3 years on rocket

687 W Old Elm Rd, Lake Forest, IL, 60045

$725,000

2.13 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #11131948
Lot Size2.13 Acres
StatusActive

About 687 W Old Elm Rd

Over 2 acre wooded home site backing to Forest Preserve. Unique opportunity to build your custom home!

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Chicago
  • Office Phone: (847) 234-2500
  • Listing Agent: Jean Anderson

Lot Features

Lot Information:

  • Lot Size: 2.13 Acres

School Info

Assigned Schools Information:

  • Lake Forest High School, Public District Grades 9-12
  • Deer Path Middle School East, Public District Grades 5-6
  • Deer Path Middle School West, Public District Grades 7-8
  • Cherokee Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: Waukegan Rd. West of Westleigh to Old Elm. East on Old Elm to address

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
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Housing Market Comparison

See how this home compares to others in Lake Forest, IL.

Med. Sold Price

$1.0M

Med. Price/SqFt

$340

Avg. Days On Market

45

# of Sold Homes

20

687 W Old Elm Rd vs Lake Forest

1231 DAYS ON ROCKET

+1186 Days

$725,000

-$320K Less

KEY TAKEAWAY

This property is $320K less than the Median Sold Price in Lake Forest, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11131948

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Chicago
  • Office Phone: (847) 234-2500
  • Listing Agent: Jean Anderson

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,686

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1860062
8
/10
  • Cherokee Elementary School

  • 475 Cherokee Rd

  • 0.55 miles

  • Public District Grades KG-4

Middle School

school-card-donut-1860063
8
/10
  • Deer Path Middle School East

  • 95 W Deerpath

  • 2.29 miles

  • Public District Grades 5-6

school-card-donut-1860064
7
/10
  • Deer Path Middle School West

  • 155 W Deerpath

  • 2.30 miles

  • Public District Grades 7-8

High School

school-card-donut-1860065
10
/10
  • Lake Forest High School

  • 1285 N Mckinley Rd

  • 3.33 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $162,500. Residents of Lake Forest, IL typically earn $200k+ each year. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 687 W Old Elm Rd

What is the listing price of this property?

The listing price of 687 W Old Elm Rd property is $725,000.

What type of property is this?

The property 687 W Old Elm Rd is land located in Lake Forest, Illinois, 60045.

Is this property for sale now?

Active Listing: 687 W Old Elm Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 687 W Old Elm Rd are:
Cherokee Elementary School: GreatSchools Rating 8/10
Deer Path Middle School East: GreatSchools Rating 8/10
Deer Path Middle School West: GreatSchools Rating 7/10
Lake Forest High School: GreatSchools Rating 10/10

How much acreage is this property?

The property 687 W Old Elm Rd is 2.13 acres.
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Rocket HomesIllinoisLake CountyLake Forest60045687 W Old Elm Rd

This home is located at 687 W Old Elm Rd in Lake Forest, IL and zip code 60045 in the Sunset Hills Estates neighborhood. This home sits on a 2.13 acre lot. It has been listed on Rocket Homes since June 22, 2021 and is currently priced at $725,000.

Over 5 listings were sold over their listed price in October 2024 in Lake Forest, IL. In the same period over 10 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Lake Forest, IL increased by 1.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 45 days, the median list price was $1,045,000.

From Rocket Homes Real Estate and based on county public records data.

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