550 Spruce Ave, Lake Forest, IL 60045
OFF MARKET

$3,012,300

Trulia Estimate
  • 5 Beds
  • 5.5 Baths
  • 4,015 sqft (on 1.18 acres)

550 Spruce Ave, Lake Forest, IL 60045

Est. Refi. Payment $22,152/mo*
Refinance Your Home
Currently Off Market - Sold Sep 14, 2017 for $1,800,000

Home Value

Trulia Estimate
$3.01M
Since last month
Increased$16K (+0.5%)
Since last year
Increased$63K (+2.1%)
Since last sale
Increased$1M (+67.7%)
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 +57% in the last 10 years
MonthEstimated value
2026
August 2026$3.02M
July 2026$3M
June 2026$2.98M
May 2026$2.98M
January 2026$2.92M
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
595 Crab Tree Ln, Lake Forest, IL
0.21
Single-Family Home
$1,675,000
10/08/25
5
5.5
5,084
1489 N Sheridan Rd, Lake Forest, IL
0.16
Single-Family Home
$1,499,000
04/06/26
5
3.5
3,300
1284 N Sheridan Rd, Lake Forest, IL
0.28
Single-Family Home
$2,500,000
03/18/26
6
5
6,200
346 Crescent Dr, Lake Bluff, IL
0.48
Single-Family Home
$1,360,500
07/23/26
4
3.5
4,189
131 Moffett Rd, Lake Bluff, IL
0.41
Single-Family Home
$3,000,000
12/18/25
4
4
6,072
508 Forest Cove Rd, Lake Bluff, IL
0.58
Single-Family Home
$1,700,000
01/22/26
4
6
3,165
331 E Witchwood Ln, Lake Bluff, IL
0.57
Single-Family Home
$2,100,000
06/04/26
6
5.5
5,974
49 Green Bay Rd, Lake Bluff, IL
0.97
Single-Family Home
$1,725,000
03/20/26
5
5.5
4,726
420 Ravine Park Dr, Lake Forest, IL
0.26
Single-Family Home
$1,200,000
08/05/26
3
2.5
2,966
950 Woodbine Pl, Lake Forest, IL
0.67
Single-Family Home
$4,500,000
10/27/25
5
6
4,815

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
569 E Spruce Ave, Lake Forest, IL 60045
0.06
$2,623,200
4
5.5
-
Off Market
555 E Spruce Ave, Lake Forest, IL 60045
0.06
$2,231,800
5
4.5
5,900
Off Market
1360 Elm Tree Rd, Lake Forest, IL 60045
0.10
$3,581,300
5
6
5,748
Off Market
630 Spruce Ave, Lake Forest, IL 60045
0.08
$3,177,400
6
7
6,199
Off Market
1320 Elm Tree Rd, Lake Forest, IL 60045
0.14
$3,602,300
5
7
5,322
Off Market
1300 Elm Tree Rd, Lake Forest, IL 60045
0.17
$2,332,100
3
3
2,860
Off Market
1460 Lake Rd, Lake Forest, IL 60045
0.16
$5,881,200
7
8.5
13,360
Off Market
1490 Lake Rd, Lake Forest, IL 60045
0.15
$5,850,000
6
7.5
13,975
For Sale
1489 N Sheridan Rd, Lake Forest, IL 60045
0.16
$1,499,000
5
3.5
3,300
Recently Sold
595 Crab Tree Ln, Lake Forest, IL 60045
0.21
$1,774,700
5
5.5
5,084
Off Market
1470 N Sheridan Rd, Lake Forest, IL 60045
0.19
$1,854,600
5
4.5
6,365
Off Market
395 Spruce Ave, Lake Forest, IL 60045
0.22
$1,703,000
4
3.5
3,263
Off Market

Local Information

  • Map ViewExplore the area around 550 Spruce Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1969
Lot Size
1.18 acres
Living Area
4,015 sqft
Price/Sqft
$750
Parking
Garage

About this House

This single-family home is located at 550 Spruce Ave, Lake Forest, IL. 550 Spruce Ave is in Lake Forest, IL and in ZIP code 60045. This property has 5 bedrooms, 6 bathrooms and approximately 4,015 sqft of floor space. This property has a lot size of 1.18 acres and was built in 1969.
550 Spruce Ave, Lake Forest, IL 60045 is a 5 bedroom, 6 bathroom, 4,015 sqft single-family home built in 1969. It last sold for $1,800,000 on Sep 14, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $3,012,300, with a rent estimate of $7,942/month.

Home Details for 550 Spruce Ave

Interior Features

Interior Details
BasementTypes of Rooms: Dining Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Hardwood
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: Brick
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1969Year Updated: 2006
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1.18 acres

Price and Tax history

DateEventPrice
Sep 14, 2017
Source: MRED as distributed by MLS GRID #09680387
Sold
$1,800,000
Aug 5, 2017
Source: Agent Provided
Pending
$1,975,000
Jul 6, 2017
Source: Agent Provided
Listed For Sale
$1,975,000
Jun 10, 2010
Source: MRED as distributed by MLS GRID #07450313
Sold
$2,190,000
Jun 11, 2009
Source: Agent Provided
ListingRemoved
$2,695,000

Market trends in Lake Forest

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

Around this home

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."
    0
    Flag
  • Maribelgarcia1115
    "This neighborhood is absolutely beautiful. My neighbors are responsible for picking up after they walk their dogs. They are very conscious about it."
    0
    Flag
  • Cathtob
    "Lots of other dog owners and free poop bags provided in the parks. Plus, Openlands allows dogs off leash "
    0
    Flag
  • 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."
    0
    Flag
  • Trulia User
    "Lots of dogs live here and everyone picks up after their animals and it’s very well kept. Great place!"
    1
    Flag
  • Pamgem62
    "Dog walkers are frequently on Green Bay but people without dogs are wary. Not everyone says “Hello” but feel safe on road. "
    0
    Flag
  • Ekmillerlaw
    "I’ve been in Lake Forest for over 30 years. Wonderful community, my kids got great educations, safe and beautifully cared for."
    0
    Flag
  • 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."
    4
    Flag
  • Jimmy
    "Its a really clean neighborhood. It’s a nice safe neighborhood to walk around but it’s so expensive to live there."
    3
    Flag
  • Jk
    "My neighborhood in Lake Forest is very friendly, very quiet, lots of trees and grass and other green spaces."
    2
    Flag
  • 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 "
    1
    Flag
  • 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."
    9
    Flag
  • 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."
    1
    Flag
  • Lydia C.
    "Lake Forest has open access to nature including the beach at Lake Michigan and Open Lands as well as Maureen trees."
    0
    Flag
  • Lakeforestmama
    "4th of July celebration, annual Christmas tree / downtown holiday lighting, beautiful lake front, quaint downtown and independent shops"
    0
    Flag
  • 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 "
    0
    Flag
  • Steve M.
    "This is the most dog friendly neighborhood in our town. Neighbors stop and talk to us whenever we walk our dog "
    0
    Flag
  • 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 "
    0
    Flag
  • Zma453
    "Not too many from outside the neighborhood come into the town. Retail surrounds the area keeping traffic out. "
    1
    Flag
  • Sogilmore
    "Lake front park, large lots, old growth tree lines streets , clean bucolic neighborhood, great schools "
    0
    Flag
  • Lydia C.
    "The abundance of beautiful trees and the close proximity to Lake Michigan make Lake Forest a special place to call home."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 550 Spruce Ave

  • What is 550 Spruce Ave estimated to be worth?
    Trulia's estimated value for 550 Spruce Ave in Lake Forest, IL is $3,012,300.
  • What is the price history for 550 Spruce Ave?
    550 Spruce Ave in Lake Forest, IL last sold for $1,800,000 in September 2017.
  • 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.
  • Does 550 Spruce Ave have air conditioning?
    Yes, 550 Spruce Ave in Lake Forest, IL has air conditioning.
  • Does 550 Spruce Ave have laundry facilities?
    Yes, 550 Spruce Ave in Lake Forest, IL has in-unit laundry.

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