542 E Prospect Ave
Lake Bluff, IL 60044
- 7 Beds
- 5.5 Baths
- 4,142 sqft (on 0.31 acres)
$841,300
Last Sold: Oct 14, 2025
11% below list $949K
$203/sqft
Est. Refi. Payment $5,994/mo*
$841,300
Last Sold: Oct 14, 2025
11% below list $949K
$203/sqft
Est. Refi. Payment $5,994/mo*
7 Beds
5.5 Baths
4,142 sqft
(on 0.31 acres)
Homes for sale near 542 E Prospect Ave
Apartments for Rent
Local Information
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Description
Sold "as-is" and awaiting vision, this East Lake Bluff home offer tremendous upside potential. Nestled on a generous lot steps from the lake, trails, and historic downtown, this property is ideal for a full renovation or a new build opportunity in one of the North Shore's most coveted neighborhoods. Floor Area Ratio (FAR) (based on 12,400 square foot lot) is 4280 square feet with a maximum build height of 34 feet. 2023 Taxes are $22,811.28 with no exemptions.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 15, 2025
Home Highlights
Parking
2 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$203/sqft
Listed
180+ days ago
Home Details for 542 E Prospect Ave
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MLS Status: Closed |
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Interior Details Basement: Partially Finished,FullNumber of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 7, Dining Room, Family Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 7Number of Bathrooms (full): 4Number of Bathrooms (half): 3 |
Dimensions and Layout Living Area: 4142 Square Feet |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Wood Burning, Living RoomHas a FireplaceNo Spa |
Levels, Entrance, & Accessibility Stories: 2Accessibility: No Disability Access |
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Exterior Home Features Roof: AsphaltPatio / Porch: PatioExterior: BalconyFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Gravel,No Garage,On Site,Garage Owned,Attached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: BrickNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 12212190160000 |
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Price List Price: $949,000Price Per Sqft: $203/sqft |
Status Change & Dates Off Market Date: Mon Sep 08 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Lake Bluff |
School Information Elementary School: Lake Bluff Elementary SchoolElementary School District: 65Jr High / Middle School: Lake Bluff Middle SchoolJr High / Middle School District: 65High School: Lake Forest High SchoolHigh School District: 115 |
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Community Features: Lake, Curbs, Sidewalks, Street Lights |
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HOA Fee Includes: None |
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Lot Area: 0.31 acres |
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Special Conditions: None |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12431842Attribution Contact: (847) 987-5702Activation Date: Mon Aug 25 2025 |
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LakeCurbsSidewalksStreet LightsMRD SHARE WITH CLIENTS: Yes |
Last check for updates: about 13 hours ago
Listed by Kimberly Shortsle, (847) 987-5702
Jameson Sotheby's International Realty
Carleigh Mia Goldsberry, (224) 558-1993
Jameson Sotheby's International Realty
Bought with: Maksym Haruk, (773) 691-7614, KOMAR
Source: MRED as distributed by MLS GRID, MLS#12431842

Price History for 542 E Prospect Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 10/14/2025 | $841,300 | Sold | MRED as distributed by MLS GRID #12431842 |
| 09/09/2025 | $949,000 | Contingent | MRED as distributed by MLS GRID #12431842 |
| 08/25/2025 | $949,000 | Listed For Sale | MRED as distributed by MLS GRID #12431842 |
Property Tax and Assessment
| Year | 2023 |
|---|---|
| Tax | $22,811 |
| Assessment | $987,297 |
Home facts updated by county records
Comparable Sales for 542 E Prospect Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $1,753,000 | 07/07/25 | 5 | 5.5 | 3,878 | |
0.04 | Single-Family Home | $1,475,000 | 08/11/25 | 4 | 3.5 | 3,345 | |
0.29 | Single-Family Home | $1,700,000 | 06/20/25 | 5 | 4.5 | 3,305 | |
0.25 | Single-Family Home | $1,115,000 | 08/22/25 | 4 | 2.5 | 3,932 | |
0.41 | Single-Family Home | $1,749,000 | 02/24/26 | 5 | 4.5 | 3,712 | |
0.38 | Single-Family Home | $2,220,000 | 04/30/26 | 6 | 4.5 | 5,220 | |
0.22 | Single-Family Home | $1,857,500 | 12/31/25 | 4 | 4 | 4,731 |
Assigned Schools
These are the assigned schools for 542 E Prospect Ave.
What Locals Say about Lake Bluff
At least 54 Trulia users voted on each feature.
98 % Say it's dog friendly
88 % Say people would walk alone at night
86 % Say there's holiday spirit
85 % Say it's quiet
85 % Say car is needed
81 % Say it's walkable to restaurants
80 % Say yards are well-kept
79 % Say kids play outside
76 % Say parking is easy
67 % Say there are sidewalks
61 % Say there are community events
58 % Say they plan to stay for at least 5 years
58 % Say neighbors are friendly
57 % Say there's wildlife
53 % Say streets are well-lit
40 % Say it's walkable to grocery stores
Learn more about our methodology.
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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
Homes for rent near 542 E Prospect Ave
Off Market Homes Near 542 E Prospect Ave
Explore by feature
542 E Prospect Ave, Lake Bluff, IL 60044 is a 7 bedroom, 7 bathroom, 4,142 sqft single-family home built in 1955. This property is not currently available for sale. 542 E Prospect Ave was last sold on Oct 14, 2025 for $841,300 (11% lower than the asking price of $949,000). The current Trulia Estimate for 542 E Prospect Ave is $1,671,200.

