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$525,000

  • For Sale
  • Active
  • Lots/Land
  • 1.45 Acres
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LAST REMAINING LOT, and a corner lot, in the middle of Adler's Glen, a subdivision comprising of a total of only 12 exclusive residences valued up to $2 million. This Lot #8, 850 Gage Lane, is 1.45 acres, perfect for a 4,000 plus square foot custom home. The garage is additional sf. Owner/Developer has built on two of the twelve total lots, and has customized building plans available for this last remaining lot. The Classic French style home floor plan is attached. Available for purchase as a vacant parcel or as a custom home package. Realize the expense of clearing the lot has been covered by the seller. In the morning you will wake to an expansive view of the sunrise from the back of your future home, and in the evening watch the sunset from the front of your new home.

Full Property Details for 850 Gage Ln

General

  • Price: $525,000
  • Taxes: $8,990 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12377502
  • Updated: 10/1/2025
  • Added to Site: 234 day(s) ago

Location

  • Area: Lake Forest
  • County: Lake
  • Township: Shields
  • Subdivision: Adler's Glen
  • Driving Directions: WAUKEGAN RD. NORTH TO GAGE LANE EAST TO PROPERTY on the corner on your left.

School Information

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

Utilities

  • Sewer: Storm Sewer
  • Onsite: Electricity Available, Natural Gas Available, Sewer Connected, Water Available

Structural Information

  • Square Feet: 1.45
  • Current Bldg. Use: Residential

Lot Features

  • Lot Size (Acres): 1.45
  • Lot Size (Sq. Ft.): 62,972
  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 270 x 241 x 269 x 219
  • Frontage: City Street
  • Frontage Feet: 270
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $8,990
  • Tax Year: 2024
  • Pays Sewer: Storm Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 12302030130000

Listed by @properties Christie's International Real Estate

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— 850 Gage Ln —

  • @properties Christie's International Real Estate

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 850 Gage Ln

School Districts:Lake Forest Community High School District 115, Lake Forest School District 67
NameGradesDistance
Deer Path Middle School East
95 West Deerpath Road, Lake Forest, IL 60045
5-61.5 mi
Everett Elementary School, Lake Forest, IL
1111 Everett School Road, Lake Forest, IL 60045
K-43.4 mi
Deer Path Middle School West
155 West Deerpath Road, Lake Forest, IL 60045
7-81.4 mi
Lake Forest High School
1285 North McKinley Road, Lake Forest, IL 60045
9-121.4 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 850 Gage Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2025
Listed
$525,000
-21.35%
MLS
10/08/2001
Sold
$667,500
—
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 850 Gage Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,676
5%
$149,540
8%
2023
$8,248
3%
$137,850
1%
2022
$8,019
2%
$136,593
1%
2021
$7,839
5%
$135,415
-1%
2020
$7,448
-1%
$136,164
2%
2019
$7,496
-15%
$133,664
-19%
2018
$8,809
3%
$165,260
2%
2017
$8,520
4%
$162,498
5%
2016
$8,178
1%
$154,672
6%
2015
$8,093
10%
$145,642
—
2014
$7,390
1%
$145,642
11%
2013
$7,305
2%
$130,757
-4%
2012
$7,156
—
$136,845
—
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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850 Gage Lane, Lake Forest, IL 60045 (MLS# 12377502) is a Lots/Land property with a lot size of 1.45 acres. 850 Gage Lane is currently listed for $525,000 and was received on May 29, 2025. Want to learn more about 850 Gage Lane? 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.

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