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$395,000 Contingent
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Property Description
This three-bedroom, two-bath split-level home is the perfect project for investors or those looking to customize their dream home! With a spacious and open layout, this home offers endless potential to remodel and make it your own. The main level features an open living and dining room with a charming brick fireplace and a spacious kitchen awaiting your design vision. Upstairs, you'll find three large bedrooms and a full bath. The finished lower level includes a large rec room, a full bath, laundry hookups, and extra storage space. Step outside to the huge fenced yard, ideal for outdoor activities and entertaining. Located just minutes from downtown Lake Bluff, you'll enjoy easy access to shops, dining, parks, and more. Sold as-is, this property is ready for a full gut and remodel-perfect for turning your renovation dreams into reality. Don't miss this incredible opportunity in a highly desirable location!
Full Property Details
Full Property Details for 505 Lincoln Ave
General
- Price: $395,000
- Taxes: $10,258 (2023)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12521739
- Updated: 1/3/2026
- Added to Site: 58 day(s) ago
Rental Information
- Complex Features: Park, Curbs, Street Lights, Street Paved
Interior
- Basement: None
- Interior Features: Cathedral Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood-Burning, Attached Fireplace Doors/Screen
- Appliances: Range, Oven
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: School Bus Service, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete, No Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: Lake Bluff
- County: Lake
- Township: Shields
- Driving Directions: 176 to Green Bay Road South to Sheridan Place East to Lincoln North to House
School Information
- School District: 65
- Elem School District: 65
- Midd School District: 65
- High School District: 115
- Elementary School: Lake Bluff Elementary School
- Middle School: Lake Bluff Middle School
- High School: Lake Forest High School
- Private School: Lake Forest High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiant, Radiant Floor
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Roof: Asphalt
- Windows: Screens
- Sub-Flooring: Hardwood
- Square Feet: 1,910
- Sq. Ft. Source: Assessor
- Year Built: 1955
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.28
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 76 x 164 x 76 x 164
- Fence: Yes
- Lot Features: Landscaped
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1955
- Tax Amount: $10,258.04
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 12202190030000
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Schools
Schools serving 505 Lincoln Ave
School Districts:Lake Bluff Elementary School District 65, Lake Forest Community High School District 115
| Name | Grades | Distance |
|---|---|---|
Lake Bluff Elementary School, Lake Bluff, IL 350 West Washington Avenue, Lake Bluff, IL 60044 | K-5 | 0.5 mi |
Lake Bluff Middle School 31 East Sheridan Place, Lake Bluff, IL 60044 | 6-8 | 0.4 mi |
Lake Forest High School 1285 North McKinley Road, Lake Forest, IL 60045 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Lincoln Ave
Date
Details
Price
Change
Source
12/16/2025
Price Reduced
$395,000
-9.4%
MLS
11/20/2025
Listed
$436,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 Lincoln Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,258
11%
$170,078
8%
2023
$9,213
4%
$156,783
11%
2022
$8,886
-1%
$141,231
1%
2021
$8,963
4%
$140,013
-3%
2020
$8,639
—
$144,771
2%
2019
$8,639
2%
$142,114
—
2018
$8,456
2%
$141,746
2%
2017
$8,306
4%
$139,377
5%
2016
$7,980
1%
$132,665
6%
2015
$7,881
13%
$124,920
—
2014
$6,973
3%
$124,920
15%
2013
$6,795
5%
$109,014
-4%
2012
$6,463
—
$114,091
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Lincoln Ave
505 Lincoln Avenue, Lake Bluff, IL 60044 (MLS# 12521739) is a Single Family property with 3 bedrooms and 2 full bathrooms. 505 Lincoln Avenue is currently listed for $395,000 and was received on November 20, 2025. Want to learn more about 505 Lincoln Avenue? Do you have questions about finding other Single Family real estate for sale in Lake Bluff? You can browse all Lake Bluff real estate or contact a Coldwell Banker agent to request more information.

