountains where you can get water for people and dogs in the summer. "
  • Sarahvaile687
    "Winnetka music festival, summer music in the park...there are plenty of events hosted by the community."
  • Winnetka mom
    "I’ve lived here for 14 years and Winnetka is the most warm, welcoming neighborhood I’ve ever lived in!"
  • Benjamin J. D.
    "They would like it. It’s a great community with tons of parks. Move here! You won’t regret it. It’s like living in a Rockwell painting."
  • Mklein
    "Lived here for 22 years. Raised our family here. Would do it again given the chance. Great mix of people from different backgrounds and heritage. Only downfall is politically backwards and cannot get anything done in the village that’s required to stay current with infrastructure or lifestyle. "
  • Sbardoni29
    "Wonderful place to live. Gorgeous homes and great apartment living above shops and restaurants. So close to the lake and Metra runs right through city to downtown. "
  • Coveyandclay
    "family friendly and perfect for children! parks are wonderful and schools are best in country. park district facilities are top notch"
  • Coveyandclay
    "great parks and lots of kids playing there all the time. very family friendly. many kids events put on by park district also."
  • Erin K. C.
    "Very dog friendly. There is a great private dog beach that is well maintained with a dog wash and passholder only gate. All dogs are required to be well behaved and up to date on all shots. "
  • Acparacchini
    "Lived in Winnetka essentially since I was 9! Great place to raise a family. Beautiful homes, great town, great beaches, excellent schools, easy transportation to the city! "
  • Gabriel
    "Safe, quiet and architecturally nice. A great place to live and raise a family. Great schools and close to the lake. "
  • mtoyama60
    "Wonderful neighborhood close to lake and town and highly rated schools. Family community. Quiet residential street. Great investment."
  • Patty E.
    "I want to move here ,whith my kids."

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Frequently asked questions about 481 Elder Ln

  • What is 481 Elder Ln estimated to be worth?
    Trulia's estimated value for 481 Elder Ln in Winnetka, IL is $1,026,300.
  • What is the price history for 481 Elder Ln?
    481 Elder Ln in Winnetka, IL last sold for $490,000 in May 2013.
  • Is Winnetka a buyer's or seller's market?
    Winnetka is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Winnetka?
    The median sale price in Winnetka is $1.93M.
  • Does 481 Elder Ln have air conditioning?
    Yes, 481 Elder Ln in Winnetka, IL has air conditioning.
  • Does 481 Elder Ln have laundry facilities?
    Yes, 481 Elder Ln in Winnetka, IL has in-unit laundry.