493 E  Illinois Rd, Lake Forest, IL 60045
Property image
Property image
OFF MARKET

$1,999,500

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 4,170 sqft (on 0.61 acres)

493 E Illinois Rd, Lake Forest, IL 60045

Currently Off Market - Sold Apr 16, 2012 for $1,225,000

Home Value

Trulia Estimate
$2M
Since last month
Increased$51K (+2.6%)
Since last year
Increased$167K (+9.1%)
Since last sale
Increased$779K (+63.6%)
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 +58% in the last 10 years
MonthEstimated value
2026
August 2026$2M
August 2026$1.99M
July 2026$1.95M
June 2026$1.95M
May 2026$1.92M
April 2026$1.9M
March 2026$1.87M
February 2026$1.85M
January 2026$1.79M
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
0.16
Single-Family Home
$910,000
07/29/26
4
2.5
1,956
0.17
Single-Family Home
$1,650,000
05/04/26
5
4.5
5,032
0.31
Single-Family Home
$1,500,000
06/29/26
5
3
3,073
0.14
Single-Family Home
$2,062,500
09/24/25
6
5.5
4,920
0.13
Single-Family Home
$1,319,000
08/24/26
3
3.5
2,276
0.31
Single-Family Home
$1,400,000
08/21/26
5
3.5
3,293
0.25
Single-Family Home
$1,275,000
10/31/25
3
2.5
2,704
0.34
Single-Family Home
$2,100,000
08/17/26
5
5
4,775
0.43
Single-Family Home
$1,025,000
03/06/26
5
3.5
4,008
0.24
Single-Family Home
$2,475,000
04/20/26
6
4.5
4,036

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
$542,500
-
-
-
Recently Sold
0.09
$2,980,700
4
5.5
5,466
Off Market
0.12
$1,493,400
4
3.5
2,599
Off Market
0.13
$1,204,700
5
3.5
3,272
Off Market
0.13
$1,319,000
3
3.5
2,276
Recently Sold
0.13
$1,864,000
4
4
3,343
Off Market
0.14
$2,189,600
6
5.5
4,920
Off Market
0.15
$651,900
3
1
1,228
Off Market
0.17
$1,650,000
5
4.5
5,032
Recently Sold
0.17
$2,532,200
5
5.5
4,810
Off Market
0.16
$910,000
4
2.5
1,956
Recently Sold
0.18
$821,300
4
2.5
2,090
Off Market

Local Information

  • Map ViewExplore the area around 493 E Illinois Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1905
0.61 acre lot
4,170 sqft
$479/sqft
Garage

About this House

Turn of the century charm and the updates desired by today's buyers. This home offers so much. Lg eat in kitchen w fp overlooks wonderful fenced backyard. Oversized family rm addition perfect for lg group entertaining. Moldings trim, hdwd floors, arched doorways some of the features of yesteryear. Lovely formal lr, dr and den. Master suite is wonderful & 2nd and 3rd br w sep sitting rooms. Fanstastic in town location.
493 E Illinois Rd, Lake Forest, IL 60045 is a 4 bedroom, 3 bathroom, 4,170 sqft single-family home built in 1905. It last sold for $1,225,000 on Apr 16, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,999,500, with a rent estimate of $4,680/month.

Home Details for 493 E Illinois Rd

Interior Features

Interior Details
BasementNumber of Rooms: 9
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1905Year Updated: 1928
Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 0.61 acres

Price and Tax history

DateEventPrice
Apr 16, 2012
Source: MRED as distributed by MLS GRID #07974693
Sold
$1,225,000
Jan 15, 2012
Source: Agent Provided
Listed For Sale
$1,250,000
Oct 18, 2011
Source: Agent Provided
ListingRemoved
$1,390,000
Jun 21, 2011
Source: Agent Provided
PriceChange
$1,390,000
Price decreased by 7%
May 3, 2011
Source: Agent Provided
Listed For Sale
$1,490,000

Market trends in Lake Forest

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
85
18
MoM

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.
  • 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 itโ€™s very well kept. Great place!"
  • Pamgem62
    "Dog walkers are frequently on Green Bay but people without dogs are wary. Not everyone says โ€œHelloโ€ but feel safe on road. "
  • Ekmillerlaw
    "Iโ€™ve been in Lake Forest for over 30 years. Wonderful community, my kids got great educations, safe and beautifully cared for."
  • Bbalais
    "Iโ€™ve lived in this neighborhood for a year and itโ€™s been great. Close to the Metra so itโ€™s easy to get downtown. The people are friendly and itโ€™s a cute little town. I love the beach, the parks and the bike trail."
  • Jimmy
    "Its a really clean neighborhood. Itโ€™s a nice safe neighborhood to walk around but itโ€™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. .
    "Iโ€™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 itโ€™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."

LGBTQ Local Legal Protections

Frequently asked questions about 493 E Illinois Rd

  • What is 493 E Illinois Rd estimated to be worth?
    Trulia's estimated value for 493 E Illinois Rd in Lake Forest, IL is $1,999,500.
  • What is the price history for 493 E Illinois Rd?
    493 E Illinois Rd in Lake Forest, IL last sold for $1,225,000 in April 2012.
  • 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.
  • How big is the lot at 493 E Illinois Rd?
    The lot at 493 E Illinois Rd in Lake Forest, IL is about 0.62 acres (27,007 sq ft).
  • Does 493 E Illinois Rd have a garage?
    Yes, 493 E Illinois Rd in Lake Forest, IL has a garage.

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