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$825,000
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Property Description
A rare chance to own a true Lake Forest 2-flat, perfect for an investor or savvy buyer who wants to live in one unit and rent the other. This solid brick property includes two separate addresses and private entrances (578 Ct and 580 Ivy Ct), each offering a spacious 3Bd/2Ba layout with its own basement, laundry, and extensive storage. Step inside to bright living and dining spaces connected to beautifully updated kitchens featuring white shaker cabinetry, Quartz counters, stainless appliances, and luxury vinyl flooring. The primary suites offer double closets and private baths, while two additional bedrooms in each unit share an updated hall bath. Both units have been freshly painted and include newer A/C units. Additional improvements-newer roof, gutters, deck, and driveway-make this an easy, low-maintenance investment. A detached two-car garage provides added convenience. Set in the sought-after Lake Forest community, you'll enjoy acclaimed schools, scenic parks, charming shops and restaurants, and effortless commuting via Metra and major highways. Opportunities like this are few and far between.
Full Property Details
Full Property Details for 578 Ivy Ct
General
- Sold For: $825,000
- Taxes: $10,761 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12531542
- Added to Site: 58 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Carbon Monoxide Detectors
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Lake Forest
- County: Lake
- Driving Directions: Western Avenue to Ryan Place, East on Ryan Place to Washington Circle then go SE to Maywood, turn right onto Maywood, right onto Ivy Court to the property.
School Information
- School District: 67
- Midd School District: 67
- Elementary School: Sheridan Elementary School
- Middle School: Deer Path Middle School
- High School: Lake Forest High School
- Private School: Lake Forest High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: Partially Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1961
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Manufactured Home
- Model: DUPLEX
Lot Features
- Lot Size (Acres): 0.15
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 106 x 59 x 125 x 63
- Lot Features: Cul-De-Sac
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1961
- Tax Amount: $10,761
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16042020100000
Listed by @properties Christie's International Real Estate
Sold by Berkshire Hathaway HomeServices Chicago
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Schools
Schools serving 578 Ivy Ct
School Districts:Lake Forest School District 67, Lake Forest Community High School District 115
| Name | Grades | Distance |
|---|---|---|
Sheridan Elementary School, Lake Forest, IL 1360 North Sheridan Road, Lake Forest, IL 60045 | K-4 | 1.7 mi |
Deer Path Middle School West 155 West Deerpath Road, Lake Forest, IL 60045 | 7-8 | 1.1 mi |
Lake Forest High School 1285 North McKinley Road, Lake Forest, IL 60045 | 9-12 | 1.7 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 578 Ivy Ct
Date
Details
Price
Change
Source
3/10/2026
Sold
$825,000
-1.2%
MLS
1/07/2026
Listed
$835,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
578 Ivy Court, Lake Forest, IL 60045 (MLS# 12531542) is a Multi-Family property that was sold at $825,000 on March 10, 2026. Want to learn more about 578 Ivy Court? Do you have questions about finding other Multi-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.

