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$1,499,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 2,088 Sq. Ft.
  • 2 Car Garage
  • Updated 3 days ago
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Experience effortless, elevated living in this beautifully renovated (2026) condo, set within an intimate boutique building in the heart of Lake Forest. A gracious foyer welcomes you into a home defined by refined finishes and timeless style. The living room makes a striking first impression, featuring a newly designed fireplace with luxurious Philip Jeffries silk wall coverings and striking designer lighting. Oversized windows fill the space with natural light, creating a warm, inviting atmosphere. The adjoining dining room is equally impressive, centered around a statement chandelier and enhanced by a custom built-in and a beverage fridge - perfect for entertaining. The kitchen blends style and function with crisp white cabinetry, a walnut butcher block counter, and smart storage throughout. Just beyond, a newly finished library offers a quiet retreat with custom built-ins and signature Philip Jeffries wall coverings - ideal as an office, den, or a 3rd bedroom. The primary suite is a private sanctuary, featuring a new spa-inspired bath with a double vanity, a zero-threshold walk-in shower with low-iron glass, and custom designed closets. A statement chandelier adds an elegant finishing touch, creating a tranquil haven. The guest bedroom, filled with natural light from its south and east exposures, is equally inviting, with a fully renovated second bath just steps away. Extensive upgrades include designer lighting throughout, custom built-ins, high-end carpeting, and refinished hardwood floors. Additional highlights include newly installed California Closets, Hartman & Forbes automated blinds in all windows, a Sonos sound system, three OLED 4K TVs, a remote-controlled fireplace, and reverse osmosis drinking water. Complete with two parking spaces in a heated garage, ample guest parking, elevator access, and a secure intercom, this home offers a rare combination of luxury, comfort, and convenience, truly move-in ready in an exceptional Lake Forest location.

Full Property Details for 485 Oakwood Ave #D-2

General

  • Price: $1,499,000
  • HOA FEE: $988/month
  • Taxes: $23,256 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12595028
  • Updated: 3/20/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: None
  • Interior Features: Dry Bar, Elevator, Storage, Built-in Features
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Gas Log, Gas Starter
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Humidifier
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Separate Shower

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Storage, Security Door Lock(s)
  • Equipment: Security System, Intercom, Fire Sprinklers, Carbon Monoxide Detectors
  • Other Features: School Bus Service, Commuter Train

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage

Location

  • Area: Lake Forest
  • County: Lake
  • Township: Shields
  • Driving Directions: Deerpath to Oakwood, South to 485

School Information

  • School District: 67
  • Elem School District: 67
  • Midd School District: 67
  • High School District: 115
  • Elementary School: Sheridan Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Private School: Lake Forest High School

Community

  • Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Number Limit, Size Limit
  • Pet Restrictions: Number Limit, Size Limit, / 25lbs.
  • Mgmt. Company: Wilder Managment

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Storm Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 2
  • Stories/Levels: 3
  • Square Feet: 2,088
  • Sq. Ft. Source: Assessor
  • Year Built: 1987
  • Remodeled/Updated: 2026

Unit Information

  • Units in Building: 11

Lot Features

  • Lot Dimensions: CONDO
  • Lot Features: Common Grounds

Animals

  • Animals Allowed: Number Limit, Size Limit

Financial Considerations

  • Association Fee: $988
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1987
  • Tax Amount: $23,256
  • Tax Year: 2024
  • Pays Sewer: Storm Sewer

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 12331230260000

Listed by Compass

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— 485 Oakwood Ave #D-2 —

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Schools serving 485 Oakwood Ave #D-2

School Districts:Lake Forest Community High School District 115, Lake Forest School District 67
NameGradesDistance
Sheridan Elementary School, Lake Forest, IL
1360 North Sheridan Road, Lake Forest, IL 60045
K-41.1 mi
Deer Path Middle School West
155 West Deerpath Road, Lake Forest, IL 60045
7-80.5 mi
Lake Forest High School
1285 North McKinley Road, Lake Forest, IL 60045
9-121.1 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 485 Oakwood Ave #D-2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/20/2026
Listed
$1,499,000
30.35%
MLS
8/20/2025
Sold
$1,150,000
—
Public Record
Get Price Alerts and Save Property
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 for 485 Oakwood Ave #D-2

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,445
17%
$266,344
8%
2023
$12,336
3%
$245,524
14%
2022
$11,988
2%
$215,297
1%
2021
$11,723
5%
$213,440
-1%
2020
$11,135
—
$214,620
2%
2019
$11,135
-9%
$210,681
-13%
2018
$12,196
3%
$241,064
2%
2017
$11,785
2%
$237,034
5%
2016
$11,544
1%
$225,618
6%
2015
$11,404
-15%
$212,446
—
2014
$13,346
3%
$212,446
-13%
2013
$12,918
1%
$243,674
-4%
2012
$12,735
—
$255,020
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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485 Oakwood Avenue #D-2, Lake Forest, IL 60045 (MLS# 12595028) is a Condo property with 2 bedrooms and 2 full bathrooms. 485 Oakwood Avenue #D-2 is currently listed for $1,499,000 and was received on March 20, 2026. Want to learn more about 485 Oakwood Avenue #D-2? Do you have questions about finding other Condo 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.

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