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Lake Forest, IL Condos for Sale

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  • /27

    $1,499,000

    • 2 Beds
    • 2 Baths
    • 2,088 Sq Ft

    485 Oakwood Ave Unit D2, Lake Forest, IL 60045

    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

    Agent Photo

    Elizabeth Wieneke

    Compass

    (224) 324-3442

    485 Oakwood Ave Unit D2, Lake Forest, IL 60045
  • /21

    $1,495,000

    • 3 Beds
    • 3.5 Baths
    • 3,330 Sq Ft

    531 N Mayflower Rd Unit 531, Lake Forest, IL 60045

    Elegant, one of a kind, townhome at Mayflower Park. Three floors of beautifully executed living spaces, including formal living and dining rooms, library, lovely primary suite, and family room (or 3rd bedroom). Elevator in unit. Gorgeous, private terrace overlooks ravine. Private exterior entrance directly into home. Two garage spaces. Basement provides great additional storage space.

    Nancy Adelman Compass

    531 N Mayflower Rd Unit 531, Lake Forest, IL 60045
  • /32

    $3,950,000

    • 3 Beds
    • 4.5 Baths
    • 4,600 Sq Ft

    727 N Mckinley Rd Unit 100, Lake Forest, IL 60045

    This one-of-a-kind, custom-built condominium in a 13-unit boutique building, offers the ultimate in luxury and convenience, ideally located in the heart of downtown Lake Forest. With Lake Forest Market Square, a variety of restaurants, shopping, and the train station right outside the front door, this stunning 3-bedroom, 4.5 bath home offers unparalleled ease of living. Designed by Witmer and

    Susan Amory Weninger @properties Christie's International Real Estate

    727 N Mckinley Rd Unit 100, Lake Forest, IL 60045

Why Live in Lake Forest

Lake Forest, IL, originally established as a retreat for Chicago's elite, retains its tranquil charm with historic mansions along Lake Michigan's shores. The city is known for its grand estates featuring French, Tudor, and Colonial architectural styles, many designed by renowned architects like Frank Lloyd Wright. Homes often sit on expansive lots with lush gardens. Recreational opportunities abound, from swimming and boating at Forest Park Beach to golfing at Deerpath Golf Course. Fort Sheridan Forest Preserve offers trails for hiking and bird watching. The city's downtown, Historic Market Square, boasts local restaurants, high-end shops, and hosts summer concerts. The Gorton Center provides a venue for diverse cultural events, while Ragdale supports artists through its residency program. Lake Forest Day, held every August, is a community highlight with parades and carnivals. The city is served by highly rated schools, including Lake Forest Elementary School District 67 and Lake Forest Community High School. Lake Forest College offers a private liberal arts education. Two Metra stations connect residents to downtown Chicago, 33 miles away, and Chicago O’Hare International Airport is 25 miles from the city. The area has lower crime rates compared to the national average, contributing to its appeal as a safe and serene place to live.

Home Trends in Lake Forest, IL

Housing Trends

Median Sale Price
$1,230,000
Median Single Family Sale Price
$1,392,000
Median Townhouse Sale Price
$1,329,000
Median 2 Bedroom Sale Price
$535,000
Median 1 Bedroom Sale Price
$227,250
Average Price Per Sq Ft
$399
Number of Homes for Sale
37
Last 12 months Home Sales
323
Months of Supply
1.40
Median List Price
$1,299,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
12%
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