1151 W Old Mill Road Lake Forest, IL $ 400,000
1151 W Old Mill Road
$ 400,000
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1151 W Old Mill Road

Lake Forest, IL, 60045
$ 400,000
Baths0.0

Monthly Estimate*

$ 2,463

1151 W Old Mill Road, Lake Forest, IL 60045 - Image 1
1151 W Old Mill Road, Lake Forest, IL 60045 - Image 2
1151 W Old Mill Road, Lake Forest, IL 60045 - Image 3
1151 W Old Mill Road, Lake Forest, IL 60045 - Image 4
Studio

Lots and Land for sale in Lake Forest, IL

for $400,000. The lot size is 1.59.

Located at the corner of Old Mill Road and Telegraph Road, this exceptional homesite offers a beautiful natural setting, generous frontage, and ample space to create a private residence tailored to your lifestyle. The property encompasses approximately 69,260 square feet and can accommodate a substantial custom home while preserving the character and privacy afforded by its mature trees and natural surroundings. Preliminary due diligence indicates the property is not located within a floodplain and contains no known ADID jurisdictional wetlands. Conveniently located near Everett Elementary School, parks, shopping, dining, and transportation, the property offers a rare combination of space, natural beauty, and accessibility. Large buildable parcels of this size are becoming increasingly difficult to find in Lake Forest, making this an exceptional opportunity to create a one-of-a-kind home in one of the North Shore's most desirable communities.

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Lots and Land Active

Price

$ 400,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 10,352

Style

Residential,Single Family

Lot Size

1.59

Town/City

Lake Forest

County/Region

Lake

MLS | Web ID

12658096

Features
General
Utilities Electricity Nearby Natural Gas Nearby Sewer Nearby Water Nearby
Possession Closing
Zoning SINGL
Township West Deerfield
Tax Year 2024
Current Use Residential Single Family
Ownership Fee Simple
County Lake
Property Type Land Land
Possible Use Residential Single Family
Status New
Directions Deerpath Road west to Waukegan Road south to Old Mill Road west to 1151 W Old Mill Road (corner of Old Mill and Telegraph roads)
High School Lake Forest High School
City Lake Forest
High School District 115
MLS Area Lake Forest
Elementary School Everett Elementary School
Tax Annual Amount 10352
Middle/Junior High School Deer Path Middle School
Standard Status Active
Middle/Junior School District 67
Elementary School District 67
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Exterior
Water Source Municipal Water
Total Parking 0
Lot Dimensions 246x41x243x243x269
Lot Size Acres 1.59
Road Surface Type Asphalt
Frontage Length 246
Frontage Type City Street Paved
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Compass

Broker

peter.coutant@compass.com

Email

Affordability Calculator

$3,326
Per Month
74%
26%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$863
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
565992 Elementary School
567092 Middle School
Lake Forest High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$400,000 Listed Price

Map


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1151 W Old Mill Road, Lake Forest, IL, 60045 is a Lots and Land for sale at $400,000 with a lot size of 1.59. 1151 W Old Mill Road is a studio with 0.0 baths. The property's zip code is 60045 which is in Lake Forest, IL