485 Oakwood Avenue # D-2
Lake Forest, IL, 60045 $ 1,499,000
Bedrooms2 Baths2.0 Sq 2,088 Monthly Estimate*
$ 9,230
for $1,499,000 with 2 bedrooms and 2 full baths. This 2,088 square foot condo was built in 1987.
Experience effortless, elevated living in this beautifully renovated (2026) condo, set within an intimate boutique building in the heart of Lake Forest. A gracious foyer welcomes you into a home defined by refined finishes and timeless style. The living room makes a striking first impression, featuring a newly designed fireplace with luxurious Philip Jeffries silk wall coverings and striking designer lighting. Oversized windows fill the space with natural light, creating a warm, inviting atmosphere. The adjoining dining room is equally impressive, centered around a statement chandelier and enhanced by a custom built-in and a beverage fridge - perfect for entertaining. The kitchen blends style and function with crisp white cabinetry, a walnut butcher block counter, and smart storage throughout. Just beyond, a newly finished library offers a quiet retreat with custom built-ins and signature Philip Jeffries wall coverings - ideal as an office, den, or a 3rd bedroom. The primary suite is a private sanctuary, featuring a new spa-inspired bath with a double vanity, a zero-threshold walk-in shower with low-iron glass, and custom designed closets. A statement chandelier adds an elegant finishing touch, creating a tranquil haven. The guest bedroom, filled with natural light from its south and east exposures, is equally inviting, with a fully renovated second bath just steps away. Extensive upgrades include designer lighting throughout, custom built-ins, high-end carpeting, and refinished hardwood floors. Additional highlights include newly installed California Closets, Hartman & Forbes automated blinds in all windows, a Sonos sound system, three OLED 4K TVs, a remote-controlled fireplace, and reverse osmosis drinking water. Complete with two parking spaces in a heated garage, ample guest parking, elevator access, and a secure intercom, this home offers a rare combination of luxury, comfort, and convenience, truly move-in ready in an exceptional Lake Forest location.
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FeaturesGeneralLiving Area 2088
Sewer Storm Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator Freezer Washer Dryer Disposal Humidifier
HOA Fee 988
Garage Spaces 2
Association Fee Includes Water Insurance Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Number Limit Size Limit
Year Built 1987
Electric Circuit Breakers
Township Shields
Unit Number D-2
Tax Year 2024
Ownership Condo
Assoc Fee Paid Per Monthly
County Lake
New Construction N
Property Type Residential Attached Single
Association Amenities Storage Security Door Lock(s)
Total Rooms 6
Full Baths 2
Status New
Directions Deerpath to Oakwood South to 485
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 23256
Middle/Junior High School Deer Path Middle School
Additional Parcels Y/N N
Virtual Tour https://orders.realsnapmedia.com/485-Oakwood-Ave/idx
Standard Status Active
Middle/Junior School District 67
Elementary School District 67
Sub Type Condo
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InteriorInterior Amenities Dry Bar Elevator Storage Built-in Features
Basement None
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Gas Log Gas Starter
Total Stories 3
Half Baths 0
Laundry Features Washer Hookup
Total Bedrooms 2
Room Type Den Foyer
Total Baths 2
Bedrooms Possible 2
Bathroom Separate Shower
Total Number of Units 11
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ExteriorParking Features Concrete Garage Door Opener Heated Garage Yes Garage Owned Attached Garage
Lot Features Common Grounds
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions CONDO
Waterfront Y/N N
Other Equipment Security System Intercom Fire Sprinklers CO Detectors
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* Excluded FeaturesList Byelizabeth.wieneke@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,230
- Monthly Property Taxes
- $1,938
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCondo listings in Lake Forest, IL
Average List Price $1,438,557
Percent of Sale Price 4%
About Lake Forest, IL 19,888 Population
-2% Since 2002
$ 164,533 Median Income
46.48 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
567642 Elementary School
567092 Middle School
Lake Forest High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/20/2026 | $1,499,000 | | Listed Price |