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$475,000 Contingent
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Property Description
New Home Opportunity. Build your Dream Home Here** Live Where You Dream! ** Attention Builders** Seller willing to share previous Engineering reports* Report shows NO WETLAND** Potential for NEW Subdivision of 4 lots APPROVED BY Lake Forest** Lake Forest Prime Location available to Build New Single Family Homes. **ALL NEW Builds would be required to connect to City Water (Lake Michigan) and City Sanitary Sewer***Six acres situated on Saunders Road, adjacent to Conway Farms where large custom homes boast spacious yards. *Easy Access to 94 Expressway and Route 60**Close to Lake Michigan. Enjoy the Private Beach as a Lake Forrest Resident.**Lake Forest has a true Downtown Retail and Restaurant Experience** Top Rated Private and Public Schools. Lake Forest High School**TAXES REDUCED
Full Property Details
Full Property Details for 480 Saunders Rd
General
- Price: $475,000
- Taxes: $10,553 (2023)
- Status: Contingent
- Type: Lots/Land
- Source: MRED
- MLS ID: 12319941
- Updated: 4/21/2025
- Added to Site: 406 day(s) ago
Additional Information
- Other Features: School Bus Service
Location
- Area: Lake Forest
- County: Lake
- Township: Vernon
- Driving Directions: #60 East of 94 Exp. to Conway Farms Dr. South, West on Saunders to 480,
School Information
- School District: 67
- Elem School District: 67
- Midd School District: 67
- High School District: 115
- High School: Lake Forest High School
- Private School: Lake Forest High School
Utilities
- Water: Municipal Water
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Connected
Structural Information
- Square Feet: 6.07
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 6.07
- Lot Size (Sq. Ft.): 264,409
- Lot Size Range: 6.0 to 7.99 Acres
- Lot Dimensions: 601 x 719 x 350 x 772
- Frontage: City Street
- Frontage Feet: 601
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $10,553.38
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 15013000320000
Listed by Baird & Warner
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Schools
Schools serving 480 Saunders Rd
School Districts:Lake Forest School District 67, Lake Forest Community High School District 115
| Name | Grades | Distance |
|---|---|---|
Everett Elementary School, Lake Forest, IL 1111 Everett School Road, Lake Forest, IL 60045 | K-4 | 1.7 mi |
Deer Path Middle School East 95 West Deerpath Road, Lake Forest, IL 60045 | 5-6 | 2.8 mi |
Deer Path Middle School West 155 West Deerpath Road, Lake Forest, IL 60045 | 7-8 | 2.8 mi |
Lake Forest High School 1285 North McKinley Road, Lake Forest, IL 60045 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 480 Saunders Rd
Date
Details
Price
Change
Source
3/24/2025
Listed
$475,000
-13.64%
MLS
6/09/2015
Sold
$550,000
—
Public Record
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 480 Saunders Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,632
1%
$192,437
9%
2024
$10,553
5%
$176,123
6%
2023
$10,031
3%
$166,185
—
2022
$9,736
3%
$165,539
1%
2021
$9,497
4%
$163,754
—
2020
$9,161
-51%
$164,313
—
2019
$18,563
5%
$163,707
4%
2018
$17,691
3%
$157,699
2%
2017
$17,255
2%
$154,018
4%
2016
$16,875
-24%
$147,484
-38%
2015
$22,107
-6%
$236,228
—
2014
$23,614
2%
$236,228
-9%
2013
$23,241
—
$260,769
-3%
2012
$23,285
—
$269,281
—
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 480 Saunders Rd
480 Saunders Road, Lake Forest, IL 60045 (MLS# 12319941) is a Lots/Land property with a lot size of 6.07 acres. 480 Saunders Road is currently listed for $475,000 and was received on March 24, 2025. Want to learn more about 480 Saunders Road? Do you have questions about finding other Lots/Land real estate for sale in Lake Forest? You can browse all Lake Forest real estate or contact a Coldwell Banker agent to request more information.

