Backup offers
$10,000 Closing Credit¹
#12352981, Susan Duffey, Listing office: @properties Christie's International Real Estate
$1,295,000 List price
490 S Waukegan Rd Lake Forest, IL 60045
$10,000
Closing credit¹
5 beds
4 full
3,658 sqft
1.5 acres
$354 / sqft
House
Property details
About 490 S Waukegan Rd
Stunning fully updated home secluded on nearly one and a half acres in beautiful Lake Forest! This modern farmhouse gut renovated in 2022 with 5 bedrooms and 4 full bathrooms - is what you have been waiting for! Greeted by warm front porch, you enter into the lovely foyer which is open to a bright formal living room with electric fireplace, tucked away private office with gas fireplace, and nicely sized dining room with storage closet. The sun-filled gourmet kitchen features custom white cabinetry, quartz countertops, breakfast bar and breakfast table nook, large pantry - opens to pretty family room with gas fireplace and sliding glass doors that overlook patio & backyard! The first floor also features an oversized laundry and mud room, a guest bedroom with gorgeous hall bathroom, and an attached 2.5 car garage. Upstairs you will find a peaceful primary suite with two walk in closets and spa-like bathroom with huge dual vanity, soaking tub, and nice shower. Three large family bedrooms round out the second floor - one with an en suite bath while two share a lovely hall bath. Huge finished basement with plentiful recreation space & entertaining space - plus tons of storage! Amazing backyard with great patio, covered pergola with tv, fire pit area, swing set, basketball hoop, and lots of yard. Located in desirable Lake Forest, this home is just minutes away from great schools, shopping, dining, and entertainment!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Contingent)
(Contingent)
CoolingCentral Air
Size3,658 sqft
BasementYes
Lot size1.46 Acres
Year built1977
ParkingAsphalt, Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
MLS #12373311
Garage2 spaces
FireplaceWood Burning, Electric, Gas Log
Summary
- Full Bathrooms: 4
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
- Basement: Yes
- Interior: 1st Floor Bedroom, 1st Floor Full Bath, Open Floorplan, Separate Dining Room
- Fireplace: Wood Burning, Electric, Gas Log
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Parking: Asphalt, Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $1,295,000
- Price/SqFt: $354
- Annual Tax Amount: $16,783
- Tax Year: 2023
- Lot: Landscaped
- Directions: Waukegan Rd - South of Route 60, North of Everett
- Year Built: 1977
- Living Area: 3,658 SqFt
- Lot Size: 1.46 Acres
- MLS Number: 12373311
- MLS Name: MRED
- Office Name: @properties Christie's International Real Estate
- Office Phone: (847) 881-0200
- Listing Agent: Katharine Hackett
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Copyright © 2025 Midwest Real Estate Data LLC (MRED). All rights reserved.
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$1,295,000
490 S Waukegan Rd
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 22, 2023 | Home Sold | $1,055,000 |
| Jan 24, 2022 | Home Sold | $450,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $273,538 | $16,783 |
| 2022 | $287,248 | $15,970 |
| 2021 | $276,946 | $8,650 |
| 2020 | $277,528 | $8,257 |
| 2019 | $277,057 | $8,295 |
| 2018 | $285,244 | $7,858 |
| 2017 | $284,334 | $7,858 |
History based on county public records data.
Nearby schools
9
Everett Elementary School
Public District KG-4
1.0 mi
•1111 Everett School Rd
8
Cherokee Elementary School
Public District KG-4
2.0 mi
•475 Cherokee Rd
10
Sheridan Elementary School
Public District PK-4
3.0 mi
•1360 N Sheridan Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $197,965. The majority of Lake Forest, IL residents have income $200k+ annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
1%
<35k
23%
35k-100k
26%
100k-200k
50%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
18%
Single, No Kids
5%
Single, with Kids
45%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
13%
12-17 yrs old
9%
18-34 yrs old
49%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 490 S Waukegan Rd
The listing price of 490 S Waukegan Rd property is $1,295,000.
The property 490 S Waukegan Rd is a house located in Lake Forest, Illinois, 60045.
Accepting Backup Offers: 490 S Waukegan Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 490 S Waukegan Rd are: Everett Elementary School (GreatSchools Rating 9/10), Cherokee Elementary School (GreatSchools Rating 8/10), Sheridan Elementary School (GreatSchools Rating 10/10), Deer Path Middle School West (GreatSchools Rating 7/10), Deer Path Middle School East (GreatSchools Rating 8/10), Daniel Wright Jr High School (GreatSchools Rating 9/10), Lake Forest High School (GreatSchools Rating 10/10), Deerfield High School (GreatSchools Rating 10/10), Vernon Hills High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $16,783 (source: MLS/based on county public records data).
The last sale was on May 22, 2023 for $1,055,000 (source: MLS/tax record).
The property at 490 S Waukegan Rd has 5 bedrooms and 4 bathrooms.
The property 490 S Waukegan Rd is 3,658 SqFt (source: MLS/tax record).
The year of construction for 490 S Waukegan Rd is 1977.
This home is located at 490 S Waukegan Rd in Lake Forest, IL and zip code 60045. This 3,658 square foot home, which was built in 1977, sits on a 1.46 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $1,295,000.
In May 2025 more than 7 listings in Lake Forest, IL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 18 were sold below. The inventory of homes for sale in Lake Forest, IL between April and May 2025 increased by 21.4%. Listings spent 45 days on the market in May 2025, and had a median list price of $1,100,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.