480 Saunders Road Lake Forest, IL ^$ 475,000

480 Saunders Road

^$ 475,000

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480 Saunders Road

Lake Forest, IL, 60045

^$ 475,000

Studio Baths0.0

Monthly Estimate*

^$ 2,963

480 Saunders Road, Lake Forest, IL 60045 - Image 1

480 Saunders Road, Lake Forest, IL 60045 - Image 2

480 Saunders Road, Lake Forest, IL 60045 - Image 3

480 Saunders Road, Lake Forest, IL 60045 - Image 4

Studio

Lots and Land for sale in Lake Forest, IL

for $475,000. The lot size is 6.07.

New Home Opportunity. Build your Dream Home Here** Live Where You Dream! ** Attention Builders** Seller willing to share previous Engineering reports* Report shows NO WETLAND** Potential for NEW Subdivision of 4 lots APPROVED BY Lake Forest** Lake Forest Prime Location available to Build New Single Family Homes. **ALL NEW Builds would be required to connect to City Water (Lake Michigan) and City Sanitary Sewer***Six acres situated on Saunders Road, adjacent to Conway Farms where large custom homes boast spacious yards. *Easy Access to 94 Expressway and Route 60**Close to Lake Michigan. Enjoy the Private Beach as a Lake Forrest Resident.**Lake Forest has a true Downtown Retail and Restaurant Experience** Top Rated Private and Public Schools. Lake Forest High School**TAXES REDUCED

Lots and Land Contingent

Price

^$ 475,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 10,553

Style

Single Family

Lot Size

6.07

Town/City

Lake Forest

County/Region

Lake

MLS | Web ID

12319941

Features

General

Utilities Electricity Nearby Natural Gas Nearby Sewer Connected

Possession Closing

Township Vernon

Tax Year 2023

Current Use Single Family

Ownership Fee Simple

County Lake

Property Type Land Land

Contingency Attorney/Inspection

Status Contingent

Directions #60 East of 94 Exp. to Conway Farms Dr. South West on Saunders to 480

High School Lake Forest High School

City Lake Forest

High School District 115

MLS Area Lake Forest

Tax Annual Amount 10553.38

Additional Parcels Y/N N

Standard Status Active Under Contract

Middle/Junior School District 67

Elementary School District 67

Exterior

Water Source Municipal Water

Total Parking 0

Lot Dimensions 601X719X350X772

Lot Size Acres 6.07

Road Surface Type Asphalt

Frontage Length 601

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Baird & Warner

Broker

TerryAndersonHomes@gmail.com

Affordability Calculator

$3,843

Per Month

Monthly Principal & Interest: $2,963
Monthly Property Taxes: $879
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Lake Forest, IL

Average List Price ^$849,039

Percent of Sale Price 79%

About Lake Forest, IL

19,888 Population

-2% Since 2002

^$164,533 Median Income

46.48 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565546 Elementary School

565412 Middle School

Lake Forest High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/24/2025	$475,000		Listed Price

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480 Saunders Road, Lake Forest, IL, 60045 is a Lots and Land for sale at $475,000 with a lot size of 6.07. 480 Saunders Road is a studio with 0.0 baths. The property's zip code is 60045 which is in Lake Forest, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/14/2025.

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480 Saunders Road

Lots and Land for sale in Lake Forest, IL

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