542 E  Prospect Ave, Lake Bluff, IL 60044
SOLD
OCT 14, 2025

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

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $949,000Price Per Sqft: $203/sqft
Status Change & Dates
Off Market Date: Mon Sep 08 2025Possession Timing: Close Of Escrow

Location

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

Community

Community Features: Lake, Curbs, Sidewalks, Street Lights

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.31 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12431842Attribution Contact: (847) 987-5702Activation Date: Mon Aug 25 2025

Additional Information

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

DatePriceEventSource
10/14/2025$841,300Sold
MRED as distributed by MLS GRID #12431842
09/09/2025$949,000ContingentMRED as distributed by MLS GRID #12431842
08/25/2025$949,000Listed For SaleMRED as distributed by MLS GRID #12431842
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Property Tax and Assessment

Year2023
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.
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 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.
  • Yolanda.saenz83
    "The schools are great and the area is great for walking with plenty of trails. Lots of family events and restaurants downtown."
  • Uniiity_ Babii
    "It’s a great neighborhood no complaints here I love the greenery the neighbors seem friendly for the most part "
  • Karenluxbroker
    "Close to interstate to get to OHare airport quickly-and downtown transit! Lake bluff is perfect in every way! "
  • Yolanda.saenz83
    "There are plenty of parks to go to and the beach has a dog area! The neighborhood is very dog friendly………. Plenty of dog owners in the area."
  • Yolanda S.
    "It is rather quiet. But the neighborhood is nice. They have a few festivals out on the gazebo. The 4th of July parade is awesome!"
  • Yolanda S.
    "The neighborhood is nice environment for families. Lots of outdoor activity..........................."
  • Trulia User
    "Train station in Lake Bluff with easy 45 minutes commute into Chicago. easy access to many large company corporate office in Chicago north suburbs - Grainger, Abbott, Abbvie, Walgreens, Baxter"
  • April K.
    "Small town feel yet only 40 min drive to Chicago. Great school systems and very family oriented. I love living here and feel extremely safe. "
  • Esaud
    "I know my neighbors by name and we often gather for conversations and have group get togethers. It is on a private road, so all the neighbors take care of plowing, road maintenance. We also communicate through a private social media site. Everyone is very friendly. It is an unincorporated area which present challenges, but we present a solid front when working with the county."
  • don2020
    "I live in Lake Bluff-unincorporated. I feel very safe taking my dog for a walk, etc. neighbors are friendly, overall a great place to live. it is a quiet neighborhood without a lot of children. Property taxes are high."
  • Jalt575
    "Lake Bluff is a wonderful place to live and play. There is a vibrant small town with great restaurants, cute boutiques, a bike shop, library, and even it's own post office!! The Lake Bluff train station is conveniently located in town as well. School, parks, recreation center with swimming pool, a golf course are all within walking distance to town! The community has young families, many parents who grew up here and either came back or stayed to raise there own!! I love this town, it's like the Mayberry of the North Shore!!"
  • lindsayclee
    "I have lived here as a single mom and now married with three kids. This is an area for everyone. Quiet, safe and many growing families around."

LGBTQ Local Legal Protections

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

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Off Market Homes Near 542 E Prospect Ave

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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.