#12202035, Sally Mabadi, Listing office: Compass
55 Prospect Ave Highland Park, IL 60035
Property details
About 55 Prospect Ave
Welcome to 55 Prospect Avenue-where every day feels like a seaside escape. Perfectly sited on 1.5 acres with an extraordinary 175 feet of private Lake Michigan beachfront, this coastal-inspired estate offers a rare blend of architectural elegance, resort-style living, and timeless design. Evoking the relaxed sophistication of the Hamptons, this is Highland Park's crown jewel. Designed and built by some of the most respected names in luxury construction and recently reimagined to elevate both form and function, the residence spans over 9,000 square feet of masterfully crafted living space. Landscape architect Bill Eiserman reengineered the bluff and curated the grounds into a private, protected sanctuary with lush, purposeful design and uninterrupted lake views. Inside, floor-to-ceiling windows frame panoramic, ever-changing views of the lake, infusing every room with natural light and the calm of the shoreline. The main floor was designed for seamless entertaining and relaxed living, with soft, organic tones and a thoughtful layout that blends openness with intimacy. At the heart of the home lies the showpiece kitchen-featuring butcher block and marble countertops, professional-grade appliances, and expansive prep and serving areas ideal for both culinary pursuits and gathering with friends. The main residence includes 4 bedrooms and 5.2 baths, each beautifully appointed. The primary suite is a serene retreat, offering peaceful morning lake views at every turn, and an ambiance that invites rest, renewal, and reflection. An elevator services all floors, offering ease and accessibility throughout the home. Just steps away, a guest house mirrors the architecture and charm of the main home and includes a bedroom, full bath, exercise studio, and recreation space. The breezeway connecting the two structures features twin porch swings-an unexpected and whimsical detail that invites quiet reflection and a moment to take in the breeze off the lake. The outdoor living experience is just as exceptional. An outdoor shower adds convenience and practicality for those perfect beach days. The expansive, landscaped backyard features a beautiful stone patio for al fresco dining, and a built-in fire pit overlooking lush gardens and the serene blue waters beyond, creating the perfect setting for intimate gatherings or tranquil evenings under the stars. Car enthusiasts will appreciate the oversized 6-car garage, providing ample space for a prized collection or weekend cruisers. This is more than a home-it's a lifestyle of privacy, beauty, and effortless luxury, just minutes from the heart of Highland Park and world-class schools and amenities.
Highlights
(Contingent)
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 6
- Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
- Basement: Yes
- Interior: Elevator
- Fireplace: Gas Log
- Total Bedroom Count: 5
- Garage Space: 6 spaces
- Parking: Brick Driveway, Circular Driveway, Heated Garage, Garage, On Site, Garage Owned, Attached
- Exterior: Balcony, Hot Tub, Dog Run, Outdoor Grill, Fire Pit, Breezeway, Lighting
- Architectural Style: Cape Cod
- Heating: Natural Gas, Forced Air
- Cooling: Central Air, Zoned
- List Price: $5,995,000
- Price/SqFt: $666
- Annual Tax Amount: $109,879
- Tax Year: 2023
- Lot: Landscaped, Trees, Views
- Directions: Sheridan to Laurel, Laurel to Prospect
- Year Built: 1995
- Living Area: 9,000 SqFt
- Lot Size: 1.5442 Acres
- MLS Number: 12395579
- MLS Name: MRED
- Office Name: @properties Christie's International Real Estate
- Office Phone: (773) 472-0200
- Listing Agent: Carrie McCormick
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 16, 2006 | Home Sold | $5,000,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,323,959 | $109,879 |
2022 | $1,226,170 | $101,371 |
2021 | $1,185,278 | $98,080 |
2020 | $1,185,278 | $94,758 |
2019 | $1,179,734 | $94,758 |
2018 | $1,150,680 | $85,857 |
2017 | $1,144,045 | $85,857 |
History based on county public records data.
Nearby schools
6
Indian Trail Elementary School
Public District KG-5
0.8 mi
•2075 Saint Johns Ave
6
Ravinia Elementary School
Public District KG-5
1.4 mi
•763 Dean Ave
5
Oak Terrace Elementary School
Public District KG-5
1.8 mi
•240 Prairie Ave
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 $159,302. Typical income of Highland Park, IL residents is $200k+ annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 55 Prospect Ave
The listing price of 55 Prospect Ave property is $5,995,000.
The property 55 Prospect Ave is a house located in Highland Park, Illinois, 60035.
Accepting Backup Offers: 55 Prospect Ave 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 55 Prospect Ave are: Indian Trail Elementary School (GreatSchools Rating 6/10), Ravinia Elementary School (GreatSchools Rating 6/10), Oak Terrace Elementary School (GreatSchools Rating 5/10), Northwood Middle School (GreatSchools Rating 5/10), Edgewood Middle School (GreatSchools Rating 5/10), Alan B Shepard Middle School (GreatSchools Rating 7/10), Highland Park High School (GreatSchools Rating 6/10), Deerfield High School (GreatSchools Rating 10/10), Glenbrook North High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2023 is $109,879 (source: MLS/based on county public records data).
The last sale was on October 16, 2006 for $5,000,000 (source: MLS/tax record).
The property at 55 Prospect Ave has 5 bedrooms and 6 full and 2 half bathrooms.
The property 55 Prospect Ave is 9,000 SqFt (source: MLS/tax record).
The year of construction for 55 Prospect Ave is 1995.
This home is located at 55 Prospect Ave in Highland Park, IL and zip code 60035 in the J. M. Clarks neighborhood. This 9,000 square foot home, which was built in 1995, sits on a 1.54 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $5,995,000.
In June 2025, from all listings sold in Highland Park, IL there were more than 30 sold above asking price, over 25 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Highland Park, IL between May and June 2025 increased by 6%. In June 2025, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $776,000.