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$734,000
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Property Description
Set on an exceptional .443-acre parcel in the very heart of downtown Lake Forest, this rare offering presents an extraordinary opportunity to build new amid some of the area's most distinguished multi-million-dollar residences. Mere steps from acclaimed restaurants, charming boutiques, parks, and everyday conveniences-and just moments to Lake Forest High School and the lakefront-this location delivers the ultimate blend of lifestyle, walkability, and long-term value. The existing residence requires substantial renovation and is best suited for redevelopment, allowing a discerning buyer or builder to fully reimagine the site and create a custom home that reflects today's luxury standards while harmonizing with the surrounding estate-caliber properties. With nearly half an acre of prime, level land in one of Lake Forest's most coveted neighborhoods, this is a truly rare chance to secure an irreplaceable homesite where the value is unequivocally in the land and the possibilities are as compelling as the address itself.
Full Property Details
Full Property Details for 63 Franklin Pl E
General
- Sold For: $734,000
- Taxes: $11,802 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12552794
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Vaulted Ceiling(s), 1st-Floor Bedroom, 1st-Floor Bath
- Fireplace: Yes
- Fireplace(s): Family Room, Wood-Burning
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Sump Pump
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: Tandem, Yes, Garage Owned, Attached, Garage
Location
- Area: Lake Forest
- County: Lake
- Driving Directions: Western E of Green Bay Rd. to Franklin; L on Franklin
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
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Cedar
- Exterior Const.: Cedar
- Basement Desc.: Unfinished, Full
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 2,379
- Sq. Ft. Source: Plans
- Year Built: 1962
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.443
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 120 x 160 x 118 x 175
Financial Considerations
- Assessment Year: 1962
- Tax Amount: $11,802.72
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 12283010110000
Listed by @properties Christie's International Real Estate
Sold by Non Member
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Schools
Schools serving 63 Franklin Pl E
School Districts:Lake Forest Community High School District 115, Lake Forest School District 67
| Name | Grades | Distance |
|---|---|---|
Sheridan Elementary School, Lake Forest, IL 1360 North Sheridan Road, Lake Forest, IL 60045 | K-4 | 0.5 mi |
Deer Path Middle School West 155 West Deerpath Road, Lake Forest, IL 60045 | 7-8 | 0.9 mi |
Lake Forest High School 1285 North McKinley Road, Lake Forest, IL 60045 | 9-12 | 0.4 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 63 Franklin Pl E
Date
Details
Price
Change
Source
2/23/2026
Sold
$734,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
63 Franklin Place E, Lake Forest, IL 60045 (MLS# 12552794) is a Single Family property that was sold at $734,000 on February 23, 2026. Want to learn more about 63 Franklin Place E? 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.

