551 E Prospect Ave, Lake Bluff, IL 60044
Property image
Property image
OFF MARKET

551 E Prospect Ave
Lake Bluff, IL 60044

  • Studio
  • 3 Baths
  • 2,660 sqft

$1,042,000

Trulia Estimate
as of Aug 13, 2026

$1,042,000

Trulia Estimate
as of Aug 13, 2026
Studio
3 Baths
2,660 sqft

Home Value

Trulia Estimate
$1.04M
Since last month
Decreased$47K (-4.3%)
Since last year
Increased$800 (+0.1%)
Since last sale
Increased$207K (+24.8%)
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 +55% in the last 10 years
MonthEstimated value
2026
August 2026$1.04M
July 2026$1.07M
June 2026$1.09M
May 2026$1.08M
April 2026$1.08M
March 2026$1.05M
February 2026$1.01M
January 2026$992K
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
604 Ravine Ave, Lake Bluff, IL
0.06
Single-Family Home
$1,095,000
04/08/26
3
2.5
2,776
502 E Scranton Ave, Lake Bluff, IL
0.21
Single-Family Home
$1,110,000
07/21/26
4
3
2,424
223 Sylvan Rd, Lake Bluff, IL
0.37
Single-Family Home
$1,025,000
01/12/26
3
2.5
2,464
333 Simpson St, Lake Bluff, IL
0.11
Single-Family Home
$1,750,000
05/22/26
4
3.5
2,919
321 Newman Ct, Lake Bluff, IL
0.31
Single-Family Home
$627,000
03/06/26
5
3
2,511
542 E Prospect Ave, Lake Bluff, IL
0.06
Single-Family Home
$841,300
10/14/25
7
5.5
4,142
713 E Center Ave, Lake Bluff, IL
0.14
Single-Family Home
$1,320,000
04/06/26
4
3
2,079
317 E Center Ave, Lake Bluff, IL
0.29
Single-Family Home
$1,115,000
08/22/25
4
2.5
3,932
625 E Center Ave, Lake Bluff, IL
0.10
Single-Family Home
$1,575,000
07/08/26
5
3.5
4,000
207 E Prospect Ave, Lake Bluff, IL
0.44
Single-Family Home
$1,099,000
03/18/26
3
2,637

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
600 Ravine Ave, Lake Bluff, IL 60044
0.04
$1,986,300
4
3.5
3,582
Off Market
611 E Prospect Ave, Lake Bluff, IL 60044
0.03
$1,003,600
4
2
2,325
Off Market
621 E Prospect Ave, Lake Bluff, IL 60044
0.06
$1,864,100
5
5.5
3,878
Off Market
542 E Prospect Ave, Lake Bluff, IL 60044
0.06
$841,300
7
5.5
4,142
Recently Sold
701 Park Pl, Lake Bluff, IL 60044
0.10
$2,728,800
4
4.5
4,263
Off Market
333 Simpson St, Lake Bluff, IL 60044
0.11
$1,750,000
4
3.5
2,919
Recently Sold
601 E Center Ave, Lake Bluff, IL 60044
0.08
$1,702,000
4
3.5
3,345
Off Market
625 E Center Ave, Lake Bluff, IL 60044
0.10
$1,575,000
5
3.5
4,000
Recently Sold
546 Lakeland Dr, Lake Bluff, IL 60044
0.14
$3,100,000
5
7.5
7,418
Recently Sold
713 E Center Ave, Lake Bluff, IL 60044
0.14
$1,320,000
4
3
2,079
Recently Sold
717 E Center Ave, Lake Bluff, IL 60044
0.15
$969,100
4
2
1,870
Off Market
530 E Center Ave, Lake Bluff, IL 60044
0.13
$1,509,500
4
2.5
2,914
Off Market

Local Information

  • Map ViewExplore the area around 551 E Prospect Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1925
Living Area
2,660 sqft
Price/Sqft
$392
Parking
Garage

About this House

This single-family home is located at 551 E Prospect Ave, Lake Bluff, IL. 551 E Prospect Ave is in Lake Bluff, IL and in ZIP code 60044. This property has 3 bathrooms and approximately 2,660 sqft of floor space. This property has a lot size of 10677 sqft and was built in 1925.
551 E Prospect Ave, Lake Bluff, IL 60044 is a studio, 3 bathroom, 2,660 sqft single-family home built in 1925. It last sold for $835,000 on Apr 6, 2022. It is currently off market. The Trulia Estimate is $1,042,000, with a rent estimate of $6,239/month.

Home Details for 551 E Prospect Ave

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 1.75
Heating & Cooling
Cooling System: Central
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1925Year Updated: 1938
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: 1650 sqft

Price and Tax history

DateEventPrice
Apr 6, 2022
Source: MRED as distributed by MLS GRID #11237538
Sold
$835,000

Market trends in Lake Bluff

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
33
3MoM
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Around this home

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

Sourced by Trulia users. 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."
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  • Uniiity_ Babii
    "It’s a great neighborhood no complaints here I love the greenery the neighbors seem friendly for the most part "
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  • Karenluxbroker
    "Close to interstate to get to OHare airport quickly-and downtown transit! Lake bluff is perfect in every way! "
    0
    Flag
  • 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."
    0
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  • 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!"
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  • Yolanda S.
    "The neighborhood is nice environment for families. Lots of outdoor activity..........................."
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  • 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"
    1
    Flag
  • 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. "
    0
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  • 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."
    1
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  • 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."
    0
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  • 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!!"
    0
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  • 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."
    1
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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 551 E Prospect Ave

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Off Market Homes Near 551 E Prospect Ave

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Frequently asked questions about 551 E Prospect Ave

  • What is 551 E Prospect Ave estimated to be worth?
    Trulia's estimated value for 551 E Prospect Ave in Lake Bluff, IL is $1,042,000.
  • What is the price history for 551 E Prospect Ave?
    551 E Prospect Ave in Lake Bluff, IL last sold for $835,000 in April 2022.
  • Is Lake Bluff a buyer's or seller's market?
    Lake Bluff is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Lake Bluff?
    Residents describe Lake Bluff, IL as dog-friendly, quiet, and walkable to restaurants. See recently sold homes in Lake Bluff, IL.
  • Does 551 E Prospect Ave have air conditioning?
    Yes, 551 E Prospect Ave in Lake Bluff, IL has air conditioning.
  • How big is the lot at 551 E Prospect Ave?
    The lot at 551 E Prospect Ave in Lake Bluff, IL is about 0.25 acres (10,677 sq ft).