873 Summit Ave, Lake Forest, IL 60045
Property image
Property image
SOLD
NOV 14, 2025

$1,463,700

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,948 sqft

873 Summit Ave, Lake Forest, IL 60045

Est. Refi. Payment $10,888/mo*
Refinance Your Home
Currently Off Market - Sold Nov 14, 2025 for $1,220,000 (8% below list price)

Home Value

Trulia Estimate
$1.46M
Since last month
Decreased$19K (-1.2%)
Since last year
Increased$207K (+16.4%)
Since last sale
Increased$248K (+20.3%)
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 +105% in the last 10 years
MonthEstimated value
2026
August 2026$1.47M
August 2026$1.46M
July 2026$1.49M
June 2026$1.53M
May 2026$1.5M
April 2026$1.46M
March 2026$1.27M
February 2026$1.27M
January 2026$1.26M
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
0.03
Single-Family Home
$990,000
12/12/25
4
2
2,553
0.09
Single-Family Home
$1,675,000
03/02/26
4
3.5
2,502
0.15
Single-Family Home
$1,600,000
08/21/26
5
4.5
2,854
0.06
Single-Family Home
$650,000
12/15/25
3
2
1,856
0.15
Single-Family Home
$2,700,000
07/16/26
4
4.5
3,110
0.21
Single-Family Home
$2,075,000
12/01/25
4
4.5
3,900
0.30
Single-Family Home
$1,100,000
12/15/25
4
3.5
2,468
0.44
Single-Family Home
$1,025,000
03/06/26
5
3.5
4,008
0.54
Single-Family Home
$1,500,000
06/29/26
5
3
3,073

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
0.02
$1,589,300
4
3.5
2,550
Off Market
0.05
$1,591,800
5
4.5
2,700
Off Market
0.06
$650,000
3
2
1,856
Recently Sold
0.09
$1,675,000
4
3.5
2,502
Recently Sold
0.03
$1,469,600
4
3.5
2,873
Off Market
0.03
$990,000
4
2
2,553
Recently Sold
0.10
$617,900
2
2
1,914
Off Market
0.04
$1,055,000
5
3
2,320
Off Market
0.11
$936,500
4
2.5
1,864
Off Market
0.08
$1,292,600
4
2.5
2,400
Off Market
0.11
$1,112,100
5
4.5
4,235
Off Market

Local Information

  • Map ViewExplore the area around 873 Summit Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1923
2,948 sqft
$414/sqft
Garage

About this House

This impeccably maintained and beautifully updated classic Lake Forest residence is a must-see featuring a view from the front porch that overlooks one of the city's prized possessions, West Park. New tennis courts, vast open fields, a baseball diamond, and an ice-skating rink in the winter are all "just across the street" from this truly exceptional property. This lovely home offers a center entrance foyer with French doors opening to a formal dining room on one side and another set of French doors opening to a living room with brick fireplace and built-ins on the other. A third set of French doors takes you from the living room to the adjacent study. Off the study is a huge family room overlooking a gorgeous brick patio and beautifully landscaped back yard. The updated kitchen features cherry cabinetry, granite counter tops, stainless steel appliances, and a breakfast bar. There's a dining area as well where the kitchen transitions into the family room. Note, too, the centrally located main-floor powder room. The second story features 4 bedrooms with 2 updated bathrooms. Beautiful hardwood floors are featured in all primary living areas on both the first and second floors. Newer thermo-pane windows are to be found throughout the first and second floor as well. For additional space, there's a fabulous, finished basement with 2 large independent rec rooms as well as a second half bathroom. Located just a short walk to Market Square and the commuter train. A beautiful property in one of Lake Forest's most sought-after locations. Truly an exceptional find.
873 Summit Ave, Lake Forest, IL 60045 is a 4 bedroom, 4 bathroom, 2,948 sqft single-family home built in 1923. It last sold for $1,220,000 on Nov 14, 2025 (8% below the $1,325,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,463,700, with a rent estimate of $5,944/month.
Last check for updates: about 23 hours ago
Listed by William Castle, (847) 234-2500
Berkshire Hathaway HomeServices Chicago
Bought with: Marina Carney, (847) 274-5566, Compass
Source: MRED as distributed by MLS GRID, MLS#12396732

Home Details for 873 Summit Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Finished,PartialNumber of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Family Room Down, Foyer, Kitchen, Laundry, Living Room, Recreation Room, Study
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 2948 Square Feet
Appliances & Utilities
Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)DishwasherDisposalDryerRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living RoomHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability AccessFloors: Hardwood
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Porch, PatioOther Structures: Garage(s)Exterior: Outdoor GrillFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Garage Door Opener,Yes,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Brick, StuccoNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 12283110070000

Price & Status

Price
List Price: $1,325,000Price Per Sqft: $414/sqft
Status Change & Dates
Off Market Date: Sun Jul 20 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: Lake Forest
School Information
Elementary School: Sheridan Elementary SchoolElementary School District: 67Jr High / Middle School: Deer Path Middle SchoolJr High / Middle School District: 67High School: Lake Forest High SchoolHigh School District: 115

Agent Information

Buyer Agent
Buyer Company Name: Marina & Andy

Community

Community Features: Park, Tennis Court(s), Sidewalks, Street Lights, Street Paved

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 6969.6 sqft

Listing Info

Special Conditions: List Broker Must Accompany

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12396732

Additional Information

ParkTennis Court(s)SidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Nov 14, 2025
Source: MRED as distributed by MLS GRID #12396732
Sold
$1,220,000
Aug 14, 2025
Source: MRED as distributed by MLS GRID #12396732
Pending
$1,325,000
Jul 21, 2025
Source: MRED as distributed by MLS GRID #12396732
Contingent
$1,325,000
Jun 18, 2025
Source: MRED as distributed by MLS GRID #12396732
Listed For Sale
$1,325,000
Nov 1, 2005
Source: N/A
Sold
$861,000

Market trends in Lake Forest

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
94
9
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

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

Frequently asked questions about 873 Summit Ave

  • What is 873 Summit Ave estimated to be worth?
    Trulia's estimated value for 873 Summit Ave in Lake Forest, IL is $1,463,700.
  • What is the price history for 873 Summit Ave?
    873 Summit Ave in Lake Forest, IL last sold for $1,220,000 in November 2025.
  • 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 873 Summit Ave have air conditioning?
    Yes, 873 Summit Ave in Lake Forest, IL has air conditioning.
  • Does 873 Summit Ave have laundry facilities?
    Yes, 873 Summit Ave in Lake Forest, IL has in-unit laundry.

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