24301 Forest Drive N Lake Zurich, IL $ 450,000
24301 Forest Drive N
$ 450,000
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24301 Forest Drive N

Lake Zurich, IL, 60047
$ 450,000
Bedrooms3 Baths2.1 Sq 1,800

Monthly Estimate*

$ 2,771

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Single Family Home for sale in Lake Zurich, IL

for $450,000 with 3 bedrooms and 2 full baths, 1 half bath. This home is 1,800 square feet.

Exceptional opportunity to own direct lakefront property on Forrest Lake in Lake Zurich offering flexibility for renovation, new construction, or development potential. Situated on two combined lots totalling approximately 0.341 acres, this 3-bedroom, 3-bath ranch home with walkout basement presents expansive water views and the rare advantage of a dual-lot configuration on a private lake setting. Positioned on the north end of Forrest Lake, the property benefits from southern sun exposure throughout the day, enhancing natural light and maximising enjoyment of the waterfront setting. Located on the wider open portion of the lake, the property captures both sunrise and sunset views, creating a peaceful lakefront environment ideal for year-round living or a private retreat. The property includes direct lake frontage with private pier, providing convenient access to the water for a variety of recreational activities. Forrest Lake is a no-wake lake allowing idle-only boating, supporting a quiet atmosphere ideal for kayaking, paddleboarding, fishing, and relaxing along the shoreline. The existing single-family ranch home features a walkout basement and detached 2.5-car garage, offering a functional starting point for those looking to update, expand, or re imagine the property. The presence of two legal lots creates a unique opportunity that is difficult to replicate within established lakefront communities. Buyers may consider renovating the current home, building a custom lakefront residence, or exploring development possibilities that take advantage of the lot configuration and desirable location. Lakefront land opportunities with this level of flexibility are limited. Conveniently located less than five minutes from downtown Lake Zurich and near the shopping, dining, and amenities of nearby Kildeer, the property offers both privacy and accessibility. This location allows residents to enjoy the benefits of lake living while remaining close to everyday conveniences.Whether seeking a custom lakefront estate, private waterfront retreat, or investment opportunity, this Forrest Lake property presents significant potential in a desirable Lake Zurich location.

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Single Family Active

Price

$ 450,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 7,295

Style

Town/City

Lake Zurich

County/Region

Lake

MLS | Web ID

12600327

Features
General
Living Area 1800
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
HOA Fee 150
Garage Spaces 2
Association Fee Includes Lake Rights
Construction Materials Aluminum Siding
Township Ela
Tax Year 2024
Ownership Fee Simple
Community Features Clubhouse Lake Dock Water Rights
Assoc Fee Paid Per Annually
County Lake
New Construction N
Property Type Residential Detached Single
Total Rooms 7
Full Baths 2
Status New
Directions Rand Rd north to Quentin rd north Right turn on N Old McHenery rd to N Forest Dr to home.
City Lake Zurich
High School District 95
MLS Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Tax Annual Amount 7295
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 95
Elementary School District 95
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Interior
Basement Partially Finished Exterior Entry Concrete Rec/Family Area Walk-Up Access Full Walk-Out Access
Half Baths 1
Total Bedrooms 3
Room Type Bonus Room
Total Baths 3
Bedrooms Possible 3
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Exterior
Exterior Amenities Balcony
Parking Features Asphalt Yes Garage Owned Detached Owned Garage
Water Source Well
Total Parking 6
Foundation Details Concrete Perimeter
Lot Dimensions 100x170
Waterfront Y/N Y
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* Excluded Features
List By
Baird & Warner

Broker

Theviks@thevikhometeam.com

Email

Affordability Calculator

$3,379
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$608
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.
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Nearby
566285 Elementary School
565373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2026$450,000 Listed Price

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24301 Forest Drive N, Lake Zurich, IL, 60047 is a Single Family Home for sale at $450,000 with 1,800 sqft. 24301 Forest Drive N has 3 bedrooms and 2.1 baths. The property's zip code is 60047 which is in Lake Zurich, IL