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$1,695,000
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Property Description
Architecturally significant and beautifully preserved, this exceptional Roy Binkley-designed Mid-Century Modern residence is set on 1.3 private, wooded acres, offering a rare blend of design pedigree, modern updates, and flexible living spaces. Defined by soaring ceilings, dramatic walls of glass, and Binkley's signature integration of architecture and nature, the home is rich in texture, form, and function. Thoughtfully designed for primarily one-level living, the residence includes a fully integrated private suite with its own entrance, kitchenette, office, and sitting room-ideal for guests, multigenerational living, an au pair, or a private work-from-home retreat. Expansive windows frame breathtaking views of the surrounding landscape from nearly every room, creating the sensation of living among the treetops. The walk-out lower level offers additional living and recreation space, perfect for a fitness studio, media room, or teen retreat, all with serene views of the property. Significant improvements include a new roof and skylights (2025), along with beautifully expanded primary and second-floor baths. Freshly painted inside and out, this meticulously maintained home is truly move-in ready. A rare opportunity to own a timeless architectural gem where every angle reveals a new perspective and every room celebrates the beauty of its natural surroundings. Adjacent to Waveland Park.
Full Property Details
Full Property Details for 550 S Green Bay Rd
General
- Price: $1,695,000
- Taxes: $27,531 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12666669
Interior
- Basement: Partially
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Gravel, Yes, Garage Owned, Attached, Garage
Location
- Area: Lake Forest
- County: Lake
- Township: West Deerfield
- Driving Directions: Green Bay Rd South of Westleigh to #
School Information
- School District: 67
- Elem School District: 67
- Midd School District: 67
- High School District: 115
- Elementary School: Cherokee Elementary School
- High School: Lake Forest High School
- Private School: Lake Forest High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan, Public
Structural Information
- Architectural Info: Mid-Century Modern
- Architectural Style: Mid-Century Modern
- Construction: Cedar
- Exterior Const.: Cedar
- Basement: Yes
- Basement Desc.: Partially Finished, Partial, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Shake
- Square Feet: 5,108
- Sq. Ft. Source: Assessor
- Year Built: 1964
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 1.35
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 180 x 333
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1964
- Tax Amount: $27,531.88
- Tax Year: 2024
- Pays Sewer: Public Sewer, Storm Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16043020100000
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Schools
Schools serving 550 S Green Bay Rd
School Districts:Lake Forest School District 67, Lake Forest Community High School District 115
| Name | Grades | Distance |
|---|---|---|
Cherokee Elementary School, Lake Forest, IL 475 Cherokee Road, Lake Forest, IL 60045 | K-4 | 0.3 mi |
Deer Path Middle School West 155 West Deerpath Road, Lake Forest, IL 60045 | 7-8 | 1.4 mi |
Lake Forest High School 1285 North McKinley Road, Lake Forest, IL 60045 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 550 S Green Bay Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,162
11%
$486,458
5%
2024
$24,364
3%
$464,000
17%
2023
$23,550
6%
$397,587
—
2022
$22,254
3%
$398,290
4%
2021
$21,676
3%
$384,005
—
2019
$21,005
—
$384,160
—
2020
$20,949
-6%
$384,813
-10%
2018
$22,379
1%
$429,660
—
2017
$22,104
4%
$428,290
4%
2016
$21,271
1%
$412,095
6%
2015
$20,987
21%
$387,198
—
2014
$17,397
-17%
$387,198
-1%
2013
$21,042
4%
$392,829
-1%
2012
$20,320
—
$398,123
—
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 550 S Green Bay Rd
550 S Green Bay Road, Lake Forest, IL 60045 (MLS# 12666669) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 550 S Green Bay Road is currently listed for $1,695,000 and was received on June 02, 2026. Want to learn more about 550 S Green Bay Road? Do you have questions about finding other Single Family 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.

