331 Granby Road Lake Forest, IL $ 799,000
331 Granby Road
$ 799,000
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331 Granby Road

Lake Forest, IL, 60045
$ 799,000
Bedrooms3 Baths2.0 Sq 1,245

Monthly Estimate*

$ 4,985

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Single Family Home for sale in Lake Forest, IL

for $799,000 with 3 bedrooms and 2 full baths. This 1,245 square foot home was built in 1925 on a lot size of 0.05.

Transformed Storybook Cottage One Block From Downtown Lake Forest. Just moments from the train, shopping, dining, and the beach. Tucked along a quiet enclave in East Lake Forest, this extensively renovated 1925 gabled cottage offers the best of in-town living just down the street. Storybook charm gives the home instant curb appeal while bright, sunny interiors blend vintage character with modern updates-the result of the current owner's meticulous stewardship. Tall ceilings, arched doorways, traditional millwork, and newly lightened original hardwood floors give the main level a timeless quality. The living and dining areas can function as a flexible, open-flow space, equally suited to everyday living and casual entertaining. The kitchen has been completely reimagined with modern appointments, including a Sub-Zero refrigerator, Samsung appliances, a farmhouse sink, updated cabinetry, a breakfast bar, and a well-organized pantry. Just beyond, a rear mudroom offers practical access to the fenced backyard. The first-floor bedroom, with abundant natural light, has easy access to a renovated full bath and direct access to the second floor. Upstairs, the architecture shifts into a cozier scale-a pair of tandem rooms with pitched ceilings ideal for bedrooms, a playroom, or a cozy creative retreat. The fully finished lower level expands the home's footprint. Featuring painted exposed ceilings, luxury vinyl flooring, and thoughtful zoning to accommodate multiple functions, it includes a large recreation area, an office or bonus room, an added full bath, a new laundry room, and generous closeted storage. A rare walkout feature connects directly to the backyard with a storage room beyond. Outside, the property has been transformed with new landscaping, a paver patio, new fencing, and cozy front porch. Behind the scenes, major mechanical upgrades-new copper water service and lines, new electrical, a new furnace and boiler, new HVAC units, a new hot water heater-bring peace of mind to a home with nearly a century of character. Every space reflects the care of a thoughtful renovation that honors the charm of a 1920s cottage while elevating the way the home lives today. If you're seeking in-town proximity, vintage style, and move-in ready spaces in the heart of Lake Forest, this home checks all of the boxes.

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Single Family Active

Price

$ 799,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 5,638

Style

Lot Size

0.05

Year Built

1925

Town/City

Lake Forest

County/Region

Lake

MLS | Web ID

12518054

Features
General
Living Area 1245
Sewer Storm Sewer
Heating Radiator(s) Sep Heating Systems - 2+
Cooling Wall Unit(s)
Possession Closing
Appliances Range Microwave Dishwasher High End Refrigerator Stainless Steel Appliance(s)
Association Fee Includes None
Construction Materials Other
Year Built 1925
Township Shields
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Total Rooms 9
Full Baths 2
Status Active
Directions Green Bay Rd to E Deerpath Rd east to N McKinley Rd north to Granby Rd east to property
High School Lake Forest High School
City Lake Forest
High School District 115
MLS Area Lake Forest
Elementary School Sheridan Elementary School
Tax Annual Amount 5638.44
Middle/Junior High School Deer Path Middle School
Standard Status Active
Middle/Junior School District 67
Elementary School District 67
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Interior
Basement Finished Full
Half Baths 0
Total Bedrooms 3
Room Type Den Office Recreation Room Mud Room Storage Screened Porch
Total Baths 2
Bedrooms Possible 3
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Exterior
Parking Features Asphalt Driveway Yes Owned
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 39X93X29X68
Lot Size Acres 0.05
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

Annie@DawnMcKennaGroup.com

Email

Affordability Calculator

$5,455
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$470
Monthly 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
567642 Elementary School
567092 Middle School
Lake Forest High School High School
Pricing History
DatePricePrice ChangeDescription
11/16/2025$799,000 Listed Price

Map


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331 Granby Road, Lake Forest, IL, 60045 is a Single Family Home for sale at $799,000 with 1,245 sqft and a lot size of 0.05. 331 Granby Road has 3 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 60045 which is in Lake Forest, IL