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$525,000 -$25,000 (-4.55%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • Updated 1 hour ago
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Can't find the house you've been searching for in this market due to low inventory? This is a great opportunity to create the home you always envisioned without the stress and time needed to plan it out. 1-acre lot in Northbrook just north of Dundee and east of Lee Rd. in a neighborhood with many high-end renovations, new construction, and tons of privacy. The foundation has been poured for the addition and the house is ready to be completed by a new owner. The current home has been gutted and remediated due to a fire. The owner has architectural plans and has pulled permits with Northbrook. The current owner designed his dream home and unfortunately has work obligations that have changed his plans. Architectural plans, permits, builder/contractor estimates, renderings, etc will be provided to the buyer.

Full Property Details for 535 Fairway Ln

General

  • Price: $525,000
  • Taxes: $13,209 (2023)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12470149
  • Updated: 1/19/2026
  • Added to Site: 130 day(s) ago

Parking

  • Parking Features: Asphalt

Location

  • Area: Northbrook
  • County: Cook
  • Township: Northfield
  • Driving Directions: Dundee to Lee, North to Fairway

School Information

  • School District: 28
  • Elem School District: 28
  • Midd School District: 28
  • High School District: 225

Utilities

  • Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available, Cable Available

Structural Information

  • Current Bldg. Use: Single Family

Lot Features

  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 160 x 269
  • Frontage: Public Road
  • Frontage Feet: 160
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $13,209
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Short Sale
  • Property ID: 4023000310000

Listed by Compass

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— 535 Fairway Ln —

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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 535 Fairway Ln

School Districts:Northbrook School District 28, Northfield Township High School District 225
NameGradesDistance
Meadowbrook Elementary School, Northbrook, IL
1600 Walters Avenue, Northbrook, IL 60062
PK-51.2 mi
Northbrook Junior High School
1475 Maple Avenue, Northbrook, IL 60062
6-81.3 mi
Glenbrook North High School
2300 Shermer Road, Northbrook, IL 60062
9-122.5 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 535 Fairway Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/19/2026
Price Reduced
$525,000
-4.55%
MLS
9/11/2025
Listed
$550,000
-18.52%
MLS
9/14/2023
Sold
$675,000
—
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 535 Fairway Ln

Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,209
3%
$63,693
—
2022
$12,770
-18%
$63,693
-7%
2021
$15,561
1%
$68,178
—
2020
$15,348
3%
$68,178
-9%
2019
$14,895
-16%
$74,921
-9%
2018
$17,783
2%
$82,009
—
2017
$17,350
4%
$82,009
—
2016
$16,705
7%
$82,009
20%
2015
$15,605
5%
$68,383
—
2014
$14,914
3%
$68,383
—
2013
$14,441
—
$68,383
-8%
2012
$14,455
—
$73,954
—
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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535 Fairway Lane, Northbrook, IL 60062 (MLS# 12470149) is a Lots/Land property with a lot size of acres. 535 Fairway Lane is currently listed for $525,000 and was received on September 11, 2025. Want to learn more about 535 Fairway Lane? Do you have questions about finding other Lots/Land real estate for sale in Northbrook? You can browse all Northbrook real estate or contact a Coldwell Banker agent to request more information.

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