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1151 W Old Mill Road Lake Forest, IL 60045 Land - Residential Contingent

  • 1151 W Old Mill Road, Lake Forest, IL 60045 Main Photo

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Description

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. There does not appear to be any known ADID jurisdictional wetlands based upon Lake County data, however interested parties should do their own due diligence. 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.

Property Highlights

Property Type: Land - Residential
Total Acres: 1.59 Acres
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby

General Information

County: Lake
High School: Lake Forest High School
Listed By:
Compass 847-416-0446
MRED MLS
$400,000
Est. $2,593/mo
Contingent
LOT SIZE 1.590 acres MLS#12658096
STATUSContingent PROPERTY TYPELand - Residential SCHOOLDistrict 115

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1151 W Old Mill Road, Lake Forest, IL 60045.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $400,000$400,000$400,000
Down Payment $80,000$14,000$100,000
Monthly Mortgage Amount $1,919$2,386$2,471
Taxes $557$557$557
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$176$0
Monthly Estimated Total $2,593$3,236$3,145

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